IPO Details

Bidding Dates

04 Aug '25 - 06 Aug '25

Minimum Investment

₹2,64,000/ 2 Lots (2,400 Shares)

Price Range

₹110-₹116

Maximum Investment

₹2,78,400/ 2 Lots (2,400 Shares)

Retail Discount

To be announced

Issue Size

₹45.10 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)   |  

Aaradhya Disposal Industries IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Aug 04, 25

IPO Closing Date

Aug 06, 25

Basis of Allotment

Aug 07, 25

Initiation of Refunds

Aug 08, 25

IPO Listing Date

Aug 11, 25

About Aaradhya Disposal Industries IPO

Aaradhya Disposal Industries Limited is launching its IPO worth ₹45.10 crore through a complete fresh issue of 38.88 lakh equity shares. The IPO will open for subscription on August 4, 2025, and will close on August 6, 2025. The allotment of shares is likely to be finalised on August 7, 2025.

The company is expected to list its shares on the NSE SME platform, with a tentative listing date set for August 11, 2025. The price band for the IPO is fixed between ₹110 and ₹116 per share. Retail investors need to apply for a minimum of 1,200 shares, which amounts to an investment of ₹2,64,000.

For High Net-Worth Individuals (HNIs), the minimum application size is three lots or 3,600 shares, requiring an investment of ₹4,17,600. Khambatta Securities Limited is serving as the book-running lead manager, while Bigshare Services Pvt Ltd is acting as the registrar.

Prabhat Financial Services Ltd. is the designated market maker for the IPO. For complete details, refer to the Red Herring Prospectus (RHP) of Aaradhya Disposal Industries IPO.

Industry Outlook

  1. The Indian paper industry has a domestic market size of ₹800 billion and contributes nearly ₹50 billion to the exchequer. It is projected to grow at a 6–7% annual rate, with paper consumption expected to reach 30 million tonnes by FY 2026–27.
  2. Packaging grade paper, including kraft and duplex paper, makes up around 70% of total production, driven by the growing shift from plastic to sustainable paper alternatives in food service and retail sectors.
  3. Food service packaging is expanding with demand for PE, PLA, and barrier-coated paper cups, supported by rising consumption of hot and cold beverages and stricter environmental norms.

Aaradhya Disposal Industries IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

  1. The company plans to use the funds to meet its day-to-day working capital needs.
  2. A portion of the proceeds will be used for expanding operations through purchase of new plant, machinery, and civil work.
  3. Some funds will be used to repay or prepay existing borrowings and improve the company’s financial position.
  4. The remaining funds from the issue will be allocated towards general corporate purposes, helping the company strengthen its operational and financial position.

About Aaradhya Disposal Industries Limited

Aaradhya Disposal Industries Limited, established in January 2014, is a Madhya Pradesh-based company engaged in manufacturing and exporting eco-friendly paper products. It specialises in producing paper cup blanks and food-grade coated papers that serve various industries, including retail packaging, foodservice, and commercial printing.

The product range includes PE (Polyethylene) coated, PLA (Polylactic Acid) coated, and barrier-coated paper cup blanks, along with greaseproof papers, OGR (Oil and Grease Resistant) papers, wet strength papers, vegetable parchment paper, and TDL (Titanium Dioxide) poster paper.

The company operates from a manufacturing unit located in Dewas, near Indore, spread across 52,151 square feet. As of March 31, 2025, the facility has a total installed capacity of 15,000 metric tonnes per annum. The plant is equipped with advanced machinery that supports bulk production and ensures consistent quality output.

Aaradhya Disposal Industries Limited focuses on providing customised paper-based solutions to meet the unique needs of both domestic and international clients. Its presence in central India allows for efficient logistics, while its export footprint spans across Asia and the Middle East.

With over a decade of experience and a dedicated team of 33 permanent employees as of June 30, 2025, the company continues to grow by aligning innovation with environmental responsibility. Its commitment to quality, sustainability, and timely delivery positions it as a reliable partner in the paper products industry.

