Atharva Polyplast IPO
Price band
₹55 – ₹60
Lot size
2000 shares
Min investment
₹1,20,000
Issue size
₹27 Cr
IPO schedule
| Open date | 30 Jun 2026 |
| Close date | 2 Jul 2026 |
| UPI mandate cut-off | 2 Jul 2026 |
| Allotment finalisation | 3 Jul 2026 |
| Refund initiation | 6 Jul 2026 |
| Shares credited to demat | 6 Jul 2026 |
| Listing date | 7 Jul 2026 |
| Mandate end date | 17 Jul 2026 |
| Anchor lock-in (50%) | 1 Aug 2026 |
| Anchor lock-in (remaining) | 30 Oct 2026 |
Grey Market Premium (GMP)
GMP is an unofficial, unregulated indicator and not a reliable predictor of listing price. Source: IPO Watch.
About Atharva Polyplast
Atharva Poly-Plast Limited is a plastic component manufacturing company that provides end-to-end solutions through both Original Equipment Manufacturing (OEM) and Original Design Manufacturing (ODM) models. The company uses advanced injection moulding processes to manufacture plastic components for customers across multiple industries. Under its OEM business, it manufactures specialised components based on customer designs and quality specifications, while its ODM business covers the entire product lifecycle, from concept and design to final production. Its product portfolio includes precision mould bases, moulding patterns and tooling components used in plastic and rubber moulding applications. These products serve sectors such as plastic processing, rubber moulding, automotive components, electrical appliances and selected fabricated metal applications. The company generates revenue primarily from the manufacture and sale of these precision-engineered products and components. It operates a manufacturing facility in Satara, Maharashtra, and focuses on delivering products that meet customer-specific requirements and quality standards.
Strengths
- The company offers end-to-end manufacturing solutions through both OEM and ODM business models.
- It specialises in manufacturing plastic components using advanced injection moulding techniques.
- Its products serve multiple industries, including automotive, electrical appliances, plastic processing and rubber moulding.
- The company has expanded into international markets and has begun exporting to North America.
- It holds ISO 9001, ISO 14001 and ISO 45001 certifications for quality, environmental and safety management systems.
Risks
- The company has pending civil litigation seeking recovery of dues and interest.
- A required registration under the Maharashtra Shops and Establishments Act is pending.
- The company does not have any registered trademark as of the date of the RHP.
- Several licenses and approvals are still in the process of being updated to reflect the company’s new public company name.
- The registered office operates from a leased property, creating dependence on lease continuity.
Use of proceeds
| Capital expenditure | ₹3 (11.11%) Cr |
| Repayment of borrowings | ₹3 (11.11%) Cr |
| Working capital | ₹13 (48.15%) Cr |
| General corporate purposes | ₹8 (29.63%) Cr |
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.