Key Quantitative Figures
- IPO Date: January 21, 2026
- Total Amount Raised (Fresh Issue): ₹3,289.34 Lakhs (₹32.89 Crore)
- Report Period: Half year ended September 30, 2026
- Designated Bank Account: Axis Bank Account No. 925020053501167
Fund Utilization Breakdown (as of September 30, 2026)
The proceeds from the fresh issue of the IPO were utilized as follows, with no unutilized amounts remaining:
| Object of the Issue | Allocated Amount (₹ Lakhs) | Amount Utilized (₹ Lakhs) |
| Capital Expenditure for Solar Power Project | 425.61 | 425.61 |
| Working Capital | 2,045.00 | 2,073.15 |
| General corporate purposes | 464.58 | 464.58 |
| Public Issue Expenses | 354.15 | 326.00 |
Note: The working capital utilized (₹2,073.15 Lakhs) exceeds its allocated amount (₹2,045.00 Lakhs) by ₹28.15 Lakhs. The public issue expenses utilized (₹326.00 Lakhs) are ₹28.15 Lakhs less than the allocated amount (₹354.15 Lakhs). The total utilized amount across all objects equals the total raised amount of ₹3,289.34 Lakhs.
Parties Involved
- Listed Entity: Aritas Vinyl Limited (Scrip Code: 544683, Trading Symbol: ARITAS)
- Stock Exchange: BSE Limited
- Auditor: Pushpendra Gupta & Associates, Chartered Accountants (FRN: 0114125W)
- Bank: Axis Bank (Public Offer Account)
Management and Auditor Certification
- The Managing Director, Anilkumar Prakashchandra Agrawal (DIN: 06810266), signed the submission to BSE.
- The auditor, Pushpendra Surajprasad Gupta (Partner, Membership No. 041346), provided a certificate verifying that the funds were utilized in accordance with the objects stated in the Prospectus dated January 21, 2026.
- The auditor confirmed that no part of the IPO proceeds was temporarily invested, advanced, or deployed for any purpose other than the stated objects.
Financial Impact
As per the disclosure, there is no financial impact from deviation or variation. The funds have been fully utilized for their intended purposes.