Aritas Vinyl IPO Date, Review, Price, Allotment Details
Aritas Vinyl’s IPO opens on January 16, 2026, and will close on January 20, 2026. It is being launched as a Book Building issue, through which the company aims to raise approximately ₹38 crores. This includes a fresh issue of ₹33 crores and an offer for sale of up to 9,84,400 equity shares, each with a face value of ₹10.
The IPO price band has been fixed between ₹40 and ₹47 per share. The allocation will be 35% for retail investors, 50% for qualified institutional buyers (QIBs), and 15% for high-net-worth individuals (HNIs). Aritas Vinyl’s shares are expected to list on the BSE SME platform on January 23, 2026, with the IPO allotment scheduled for January 21, 2026.
Financially, the company recorded a revenue of ₹98.02 crores in 2025, up from ₹69.25 crores in 2024. Profit for 2025 stood at ₹4.13 crores, compared to ₹1.67 crores in the previous year. Considering its financial performance, IPO investors are advised to consider Aritas Vinyl for long-term investment.
Aritas Vinyl IPO Details
IPO Open Date January 16, 2026 IPO Close Date January 20, 2026 Face Value ₹10 Per Equity Share IPO Price Band ₹40 to ₹47 Per Share Issue Size Approx ₹38 Crores Fresh Issue Approx ₹33 Crores Offer for Sale: Approx 9,84,400 Equity Shares Issue Type Book Build Issue IPO Listing BSE SME DRHP Draft Prospectus 
RHP Draft Prospectus
Aritas Vinyl IPO Market Lot
The minimum market lot for the Aritas Vinyl IPO is 6,000 shares, requiring an application amount of ₹2,82,000.
Application Lot Size Shares Amount Retail Minimum 2 6,000 ₹2,82,000 Retail Maximum 2 6,000 ₹2,82,000 S-HNI Minimum 3 9,000 ₹4,23,000 S-HNI Maximum 7 21,000 ₹9,87,000 B-HNI Minimum 8 24,000 ₹11,28,000
IPO Reservation
Investor Category Share Offered -% Shares Anchor Investor – Shares -% QIB (Ex. Anchor) 78,000 Shares 0.98% NII Shares Offered 29,91,000 Shares 37.47% Retail Shares Offered 45,12,000 Shares 56.52%
Aritas Vinyl IPO Dates
The Aritas Vinyl IPO opens on January 16 and closes on January 20. The allotment will be finalized on January 21, with the shares expected to list on January 23.
IPO Open Date: January 16, 2026 IPO Close Date: January 20, 2026 Basis of Allotment: January 21, 2026 Refunds: January 22, 2026 Credit to Demat Account: January 22, 2026 IPO Listing Date: January 23, 2026 IPO Bidding Cut-off Time: January 20, 2026 – 5 PM
Promoters and Holding Pattern
The promoters of Aritas Vinyl are Mr. Anilkumar Prakashchandra Agrawal, Mr. Sanjaykumar Kantilal Patel, Mr. Ankit Anilbhai Agrawal, Mr. Mohit Ashokkumar Agrawal, Mr. Rohit Dineshbhai Agrawal, Mr. Rutvik Patel, and Mr. Shubham Sunilbhai Agrawal.
Particular Shares % Share Promoter Holding Pre Issue 1,26,90,080 47.22% Promoter Holding Post Issue 1,96,88,680 27.99%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores Capital Expenditure for Solar Power Project ₹4.26 Working Capital ₹20.45 General Corporate Purpose ₹-
About Aritas Vinyl IPO
Aritas Vinyl Private Limited, established in 2020, is a leading manufacturer of technical textiles. The company employs advanced Transfer Coating Technology to produce artificial leather, also known as PU synthetic leather, and PVC-coated leather. Aritas Vinyl’s products serve a variety of industries, including automotive, fashion, and interior design.
Unlike traditional leather producers, Aritas focuses on sustainable and environmentally friendly synthetic leather. Its product range includes automotive upholstery for vehicle interiors, fashion accessories such as bags, wallets, and laptop sleeves, and interior design materials for wall coverings and furniture. The company distributes its products through wholesalers, distributors, and manufacturers and also exports to countries including Greece, Oman, the UAE, Sri Lanka, the USA, and various SEZs.
Aritas Vinyl IPO Company Financial Report
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2023 ₹51.42 ₹50.20 ₹0.99 ₹57.95 2024 ₹69.25 ₹67.22 ₹1.67 ₹76.12 2025 ₹98.02 ₹92.96 ₹4.13 ₹95.26 August 2025 ₹40.58 ₹37.60 ₹2.42 ₹98.25
Aritas Vinyl IPO Valuation – FY2025
Check Aritas Vinyl IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 31.23% ROCE: 21.99% EBITDA Margin: -% PAT Margin: -% Debt to equity ratio: 1.80 Earning Per Share (EPS): ₹13.14 (Basic) Price/Earning P/E Ratio: N/A Return on Net Worth (RoNW): 20.36% Net Asset Value (NAV): ₹15.97
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Mirza International Limited 0.93 39.71 (0.86)% 33.56 570.25 Cr. Amin Tannery Limited 0.03 58.67 2.27% 1.19 41.64 Cr.
IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd.
Company Address
Aritas Vinyl Ltd.
Survey No. 1134,
Near Elegant Vinyl Private Limited,
Daskroi,
Ahmedabad, Gujarat, 382430
Phone: 9998852850
Email: info@aritasvinyl.com
Website: https://www.aritasvinyl.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html