Ideal Technoplast Industries IPO
Ideal Technoplast Industries is an NSE SME IPO listed on the NSE SME platform, priced at ₹121 per share. The stock debuted at ₹132.1, delivering a listing gain of 9.2%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,21,000.
Ideal Technoplast Industries Limited IPO
- IPO Dates
- Aug 21, 2024 – Aug 23, 2024
- Price band
- ₹121 per equity share
- Minimum Investment
- ₹1,21,000
- Issue size
- ₹16.03 Cr
- Lot size
- 1000
- Allotment Date
- Aug 26, 2024
- Listing
- Aug 28, 2024
- Listing At
- NSE SME
IPO timeline
-
Aug 21, 2024
Open Date
Completed
-
Aug 23, 2024
Close Date
Completed
-
Aug 26, 2024
Allotment Date
Completed
-
Aug 28, 2024
Listing Date
Completed
Ideal Technoplast Industries IPO Essentials
Ideal Technoplast Industries IPO Details
Ideal Technoplast Industries IPO is priced at ₹121 per share with a total issue size of 16.03 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.
- Issue price
- ₹121 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,325,000 shares(aggregating up to ₹16.03 Cr)
- Total issue size
- 13,25,000 shares
(aggregating up to ₹16.03 crore) - Fresh issue
- 13,25,000 shares
(aggregating up to ₹16.03 crore) - Listing at
- NSE SME
- List price
- 132.1
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Swastika Investmart Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,21,000 |
| Retail(max) | 1 | 1000 | ₹1,21,000 |
| NII (min) | 2 | 2000 | ₹2,42,000 |
Ideal Technoplast Industries IPO Documents
Ideal Technoplast Industries IPO Reservation
Ideal Technoplast Industries IPO reservation details show category-wise allocation of shares. Out of the total 1,325,000 shares, approximately 47.47% for retail investors, and 5.06% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 67,000 (5.06%) | |
| Retail Shares Offered | 629,000 (47.47%) | |
| Total Shares Offered | 1,325,000 (100%) |
Ideal Technoplast Industries IPO Analytics
Ideal Technoplast Industries IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Ideal Technoplast Industries IPO Subscription Status
Ideal Technoplast Industries IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹1.38/-
- EPS Post IPO
- ₹2.95/-
- P/E Pre IPO
- 87.85
- P/E Post IPO
- 40.96
Returns
- ROE
- 43.95
- ROCE
- 32.95
- RoNW
- 43.95
- PAT Margin
- 13.47
Fundamentals
- Price / Book
- 5.98
Ideal Technoplast Industries Financials( In Lakhs)
| 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 |
Ideal Technoplast Industries Company & Offer Insights
About Ideal Technoplast Industries
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)
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 are the company's promoters of Ideal Technoplast Industries.
Ideal Technoplast Industries IPO Issue Objectives
- •
- To Meet Capital Expenditure
- •
- General Corporate Purpose.
Ideal Technoplast Industries IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Ideal Technoplast Industries Limited | 3.63 | N/A | 13.51 | 33.33 | 26.84 | 9.31 | Standalone |
| Mold-tek Packaging Limited | 24.4 | N/A | 168.46 | 34.41 | 14.4 | N/A | Standalone |
| Time Technoplast Ltd. | 9.69 | N/A | 102.92 | 28.38 | 9.61 | N/A | Standalone |
| Tpl Plastech Ltd. | 2.06 | N/A | 14.79 | 46.82 | 13.89 | N/A | Standalone |
Notes:
- Basic & diluted Earnings per share (EPS) is calculated on the weighted average number of shares.
- The price-to-earning (P/E) Ratio of Ideal Technoplast Industries Limited is in relation to the offer price of ₹121/- per share.
- The price-to-earning (P/E) Ratio of peer companies is based on the closing price of equity shares on NSE on April 25, 2024, divided by the Basic EPS as on March 31, 2023.
- The Issue Price of ₹121/- is determined by Ideal Technoplast Industries Limited in consultation with the Lead Manager and is justified based on the above accounting ratios.
Contact Information
Contact Details
Ideal Technoplast Industries
0261-2769409
http://www.idealtechnoplasts.com/
Plot No. 1 to 4 and 78 to 81, Block No. 572 & 572/B Madhav Industrial Estate, Vill. Olpad, Ta.Olpad, Surat - 3945
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Ideal Technoplast Industries IPO is a Fixed Priced IPO worth ₹16.03 crore. The issue price is ₹121 per share (fixed price). The IPO opens on Aug 21, 2024 and closes on Aug 23, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Ideal Technoplast Industries IPO is ₹121 per share (fixed price).
The lot size of Ideal Technoplast Industries IPO is 1000 shares.
The minimum investment for Ideal Technoplast Industries IPO is approximately ₹1,21,000 based on the issue price .
Ideal Technoplast Industries IPO opens on Aug 21, 2024 and closes on Aug 23, 2024.
The allotment date of Ideal Technoplast Industries IPO is Aug 26, 2024.
Ideal Technoplast Industries IPO is expected to be listed on Aug 28, 2024, on NSE SME Platform.
Ideal Technoplast Industries IPO valuation snapshot: P/E 40.96, EPS ₹2.95/-, P/B 5.98, RoNW 43.95, and market cap N/A.
To apply for Ideal Technoplast Industries 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 Ideal Technoplast Industries 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 Ideal Technoplast Industries IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Ideal Technoplast Industries IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ideal Technoplast Industries IPO allotment status on IPO Ji for quick and easy access.