Aritas Vinyl Ltd

Aritas Vinyl Limited was incorporated as 'Aritas Vinyl Private Limited' on April 17, 2020 with the Registrar of Companies, Ahmedabad. Subsequently, Company was converted from a Private Limited Company to Public Limited and the name of Company was changed to 'Aritas Vinyl Limited' and a Fresh Certificate of Incorporation has been issued on January 23, 2025 by the Registrar of Companies, Central Registration Centre. Company is engaged in manufacturing of technical textile, such as 'Artificial leather' also known as PU Synthetic leather and PVC-coated leather, using the latest technology known as Transfer Coating Technology. Manufacturing facility is situated at, Taluka Daskroi, near Ahmedabad operating an installed production capacity of around 7.8 million meters per year. PVC leather, also known as polyvinyl chloride leather, is a type of synthetic leather made by coating a fabric typically polyester or cotton-with a layer of PVC (polyvinyl chloride) offering a soft, flexible, and alternative to genuine leather. PVC-Coated Leather is manufactured by coating fabric with polyvinyl chloride, providing enhanced durability, water resistance and affordability. Synthetic Leather is widely replacing traditional leather. Synthetic Leather is economical, durable, requires low maintenance and easy fabric to work with. The products come in variety of colour, texture and patterns in different industry such as seat covers, door covers, dashboards, shoe uppers, shoe lining and insoles, sandals, furnishing and Upholstery, purses, bags and briefcases, diary covers and stationery items, garments, belts, wallets etc. The Company started manufacturing unit in 2022 with an installed Capacity of 42 lakhs meters per year. In Fiscal 2023-24, it enhanced the installed capacity from 42 lakhs meters to 78 Lakh meters by investing in the plant and machinery. Company raised funds through IPO by issuing 79,83,000 equity shares of Rs 10, aggregating to Rs 37.52 crore, comprising a fresh issue of 69,98,600 equity shares amounting to Rs 32.89 crore and the offer for sale of 9,84,400 equity shares amounting to Rs 4.63 crore on January 20, 2026.