Mumbai, Jan. 23 -- The scrip listed at Rs 47, in line with the initial public offer price, but later slipped to its lower circuit of 5% from the listing level.

The stock touched a high of Rs 47 and a low of Rs 44.65, with around 3.63 lakh shares changing hands on the counter.

Aritas Vinyl's IPO was subscribed 2.15 times. The issue opened for bidding on 16 January 2026 and it closed on 20 January 2025. The price band of the IPO was set at Rs 40 to Rs 47 per share.

The IPO comprised fresh issue of 69,98,600 equity shares and offer for sale (OFS) of 9,84,400 equity shares by existing shareholders. The promoter and promoter shareholding diluted to 27.99% from 47.22% pre-IPO.

The company intends to utilize the net proceeds for capital expe...