Antala Industries' ₹23.33 crore SME IPO opened for subscription on October 29, 2026, and will remain open until November 2, 2026. According to reports from The Economic Times, the book-built issue is entirely a fresh issue of 34.82 lakh shares priced at ₹63-67 per share. The IPO has a lot size of 2,000 shares, requiring retail investors to apply for at least two lots or 4,000 shares, necessitating an investment of ₹2.68 lakh at the upper price band. The proceeds from this fresh issue will be utilized to fund working capital, machinery purchases and general corporate purposes. As per latest reports, 1,76,000 shares are set aside for the market maker, with the remaining allocation distributed as 50% to qualified institutional buyers, 15% to non-institutional investors and 35% to retail investors.
As reported by The Economic Times, allotment is expected to be finalised on November 3, 2026, while the shares are tentatively scheduled to list on the BSE SME platform on November 5. The issue is being managed by Vatsa Capital Venture Pvt. Ltd. as the book-running lead manager, with Bigshare Services Pvt Ltd serving as the registrar to the issue. The shares are proposed to list on the BSE SME platform, providing SME exposure to a packaging manufacturer with sharply higher profit in the latest period.
According to reports from The Economic Times, Antala Industries reported strong FY26 growth with total income rising 49% and profit after tax increasing 133%. For the six months ended September 2026, the company achieved total income of ₹30.20 crore and profit after tax of ₹4.19 crore, with borrowings standing at ₹1.75 crore. The packaging manufacturer's financial performance demonstrates significant improvement across key metrics during the fiscal year.
As reported by The Economic Times, Antala Industries Limited, a Rajkot-based manufacturer of BOPP bags, BOPP printing and lamination rolls and PP woven bags and fabrics, has opened its IPO for subscription. The company manufactures industrial and commercial packaging for food processing, fertiliser, chemical, cement and seed customers from an integrated facility. As of September 30, 2026, the company had 11 employees across accounts and finance, management, administration, sales, secretarial and production functions. The company's 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. Promoters hold 72.92% before the issue and 51.99% after the issue, with the upper band implying a market capitalisation of about ₹81.45 crore.
