Archive · 23 Jan 2026
Aritas Vinyl SME IPO lists flat
Aritas Vinyl, a company that makes special fabrics like fake leather, had its first sale of shares on the stock market.
The shares started at the same price they were sold for, but then dropped by 5% to ₹44.65.
The company wants to use the money from the shares to help with its daily work and other business needs.
They made ₹98 crore last year and a profit of ₹4.10 crore.
In the first five months of this year, they made a profit of ₹2.40 crore.
The shares were sold to the public from January 16 to January 20, and the results were announced on January 21.
Aritas Vinyl SME IPO listed on BSE SME at ₹47 per share, then hit 5% lower circuit at ₹44.65.
IPO opened for subscription on January 16 and concluded on January 20 with a price band of ₹47 per share.
Net proceeds from the IPO will be used for working capital and general corporate purposes.
Aritas Vinyl reported FY25 revenue of ₹98 crore and profit after tax of ₹4.10 crore.
Company recorded a profit of ₹2.40 crore for the five months ending in August 2025.
- Who
- Aritas Vinyl, a producer of technical textiles
- What
- SME IPO listing on BSE SME
- When
- January 23, 2025
- Where
- BSE SME
- Why
- To meet working capital requirements and general corporate purposes
- Company
- Aritas Vinyl
- IPO Issue Price
- ₹47 per share
- Listing Price
- ₹44.65 per share
- IPO Subscription Dates
- January 16-20
- Listing Date
- January 23
- FY25 Revenue
- ₹98 crore
- FY25 Profit After Tax
- ₹4.10 crore
- 5-Month Profit (Aug 2025)
- ₹2.40 crore