Antala Industries Limited, a Rajkot‑based manufacturer of BOPP laminated bags and polypropylene woven packaging products, disclosed that it will launch an Initial Public Offering (IPO) aggregating ₹23.33 crore. The book‑built issue comprises a fresh issue of 34.82 lakh equity shares, priced within a band of ₹63 to ₹67 per share, with a lot size of 2,000 shares. The IPO opens on October 29, 2026, closes on November 2, 2026, and the allotment is expected to be finalised on November 3, 2026. Vatsa Capital Venture Pvt. Ltd. is appointed as the book‑running lead manager and Bigshare Services Pvt. Ltd. serves as the registrar. The company intends to list the shares on the BSE SME platform, with a tentative listing date of November 5, 2026. At the upper end of the price band, the minimum retail application of 4,000 shares amounts to ₹2,68,000.
Financial performance for the six months ended September 30, 2026 (H1 FY27) shows revenue from operations of ₹30.11 crore and total revenue of ₹30.20 crore. Profit after tax (PAT) stood at ₹4.19 crore, while EBITDA was ₹5.76 crore, delivering an EBITDA margin of 19.12%. For the full FY2025‑26, revenue from operations increased to ₹47.40 crore from ₹31.85 crore in FY2024‑25, representing strong year‑on‑year growth. EBITDA for FY26 rose to ₹6.15 crore from ₹2.83 crore in FY25, and PAT grew to ₹4.24 crore from ₹1.81 crore in the prior year. The EBITDA margin improved to 12.97% in FY26 compared with 9.34% in FY25.
As of September 30, 2026, Antala Industries reported total assets of ₹34.88 crore and a net worth of ₹22.17 crore. Long‑term borrowings were ₹1.44 crore and short‑term borrowings ₹0.31 crore, bringing total borrowings to approximately ₹1.75 crore. Over the three financial years from FY2023‑24 to FY2025‑26, revenue from operations rose from ₹12.51 crore in FY24 to ₹47.40 crore in FY26, while PAT increased from ₹0.89 crore to ₹4.24 crore.
The company’s product portfolio includes BOPP laminated bags, PP woven bags, printed rolls, lamination products and other packaging‑related materials, serving sectors such as food processing, agriculture, fertilisers, chemicals, construction materials, animal and pet food, and various industrial applications.