New Delhi, June 25 -- Atharva Polyplast IPO is all set to hit the primary market on Tuesday, 30 June. The SME IPO will remain open for subscription till Thursday, 2 July.

The company has fixed the price band of Rs.55 to Rs.60 per share. For retail investors, the minimum investment requirement is Rs.2.40 lakh, which corresponds to two lots or 4,000 shares, calculated at the upper end of the price band.

The company proposes to utilise the net proceeds from the issue towards funding capital expenditure, repayment and/or pre-payment, in full or part, of borrowing, funding working capital requirements, and general corporate purpose.

Founded in 2014, Atharva Polyplast Limited manufactures precision-engineered plastic components for a wide ra...