Aradhya Disposal Industries Limited is engaged in manufacturing and exporting a wide range of paper-based solutions. Established in 2014 and headquartered in Dewas, Madhya Pradesh, the company has built a reputation for quality, customization, and innovation over more than a decade of operations.
Aaradhya offers an extensive range of paper products designed for performance, versatility, and sustainability. Its product line mainly includes:
- Paper cup blanks: PE coated, PLA coated, and barrier coated for various applications in foodservice and beverage industries.
- Food-grade specialty papers: Greaseproof Paper, Greaseproof 4K Paper, Slip Easy Paper, Wet Strength Greaseproof, OGR (Oil & Grease Resistant) Paper, Vegetable Parchment Paper, and Titanium Dioxide (TDL) Poster Paper.
The company specializes in customized solutions tailored to the unique requirements of its clients — whether in retail packaging, foodservice, or commercial printing. Aaradhya’s commitment to quality and sustainability positions its products as a trusted choice in both domestic and international markets.
Aaradhya operates through two manufacturing plants in Dewas, Madhya Pradesh, covering a combined area of around 55,151 square feet and an installed production capacity of 12,000 metric tonnes per annum. These facilities enable the company to maintain consistent product quality while meeting diverse customer demands.
In addition to its strong presence in the Indian market, Aaradhya Disposal Industries exports its products to Asia and the Middle East, leveraging a robust distribution network. Its central India location ensures efficient logistics and timely deliveries, enhancing customer satisfaction across geographies.
As of November 25, 2024, the company employed 33 permanent staff members, driving its growth through expertise, commitment, and focus on sustainability.
Aaradhya Disposal IPO – Details
| IPO Opening Date | 04 August 2025 |
| IPO Closing Date | 06 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 38,88,000 Shares Worth ₹45.10 Crore Fresh Issue: 38,88,000 Shares Worth ₹45.10 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹110 – ₹116 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 5% |
| NII (HNI) Shares Offered | 47.50% |
| Retail Shares Offered | 47.50% |
Aaradhya Disposal IPO – Date Schedule
| IPO Open Date | 04 August 2025 |
| IPO Close Date | 06 August 2025 |
| Basis of Allotment | 07 August 2025 |
| Initiation of Refund | 08 August 2025 |
| Credit of Shares to Demat | 08 August 2025 |
| IPO Listing Date | 11 August 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 06, 2025 |
Aaradhya Disposal IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,78,400 |
| Retail (Max) | 2 | 2,400 | ₹2,78,400 |
| S-HNI (Min) | 3 | 3,600 | ₹4,17,600 |
| S-HNI (Max) | 7 | 8,400 | ₹9,74,400 |
| B-HNI (Min) | 8 | 9,600 | ₹11,13,600 |
Competitive Strengths
- Advanced Technology Machineries.
- Biodegradable and Environment-Friendly Products.
- Provides a diverse product portfolio to meet customer needs.
- Sell directly to customers, eliminating intermediaries.
- Deliver products of the highest quality.
Company Promoters
- Mr. Sunil Maheshwari
- Mr. Anil Maheshwari
- Mrs. Shashi Maheshwari.
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹86.51 Cr | ₹83.92 Cr | ₹2.14 Cr | ₹39.66 Cr |
| 31 March 2024 | ₹75.91 Cr | ₹69.69 Cr | ₹3.98 Cr | ₹45.20 Cr |
| 31 March 2025 | ₹115.95 Cr | ₹101.06 Cr | ₹10.27 Cr | ₹39.75 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 44.53% |
| ROCE | 25.15% |
| Debt/Equity | 1.35 |
| RoNW | 34.87 |
| PAT Margin | 9.04% |
| EBITDA Margin | 15.69% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | – | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Working Capital Requirement. | ₹20.00 |
| To fund the expansion plan of the Company, i.e., Capital expenditure towards the purchase of Plant and Machinery and Civil Work. | ₹15.86 |
| Prepayment of term loans to banks. | ₹1.60 |
| General Corporate Purposes. |
✅Strengths
- Diverse & eco-friendly paper products.
- Custom solutions for foodservice & packaging.
- Export presence in Asia & Middle East.
- Strategically located plants in central India.
- Growing revenue & profit.
⚠️Risks
- Fluctuating raw material prices.
- High competition.
- Significant borrowings.
- Dependence on key customers.
- Strict environmental regulations.
Aaradhya Disposal IPO Promoter Holding
| Pre Issue Share Holding | 97.36% |
| Post Issue Share Holding | 70.58% |
Aaradhya Disposal IPO Prospectus
Company Contact Information
| Aaradhya Disposal Industries Ltd. Plot E-1, Industrial Area No-1 A.B. Road Dewas, Madhya Pradesh, 455001 Phone: +91-7880132743 Email: cs@aaradhyadisposalindustriesltd.in Website: https://www.aaradhyadisposalindustriesltd.in/ |
Aaradhya Disposal IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Aaradhya Disposal IPO Lead Manager(s)
| 1. Khambatta Securities Limited |
Aaradhya Disposal IPO FAQ
| What is Aaradhya Disposal IPO? Aaradhya Disposal IPO is an SME IPO. The issue is priced at ₹110 to ₹116 per equity share. The IPO is to be listed on NSE SME. |
| When Aaradhya Disposal IPO will open? The IPO is to open on 04 August 2025 for QIB, NII, and Retail Investors. |
| What is Aaradhya Disposal IPO Investors Portion? The investors’ portion for QIB – 5%, NII – 47.50%, and Retail – 47.50%. |
| How to Apply the Aaradhya Disposal IPO? You can apply Aaradhya Disposal IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Aaradhya Disposal IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Aaradhya Disposal IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Aaradhya Disposal IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Aaradhya Disposal IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Aaradhya Disposal IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Aaradhya Disposal IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Aaradhya Disposal IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Aaradhya Disposal IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is the Aaradhya Disposal IPO Size? Aaradhya Disposal IPO size is ₹45.10 Crore. |
| What is the Aaradhya Disposal IPO Price Band? Aaradhya Disposal IPO Price Band is ₹110 to ₹116. |
| What is Aaradhya Disposal IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2400 Shares with ₹2,78,400 amount, while the maximum bid is 2400 Shares with ₹2,78,400. |
| What is the Aaradhya Disposal IPO Allotment Date? Aaradhya Disposal IPO allotment date is 07 August 2025. |
| What is the Aaradhya Disposal IPO Listing Date? Aaradhya Disposal IPO listing date is 11 August 2025. The IPO is to be listed on the NSE SME. |
