Aaradhya Disposal Industries IPO
Aaradhya Disposal Industries Limited · Paper Products
- Price band
- To be announcedNot in this filing
- Issue size
- 38,88,000 sharesFresh issue · amount set with price
- Face value
- ₹10per equity share
- Lot size
- To be announcedMin. investment shown once set
- OpensMon, 2025
- ClosesWed, 2025
- AllotmentFri, 2025Refunds and Demat credit same day
- ListingMon, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 38,88,000 shares
- Offer for sale
- None
- Total issue
- 38,88,000 shares
- Market maker portion
- 1,94,400 shares
- Face value
- ₹10
- Listing at
- NSE Emerge
- Promoter holding
- 97.35% → 70.58%
- RHP date
- 25 Jul 2025
Source: Red Herring Prospectus dated 25 Jul 2025Updated
Reservation
Share of the total issue- Retail45.1%
- NII45.1%
- QIB4.8%
- Market maker5.0%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 17,54,400 | 47.50% | 35% |
| Non-institutional investors (NII) | 17,54,400 | 47.50% | 15% |
| Qualified institutional buyers (QIB) | 1,84,800 | 5.00% | 50% |
| Market maker | 1,94,400 | — | — |
Source: Red Herring Prospectus dated 25 Jul 2025Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
Fiscal 2025, pre-issue- EPS (basic)
- ₹10.14
- EPS (basic) (Weighted average)
- ₹6.76
- RoNW
- 34.87%
- NAV per share (As of March 31, 2025)
- ₹29.07
- Debt to equity
- 1.35
- ROCE
- 25.15%
- EBITDA margin
- 15.69%
- PAT margin
- 9.04%
P/E and market cap are calculated once the price band is announced.
Source: Red Herring Prospectus dated 25 Jul 2025Updated
Financials
Standalone, restated · ₹ crore| Period ended | 31 Mar 202512 months | 31 Mar 202412 months | 31 Mar 202312 months |
|---|---|---|---|
| Revenue from operations | 113.69 | 73.93 | 84.15 |
| Total income | 115.96 | 75.91 | 86.51 |
| EBITDA | 17.84 | 7.28 | 3.41 |
| Profit after tax | 10.27 | 3.99 | 2.14 |
| Net worth | 29.47 | 16.68 | 12.70 |
| Reserves and surplus | 19.22 | 11.69 | 7.71 |
| Total assets | 83.08 | 71.21 | 62.54 |
12 months vs 12 months: revenue +53.8%, profit after tax +157.8%.
Source: Red Herring Prospectus dated 25 Jul 2025Updated
About the company
The company makes paper products for many industries in India and abroad. Its range includes paper cup blanks in several coatings and food-grade papers such as greaseproof and oil-resistant papers. It serves retail packaging, foodservice and commercial printing customers.
- Incorporated
- 2014
- Industry
- Paper Products
- CIN
- U21098MP2014PLC032173
Source: Red Herring Prospectus dated 25 Jul 2025Updated
Promoters and shareholders
| Name | Type | Before issue | After issue |
|---|---|---|---|
| Shashi Maheshwari | Promoter | 50.54% | 36.64% |
| Anil Maheshwari | Promoter | 23.41% | 16.98% |
| Sunil Maheshwari | Promoter | 23.40% | 16.96% |
| Sheela Tapadia | Promoter group | — | — |
| Mamta Soni | Promoter group | — | — |
Source: Red Herring Prospectus dated 25 Jul 2025Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Working capital requirements | 20.00 |
| Capital expenditure for plant and machinery and civil work for expansion | 15.86 |
| Prepayment of term loans to banks | 1.60 |
| General corporate purposes | Set with price |
Source: Red Herring Prospectus dated 25 Jul 2025Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- The company has over a decade of experience in paper products.
- It sells to customers in both domestic and export markets.
- Its product range covers paper cup blanks and several food-grade papers.
- Revenue and profit after tax grew in Fiscal 2025 compared with the prior year.
- Its products are described as biodegradable and environment-friendly.
Risks
- Export revenue fell in Fiscal 2025, and the company attributes this partly to lower-priced Chinese competitors.
- A large part of export sales comes from Gulf Cooperation Council countries, so regional disruption could affect results.
- The company is a party to several pending litigations, and no provisions have been created for claims against it.
- Working capital needs are high because of large inventories and receivables, and the company plans higher levels in Fiscal 2026.
- Paper cost fluctuations and intense competition could affect margins and pricing.
Source: Red Herring Prospectus dated 25 Jul 2025Updated
Contacts
Source: Red Herring Prospectus dated 25 Jul 2025Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring Prospectus dated 25 Jul 2025Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE Emerge.
Frequently asked questions
When does the Aaradhya Disposal Industries IPO open and close?
According to the Red Herring Prospectus, the issue opens on Monday, 4 August 2025 and closes on Wednesday, 6 August 2025.
What is the Aaradhya Disposal Industries IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Aaradhya Disposal Industries shares list?
On NSE Emerge. The tentative listing date is Monday, 11 August 2025.
Who is the registrar of the issue?
Bigshare Services Private Limited (SEBI registration INR000001385). Allotment status is checked on the registrar's website.
How do I check the Aaradhya Disposal Industries IPO allotment status?
The basis of allotment is expected to be finalised on Friday, 8 August 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (Bigshare Services Private Limited). Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹20 Cr for working capital requirements, ₹15.86 Cr for capital expenditure for plant and machinery and civil work for expansion, ₹1.6 Cr for prepayment of term loans to banks, and the rest for the other stated purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.