
Materials & Manufacturing · BSE
Incorporated in 2020, Aritas Vinyl Private Limited is engaged in the manufacturing and trading of technical textiles such as artificial leather, also known as PU synthetic leather and PVC-coated leather, using advanced transfer coating technology. The company produces artificial leather, PVC vinyl, and related products catering to industries including automotive, fashion, and interior design, supplying to distributors, wholesalers, manufacturers, and exporting to markets such as Greece, Oman, UAE, Sri Lanka, USA, and SEZs while promoting synthetic alternatives to animal leather. Its manufacturing facility located at Kubadthal, Ahmedabad spans 6,067 square meters with an annual production capacity of 7.8 million square meters, enabling efficient fulfillment of diverse customer requirements across automotive upholstery, fashion accessories, and interior design applications.
Price Band
₹40 – ₹47
Issue Size
₹37.52 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹47
at current GMP
Subscribed
2.27x
overall
Open
16 Jan 2026
Close
20 Jan 2026
Allotment
21 Jan 2026
Refund
22 Jan 2026
Demat Credit
23 Jan 2026
Listing
23 Jan 2026
Overall Subscription
2.27x
Total Demand
QIB Multiplier
1.00x
Institutions & Funds
NII / HNI
1.37x
High Net-Worth
Retail (RII)
2.88x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 78,000 | 78,000 | 1.00x |
| NIB | 2,991,000 | 4,104,000 | 1.37x |
| HNIs(10L +) | 1,995,000 | 2,961,000 | 1.48x |
| HNIs (2-10L) | 996,000 | 1,143,000 | 1.15x |
| RETAIL | 4,512,000 | 12,990,000 | 2.88x |
| Total | 10,572,000 | 21,276,000 | 2.27x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 1 | 0.00x |
| NIB | — | 120 | 0.00x |
| RETAIL | 752 | 2,165 | 2.88x |
| HNIs(10L +) | 222 | 14 | 0.06x |
| HNIs (2-10L) | 111 | 106 | 0.95x |
| Total Applications | 1,085 | 2,406 | 2.22x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Aritas Vinyl Limited is bringing an initial public offering (IPO) in the Materials & Manufacturing sector with an aggregate issue size of ₹37.52 Crores. The shares are offered at a price band of ₹40 to ₹47 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,41,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-01-23, while un-allotted funds or UPI block mandates will be released on 2026-01-22.
Currently, Aritas Vinyl Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹40 to ₹47 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,41,000. Expected listing price is ₹47 per equity share.
The Aritas Vinyl Limited IPO aggregate issue size is ₹37.52 Crores with an equity price band set at ₹40 to ₹47 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,41,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.27x (Retail: 2.88x, QIB: 1.00x, NII: 1.37x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-01-21. Investors can verify status using PAN card or application number.
Aritas Vinyl Limited shares are scheduled to list on BSE on 2026-01-23.