Aritas Vinyl came to market through an SME IPO that opened on 16 January 2026 and closed on 20 January 2026, and the shares listed on 23 January 2026 on BSE SME. The price band was ₹40 to ₹47 per share and one lot was 3000 shares, so the minimum application was ₹1,41,000. The issue size was ₹37.52 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
Bigshare Services Pvt.Ltd was the registrar to the issue, and Interactive Financial Services Ltd was the lead manager.
As of 20 January 2026.
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Incorporated in the year 2020, Aritas Vinyl Private Limited is a manufacturing and trading concern in the production of technical textile, named Artificial leather also known as PU Synthetic leather, and PVC Coated leather, done through the latest technology named Transfer Coating Technology.The company deals in the manufacture of artificial leather, PVC vinyl, and other associated products for different industries. These industries include the automotive, fashion, and interior design industries.
The company caters to the requirements of the distributors, wholesalers, and manufacturers, as well as exports the products to other nations such as Greece, Oman, UAE, Sri Lanka, USA, and SEZs, which promotes the use of synthetic leather instead of real leather.The manufacturing unit is situated at Kubadthal, and the Ahmedabad unit has an operational area of 6,067 sq. meters with an installed capacity of 7.8 million square meters per annum. Products: Automotive Upholstery:
Polyethylene leather, PVC vinyl used for seats, door side trims, steering wheel covers, etc. Fashion Accessories:Artificial leather products like bags, wallets, laptop sleeves, and purses. Interior Design: PVC Vinyl Solution for wall treatment and furniture upholstery. Serving residential, as well as commercial, segments.
As described in the offer document.
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Mr. Anilkumar Prakashchandra Agrawal, Mr. Sanjaykumar Kantilal Patel, Mr. Ankit Anilbhai Agrawal, Mr. Mohit Ashokkumar Agrawal, Mr. Rohit Dineshbhai Agrawal, Mr. Rutvik Patel, Mr. Shubham Sunilbhai Agrawa. Promoter holding 47.22% before the issue and 27.99% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Aritas Vinyl IPO was a ₹37.52 crore book-built issue, comprising a fresh issue of ₹32.89 crore and an offer for sale of ₹4.63 crore. It was priced at ₹40–₹47 per share with a lot size of 3,000 shares; the minimum retail application was 6,000 shares (₹2,82,000). The IPO was open from January 16 to January 20, 2026 and was subscribed 2.27x. Shares listed on BSE SME on January 23, 2026 at ₹47, in line with the issue price of ₹47.
Bigshare Services Pvt. Ltd. is the registrar. Interactive Financial Services Ltd. is the book running lead manager.
The price band of Aritas Vinyl IPO is ₹40 to ₹47 per share.
The lot size of Aritas Vinyl IPO is 3000 shares.
The minimum investment for Aritas Vinyl IPO is approximately ₹2,82,000 based on the upper price band.
The allotment date of Aritas Vinyl IPO is Jan 21, 2026.
You can check Aritas Vinyl IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aritas Vinyl IPO allotment status on Rupix for quick and easy access.
₹40 to ₹47 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 3000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,41,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,41,000, for one lot of 3000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 16 January 2026 and closed on 20 January 2026.
The basis of allotment was published on 21 January 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 23 January 2026 on BSE SME.
The issue size was ₹37.52 crore. The fresh issue was 69,98,000 shares (aggregating up to ₹32.89 crore). The offer for sale was 9,84,400 shares (aggregating up to ₹4.63 crore).