Ideal Technoplast Industries IPO Details
The Ideal Technoplast Industries IPO is a fixed price issue with a total issue size of ₹16.03 cr, comprising of fresh issue of 1325000 equity shares. Ideal Technoplast Industries IPO opened for subscription on Aug 21, 2024 and closed on Aug 23, 2024. Ideal Technoplast Industries IPO has set the price at ₹121 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹242,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 26, 2024, and listed on the NSE on Aug 28, 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar. Swastika Investmart Ltd are the Book Running Lead Manager for the issue.
Before investing in the Ideal Technoplast Industries IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 121 – 121
- Lot Size
- 1000
- Issue Size
- ₹16.03 Cr
- Minimum Investment
- ₹242000 (2000 Shares)
- Listing Date
- 28 August 2024
Current GMP
₹15 (+12.40%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Ideal Technoplast Industries Limited
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.
Ideal Technoplast Industries IPO 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%
Ideal Technoplast Industries IPO Objective
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
Book Running Lead Managers
- Swastika Investmart Ltd
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 with a total issue size of ₹16.03 crore. The Ideal Technoplast Industries IPO price band is ₹121 to 121 per share. The Ideal Technoplast Industries IPO subscription opens on Wed, Aug 21, 2024, and closes on Fri, Aug 23, 2024. The Ideal Technoplast Industries IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Ideal Technoplast Industries IPO.
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 per share.
Ideal Technoplast Industries IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹242000 based on the upper price band
The minimum investment for Ideal Technoplast Industries IPO is ₹242000, based on one lot of 1000 shares at the upper price band of ₹121 per share.
Investors can apply for the Ideal Technoplast Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 23, 2024. The application amount remains blocked until the Ideal Technoplast Industries IPO allotment is finalized.
Ideal Technoplast Industries IPO issue size is ₹16.03 crores.
Ideal Technoplast Industries IPO allotment date is Wed, Jul 1, 2026.
The registrar for Ideal Technoplast Industries IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Ideal Technoplast Industries IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.