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To be declared

Thu, Oct 29, 2026

IPO Close

Mon, Nov 2, 2026

Price Band

₹63 to ₹67

Market Cap

₹81.45 Cr * on Upper Price

  • IPO Date
    29 Oct to 2 Nov, 2026
  • Listing Date
    Thu, Nov 5, 2026(T)
  • Face Value
    ₹10 per share
  • Price Band
    ₹63 to ₹67
  • Lot Size
    2,000 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE SME
  • Total Issue Size
    34,82,000 shares (agg. up to ₹23 Cr)
  • Reserved for Market Maker
    1,76,000 shares (agg. up to ₹1 Cr)
  • Fresh Issue(Ex Market Maker)
    33,06,000 shares (agg. up to ₹22 Cr)
  • Net Offered to Public
    33,06,000 shares (agg. up to ₹22 Cr)
  • Share Holding Pre Issue
    86,74,736 shares
  • Share Holding Post Issue
    1,21,56,736 shares

IPO Timetable (Tentative)

  • IPO Open
    Thu, Oct 29, 2026
  • Allotment
    Tue, Nov 3, 2026
  • Credit of Shares
    Wed, Nov 4, 2026
  • IPO Close
    Mon, Nov 2, 2026
  • Refund
    Wed, Nov 4, 2026
  • Listing
    Thu, Nov 5, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Offer
Retail Not less than 35% of the Offer
NII Not less than 15% of the Offer

IPO Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.

Application Lots Shares Amount
Individual investors (IND) (Min) 2 4000 ₹2,68,000
Individual investors (IND) (Max) 2 4000 ₹2,68,000
S-HNI (Min) 3 6000 ₹4,02,000
S-HNI (Max) 7 14000 ₹9,38,000
B-HNI (Min) 8 16000 ₹10,72,000

About Antala Industries Ltd.

Incorporated in August 2024, Antala Industries Limited is engaged in the manufacturing, processing, printing, laminating and supply of industrial and commercial packaging products. The Company specializes in BOPP bags, BOPP printing rolls, BOPP lamination rolls, PP woven bags and PP woven lamination rolls, serving customers across industries such as food processing, fertilizers, chemicals, cement and seeds. The Company operates an integrated manufacturing facility in Rajkot, Gujarat, with capabilities including extrusion, coating and lamination, rotogravure printing, stitching and finishing.

The Company provides customized packaging solutions focused on strength, durability, moisture resistance, high-quality printability and enhanced product visibility. Its integrated manufacturing setup enables in-house processing from printing and lamination to cutting, stitching, finishing and packaging, supporting quality control, production efficiency and timely delivery. The Company holds ISO 9001:2015, ISO 14001:2015, ISO 22000:2018 and ISO 45001:2018 certifications and is backed by promoters with nearly three decades of experience in the packaging industry.

As of July 21, 2026, the Company had 11 employees across accounts and finance, management, administration, sales, secretarial and production functions. Its key strengths include experienced promoters and management, a diversified and customizable product portfolio, presence across multiple end-user industries, customer-focused manufacturing and delivery capabilities, and established supplier and customer relationships.

Strengths :

  • Experienced promoters and management team with extensive packaging industry expertise.
  • Diversified product portfolio with customization capabilities.
  • Presence across multiple end-user industries.
  • Integrated manufacturing capabilities supporting operational efficiency.
  • Customer-focused manufacturing and delivery process.
  • Established supplier and customer relationships.

Company Financials (Restated)

Antala Industries Ltd.’s revenue increased by 49% and profit after tax (PAT) rose by 133% between the financial year ending with March 31, 2026 and March 31, 2025.  (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 28.41 25.47 5.97
Total Income 47.53 31.98 12.59
Profit After Tax 4.24 1.82 0.89
EBITDA 6.15 2.82 1.36
NET Worth 17.03 12.19 3.54
Reserves and Surplus 8.79 3.02
Total Borrowing 4.19 3.85 0.36

Recently Listed IPOs in Packaging

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Vama Wovenfab Ltd. SME ₹49.54 Cr ₹341 11.04 ₹323.95 -5.00% ₹86.20
Shakti Polytarp Ltd. SME ₹26.93 Cr ₹59 7.38 ₹57.08 -3.25% ₹47.74
Injecto Polymers Ltd. SME ₹56.12 Cr ₹100 9.48 ₹95.95 -4.05% ₹93.40

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • 1 To meet Working Capital Requirements
    10.68
  • 2 To meet the requirements of Capital Expenditure towards Purchase of Machinery
    7.32
  • 3 General Corporate Purposes
  • Total
    18.00

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 24.88%
ROCE 42.23%
Debt/Equity 0.25
RoNW 24.88%
PAT Margin 8.91%
EBITDA Margin 12.97%
NAV 20.67
P/B (x) 3.24

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 4.88 3.48
P/E (x) 13.73 19.25
Market Cap at Offer Price ₹58.12 Cr. ₹81.45 Cr.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 72.93%
Public 27.07%
Total 100%

Company Promoters: Rajeshkumar Chandulal Antala, Lataben Rajeshbhai Antala, Pankajkumar Chandulal Antala, Hetalben Pankajkumar Antala, Nevil Pankajbhai Antala, Aaryan Rajesh Antala and Shaily Rajeshkumar Antala.

Antala Industries IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0
📰 Antala Industries Ltd. – News Updates
  • Antala Industries Ltd. IPO Set to Open Soon – Here’s What to Know
  • Antala Industries Ltd. Moves Ahead with IPO Plans, files DRHP

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

IPO Lead Manager(s)

  1. Vatsa Capital Venture Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Antala Industries Ltd. Address
Shapar RS No.84, Plot No.1
Opp. Shreeji Tiles, Veraval (Shapar)
Kotda Sanghani
Rajkot, Gujarat, 360024

IPO FAQs

Antala Industries IPO is a SME IPO of 34,82,000 equity shares of the face value of ₹10 aggregating up to ₹23 Crores. The issue is priced at ₹63 to ₹67. The minimum order quantity is 2000.

The IPO opens on Thu, Oct 29, 2026, and closes on Mon, Nov 2, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Angel One customers can apply online in Antala Industries IPO using UPI as a payment gateway. Angel One customers can apply in Antala Industries IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Antala Industries IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Antala Industries IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Antala Industries IPO opens on Thu, Oct 29, 2026 and closes on Mon, Nov 2, 2026.

Antala Industries IPO lot size is 2000, and the minimum amount required for application is ₹2,68,000, with 2 lots being the minimum application size.

You can apply in Antala Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Antala Industries IPO will be done on Tuesday, November 3, 2026, and the allotted shares will be credited to your demat account by Wed, Nov 4, 2026. Check the Antala Industries IPO allotment status.

The Antala Industries IPO listing date is not yet announced. The tentative date of listing is Thu, Nov 5, 2026.

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