Aritas Vinyl Limited’s SME IPO listed on the BSE SME platform at its issue price of ₹47 per share but quickly hit the 5% lower circuit at ₹44.65. Despite strong subscription during the IPO process, the stock’s weak debut reflects cautious investor sentiment amid broader market volatility.
The much-anticipated Aritas Vinyl SME IPO made its market debut on January 23, 2026, opening at par with its issue price of ₹47 per share on the BSE SME platform. However, the stock soon slipped, hitting its 5% lower circuit at ₹44.65, signaling subdued investor appetite despite robust subscription levels during the IPO.
Key Highlights:
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IPO Size: ₹37.52 crore, comprising a fresh issue of shares worth ₹32.89 crore and an offer for sale of ₹4.63 crore.
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Price Band: ₹40–₹47 per share, with allotments finalized on January 21, 2026.
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Subscription: The IPO had witnessed healthy demand, particularly from retail investors, with a minimum lot size of 3,000 shares.
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Listing Performance: Shares opened flat at ₹47 but quickly hit the lower circuit of ₹44.65.
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Market Sentiment: Analysts attribute the weak debut to broader market volatility and cautious sentiment around SME listings, despite strong fundamentals.
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Investor Outlook: While the initial listing was underwhelming, long-term prospects may depend on the company’s ability to deliver consistent earnings growth and capitalize on its niche market positioning.
The listing highlights the risks and volatility inherent in SME IPOs, reminding investors to balance enthusiasm with caution.
Sources: Mint, Moneycontrol, BSE SME filings