Dhaval Packaging IPO
Dhaval Packaging is a BSE SME IPO listed on the BSE SME platform, priced at ₹92–₹97 per share. The stock debuted at ₹110, delivering a listing gain of 13.4%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,32,800.
Dhaval Packaging Limited IPO
- IPO Dates
- Jul 30, 2026 – Aug 3, 2026
- Price band
- ₹92-97 per equity share
- Minimum Investment
- ₹2,32,800
- Issue size
- ₹36.36 Cr
- Lot size
- 1200
- Allotment Date
- Aug 4, 2026
- Listing
- Aug 6, 2026
- Listing At
- BSE SME
IPO timeline
-
Jul 30, 2026
Open Date
Completed
-
Aug 3, 2026
Close Date
Completed
-
Aug 4, 2026
Allotment Date
Completed
-
Aug 6, 2026
Listing Date
Completed
Unofficial pre-listing indicator
Dhaval Packaging IPO Last Recorded GMP: ₹7
No GMP quote could be verified as recorded before Dhaval Packaging IPO listed. A grey-market observation of ₹7 per share was recorded on 6 Aug 2026, 8:15 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹110. GMP is unofficial and does not forecast or guarantee the actual listing price.
- Last recorded GMP
- ₹7
- GMP percentage
- 7%
- Upper price band
- ₹97
- Listing price
- ₹110
During the recorded period, Dhaval Packaging IPO GMP ranged from ₹2 to ₹7.
Dhaval Packaging IPO GMP trend (day-wise) 19 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹7 | ₹0 | 7% | ₹104 | |
| ₹7 | ₹0 | 7% | ₹104 | |
| ₹7 | ₹0 | 7% | ₹104 | |
| ₹7 | +₹2 | 7% | ₹104 | |
| ₹5 | ₹0 | 5% | ₹102 | |
| ₹5 | ₹0 | 5% | ₹102 | |
| ₹5 | ₹0 | 5% | ₹102 | |
| ₹5 | +₹2 | 5% | ₹102 | |
| ₹3 | +₹1 | 3% | ₹100 | |
| ₹2 | ₹0 | 2% | ₹99 |
Dhaval Packaging IPO Subscription Details
View Subscription DetailsDhaval Packaging IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Dhaval Packaging IPO Essentials
Dhaval Packaging IPO Details
Dhaval Packaging IPO is priced at ₹92-97 per share with a total issue size of 36.36 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹92-97 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 37,48,800 shares(agg. up to ₹36.36 Cr)
- Total issue size
- 37,48,800 shares
(aggregating up to ₹36.36 crore) - Fresh issue
- 37,48,800 shares
(aggregating up to ₹36.36 crore) - Retail Portion
- 35%
- Listing at
- BSE SME
- List price
- 110.0
- Listing date
- Registrar
- Kfin Technologies Ltd.
- Lead manager
-
Rarever Financial Advisors Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,400 | ₹2,32,800 |
| Individual(max) | 2 | 2,400 | ₹2,32,800 |
| sHNI(min) | 3 | 3,600 | ₹3,49,200 |
| sHNI(max) | 8 | 9,600 | ₹9,31,200 |
| bHNI(min) | 9 | 10,800 | ₹10,47,600 |
Dhaval Packaging IPO Reservation
Dhaval Packaging IPO reservation details show category-wise allocation of shares. Out of the total 3748800 shares, approximately 18.34% are reserved for QIB, 13.8% for NII, 33.33% for retail investors, 3.2% for employees, 5.03% for market maker, and 27.5% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1030800 (27.5%) | |
| Market Maker Shares Offered | 188400 (5.03%) | |
| QIB Shares Offered | 687600 (18.34%) | |
| NII (HNI) Shares Offered | 517200 (13.8%) | |
| bHNI > ₹10L | 344400 (9.39%) | 96 |
| sHNI < ₹10L | 172800 (4.85%) | 48 |
| Individual Shares Offered | 1204800 (33.33%) | 502 |
| Employee Shares Offered | 120000 (3.2%) | |
| Total Shares Offered | 3748800 (100%) |
Dhaval Packaging IPO Analytics
Dhaval Packaging IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Dhaval Packaging IPO Subscription Status
Dhaval Packaging IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 50.03x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 6,87,600 |
5,17,200
3,44,400
1,72,800
|
12,04,800 | 25,29,600 |
|
Day 1
30-07-26 05:00 PM
|
0.00 x |
1.03x
1.25x
0.60x
|
0.56 x | 0.48 x |
|
Day 2
31-07-26 05:00 PM
|
1.05 x |
1.79x
2.02x
1.35x
|
1.67 x | 1.46 x |
|
Day 3
03-08-26 05:00 PM
|
56.38 x |
75.71x
89.44x
48.36x
|
40.28 x | 50.03 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 25,306 (Approx) | 28.88x | 45.9x | 40.28x |
Dhaval Packaging Valuations
Earnings
- EPS Pre IPO
- ₹8.05/-
- EPS Post IPO
- ₹5.85/-
- P/E Pre IPO
- 12.05
- P/E Post IPO
- 16.58
Returns
- ROE
- 31.58%
- ROCE
- 22.58%
- RoNW
- 31.58%
- PAT Margin
- 12.33%
Fundamentals
- Debt / Equity
- 0.78
- Price / Book
- 3.16
- Market Cap
- ₹133.25 Cr.
