Antala Industries sets 29 October IPO to raise USD 2.45m (INR 23.33 crore)
Antala Industries, a Rajkot-based maker of BOPP laminated bags and polypropylene woven packaging, opens a USD 2.45m (INR 23.33 crore) initial public offering of new shares on 29 October 2026. The offer closes on 2 November, with a BSE SME listing tentatively set for 5 November. For the six months to 30 September 2026 the company reported revenue from operations of USD 3.16m (INR 30.11 crore), profit after tax of USD 0.44m (INR 4.19 crore) and an EBITDA margin of 19.12%.
Why this mattersThe listing gives a small Rajkot BOPP and woven-bag converter fresh capital and a public valuation reference for Indian flexible-packaging peers.
- IPO of USD 2.45m (INR 23.33 crore), entirely a fresh issue of 3.482m equity shares
- Price band USD 0.66-0.70 (INR 63-67) per share, lot size 2,000 shares
- Issue opens 29 October 2026 and closes 2 November 2026; listing tentatively 5 November 2026
- H1 FY27 revenue from operations USD 3.16m (INR 30.11 crore), profit after tax USD 0.44m (INR 4.19 crore), EBITDA margin 19.12%
- FY26 revenue from operations USD 4.98m (INR 47.40 crore), against USD 3.35m (INR 31.85 crore) in FY25
- Total borrowings about USD 0.18m (INR 1.75 crore) at 30 September 2026
Sources
tribuneindia.com