Atharva Polyplast IPO Day 3: Subscription Reaches 3.01x As SME Issue Remains Open Till 5 PM Today 

Mumbai, July 2: The Atharva Polyplast IPO entered its final day of bidding on Thursday with investor interest continuing to build across investor categories. As of 10:49 AM, the ₹27 crore BSE SME issue had been subscribed 3.01 times, driven by healthy demand from retail investors, non-institutional investors (NIIs) and qualified institutional buyers (QIBs). The public issue will remain open for subscription until 5 PM today, and the final subscription figures will be available after market hours. 

The issue has witnessed steady buying interest since opening on June 30. While the retail portion maintained solid momentum throughout the offer period, NII participation strengthened further on the final day. Institutional investors also crossed the fully subscribed mark, lending additional support to the overall book. 

Atharva Polyplast IPO is entirely a fresh issue of 45 lakh equity shares aggregating ₹27 crore. The company has fixed the price band at ₹55 to ₹60 per share, with the issue price at ₹60 per share. 

Atharva Polyplast IPO Subscription Status Day 3 (As Of 10:49 AM) 

According to the latest exchange data, the IPO has been subscribed: 

• Overall: 3.01x  
• Retail Investors: 3.60x  
• NII: 4.07x  
• bNII: 4.04x  
• sNII: 4.12x  
• QIB (Ex-Anchor): 1.18x  
• Total Applications: 1,593  

The NII category continues to lead the subscription chart, while retail participation has comfortably crossed the three-times mark. QIB demand also remained above one time during the final trading session, reflecting balanced interest across investor categories. 

Day-Wise Subscription Trend 

Subscription demand has improved steadily over the three-day bidding window. 

The retail category has recorded consistent improvement each day, while NII subscriptions accelerated sharply during the final session. QIB participation moved above the fully subscribed mark on Day 2 and has remained steady since then. 

IPO Details 

• Issue Size: ₹27 crore  
• Fresh Issue: 45,00,000 equity shares  
• Offer For Sale: Nil  
• Price Band: ₹55 to ₹60 per share  
• Issue Price: ₹60 per share  
• Lot Size: 2,000 shares  
• Minimum Retail Investment: ₹2,40,000 (4,000 shares)  
• Listing Exchange: BSE SME  

Key Dates 

• IPO Opens: June 30, 2026  
• IPO Closes: July 2, 2026 (Today, 5 PM)  
• Tentative Allotment: July 3, 2026  
• Refund Initiation: July 6, 2026  
• Shares Credited To Demat Accounts: July 6, 2026  
• Tentative Listing: July 7, 2026  

About Atharva Polyplast 

Atharva Polyplast Limited manufactures and supplies plastic products catering to industrial and commercial applications. The company operates in the polymer processing segment and serves customers across multiple end-use industries through its manufacturing capabilities. 

Conclusion 

With Atharva Polyplast IPO still open for subscription until 5 PM today, investors have the remaining trading session to submit or revise their bids. As of the latest update, the issue has been subscribed 3.01 times, supported by strong demand from retail and NII investors and steady institutional participation. The final subscription numbers will be announced after the bidding window closes, while the basis of allotment is expected on July 3, followed by the proposed BSE SME listing on July 7.
 Source: 

• https://www.chittorgarh.net/reports/anchor-investor/atharva-polyplast_anchor_intimation_letterf349e5fa-62f6-4bf3-9f24-b94844526f37.pdf