Issue Price
₹60
Per Share
GMP
+₹2
+3.33% Grey Market
Est. Listing
₹62
Expected Price
Min. Application
₹240,000
2 lots × 2000 shares
Atharva Polyplast manufactures precision plastic components, serving key industries like furniture, home appliances, and automotive. its main focus is on injection moulding using materials such as polypropylene (PP), ABS, HDPE, and engineering polymers.The company works with OEMs and Tier-1 suppliers in India, offering both B2B manufacturing and co-development support — from mould design and prototyping to final production and quality checks. It also assemble products using fasteners, hinges, and foam parts as per customer requirements.Its manufacturing facility spans across 2,34,614 sq. ft., with 40,000 sq. ft. of production space. It houses over 17 moulding machines (100T to 1000T), helps to serve diverse industries, including furniture, home appliances, automobile, etcThe company also has an in-house quality control team and its quality management system is certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.Competitive strengthsStrong relationships with established customer basExperienced Promoters and Managementcomprehensive range of plastic components product spectrumSustainable and Responsible ManufacturingDiversified Geographical Region
Atharva Polyplast Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 2,130,000 | — | ₹12.78 Cr | 2.38x |
| NII / HNI | 644,000 | — | ₹3.86 Cr | 18.93x |
| Retail (RII) | 1,500,000 | — | ₹9.00 Cr | 11.26x |
| TOTAL | 4,274,000 | 100.00% | ₹25.64 Cr | 7.99x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹120,000 |
| Retail (Max) | 13 | 26,000 | ₹1,560,000 |
| sNII (Min) | 14 | 28,000 | ₹1,680,000 |
| bNII (Min) | 68 | 136,000 | ₹8,160,000 |
| Particulars | 31 Jan 2026 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 43.90 | 43.09 | 46.82 |
| EBITDA | 8.36 | 5.95 | 4.75 |
| Profit After Tax (PAT) | 4.73 | 2.00 | 0.71 |
| Net Worth | 17.73 | 7.72 | 5.72 |
| Total Assets | 42.54 | 32.66 | 32.92 |
| Reserves & Surplus | 5.38 | 1.22 | -0.78 |
| Total Borrowings | 10.04 | 13.59 | 16.16 |