Atharva Poly-Plast
LISTEDIPO Date: 30 Jun - 2 Jul 2026
Listing Date: 7 Jul 2026
Price Range
Rs.55 - Rs.60
Issue Size
27 Cr
Min Investment
₹2,20,000
2 lots minimum (SEBI rule for SME)
Min Application
4000 Shares
2000 per lot × 2
Schedule of Atharva Poly-Plast
Issue open date
30 Jun 2026
Issue close date
2 Jul 2026
UPI mandate deadline
2 Jul 2026 (5 PM)
Allotment finalization
3 Jul 2026
Share credit
6 Jul 2026
Listing date
7 Jul 2026
Mandate end date
17 Jul 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 27 Cr |
| Fresh Issue | 27 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 3 Jul 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 6 Jul 2026Latest | ₹60 | ₹5 | ₹65(+8.33%) |
| 4 Jul 2026 | ₹60 | ₹6 | ₹66(+9.17%) |
| 3 Jul 2026 | ₹60 | ₹3 | ₹63(+4.17%) |
| 2 Jul 2026 | ₹60 | ₹1 | ₹61(+1.67%) |
| 1 Jul 2026 | ₹60 | ₹6 | ₹66(+10%) |
| 29 Jun 2026 | ₹60 | ₹8 | ₹68(+13.33%) |
| 28 Jun 2026 | ₹60 | ₹8 | ₹68(+13.33%) |
| 27 Jun 2026 | ₹60 | ₹7 | ₹67(+11.67%) |
| 26 Jun 2026 | ₹60 | ₹7 | ₹67(+11.67%) |
| 25 Jun 2026 | ₹60 | ₹9 | ₹69(+15%) |
| 24 Jun 2026 | ₹60 | ₹10 | ₹70(+16.67%) |
| 23 Jun 2026 | ₹60 | ₹10 | ₹70(+16.67%) |
| 22 Jun 2026 | ₹60 | ₹0 | ₹60(0%) |
| 21 Jun 2026 | ₹60 | ₹0 | ₹60(0%) |
| 20 Jun 2026 | ₹60 | ₹0 | ₹60(0%) |
| 19 Jun 2026 | ₹60 | ₹0 | ₹60(0%) |
| 18 Jun 2026 | ₹60 | ₹0 | ₹60(0%) |
Performance Atharva Poly-Plast
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.55 - Rs.60 | ₹ 69 (15%) | ₹ 109.48 | 82.47% |
About Atharva Poly-Plast
Atharva Polyplast is a manufacturer of precision plastic components used in industries such as furniture, home appliances, and automotive assemblies. The company primarily manufactures injection-molded components using polypropylene (PP), ABS, HDPE, and engineering polymers. It undertakes both contract manufacturing and co-development projects, offering support from mold design and prototyping to production and quality validation. Its manufacturing facility, commissioned in 2015, spans 234,614 sq. ft., including 40,000 sq. ft. of production space, and houses over 17 molding machines with capacities ranging from 100T to 1,000T. The company maintains an in-house quality control system and holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. It is led by promoters and directors with experience in plastic product manufacturing and business operations. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Funding capital expenditure of the company – Rs 3.00 crore Repayment and/or pre-payment, in full or part, of borrowing availed by the company – Rs 3.00 crore Funding the working capital requirements of the company – Rs 13.00 crore General corporate purposes
| Founded in | 2014 |
| Managing director | Mr Anujit Shivaji Darade |
| Parent organization |
Financial Overview
Strengths
5- 1
The company offers end-to-end manufacturing solutions through both OEM and ODM business models.
- 2
It specialises in manufacturing plastic components using advanced injection moulding techniques.
- 3
Its products serve multiple industries, including automotive, electrical appliances, plastic processing and rubber moulding.
- 4
The company has expanded into international markets and has begun exporting to North America.
- 5
It holds ISO 9001, ISO 14001 and ISO 45001 certifications for quality, environmental and safety management systems.
Risks
5- 1
The company has pending civil litigation seeking recovery of dues and interest.
- 2
A required registration under the Maharashtra Shops and Establishments Act is pending.
- 3
The company does not have any registered trademark as of the date of the RHP.
- 4
Several licenses and approvals are still being updated to reflect the company’s new public company name.
- 5
The registered office operates from a leased property, creating dependence on lease continuity.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 3.58 |
| Non-Institutional Investors (NIIs) | 18.97 |
| Retail Individual Investors (RIIs) | 11.3 |
| Employee | N/A |
| Total | 10.74 |