Aritas Vinyl Limited, established in 2020, specializes in manufacturing and trading technical textiles, specifically Artificial Leather (PU Synthetic leather) and PVC-coated leather, produced using advanced Transfer Coating Technology. The company’s product line serves diverse sectors including automotive, fashion, and interior design.
Operating from its manufacturing facility in Kubadthal, Ahmedabad, which spans 6,067 square meters, Aritas Vinyl boasts an annual production capacity of 7.8 million square meters, enabling it to effectively meet varied client needs. The company distributes its products through a network of distributors, wholesalers, and manufacturers, and also exports to multiple international markets such as Greece, Oman, UAE, Sri Lanka, USA, and Special Economic Zones, advocating for synthetic leather as an alternative to traditional animal leather.
The Initial Public Offering (IPO) for Aritas Vinyl Limited will open for subscription on January 16, 2026, and close on January 20, 2026. This Book Built Issue aims to raise approximately ₹38 crores, comprising a fresh issue of ₹33 crores and an offer for sale of up to 9,84,400 equity shares with a face value of ₹10 each.
The IPO price band has been set between ₹40 and ₹47 per share. The allocation is structured with a retail quota of 35%, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The basis of allotment will be finalized on January 21, 2026, and the shares are scheduled to list on the BSE SME platform on January 23, 2026.
Financially, the company reported revenue of ₹98.02 crores in 2025, a significant increase from ₹69.25 crores in 2024. Its profitability also rose sharply, with a net profit of ₹4.13 crores in 2025 compared to ₹1.67 crores in the previous year.
Aritas Vinyl IPO Details
| IPO Date | January 16, 2026 to January 20, 2026 |
| Listing Date | Fri, Jan 23, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹40 to ₹47 |
| Lot Size | 3,000 Shares |
| Issue Size | Approx ₹38 Crores |
| Fresh Issue | Approx ₹33 Crores |
| Offer for Sale | Approx 9,84,400 Equity Shares |
| Issue Type | Book building IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,26,90,080 shares |
| Share Holding Post Issue | 1,96,88,680 shares |
Aritas Vinyl IPO Dates
Initial Public Offering (IPO) for Aritas Vinyl will be open for subscription from January 16, 2026 to January 20, 2026. Following the closing of the issue, the basis of allotment will be finalized on January 21, 2026, and the shares are scheduled to be listed on the BSE SME exchange on January 23, 2026.
| IPO Open Date | Fri, Jan 16, 2026 |
| IPO Close Date | Tue, Jan 20, 2026 |
| Tentative Allotment | Wed, Jan 21, 2026 |
| Refunds | Thu, Jan 22, 2026 |
| Credit of Shares to Demat | Thu, Jan 22, 2026 |
| Tentative Listing Date | Fri, Jan 23, 2026 |
Aritas Vinyl IPO Market Lot
Investors must apply for a minimum of 6,000 shares in the IPO, translating to an application amount of ₹2,82,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 6,000 | ₹2,82,000 |
| Retail Maximum | 2 | 6,000 | ₹2,82,000 |
| S-HNI Minimum | 3 | 9,000 | ₹4,23,000 |
| S-HNI Maximum | 7 | 21,000 | ₹9,87,000 |
| B-HNI Minimum | 8 | 24,000 | ₹11,28,000 |