How To Check the Allotment Status of Aaradhya Disposal Industries IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for the Aaradhya Disposal Industries IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the Aaradhya Disposal Industries IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Aaradhya Disposal Industries IPO

Registered office: Plot E-1, Industrial Area No.- 1, A.B. Road, Dewas-455001, Madhya Pradesh, India

Phone: +91-7880132743

E-mail: cs@aaradhyadisposalindustriesltd.in 

Aaradhya Disposal Industries IPO Reservation

Investor Category

Shares Offered

Market Maker Shares

1,94,400 (5.00%)

QIB Shares

1,84,800 (4.75%)

NII (HNI) Shares

17,54,400 (45.12%)

Retail Shares

17,54,400 (45.12%)

Total Shares

38,88,000 (100.00%)

Aaradhya Disposal Industries IPO Lot Size

Application

Lots

Shares

Amount

Individual investors (Retail) (Min)

2

2,400

₹2,64,400

Individual investors (Retail) (Max)

2

2,400

₹2,78,400

S-HNI (Min)

3

3,600

₹4,17,600

S-HNI (Max)

7

8,400

₹9,74,400

B-HNI (Min)

8

9,600

₹11,13,600

Aaradhya Disposal Industries IPO Promoter Holding

The promoters of the company include Mr. Sunil Maheshwari, Mr. Anil Maheshwari and Mrs. Shashi Maheshwari.

Share Holding Pre-Issue

97.36%

Share Holding Post Issue&nbsp

70.58%

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

Key Performance Indicators for Aaradhya Disposal Industries IPO

KPI

Value

Debt/Equity&nbsp

1.35

ROE (%)

44.53

RoCE (%)

25.15

RoNW (%)

34.87

PAT Margin (%)

9.04

EBITDA Margin (%)

15.69

Aaradhya Disposal Industries IPO Prospectus

Aaradhya Disposal Industries IPO Registrar and Lead Managers

Aaradhya Disposal Industries IPO Lead Managers

  • Khambatta Securities Limited

Registrar for Aaradhya Disposal Industries IPO

Bigshare Services Private Limited

Aaradhya Disposal Industries IPO Registrar

Financial Performance of Aaradhya Disposal Industries Limited

Particulars Year ending on March 31, 2025 Year ending on March 31, 2024 Year ending on March 31, 2023
Revenue from Operation (in ₹ lakh) 11,369.15 7,393.48 8,414.63
Profit After Tax (in ₹ lakh) 1,027.39 398.59 214.48
Earnings per share (in ₹) 10.14 3.99 2.15
Net Worth (in lakh) 2,946.59 1,668.10 1269.52
Return on Equity (%) 44.53 27.14 18.45
Return on capital employed (RoCE) (%) 25.15 12.57 8.24
EBITDA (in ₹ lakh) 1,784.20 727.55 340.70

Know before investing

Strengths

5
  1. Operates with 15,000 MT yearly capacity across 52,151 sq ft facility in Dewas.

  2. Uses advanced Germany and China-made machinery for high-quality, efficient production.

  3. Offers a wide product range from 30 GSM to 500 GSM on a single machine.

  4. Strategic location in central India ensures smooth logistics and lower transportation costs.

  5. In-house designing team adds creative edge with UV and foiling embossing features.

Risks

5
  1. Involved in legal proceedings that may impact business, finances, and reputation adversely.

  2. Around 85% raw materials sourced from five suppliers, posing high supply risk.

  3. Fire incident on May 5, 2023, caused fatalities and legal consequences.

  4. Exports contribute major revenue; global changes can impact margins and cash flows.

  5. Heavy dependence on top 10 customers increases risk of sudden revenue loss.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

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Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

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Aaradhya Disposal Industries IPO FAQs

What is the Aaradhya Disposal Industries IPO?

Aaradhya Disposal Industries IPO is a book-built issue IPO. It runs from August 4, 2025, to August 6, 2025. 

When will the Aaradhya Disposal Industries IPO be allotted?

The Basis of Allotment will happen on Thursday, August 7, 2025.  

When will the Aaradhya Disposal Industries IPO open for subscription?

The IPO subscription window will open on August 4, 2025. 

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 2 lots, and the lot size is 1,200 shares. 

When will the Aaradhya Disposal Industries IPO list on exchanges?

The listing date for Aaradhya Disposal Industries IPO is Monday, August 11, 2025. 

What is the issue size of the Aaradhya Disposal Industries IPO?

The issue size of the Aaradhya Disposal Industries IPO is ₹45.10 crore.

What are the open and close dates of the Aaradhya Disposal Industries IPO?

The open and close dates for Aaradhya Disposal Industries IPO are from August 4, 2025, to August 6, 2025.

What would be the listing gains on the Aaradhya Disposal Industries IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. 

When will I know if my Aaradhya Disposal Industries IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts. 

Who is the registrar of Aaradhya Disposal Industries IPO?

Bigshare Services Private Limited is the registrar responsible for managing the IPO allotment process and handling investor queries. 

Where is the Aaradhya Disposal Industries IPO getting listed?

The Aaradhya Disposal Industries IPO is proposed to be listed on the SME platform of the National Stock Exchange (NSE).