Ideal Technoplast Industries Limited IPO
NSE SMEListed On: Aug 28, 2024 at ₹ 132.1
₹ 121000 /1000 Shares
Check Allotment21 Aug, 2024
Open Date23 Aug, 2024
Close Date26 Aug, 2024
Allotment Date28 Aug, 2024
Listing DateIssue Price
₹121 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
132.1Listing Date
2024-08-28Market Lot
1000 Shares (₹121,000/-)Lead Manager
Swastika Investmart LtdIssue Size
1,325,000 shares(aggregating up to ₹16.03 Cr)Retail Portion
50%Subscription
112.08 timesIPO Docs
DRHPIdeal Technoplast Industries IPO Details
Ideal Technoplast Industries Limited IPO is an SME IPO, priced at ₹121 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 13,25,000 equity shares, aggregating up to ₹16.03 crores..
The IPO bidding window is open from Aug 21, 2024 to Aug 23, 2024. The allotment is expected to be finalized on Aug 26, 2024, and the tentative listing date is Aug 28, 2024.
The minimum lot size for retail investors is 1000 shares, with a minimum investment of ₹1,21,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,42,000.
Swastika Investmart Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Sunflower Broking Private Limited will act as the market maker for this issue.
Ideal Technoplast Industries IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 629,000 | 629,000 | 1,258,000 |
| Day 1 - 21-08-24 06:00 PM | 2.29 x | 8.74 x | 5.51 x |
| Day 2 - 22-08-24 06:00 PM | 3.47 x | 19.52 x | 11.49 x |
| Day 3 - 23-08-24 06:00 PM | 108.60 x | 115.57 x | 112.08 x |
Ideal Technoplast Industries Valuations
EPS Pre IPO
₹1.38/-EPS Post IPO
₹2.95/-P/E Pre IPO
87.85P/E Post IPO
40.96ROE
43.95ROCE
32.95RoNW
43.95PAT Margin
13.47Price to Book Value
5.98Ideal Technoplast Industries Company Financials All values are in ₹ Lakh
| 29-Feb-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 1,508.51 | 978.00 | 356.78 |
| Revenue | 2,424.11 | 1,199.79 | 568.13 |
| Profit After Tax | 326.61 | 50.62 | 10.53 |
| Net Worth | 743.07 | 188.6 | 137.98 |
| Reserves & Surplus | 375.57 | 48.95 | -1.67 |
| Total Borrowing | 456.89 | 586.04 | 146.56 |
About The Company
Ideal Technoplast Industries Limited was established in 2012 and is a rigid plastic packaging manufacturer, offering its products to both the domestic and international markets (indirectly through export companies and third parties).
Ideal Technoplast offers industrial packaging solutions in round and square containers, twist containers and bottles for industries like paints, agro, chemicals, cosmetics, adhesives, lubricants, food, and edible oil.
The company has advanced manufacturing technologies, which include in-house design and printing technology. The production facility is spread over multiple floors in an area of 20,000 sq. ft. and has state-of-the-art technology, including a fully automated line.
As of 31st March, 2024, the company has a total of 28 employees.
Ideal Technoplast Industries - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 73.50%
- Mr. Prafulbhai Karshanbhai Vaghasia, Mrs. Vaishnavi Prafulbhai Vaghasiya, Mr. Vipulbhai Dulabhai Mendapara, Mrs. Mitulaben Vipulbhai Mendapara, Mr. Gauravbhai Chhaganbhai Gopani, and Mrs. Ashaben Gauravbhai Gopani
Ideal Technoplast Industries IPO - Issue Objectives
- To Meet Capital Expenditure
- General Corporate Purpose.
Other Details
Ideal Technoplast Industries
Plot No. 1 to 4 and 78 to 81, Block No. 572 & 572/B Madhav Industrial Estate, Vill. Olpad, Ta.Olpad, Surat - 3945Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Ideal Technoplast Industries IPO - FAQs
Ans. Ideal Technoplast Industries Limited IPO is a SME IPO. The issue is priced at ₹121 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Aug 21, 2024, and closes on Aug 23, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Ideal Technoplast Industries Limited IPO opens on Aug 21, 2024 and closes on Aug 23, 2024.
Ans. The size of Ideal Technoplast Industries Limited IPO is 1,325,000 shares(aggregating up to ₹16.03 Cr).
Ans. The IPO price band is set between ₹121 per equity share.
Ans. To apply for Ideal Technoplast Industries Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ideal Technoplast Industries Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ideal Technoplast Industries Limited IPO is Aug 26, 2024.
Ans. The Ideal Technoplast Industries Limited IPO will be listed on Aug 28, 2024.
Ans. Follow the steps to check the allotment status for Ideal Technoplast Industries Limited IPO here.
