Popular Analysis

What is the latest news of Aaradhya Disposal IPO?

The company will enter the market on 4 August 2025.

About Aaradhya Disposal Industries Limited

Incorporated in January 2014, Aaradhya Disposal Industries Limited is engaged in the manufacturing and export of paper products, including paper cup blanks, ripple paper, and coated paper rolls.

The company’s portfolio focuses on performance, sustainability, and versatility, offering:

  • Paper Cup Blanks: PE coated, PLA coated, and barrier coated

  • Food Grade Papers: Greaseproof Paper (including 4K, Slip Easy, and Wet Strength varieties), OGR (Oil & Grease Resistant) Paper, Vegetable Parchment Paper, and TDL (Titanium Dioxide) Poster Paper

The company specializes in providing customized paper-based solutions for retail packaging, foodservice, and commercial printing, with products recognized for quality and eco-friendliness.

Aaradhya Disposal operates two manufacturing plants in Dewas, Madhya Pradesh, with a combined installed capacity of 12,000 MT per annum, spread across 55,151 sq. ft.

Its clientele spans both domestic and international markets, with exports to Asia and the Middle East, supported by a strong distribution network and strategic central India location.

As of November 25, 2024, the company employed 33 permanent staff members.

Aaradhya Disposal IPO Details

Sector: Paper products manufacturing

IPO opens on  4 August 2025
IPO closes on  6 August 2025
Issue Type Book Built Issue IPO
Issue Size 38,88,000 Shares /
Rs 45.10 Crore
* Fresh Issue
* Offer for Sale –
Market Maker Portion 194,400Shares
Net offer to Public 36,93,600 Shares
Rs.42.85 Crores
Face Value per share Rs. 10
Price Band Rs. 110-116
Employee discount  Rs. 0 per share
Retail Lot Size  1200 Shares
Listing will at  NSE SME

How shares are being offered

Investor Category Shares Offered
Market Maker  1,94,400 (5.00%)
QIB  1,84,800 (4.75%)
NII (HNI) 17,54,400 (45.12%)
Retail  17,54,400 (45.12%)
Total  38,88,000 (100.00%)

How shares can be applied?

Application Lots Shares Amount
Rs.
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

Who are the Promoters of Aaradhya Disposal IPO?

The promoters of the company are Mr. Sunil Maheshwari, Mr. Anil Maheshwari and Mrs. Shashi Maheshwari. The promoters hold 97.36% of the pre-IPO capital

What are the Objects of Aaradhya Disposal IPO?

The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects

+Part finance the cost of establishing new manufacturing facility to expand the production capabilities at Plot No. D-61/2, MIDC, Mahad, District Raigad-402309, Maharashtra, India (“Proposed new facility”) Rs. 11.17
+Funding capital expenditure requirements of the Company towards set up of Solar Power Plant Rs. 9 Cr.
+Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company Rs. 1.20 Cr.
+General corporate purposes

Aaradhya Disposal IPO Timetable

Tentative timetable

IPO opens on 4 August 2025
IPO Closes on 6 August 2025
IPO Allotment on  7 August 2025
Refund Initiation  8 August 2025
Credit of Shares 8 August 2025
Listing on 11 August 2025
Registered Office of the CompanyAaradhya Disposal Industries Ltd.

Plot E-1,
Industrial Area No-1
A.B. Road
Dewas, Madhya Pradesh, 455001

Lead Managers of this IPO
Khambatta Securities ltd
Who is the Registrar to the IPO?
Bisshare Services Pvt ltd

Aaradhya Disposal IPO Financials

Period Ended 31-Mar-25 31-Mar-24 31-Mar-23
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 12.7
Reserves and Surplus 19.22 11.69 7.71
Total Borrowing 39.75 45.2 39.66
Amount in Rs. Crore

 

Performance Indicators

KPI Values
ROE 44.53%
ROCE 25.15%
Debt/Equity 1.35
RoNW 34.87
PAT Margin 9.04%
EBITDA Margin 15.69%
Price to Book Value 3.99
EPS 7.27
PER 15.96

 

How Aaradhya Disposal IPO compares with the Peers?


There is no listed company in India having similar nature of business to that of this company.

 

 

 


 

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Chanakya’s IPO Review – Aaradhya Disposal by Paresh Gordhandas, CA & Research Analyst

Chanakya’s Opinion: Will update soon

Quicklinks


Aaradhya Disposal IPO GMP

 
Aaradhya Disposal
IPO review

Q1. What is Aaradhya Disposal IPO?

Aaradhya Disposal Industries Limited IPO is a book-built issue of Rs.45.10 crore, consisting entirely of a fresh issue of 38.88 lakh shares.

Q2. What are the Aaradhya Disposal IPO dates?

The IPO opens on August 4, 2025, and closes on August 6, 2025. The allotment is expected on August 7, 2025, with a tentative listing date of August 11, 2025 on the NSE SME platform.

Q3. What is the price band of Aaradhya Disposal IPO?

The price band has been fixed at ₹110 to ₹116 per share.

Q4. What is the lot size for Aaradhya Disposal IPO?

The minimum application size is 1,200 shares, requiring an investment of Rs. 2,64,000. For HNIs, the minimum is 3 lots (3,600 shares) amounting to Rs.4,17,600.

Q5. Who is the lead manager and registrar for Aaradhya Disposal IPO?

Lead Manager: Khambatta Securities Limited
Registrar: Bigshare Services Pvt. Ltd.
Market Maker: Prabhat Financial Services Ltd.

Q6. Where are Aaradhya Disposal’s manufacturing plants located?

he company operates two manufacturing units in Dewas, Madhya Pradesh, with a combined installed capacity of 12,000 MT per annum, covering an area of 55,151 sq. ft.

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