Aritas Vinyl Limited IPO Opens Today; Price Band Set at ₹40 to ₹47 Per Share

Mumbai, 16 January 2026: The ₹37.52 crores book build issue of Aritas Vinyl Limited IPO opens for subscription status today, 16 January 2026, and will remain open until 20 January 2026. The issue is a combination of fresh issue of 0.70 crore shares and offer for sale of 0.10 crore shares aggregating to ₹4.63 crores.

Aritas Vinyl Limited, established in the year 2020, is a manufacturer of technical textiles such as artificial leather, also known as PU ͏Synthetic leather and PVC coated leather. The company caters to a wide range of industries, including automotive, fashion, and interior Design. They supply products to distributors, wholesalers and manufacturers, and also exports to countries like Greece, Oman, Sri Lanka, USA, and S͏EZs.

Price Band Fixed at ͏₹40 to ₹47 Per Share; Lot Size 3000 Shares

Aritas Vinyl IPO is a book build issue of ₹37.52 crores. The issue is a combination of fresh issue of 0.70 crore shares aggregating to ₹32.89 crores and offer for sale of 0.10 crore shares aggregating to ₹4.63 crores.

The IPO opens for subscription status today, January 16, 2026, and closes on January 20, 2026. The allotment for the Aritas Vinyl IPO is expected to be finalised on January 21, 2026, with the shares listing on BSE SME with a tentative listing date fixed as January 23, 2026.

Aritas Vinyl IPO price band is set at ₹40 to ₹47 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹2,82,000 (6,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (9,000 shares), amounting to ₹4,23,000.

Interactive Financial Services Ltd. is the book-running lead manager, and Bigshare Services Pvt. Ltd is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt. Ltd.

Utilisation of Proceeds

The company proposes to utilise the net proceeds from the issue towards capital expenditure for a solar power project (₹4.26 crore), working capital (₹20.45 crore), and general corporate purposes.

Financials and Key Parameters

The company’s financials show steady expansion across periods. Assets increased from ₹57.95 crore as at 31 March 2023 to ₹98.25 crore as at 25 August, indicating expansion in the balance sheet. Total͏ income was at ₹98.02 crore in March 2025, while profit after tax (PAT) imp͏roved overall to ₹2.42 crore by 25 August 2025. ͏EBITDA was similar. The net worth and reserves increased consistently from ₹4.32 crore in March 2023 to ₹5.99 crore in March 2024, ₹20.27 crore in March 2025. This was despite fluctuating borrowings, indicating improved financials and operational resilience, recent years with healthier margins and moderate leverage levels.

References : https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=4410&type=IPO&idtype=1&status=L&IPONo=7552&startdt=16/Jan/2026

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