ATHARVA POLY-PLAST LIMITED

30 Jun 2026 - 02 Jul 2026 SME BSE

Min Investment

₹2,40,000.00

Price Band

₹55-₹60

Issue Size

₹19.36 Cr

Lot Size

2000 (per lot)

IPO Dates
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30 Jun 2026

Open Date

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02 Jul 2026

Close Date

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03 Jul 2026

Allotment Date

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07 Jul 2026

Listing Date

Know Before Investing

Strengths icon

  • 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.

Weaknesses icon

  • 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 being updated to reflect the company’s new public company name.
  • The registered office operates from a leased property, creating dependence on lease continuity.

About Atharva Poly-plast Limited

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.

IPO Objectives

1. Funding Capital Expenditure towards purchase of Machinery;

2. Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by our Company;

3. Funding working capital requirements of the Company; and

4. General Corporate Purposes.

Company Promoters

Anujit Shivaji Darade

Ashish Shivaji Darade

Sadhana Shivaji Darade

Shivaji Kisan Darade

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 3.58
Non-Institutional Buyers 14.29
Retail Investors 11.3
Total 29.17
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