Who is the CEO of Atharva Poly-Plast Ltd?
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Atharva Poly-Plast’s Managing Director is Anujeet Darade.
Atharva Poly-Plast Ltd manufactures precision plastic components for industries such as furniture, home appliances, and automotive. The Atharva Poly-Plast IPO opens on 30 June 2026 and closes on 2 July 2026. The public issue comprises 45,00,000 equity shares with a price band of ₹55 to ₹60 per share and is proposed to be listed on the BSE SME platform. This guide explains the IPO details, objectives, application process, financial performance, risks, opportunities, key dates, and other information disclosed in the offer documents to help investors understand the public issue before applying.
Atharva Poly-Plast Ltd is engaged in the manufacture of precision plastic components used across industries such as furniture, home appliances, and automotive. The company focuses on injection moulding and processes materials including polypropylene (PP), ABS, HDPE, and engineering polymers to produce customised components. It supplies products to original equipment manufacturers (OEMs) and Tier-1 suppliers in India, while also providing support for mould design, prototyping, product assembly, and quality validation. Its manufacturing infrastructure and quality management systems support its operations across different industrial applications. The company’s market position is linked to its presence in multiple end-use sectors and its engagement with industrial customers through contract manufacturing and co-development projects.
Investors interested in applying for the Atharva Poly-Plast Ltd IPO can do so through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through the UPI-based application process available on eligible trading and investment platforms. Applicants need to log in to their preferred platform, select the Atharva Poly-Plast Ltd IPO from the list of open public issues, enter the required bid details, and submit the application. UPI users must approve the payment mandate within the stipulated timeline to complete the application process. Before applying, investors should review the company's offer document, eligibility criteria, issue details, and associated risks.
For more details, visit the Atharva Poly-Plast IPO page.
Details | Information |
IPO Date | June 30, 2026 to July 2, 2026 |
Issue Size | 45,00,000 shares (agg. up to ₹27 Cr) |
Price Band | ₹55 to ₹60 per share |
Lot Size | 2,000 shares |
Listing At | BSE SME |
Market Maker | R.K.Stock Holding Pvt. Ltd. |
Funding capital expenditure towards purchase of machinery
Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the company
Funding working capital requirements of the company
General corporate purposes
Event | Date |
|---|---|
IPO Open Date | Tue, Jun 30, 2026 |
IPO Close Date | Thu, Jul 2, 2026 |
Tentative Allotment | Fri, Jul 3, 2026 |
Initiation of Refunds | Mon, Jul 6, 2026 |
Credit of Shares to Demat | Mon, Jul 6, 2026 |
Tentative Listing Date | Tue, Jul 7, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jul 2, 2026 |
₹55 to ₹60 per share
Application | Lots | Shares | Amount |
Individual investors (IND) (Min) | 2 | 4,000 | ₹2,40,000 |
Individual investors (IND) (Max) | 2 | 4,000 | ₹2,40,000 |
S-HNI (Min) | 3 | 6,000 | ₹3,60,000 |
S-HNI (Max) | 8 | 16,000 | ₹9,60,000 |
B-HNI (Min) | 9 | 18,000 | ₹10,80,000 |
The Atharva Poly-Plast IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the trading platform.
Go to the IPO section to view active IPO listings.
Locate Atharva Poly-Plast IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 2,000 shares) at the price band of ₹55 to ₹60 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The allocation of shares in the Atharva Poly-Plast IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.
Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
QIB Shares Offered | 21,30,000 | 49.84% | 47.33% |
− Anchor Investor Shares Offered | 12,74,000 | - | 28.31% |
− QIB (Ex. Anchor) Shares Offered | 8,56,000 | - | 19.02% |
NII (HNI) Shares Offered | 6,42,000 | 15.02% | 14.27% |
− bNII > ₹10L | 4,28,000 | - | 9.51% |
− sNII < ₹10L | 2,14,000 | - | 4.76% |
Retail Shares Offered | 15,02,000 | 35.14% | 33.38% |
Firm Reservations | |||
Market Maker Shares Offered | 2,26,000 | - | 5.02% |
Total Shares Offered | 45,00,000 | 100.00% | 100.00% |
This structure reflects the allocation approach as disclosed in the issue documents, indicating the proportion of shares available to each investor category.
Total Assets: Declined from ₹32.92 crore in FY23 to ₹30.88 crore as of March 2025.
Total Income: Recorded at ₹49.06 crore in March 2025, as compared to ₹46.82 crore in FY23.
Profit After Tax (PAT): Reported at ₹5.29 crore in March 2025, and ₹0.71 crore in FY23.
Net Worth: Recorded at ₹13.01 crore in March 2025 compared to ₹5.72 crore in FY23.
Reserves & Surplus: Stood at ₹6.51 crore in March 2025, as compared to ₹-0.78 crore in FY23.
Total Borrowings: Stood at ₹7.91 crore in March 2025, as compared to ₹16.16 crore in FY23.
