Aaradhya Disposal IPO Listings: The entry of Aaradhya Disposal shares in the stock market was weak. The company’s shares were listed on Monday 11 August at the NSE SME platform at a price of Rs 111 per share. This is about 5% less than its IPO price of Rs 116. That is, IPO investors have suffered a loss of 5 percent on the listing.
This issue did not get any special interest in the unlisted market before the listing. Its gray market premium (GMP) was made at zero, causing the possibility of flat opening.
The IPO of Aaradhya Disposal was opened on 4 August and closed on 6 August. The size of the IPO was Rs 45.10 crore and it was a completely fresh issue of 38.88 lakh shares. It received 1.41 times the subscription in total. The highest demand came from qualified Institutional Buyers (QIB), who subscribed to her share 2.51 times. Retail investors subscribed to 1.46 times and non-institutional investors (NII) 1.25 times.
This company with Madhya Pradesh headquarters is in the trade to make and supply many types of paper products including Greece and Food-Grade Papers like Paper Cup Blanx, Ripple Paper, Cotted Paper Rolls and Food-Grade Papers. The only manufacturing plant of the company is in Dewas, with two units and a total of 15,000 metric tonnes per year installed capacity. The company’s products are sold in domestic and international markets, including exports to Asia and Middle East.
In FY 2025, the company’s income increased by 54% to Rs 113.69 crore on an annual basis. At the same time, net profit (PAT) jumped 158% to Rs 10.27 crore, which was Rs 3.99 crore last year.
The company said that the amount raised from the IPO will be used for working capital needs (₹ 20 crore), purchase of plant and machinery and expansion schemes (₹ 15.86 crore), payment of some term loans (₹ 1.60 crore) and other general corporate purposes.
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