Atharva Polyplast SME IPO Review | APPLY or AVOID?
Atharva Polyplast Ltd. started in 2023. It operates in the Plastic And Polymer industry and provides precision plastic items to its customers across India. This business is based in Pune. This IPO review covers the main facts of the offer. It helps you decide if the issue fits your portfolio.Official expert review reports are not fully out yet.
✅ Strengths
⚠️ Challenges
Financial Update
The company released its restated financial statements for the period ending January 31, 2026. Total revenue was ₹43.90 crore decreased from ₹49.06 in previous year. The net profit for the same period was ₹4.73 crore decreased from ₹5.29 in previous year. Assets increased by 37.76% compared to the previous year. Updated review will be available soon.
IPO Valuation
The upper price band is ₹60. This price leads to a Price-to-Earnings (P/E) ratio of 17.83. The average P/E for the industry is –. Updated review will be available soon.
IPO Objective
Company will use Offer proceeds to meet stated objectives:
- Capital Expenditure
- Company Borrowings
- Working capital requirements
Promoters & Lead Manager
Peer Comparison
Below is the comparison of the company with its listed peers using data from March 31, 2025. Updated review will be available soon.
| Company Name | EPS (Basic) | NAV (₹ per share) | EPS (Diluted) | P/BV Ratio | P/E (x) | RoNW (%) |
|---|---|---|---|---|---|---|
| Atharva Polyplast Ltd. | 4.28 | 10.53 | 4.28 | 40.63 | ||
| Master Components Ltd | 16.23 | 73.73 | 16.23 | 4.79 | 39.16 | 22.01 |
Financial data sourced from annual reports and stock exchange data, using restated financial statements for 2024-25. NAV per share (closing net worth divided by weighted average number of paid-up equity shares) and RoNW (net profit after tax divided by closing net worth).
IPO Review & Analyst Rating
Updated review will be available soon.
| Analyst Name | Recommendation |
|---|---|
| – | – |
| – | – |
| – | – |
Disclaimer: The information on the site is informational only. The contents of this blog are not financial advice. You should not invest in any stock market instrument without consulting your Financial advisor.
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