IPO Details
Bidding Dates
04 Aug 25 - 06 Aug 25
Lot Size
2400
Price Range ₹
110 - 116
Exchange Status
NSE
Total Equity
₹ 42.87Cr
IPO Doc
IPO Timeline
Offer start
04 Aug 2025
Offer end
06 Aug 2025
Allotment
07 Aug 2025
Refund initiation
08 Aug 2025
Demat transfer
08 Aug 2025
Listing
11 Aug 2025
Offer start
04 Aug 2025
Offer end
06 Aug 2025
Allotment
07 Aug 2025
Refund initiation
08 Aug 2025
Demat transfer
08 Aug 2025
Listing
11 Aug 2025
About Company
Aaradhya Disposal Industries Limited, incorporated in January 2014, is a manufacturer and exporter of eco-friendly paper-based products including paper cup blanks, PE/PLA coated rolls, greaseproof food-grade paper, and biodegradable packaging materials. The company caters to the foodservice, packaging, and printing industries, offering customizable and sustainable solutions. With two advanced manufacturing plants in Dewas, Madhya Pradesh, having a combined installed capacity of 12,000 metric tonnes per annum spread over 55,000+ sq. ft., the company ensures efficient production and logistics for both domestic and international clients (particularly in Asia and the Middle East). As of November 2024, Aaradhya had 33 permanent employees and a direct-to-customer model, reducing reliance on intermediaries.
Year Founded
16-01-2014
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 97.36 | 0 |
| Share Capital | 9979000 | 9979000 |
Offer to Public
36,96,000.00 Cr
Project Details
- Working Capital Requirement including margin money - 200cr
- To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Mac - 165.614cr
- Prepayment of term loans to banks - 17.853cr
Objectives
- To meet the working capital requirements of the Company
- To fund the expansion plan of the Company i.e. Capital expenditure towards purchase of Plant and Machinery and Civil WorkPrepayment of term loans to banks, andGeneral Corporate Purpose.
Highlights
- Impressive revenue and PAT growth in FY25, with a PAT jump of 158% year-over-year and solid ROE of 44.5%.
- Specializes in biodegradable, food-grade paper products, aligning with global trends toward sustainable packaging.
- Strong presence in Asian and Middle Eastern markets, giving it diversified revenue streams beyond domestic demand.
- In-house manufacturing with modern machinery and direct sales model help optimize costs and ensure quality control.
- IPO proceeds are planned for expansion, working capital, and loan repayment, potentially strengthening capacity and reducing debt burden.
Challenges
- Debt-to-equity ratio is 1.35, indicating moderate leverage; although prepayment is planned, it remains a risk factor.
- If listed on the SME exchange, it may face lower trading volumes and liquidity, deterring large institutional participation.
- Only 33 permanent employees, which could pose challenges in scaling up rapidly or managing global compliance demands.
- Heavily reliant on the foodservice and packaging sector, which is cyclical and sensitive to economic shifts and raw material prices.
- EPS drops from ₹10.02 (pre-IPO) to ₹7.27 (post-IPO), indicating shareholder dilution, affecting valuation metrics like P/E.
