The Aaradhya Disposal IPO represents a boo kbuilding effort amounting to ₹45.10 crores. This issue consists entirely of a new offering of 38.88 lakh shares.
The subscription period for the Aaradhya Disposal IPO commences on August 4, 2025, and concludes on August 6, 2025. The allotment for this IPO is anticipated to be finalized on Thursday, August 7, 2025. Furthermore, the Aaradhya Disposal IPO is scheduled to be listed on the NSE SME, with a provisional listing date set for Monday, August 11, 2025.
The price band for the Aaradhya Disposal IPO is established between ₹110 and ₹116 per share. The application lot size is 1,200 shares. An individual retail investor must invest a minimum of ₹2,64,000, which corresponds to 2,400 shares. For high net worth individuals (HNIs), the minimum investment is 3 lots (3,600 shares), totaling ₹4,17,600.
Khambatta Securities Limited serves as the book-running lead manager for the Aaradhya Disposal IPO, while Bigshare Services Pvt Ltd acts as the registrar for the issue. The market maker for the Aaradhya Disposal IPO is Prabhat Financial Services Ltd..
For comprehensive details, please refer to the Aaradhya Disposal IPO RHP.
Aaradhya Disposal IPO Details
| IPO Date | August 4, 2025 to August 6, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹110 to ₹116 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 38,88,000 shares (aggregating up to ₹45.10 Cr) |
| Reserved for Market Maker | 1,94,400 shares Prabhat Financial Services Ltd. |
| Net Offered to Public | 36,93,600 shares (aggregating up to ₹42.85 Cr) |
| Issue Type | Book building IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,02,50,000 shares |
| Share Holding Post Issue | 1,41,38,000 shares |
Aaradhya Disposal IPO Reservation
Aaradhya Disposal IPO offers total 38,88,000 shares. Out of which 1,84,800 (4.75%) allocated to QIB, 17,54,400 (45.12%) allocated to NII, 17,54,400 (45.12%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,94,400 (5.00%) |
| QIB Shares Offered | 1,84,800 (4.75%) |
| NII (HNI) Shares Offered | 17,54,400 (45.12%) |
| Retail Shares Offered | 17,54,400 (45.12%) |
| Total Shares Offered | 38,88,000 (100.00%) |
Aaradhya Disposal IPO Timeline (Tentative Schedule)
Aaradhya Disposal IPO opens on August 4, 2025, and closes on August 6, 2025.
| IPO Open Date | Mon, Aug 4, 2025 |
| IPO Close Date | Wed, Aug 6, 2025 |
| Tentative Allotment | Thu, Aug 7, 2025 |
| Initiation of Refunds | Fri, Aug 8, 2025 |
| Credit of Shares to Demat | Fri, Aug 8, 2025 |
| Tentative Listing Date | Mon, Aug 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 6, 2025 |
Aaradhya Disposal IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,78,400 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,78,400 |
| S-HNI (Min) | 3 | 3,600 | ₹4,17,600 |
| S-HNI (Max) | 7 | 8,400 | ₹9,74,400 |
| B-HNI (Min) | 8 | 9,600 | ₹11,13,600 |
Aaradhya Disposal IPO Promoter Holding
The promoters of the company are Mr. Sunil Maheshwari, Mr. Anil Maheshwari and Mrs. Shashi Maheshwari.
| Share Holding Pre Issue | 97.36% |
| Share Holding Post Issue | 70.58% |
Company Financials
Aaradhya Disposal Industries Ltd.'s revenue increased by 53% and profit after tax (PAT) rose by 158% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 83.08 | 71.21 | 62.54 |
| Revenue | 115.96 | 75.91 | 86.51 |
| Profit After Tax | 10.27 | 3.99 | 2.14 |
| EBITDA | 17.84 | 7.28 | 3.41 |
| Net Worth | 29.47 | 16.68 | 12.70 |
| Reserves and Surplus | 19.22 | 11.69 | 7.71 |
| Total Borrowing | 39.75 | 45.20 | 39.66 |
| Amount in ₹ Crore | |||
About Aaradhya Disposal Industries Ltd.
Established in January 2014, Aaradhya Disposal Industries Limited specializes in the production and export of paper products, which include paper cup blanks, ripple paper, and coated paper rolls.
The company provides a wide array of paper-based solutions designed for performance, sustainability, and versatility, primarily consisting of:
Paper cup blanks, PE coated, PLA coated, and Barrier coated;
Food Grade Papers such as: Greaseproof Paper, Greaseproof 4K Paper, Greaseproof Slip Easy Paper, Wet Strength Greaseproof, OGR (Oil and Grease Resistant) Paper, Vegetable Parchment Paper, and TDL (Titanium Dioxide) Poster Paper.
The company offers tailored solutions to address specific customer requirements. Whether for retail packaging, foodservice, or commercial printing, our products are recognized for their quality, performance, and sustainability.
The company operates two manufacturing facilities in Dewas, Madhya Pradesh, with a total installed capacity of 12,000 metric tonnes per annum, covering an area of 55,151 square feet.
The company caters to both Indian and international markets, exporting to Asia and the Middle East. Its distribution network and central location in India facilitate efficient logistics and delivery.
As of November 25, 2024, the company employs 33 permanent staff members.
Competitive Strength:
Advanced Technology Machinery.
Biodegradable and Environmentally Friendly Products.
Offers a diverse product portfolio to satisfy customer needs.
Sells directly to customers, removing intermediaries.
Delivers products of the highest quality.