Dhaval Packaging Financials( In Crs.)
| 31-Dec-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 64.69 | 47.89 | 33.70 | 29.27 |
| Revenue | 51.73 | 52.43 | 48.08 | 43.14 |
| Profit After Tax | 5.86 | 6.04 | 1.55 | 0.51 |
| Net Worth | 28.56 | 20.16 | 4.10 | 2.55 |
| Reserves & Surplus | 18.58 | 17.75 | 2.10 | 0.55 |
| Total Borrowing | 23.66 | 16.55 | 19.28 | 14.04 |
Dhaval Packaging Company & Offer Insights
About Dhaval Packaging
Incorporated in 2015, Dhaval Packaging Ltd. provides design, manufacturing and supplying of plastic packaging solutions to the Indian and international market. They are primarily concerned with the development of effective and efficient brand packaging, which is also easy to manufacture on a large scale. This company primarily caters to food and FMCG industries, including sweets, dairy, bakery, dry fruits, and ready-to-eat foods.
The company maintains strict adherence to international standards regarding quality, safety and environmental considerations. They have been awarded ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management) and ISO 45001:2018 (Health and Safety). In addition, we have been awarded ISO/IEC 17025:2017 certification for our testing laboratory, which helps us in accurate testing and quality assurance of the products.
Products:
1. IML (In-Mold Labeling) Containers
2. SAW Pipe Protection Plastic End Caps
Dhaval Packaging Promoter(s)
Manish Nanalal Dagla, Dhaval Nanalal Dagla, Shah Aalpa Dipak, Jigar Harivadan Contractor, Jigar Manubhai Shah are the company's promoters of Dhaval Packaging.
Dhaval Packaging IPO Issue Objectives
- •
- Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”)
- •
- Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
- •
- General corporate purposes
Dhaval Packaging IPO - Anchor Investors
Dhaval Packaging Limited finalised its anchor investor allocation on July 29, 2026, with 10,30,800 equity shares allotted to anchor investors at an anchor price of ₹97 per share
. The anchor book comprises 5 institutional investors. Carnelian AIF Category I Trust – Scheme 1 received the dominant allocation at 50.06%, followed by Saint Capital Fund at 19.91%. VVD Equity Fund, Jalan Chemical Industries Private Limited, and Blue Aster Capital Fund PCC – Blue Aster Capital Multi Asset Fund Protected Cell each received 10.01% of the anchor portion.
Contact Information
Contact Details
Dhaval Packaging
+91 9898066258
http://www.dhavalpackaging.com/
Plot No. E 411, GIDC, Sanand, Ahmedabad, Gujarat, 382110
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Dhaval Packaging IPO is a book-built IPO worth ₹36.36 crore. The price band is ₹92–₹97 per share. The IPO opens on Jul 30, 2026 and closes on Aug 3, 2026. It will be listed on BSE SME Platform. Kfin Technologies Ltd. is the registrar.
The price band of Dhaval Packaging IPO is ₹92 to ₹97 per share.
The lot size of Dhaval Packaging IPO is 1200 shares.
The minimum investment for Dhaval Packaging IPO is approximately ₹2,32,800 based on the upper price band .
Dhaval Packaging IPO opens on Jul 30, 2026 and closes on Aug 3, 2026.
The allotment date of Dhaval Packaging IPO is Aug 4, 2026.
Dhaval Packaging IPO is expected to be listed on Aug 6, 2026, on BSE SME Platform.
No GMP quote could be verified as recorded before Dhaval Packaging IPO listed. A grey-market observation of ₹7 per share was recorded on 6 Aug 2026, 8:15 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹110. GMP is unofficial and does not forecast or guarantee the actual listing price.
Dhaval Packaging IPO valuation snapshot: P/E 16.58, EPS ₹5.85/-, P/B 3.16, RoNW 31.58%, and market cap ₹133.25 Cr.
To apply for Dhaval Packaging IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Dhaval Packaging IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Dhaval Packaging IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Dhaval Packaging IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Dhaval Packaging IPO allotment status on IPO Ji for quick and easy access.