Ideal Technoplast Industries IPO
Open SmeCurrent GMP
₹15 (+12.40%)
Price Band
₹ 121 – 121
Lot Size
1000
Issue Size
₹16.03 Cr
Minimum Investment
₹242000 (2000 Shares)
Listing Date
28 August 2024
Subscription
-
About the Company
Ideal Technoplast IPO description – Ideal Technoplast Industries is a leading manufacturer and supplier of rigid plastic packaging. The company also exports globally through export houses and third parties. It provides industrial packaging solutions for various sectors, including paints, agro, chemicals, cosmetics, adhesives, lubricants, food, and edible oil.
The company offers various rigid plastic packaging solutions using advanced manufacturing technologies and in-house design and printing capabilities. Specializing in the production of square packaging containers, known for their ruggedness, durability, and ease of handling heavy items, the company has positioned itself as a trusted and recognized player in the market.
Its facility in Surat spans multiple stories, covering an area of 20,000 sq. ft., and features advanced technology, including a fully automated plant. The company utilizes In-Mould Labelling (IML) via robotic automation, leading to industry-leading output capacity. Specialized units include production, R&D, quality control, and automated screen printing.
Promoters
- Mr. Prafulbhai Karshanbhai Vaghasia
- Mrs. Vaishnavi Prafulbhai Vaghasiya
- Mr. Vipulbhai Dulabhai Mendapara
- Mrs. Mitulaben Vipulbhai Mendapara
- Mr. Gauravbhai Chhaganbhai Gopani
- Mrs. Ashaben Gauravbhai Gopani
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.50%
Objects of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Capital Expenditure;
- General Corporate Purpose.
Address / Contact Info
Ideal Technoplast Industries Limited
Plot No. 1 to 4 and 78 to 81,
Block No. 572 & 572/B Madhav Industrial Estate,
Vill. Olpad, Ta.Olpad, Surat - 3945
Phone: 0261-2769409
Email: cs@idealtechnoplast.com
Website: http://www.idealtechnoplasts.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 21 August 2024
IPO Close Date
Friday, 23 August 2024
Basis of Allotment
Monday, 26 August 2024
Initiation of Refunds
Tuesday, 27 August 2024
Credit of Shares to Demat
Tuesday, 27 August 2024
Listing Date
Wednesday, 28 August 2024 — NSE & BSE
Important Dates
Open Date
21 August 2024
Close Date
23 August 2024
Basis Of Allotment
26 August 2024
Listing Date
28 August 2024
Financial Performance (₹ in Crores)
| Particular | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 1508.51 | 978 | 356.78 | 300.86 |
| Revenue | 910.91 | 1199.79 | 568.13 | 569.47 |
| Profit After Tax | 135.4 | 50.62 | 10.53 | 9.82 |
| Net Worth | 743.07 | 188.6 | 137.98 | 127.45 |
| Reserve & Surplus | 375.57 | 48.95 | -1.67 | -12.19 |
| Total Borrowings | 456.89 | 586.04 | 146.56 | 118.62 |
EPS Pre
1.38%
EPS Post
2.95%
P/E Pre
87.85
P/E (Post Issue)
40.96x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of February 29, 2024. |
|---|---|
| ROE % | 43.95 |
| ROCE % | 32.95 |
| Debt / Equity | 0 |
| RoNW % | 43.95 |
| PbW | 8.96 |
| Pat Margin % | 13.47 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 67000 | 5.06 | 0 |
| Others | 629000 | 47.47 | 0 |
| Retail Investors | 629000 | 47.47 | 0 |
| Total | 1325000 | 100 | 0 |
Subscription Status ( Sat, 17 Aug 24 03:49 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| 0 | 0 | 0x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 121,000.00 |
| Retail (Max) | 1 | 1,000 | 121,000.00 |
| S-HNI (Min) | 2 | 2,000 | 242,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Swastika Investmart Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Ideal Technoplast Industries IPO is a Fixed price IPO worth ₹16.03 crores. The price band is ₹121 to 121 per share. The IPO opens on Wed, Aug 21, 2024 and closes on Fri, Aug 23, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Ideal Technoplast Industries IPO opens on Wed, Aug 21, 2024 and closes on Fri, Aug 23, 2024
Ideal Technoplast Industries IPO Price Band is ₹121 to 121.
Ideal Technoplast Industries IPO lot size is 1000, and the minimum amount required for application is ₹242000.
The minimum investment for Ideal Technoplast Industries IPO is approximately ₹242000 based on the upper price band.
To apply for the Ideal Technoplast Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Aug 23, 2024. After submission, funds are blocked until the basis of allotment of Ideal Technoplast Industries IPO is finalised.
Ideal Technoplast Industries IPO issue size is ₹16.03 crores.
Ideal Technoplast Industries IPO allotment date is Sat, Jun 27, 2026.
The registrar for Ideal Technoplast Industries IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Ideal Technoplast Industries IPO through their official website or helpline.
The Ideal Technoplast Industries IPO GMP (Grey Market Premium) is ₹15 as of Fri, Aug 23, 2024. Based on the upper price band of ₹121 per share, the estimated Ideal Technoplast Industries IPO listing price is ₹136, indicating a potential listing gain of approximately 31% over the issue price.