Mumbai, Maharashtra, 25th of June 2026 : Atharva Polyplast Limited, a manufacturer of plastic components for office furniture, home appliances, automobiles, and engineering industries, is set to launch its Initial Public Offering (IPO) on June 30, 2026. The ₹27 crore issue comprises 45 lakh equity shares. The company has fixed a price band of ₹55 to ₹60 per share, and the shares will be listed on the BSE SME platform.
The proceeds from the IPO will be utilized for capital expenditure, repayment of borrowings, working capital requirements, and general corporate purposes. The anchor investor bidding will open on June 29, while the issue will close on July 2. Horizon Management Private Limited is acting as the Book Running Lead Manager for the issue.
Anujeet Darade, Managing Director of Atharva Polyplast Limited, said, “The proposed IPO marks an important milestone in our growth journey. It will strengthen our manufacturing capabilities and enable us to serve existing as well as new customers more effectively.”
Narendra Bajaj, Managing Director of Horizon Management, stated, “Atharva Polyplast has established a distinct position in the industry through its integrated manufacturing capabilities and strong customer relationships. The company is well-positioned to capitalize on future growth opportunities.” Founded in 2014, the company operates a modern manufacturing facility spread across 2.34 lakh square feet and offers a diversified portfolio of more than 300 products.
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