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15 Days Price Change

Aritas Vinyl IPO

Closing In

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Profile
Issue Size 37.52 Cr
Profile
Price Range 40  to  47 per share
Profile
Min Investment ₹47
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Our Company is engaged in manufacturing of technical textile, such as ?Artificial leather? also known as PU Synthetic leather and PVC-coated leather, using the latest technology known as Transfer Coating Technology. Read More

Basic Info

Face Value 10 per share

Price 40  to  47 per share

P/E (x) 3.6

Sales( Cr.) 98

PAT( Cr.) 4

EPS 13.1

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Anilkumar Prakashchandra Agrawal Sanjaykumar Kantilal Patel Shubham Sunilbhai Agrawal Ankit Anilbhai Agrawal Mohit Ashokkumar Agrawal Rohit Dineshbhai Agrawal Rutvik Patel

Pre Issue Share Holding 47.22%

Post Issue Share Holding 27.99%

Listing Details:

Listing Price: 47

Listing Gain: 0%

Current Price: 14.5

Gain On Issue: 14.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 16, 2026
Closing Date Jan 20, 2026
Allotment Jan 21, 2026
Refund Jan 22, 2026
Delivery of Shares Jan 22, 2026
Listing Date Jan 23, 2026

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 6000 282,000
Retail (Max) -- -- --
S-HNI (Min) 1 6000 282,000
S-HNI (Max) 3 18000 846,000
B-HNI (Min) 4 24000 1,128,000

Objective of the Issue

1. Capital Expenditure for solar power project.2. Working Capital3. General Corporate Purpose,

Issue

Category Nos Bid Bid (x)
QIB 78000 78000 1x
NII 3393000 4104000 1.2x
Retail 4512000 12990000 2.9x
EMP 0 0 0x
Total 7983000 17172000 2.2x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Aritas Vinyl Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 30 51 69 98
Other Income 0 0 0 0
Total Income 30 51 69 98
Total Expenditure 28 48 64 89
Operating Profit 2 3 5 9
Interest 1 1 2 3
Depreciation 1 1 1 1
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 1 1 2 5
Provision for Tax 0 0 0 1
Profit After Tax 1 1 2 4
Adjustments 0 0 0 0
Profit After Adjustments 1 1 2 4
Adjusted Earnings Per Share 1.3 1.5 2.6 3.3

Aritas Vinyl Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3 4 6 20
Minority's Interest 0 0 0 0
Borrowings 15 22 29 11
Other Non-Current Liabilities 2 3 2 3
Total Current Liabilities 17 29 38 61
Total Liabilities 37 58 76 95
Fixed Assets 10 10 18 18
Other Non-Current Assets 0 0 0 0
Total Current Assets 25 47 58 77
Total Assets 37 58 76 95

Aritas Vinyl Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 1
Cash Flow from Operating Activities -8 -8 -9 9
Cash Flow from Investing Activities -2 -1 -8 -1
Cash Flow from Financing Activities 10 9 18 -8
Net Cash Inflow / Outflow 0 0 0 -0
Closing Cash & Cash Equivalent 0 1 1 1

Aritas Vinyl Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.27 1.53 2.56 3.26
CEPS(Rs) 2.19 2.57 3.76 4.24
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 3.84 5.69 8.57 15.97
Core EBITDA Margin(%) 7.72 5.89 6.29 8.69
EBIT Margin(%) 5.83 5.04 5.83 7.77
Pre Tax Margin(%) 3.31 2.39 2.94 5.18
PAT Margin (%) 2.71 1.94 2.42 4.23
Cash Profit Margin (%) 4.68 3.26 3.56 5.51
ROA(%) 2.24 2.1 2.48 4.82
ROE(%) 33.05 32.14 35.93 31.99
ROCE(%) 6.97 8.28 8.43 13.14
Receivable days 84 72.34 70.81 74.85
Inventory Days 173.6 148.79 164.46 148.43
Payable days 142.01 118.58 107.28 110
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.83 0.69 0.79 0.5
EV/Core EBITDA(x) 10.65 10.78 11.36 5.54
Net Sales Growth(%) 0 67.96 34.38 42.01
EBIT Growth(%) 0 45.21 55.47 89.23
PAT Growth(%) 0 20.7 67.35 148.2
EPS Growth(%) 0 20.7 67.35 27.14
Debt/Equity(x) 9.21 8.95 9.48 1.82
Current Ratio(x) 1.5 1.6 1.51 1.26
Quick Ratio(x) 0.64 0.67 0.6 0.53
Interest Cover(x) 2.31 1.9 2.02 3
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 42% 48% 0% 0%
Operating Profit CAGR 80% 65% 0% 0%
PAT CAGR 100% 59% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 32% 33% 33% 33%
ROCE Average 13% 10% 9% 9%

Company Contact Information

Aritas Vinyl Ltd.

Shikha Makhija

9998852850

info@aritasvinyl.com

Survey No. 1134 Near Elegant Vinyl Private Limited Daskroi

IPO Lead Manager(s)

Aritas Vinyl Ltd.

Interactive Financial Services Ltd.

Registrar Info

Aritas Vinyl Ltd.

Bigshare Services Pvt Ltd

Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093 (old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059 Tel: + 91 21 626 38200 Fax:

91-022-62638200

91-022-62638299

Investor@bigshareonline.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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