{"id":61911,"date":"2026-10-21T17:42:07","date_gmt":"2026-10-21T12:12:07","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2026\/10\/21\/rajkot-based-antala-industries-set-for-ipo-launch-soon-after-securing-bse-sme-approval\/"},"modified":"2026-10-21T17:42:07","modified_gmt":"2026-10-21T12:12:07","slug":"rajkot-based-antala-industries-set-for-ipo-launch-soon-after-securing-bse-sme-approval","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2026\/10\/21\/rajkot-based-antala-industries-set-for-ipo-launch-soon-after-securing-bse-sme-approval\/","title":{"rendered":"Rajkot-Based Antala Industries Set for IPO Launch Soon After Securing BSE SME Approval"},"content":{"rendered":"
\n

\"Antala\"<\/p>\n

Rajkot<\/strong> (Gujarat) [India], October 21:<\/strong> Antala Industries Limited<\/strong>, a manufacturer of industrial and commercial packaging products, has received approval for its proposed initial public offering (IPO)<\/strong> and plans to list its shares on the BSE SME platform<\/strong>. The approval was received on October 14, 2026<\/strong>.<\/p>\n

The proposed book-built issue will comprise a fresh issue of up to 46.80 lakh equity shares<\/strong>. The company plans to use Rs. 5.89 crore<\/strong> from the proceeds to purchase and install additional plant and machinery at its existing manufacturing facility, and Rs. 10.68 crore<\/strong> to meet working capital requirements. The rest will be used for general corporate purposes.<\/p>\n

The planned investment in machinery is expected to increase manufacturing capacity, improve operational efficiency, and expand the company\u2019s product range<\/strong>. The working capital allocation will help meet inventory needs and procure raw materials.<\/p>\n

Incorporated on April 30, 2021 as Partnership Firm, M\/s Octagon Industries<\/strong> and converted into Public limited Company on August 05, 2024<\/strong>, Antala Industries manufactures BOPP laminated bags, BOPP printing and lamination rolls, polypropylene (PP) woven bags and related packaging products<\/strong>. Its customers span sectors such as food processing, fertilisers, chemicals, cement and seeds.<\/p>\n

The company operates an integrated manufacturing facility at Veraval (Shapar) in Rajkot district<\/strong>. The facility handles printing, lamination, stitching and finishing. Its products are used to package rice, pulses, flour, spices, pet food, seeds and other agricultural and industrial commodities.<\/p>\n

As on March 31, 2026<\/strong>, the facility had installed annual capacities of 495.00 lakh metres for printing, 450 lakh metres for lamination and 507 lakh metres for cutting and stitching<\/strong>.<\/p>\n

The company follows a direct sales model and serves customers across Gujarat, West Bengal, Maharashtra, Uttar Pradesh, Assam, Rajasthan and Bihar<\/strong>. Gujarat accounts for the largest share of its revenue, followed by Maharashtra.<\/p>\n

For the financial year ended March 31, 2026<\/strong>, Antala Industries reported revenue of Rs. 47.40 crore and profit after tax of Rs. 4.24 crore<\/strong>. Its client retention ratio stood at 63.14%<\/strong>.<\/p>\n

The company holds multiple requisite ISO certifications<\/strong> reflecting quality management, environmental management, food safety, and occupational health and safety. Among the promoters, Rajeshkumar Antala acts as Chairman and Managing Director, and Pankajkumar Antala acts as Whole-Time Director<\/strong>; both have nearly three decades of experience in the packaging and woven products industry.<\/p>\n

Vatsa Capital Venture Pvt. Ltd.<\/strong> is acting as the sole book-running lead manager for the issue, while Bigshare Services Pvt. Ltd.<\/strong> is acting as the Registrar to the Issue.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Rajkot (Gujarat) [India], October 21: Antala Industries Limited, a manufacturer of industrial and commercial packaging products, has received approval for its proposed initial public offering (IPO) and plans to list … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":61912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-61911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/61911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=61911"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/61911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/61912"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=61911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=61911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=61911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}