Chennai, 28 Oct 2026 : Antala Industries Limited, a Rajkot-based manu facturer of BOPP laminated bags and polypropylene (PP) woven packaging products, will launch its ₹23.33 crore Initial Public Offering (IPO) on October 29, 2026, closing on November 2, 2026. The entirely fresh issue comprises 34.82 lakh equity shares, priced at ₹63–₹67 per share, and the company proposes to list on the BSE SME platform on November 5, 2026. Vatsa Capital Venture Pvt. Ltd. is the book-running lead manager, while Bigshare Services Pvt. Ltd. is the registrar.
For the six months ended September 30, 2026, the company reported revenue from operations of ₹30.11 crore, total revenue of ₹30.20 crore, EBITDA of ₹5.76 crore and profit after tax (PAT) of ₹4.19 crore, with an EBITDA margin of 19.12%.
In Fy2025 –26, revenue from operations stood at ₹47.40 crore, EBITDA at ₹6.15 crore and PAT at ₹4.24 crore, compared with ₹31.85 crore revenue, ₹2.83 crore EBITDA and ₹1.81 crore PAT in FY2024–25. As of September 30, 2026, total assets stood at ₹34.88 crore and net worth at ₹22.17 crore.
Antala Industries manufactures packag ing products for food processing, agriculture, fertilisers, chemi cals, construction materials, animal and pet food, and other industries. Its integrated manufacturing facility at Veraval (Shapar), Rajkot district, handles printing, weaving, lamination, cutting, stitching and finishing. The company serves multiple Indian states, with Gujarat contri buting approximately 70.01% of geographic revenue and West Bengal 23.57%.
IPO proceeds will support working capital require ments, machinery-related capital expendi ture and general corporate pur pose s . The company is led by promoters Rajesh kumar Chandulal Antala and Pankaj kumar Chandulal Antala and was incorporated on August 5, 2024, followed by a corporate restructuring in September 2025 involving the integration of operations and assets associated with Diya Overseas and Shree Industries.