Aritas Vinyl IPO Subscribed 0.47x on Day 1

Aritas Vinyl IPO subscription started on Friday, January 16, 2025, and will close on January 20, 2026, as per the schedule. The price band is set at ₹40 to ₹47 per share with a face value of ₹10.

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Aritas Vinyl IPO Subscription Status

The Aritas Vinyl IPO was subscribed over 0.47 times on its First day, up to 5:00 PM on January 16, 2026. 

  • Aritas Vinyl IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 0.80x times, and RII investors subscribed 0.26x times.
  • The company has received bids for 35,49,000 shares against 75,81,000 shares on offer on the First day. 
  • Aritas Vinyl IPO was subscribed over 0.47x times on day 1.

About the Aritas Vinyl IPO

Aritas Vinyl Private Limited, founded in 2020, is one of the leading companies involved in the manufacturing of technical textiles. The company utilizes the latest technology, known as Transfer Coating Technology, to produce artificial leather, also referred to as PU Synthetic leather, and PVC-coated leather. Aritas Vinyl manufactures Artificial leather to cater to the automotive, fashion, and interior design industries. 

Unlike firms that produce animal leathers, Aritas has been known to offer synthetic leather, following the sustainable and environmentally friendly approach. Its product portfolio consists of Automotive upholstery, material used to cover vehicle interiors, fashion accessories like bags, wallets, laptop sleeves, and purses, and interior design for wall coverings and furniture. The company sells its products through distributors, wholesalers, manufacturers, and supplies to foreign countries like Greece, Oman, the UAE, Sri Lanka, the USA, and SEZs as well.

Aritas Vinyl IPO GMP

Aritas Vinyl IPO GMP was ₹8 as of Friday, 16th January. That indicates the IPO is trading at ₹55 with a ₹8 premium in the grey market against the issue price of ₹47.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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