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News Details

23/06/2026 18:20

Atharva Poly-Plast announces launch of initial public offering

Atharva Poly-Plast Ltd. has announced public offering of 4500000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 50.00 per share. The gross proceeds of the issue are expected to be Rs 2,700.00 lakhs.

The company's initial public offer (IPO) will open on 30 June 2026 and is expected to close on 02 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 55.00-60.00 per share.

The IPO includes a fresh Issue of 4500000 Equity Shares of the Company at an price of Rs 60.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Atharva Poly-Plast Ltd. anticipates using the proceeds of the issue for .

Horizon Management Pvt. Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.