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VMPL
Rajkot (Gujarat) [India], October 26: Antala Industries Limited, a Rajkot-based manufacturer of BOPP laminated bags and polypropylene (PP) woven packaging products, is set to launch its Initial Public Offering (IPO) aggregating 23.33 crore on October 29, 2026. The book-built issue comprises an entirely fresh issue of 34.82 lakh equity shares and will close on November 2, 2026. The company proposes to list its shares on the BSE SME platform, with the listing tentatively scheduled for November 5, 2026. The IPO has a price band of 6367 per equity share, with a lot size of 2,000 shares. At the upper end of the price band, the minimum retail application of 4,000 shares amounts to 2,68,000. The allotment is expected to be finalised on November 3, 2026. Vatsa Capital Venture Pvt. Ltd. is the book-running lead manager to the issue, while Bigshare Services Pvt. Ltd. is the registrar. Financial Performance According to the companys restated financial information for the six months ended September 30, 2026, Antala Industries reported 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. The company reported an EBITDA margin of 19.12% for the period. For FY202526, revenue from operations was 47.40 crore, compared with 31.85 crore in FY202425, representing year-on-year growth. EBITDA for FY26 stood at 6.15 crore, compared with 2.83 crore in FY25, while PAT was 4.24 crore against 1.81 crore. The EBITDA margin improved to 12.97% in FY26 from 9.34% in FY25. As of September 30, 2026, the company reported total assets of 34.88 crore and net worth of 22.17 crore. Long-term borrowings stood at 1.44 crore and short-term borrowings at 0.31 crore, taking total borrowings to approximately 1.75 crore. Across the three financial years from FY202324 to FY202526, revenue from operations increased from 12.51 crore in FY24 to 47.40 crore in FY26, while PAT rose from 0.89 crore to 4.24 crore, according to the restated financial information. Business Overview Antala Industries Limited manufactures BOPP laminated bags, PP woven bags, printed rolls, lamination products and other packaging-related materials. Its products cater to industries including food processing, agriculture, fertilisers, chemicals, construction materials, animal and pet food, and other industrial applications. (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)
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