IPO Trending
ARITASSME / BSEListed
Aritas Vinyl

Incorporated in 2020, Aritas Vinyl Private Limited is engaged in the manufacturing and trading of technical textiles such as artificial leather, also known as PU synthetic leather and PVC-coated leather, using advanced transfer coating technology. The company produces artificial leather, PVC vinyl, and related products catering to industries including automotive, fashion, and interior design, supplying to distributors, wholesalers, manufacturers, and exporting to markets such as Greece, Oman, UAE, Sri Lanka, USA, and SEZs while promoting synthetic alternatives to animal leather. Its manufacturing facility located at Kubadthal, Ahmedabad spans 6,067 square meters with an annual production capacity of 7.8 million square meters, enabling efficient fulfillment of diverse customer requirements across automotive upholstery, fashion accessories, and interior design applications.

₹40 - ₹472.27x sub
Listed Price₹47.00
Listing Gain+0.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open16 Jan 2026
Close20 Jan 2026
Allotment21 Jan 2026
Listing23 Jan 2026

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB78,000 shares
0.98%
HNI29,91,000 shares
37.47%
Retail45,12,000 shares
56.52%
Market Maker4,02,000 shares
5.04%

Minimum Application Lots

Retail2 Lots (6,000 shares)
₹2,82,000
sHNI3 Lots (9,000 shares)
₹4,23,000
bHNI8 Lots (24,000 shares)
₹11,28,000

Company Promoters

Mr. Anilkumar Prakashchandra AgrawalMr. Sanjaykumar Kantilal PatelMr. Ankit Anilbhai AgrawalMr. Mohit Ashokkumar AgrawalMr. Rohit Dineshbhai AgrawalMr. Rutvik PatelMr. Shubham Sunilbhai Agrawal

Company Background

Incorporated in 2020, Aritas Vinyl Private Limited is engaged in the manufacturing and trading of technical textiles such as artificial leather, also known as PU synthetic leather and PVC-coated leather, using advanced transfer coating technology. The company produces artificial leather, PVC vinyl, and related products catering to industries including automo...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Aug-25)₹40.58 Cr
Growth-21.1%
Revenue Trend (₹ in Crores)
0.037.675.1112.7Mar-23Mar-24Mar-25Aug-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Aug-2540.582.4298.2537.78
Mar-2598.024.1395.2636.82
Mar-2469.251.6776.1252.79
Mar-2351.420.9957.9533.1

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Aug-254.5811.16%11.14%015.93
Mar-253.7731.23%21.99%14.430
Mar-241.6232.31%6.60%00

Peer Comparison & Valuation

Financial Performance

Amin Tannery Ltd

NAV/Share (₹)1.19
RONW(%)2.27
EPS (Basic) (₹)0.03

Mirza International Ltd

NAV/Share (₹)33.56
RONW(%)-0.86
EPS (Basic) (₹)0.93

Aritas Vinyl Limited

NAV/Share (₹)15.97
RONW(%)20.39
EPS (Basic) (₹)13.14

Valuation

Amin Tannery Ltd

P/E(X)58.67
CMP* (₹)1.76
Face value (₹)1.00

Mirza International Ltd

P/E(X)39.71
CMP* (₹)36.93
Face value (₹)2.00

Aritas Vinyl Limited

P/E(X)14.43
CMP* (₹)0
Face value (₹)10.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
21 Jan 2026
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
23 Jan 2026

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Aritas Vinyl. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization21 Jan 2026Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date23 Jan 2026Trading commences on exchange

How to Check Aritas Vinyl Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Aritas Vinyl from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Aritas Vinyl IPO

Complete issue overview for Aritas Vinyl (ARITAS) IPO. The issue features an equity share price band of ₹40 – ₹47 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,41,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions