Packaging products and integrated manufacturing solutions provider Antala Industries Limited extended its SME initial public offering (IPO) bidding window, officially wrapping it up on Thursday, November 6, 2026.
The book-built issue, valued at ₹22.98 crore, was offered within a price band of ₹63 to ₹67 per equity share. The offering consists entirely of a fresh issue of 34.82 lakh shares.
📊 Key Issue & Revised Timeline Details
| Metric | Details |
| IPO Open Date | October 29, 2026 |
| IPO Close Date (Extended) | November 6, 2026 |
| Price Band | ₹63 to ₹67 per share |
| Total Issue Size | ₹22.98 Crore |
| Lot Size | 2,000 shares (Minimum retail investment: 2 lots / 4,000 shares amounting to ₹2,68,000 at the cap price) |
| Basis of Allotment | November 9, 2026 (Tentative) |
| Initiation of Refunds / Demat Credit | November 10, 2026 |
| Listing Date | November 12, 2026 (Tentative) |
| Listing Exchange | BSE SME |
| Lead Manager | Vatsa Capital Venture Pvt. Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
🏢 Business Overview & Objects of the Issue
Based in Rajkot, Gujarat, Antala Industries operates an integrated manufacturing facility handling end-to-end packaging operations—including extrusion, coating, lamination, rotogravure printing, stitching, and finishing—serving diverse sectors like food, agriculture, and chemicals.
The net proceeds raised from the fresh issue will be utilized toward:
- Funding Working Capital Requirements: ₹10.68 crore
- Capital Expenditure: Purchase and installation of new machinery (₹5.89 crore)
- General Corporate Purposes
📈 Financial Performance Summary
A review of Antala Industries' restated financials highlights steady growth:
| Financial Metric (₹ in Crore) | FY2024 | FY2025 | FY2026 |
| Total Income / Revenue | 12.59 | 31.98 | 47.53 |
| EBITDA | 1.36 | 2.82 | 6.15 |
| Profit After Tax (PAT) | 0.89 | 1.82 | 4.24 |
| Net Worth | 3.54 | 12.19 | 17.03 |
- Return on Net Worth (RoNW): ~24.88% (for FY26)
- Post-Issue P/E Ratio: ~9.58x based on annualized metrics.
⚠️ Disclaimer: This information is for general informational purposes only. Consult a certified financial advisor before making any investment decisions.