Atharva Poly-Plast Limited is engaged in the manufacturing of plastic injection moulded components and sub-assemblies, primarily catering to industries such as furniture, home appliances, automotive, and other engineering sectors.
The company specializes in producing precision plastic components using advanced injection moulding technology, manufacturing products as per customer specifications and industrial requirements for OEMs and business clients.
The company primarily operates on a B2B business model, providing end-to-end solutions that include product development, mould design support, manufacturing, assembly, and quality assurance, helping customers streamline their production requirements.
Its manufacturing facility is located in Satara, Maharashtra, equipped with modern machinery and production infrastructure to handle large-scale manufacturing operations efficiently.
The company has obtained key certifications including ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management systems, and ISO 45001:2018 for occupational health and safety management systems.
Atharva Poly-Plast focuses on precision manufacturing, customized industrial solutions, operational efficiency, and long-term client relationships, helping it build a strong position in India’s plastic component manufacturing sector.
Atharva Polyplast IPO – Details
| IPO Opening Date | 30 June 2026 |
| IPO Closing Date | 02 July 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 45,00,000 Shares Worth ₹27.00 Crore Fresh Issue: 45,00,000 Shares Worth ₹27.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55 – ₹60 per share |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | MUFG Intime India Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Atharva Polyplast IPO – Date Schedule
| IPO Open Date | 30 June 2026 |
| IPO Close Date | 02 July 2026 |
| Basis of Allotment | 03 July 2026 |
| Initiation of Refund | 06 July 2026 |
| Credit of Shares to Demat | 06 July 2026 |
| IPO Listing Date | 07 July 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 02, 2026 |
Atharva Polyplast IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4000 | ₹2,40,000 |
| Retail (Max) | 2 | 4000 | ₹2,40,000 |
| S-HNI (Min) | 3 | 6000 | ₹3,60,000 |
| S-HNI (Max) | 8 | 16000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 18000 | ₹10,80,000 |
Competitive Strength
- Strong relationships with established customer bas.
- Experienced Promoters and Management.
- comprehensive range of plastic components product spectrum.
- Sustainable and Responsible Manufacturing.
- Diversified Geographical Region.
Company Promoters
- Anujit Shivaji Darade
- Shivaji Kisan Darade
- Ashish Shivaji Darade
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹46.82 Cr | ₹46.02 Cr | ₹0.71 Cr | ₹16.16 Cr |
| 31 March 2024 | ₹43.09 Cr | ₹40.48 Cr | ₹2.00 Cr | ₹13.59 Cr |
| 31 March 2025 | ₹49.06 Cr | ₹42.51 Cr | ₹5.29 Cr | ₹7.91 Cr |
| 31 January 2026 | ₹43.90 Cr | ₹37.96 Cr | ₹4.73 Cr | ₹10.04 Cr |
Key Performance Indicator
| KPI | Values (Jan 31, 2026) |
|---|---|
| ROE | 30.74% |
| ROCE | 24.92% |
| Debt/Equity | 0.57 |
| RoNW | 26.65% |
| PAT Margin | 11.14% |
| EBITDA Margin | 19.71% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.28 | 3.37 |
| P/E (x) | 14.02 | 17.83 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding Capital Expenditure of the Company. | ₹3.00 |
| Repayment and/or pre-payment, in full or part, of borrowing availed by the Company. | ₹3.00 |
| Funding working capital requirements of the Company. | ₹13.00 |
| General Corporate Purpose. | – |
✅Strengths
- Strong presence in plastic injection moulding business.
- Serves diversified sectors like automotive, furniture & appliances.
- Holds ISO 9001, 14001 & 45001 certifications.
⚠️Risks
- Dependence on limited key customers.
- Vulnerable to raw material price fluctuations.
- Demand slowdown in client industries can impact growth.
Atharva Polyplast IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.29% |
Atharva Polyplast IPO Prospectus
Company Contact Information
| Atharva Polyplast Limited W-163A, S Block MIDC Bhosari, Pune, Maharashtra, 411026 Phone: +91- 94220-49184 Email: info@atharvapolyplast.in Website: https://atharvapolyplast.in/ |
Atharva Polyplast IPO Registrar
| MUFG Intime India Pvt. Ltd. Phone: +91-22-4918 6270 Email: atharvapolyplast.smeipo@in.mpms.mufg.com Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html |
Atharva Polyplast IPO Lead Manager(s)
| 1. Horizon Management Pvt.Ltd. |
Atharva Polyplast IPO FAQ
| What is the Atharva Polyplast IPO? Atharva Polyplast IPO is an SME IPO. The issue is priced at ₹55 – ₹60 per equity share. The IPO is to be listed on BSE SME. |
| When will Atharva Polyplast IPO open? The IPO is to open on 30 June 2026 for QIB, NII and Retail Investors. |
| What is Atharva Polyplast IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Atharva Polyplast IPO Size? Atharva Polyplast IPO size is ₹27.00 Crore. |
| What are the Atharva Polyplast IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 4000 Shares for ₹2,40,000, while the maximum bid is 4000 Shares for ₹2,40,000. |
| What is the Atharva Polyplast IPO Allotment Date? Atharva Polyplast IPO allotment date is 03 July 2026. |
| What is the Atharva Polyplast IPO Listing Date? Atharva Polyplast IPO listing date is 07 July 2026. The IPO is to be listed on the BSE SME. |