EBITDA: Stood at ₹9.19 crore in March 2025 in comparison to ₹4.77 crore in FY23.
The company reported a decline in total assets and an increase in income over the reviewed period.
Profitability improved during the period, supported by higher earnings from operations.
Net worth strengthened, indicating an improvement in the company's overall financial position.
The reserves and surplus position moved into positive territory, reflecting an improvement in retained earnings.
The company reduced its borrowings during the period, indicating a lower debt position.
Operating performance showed improvement, supported by higher earnings before interest, taxes, depreciation, and amortisation.
The asset base remained broadly stable over the period, reflecting continuity in business operations.
Going forward, the company's growth prospects may depend on factors such as customer demand, execution of manufacturing orders, production efficiency, capacity utilisation, and broader industry conditions.
The company's financial performance and operations may be influenced by changes in demand from industries such as furniture, home appliances, and automotive, which could affect order volumes.
Business operations depend on the availability of raw materials, manufacturing efficiency, and customer requirements. Changes in these factors or broader economic conditions may affect operational performance.
The company serves multiple industrial sectors and offers end-to-end manufacturing capabilities, including mould design, prototyping, production, assembly, and quality validation, supporting its engagement with OEMs and Tier-1 suppliers.
The proposed utilisation of IPO proceeds towards machinery purchase, working capital requirements, repayment of borrowings, and general corporate purposes is intended to support the company's operational requirements and manufacturing capabilities, subject to execution and business conditions.
Key Performance Indicator (KPI)
KPI | Jan 31, 2026 | Mar 31, 2025 |
ROE | 30.74% | 51.00% |
ROCE | 24.92% | 35.31% |
Debt/Equity | 0.57 | - |
RoNW | 26.65% | 40.63% |
PAT Margin | 11.14% | 11.12% |
EBITDA Margin | 19.71% | 19.32% |
Price to Book Value | - | 5.70 |
Registrar | Lead Manager(s) |
|---|---|
MUFG Intime India Pvt. Ltd. | Horizon Management Pvt. Ltd. |
W-163A, S Block MIDC Bhosari
Pune, Maharashtra, 411026
Phone: +91- 94220-49184
Email: info@atharvapolyplast.in
Website: https://atharvapolyplast.in/
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Atharva Poly-Plast IPO allotment status.
Atharva Poly-Plast’s Managing Director is Anujeet Darade.
The Atharva Poly-Plast IPO is scheduled to open for subscription on 30 June 2026 and close on 2 July 2026. Applications can be submitted during the subscription period through eligible ASBA or UPI-supported platforms, subject to the applicable timelines.
Atharva Poly-Plast Ltd manufactures precision plastic components for industries such as furniture, home appliances, and automotive. Its operations include injection moulding, mould design, prototyping, product assembly, and quality validation for OEMs and Tier-1 suppliers. The company's long-term business performance may depend on factors such as customer demand, operational execution, manufacturing efficiency, and industry conditions.
The IPO comprises a fresh issue of 45,00,000 equity shares, aggregating up to ₹27 crore. The shares are offered through the book-building process with a price band of ₹55 to ₹60 per share.
The pre-apply facility enables eligible investors to submit an IPO application before the issue officially opens. The application is processed once the subscription window begins, and the payment mandate must be approved within the prescribed timeline for the application to be considered valid.
The IPO has a lot size of 2,000 equity shares. As per the disclosed application structure, retail investors are required to apply for a minimum of two lots, equivalent to 4,000 shares, subject to the applicable investment amount based on the final issue price.
The tentative basis of allotment for the Atharva Poly-Plast IPO is scheduled for 3 July 2026. Following allotment, the credit of shares to eligible applicants' Demat accounts and other post-issue activities are expected to take place as per the IPO timetable.
MUFG Intime India Pvt. Ltd. has been appointed as the registrar to the Atharva Poly-Plast IPO. The registrar is responsible for processing IPO applications, finalising the basis of allotment, handling refunds where applicable, and facilitating the credit of allotted shares to investors' Demat accounts.
No governance concerns or red flags have been indicated in the information provided. Applicants may review the company's prospectus for detailed disclosures related to its board, compliance practices, and management structure.
Eligible investors can apply through the ASBA facility provided by their bank or through the UPI-based IPO application process available on eligible trading platforms. The application involves selecting the IPO, entering the bid quantity and price, providing a valid UPI ID where applicable, approving the payment mandate within the prescribed time, and submitting the application.
Yes. A valid Demat account is required to receive any shares allotted through the IPO. Applicants should also have a PAN, an eligible bank account, and access to either the ASBA or UPI application facility to complete the application process.
After the basis of allotment is finalised, investors can check their allotment status through the registrar's website or the relevant stock exchange portal using details such as their application number, PAN, or Demat account number. If shares are allotted, they will be credited to the investor's Demat account as per the IPO schedule.
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