Premium Plast IPO
Premium Plast Limited IPO
Premium Plast is a NSE SME IPO listed on NSE SME with an issue price of ₹46–₹49 per share. The stock debuted at ₹51.45, delivering a listing gain of 5.0%. The IPO had a lot size of 3000 shares and a minimum investment of ₹1,47,000.
- IPO Dates
- Oct 21, 2024 – Oct 23, 2024
- Price band
- ₹46-49 per equity share
- Minimum Investment
- ₹1,47,000
- Issue size
- ₹26.2 Cr
- Lot size
- 3000
- Allotment Date
- Oct 24, 2024
- Listing
- Oct 28, 2024
- Listing At
- NSE SME
IPO timeline
-
Oct 21, 2024
Open Date
Completed
-
Oct 23, 2024
Close Date
Completed
-
Oct 24, 2024
Allotment Date
Completed
-
Oct 28, 2024
Listing Date
Completed
Premium Plast IPO Essentials
Premium Plast IPO Details
Premium Plast IPO is priced at ₹46-49 per share with a total issue size of ₹26.2 crore. The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹46-49 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Total issue size
- 53,46,000 shares
(aggregating up to ₹26.2 crore) - Fresh issue
- 53,46,000 shares
(aggregating up to ₹26.2 crore) - Listing at
- NSE SME
- List price
- 51.45
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Market Lot Size
Investors can bid for a minimum of 3000 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 | 3000 | ₹1,47,000 |
| Retail(max) | 1 | 3000 | ₹1,47,000 |
| NII (min) | 2 | 6000 | ₹2,94,000 |
Premium Plast IPO Reservation
Premium Plast IPO reservation details show category-wise allocation of shares. Out of the total 5,346,000 shares, approximately 9.54% are reserved for QIB, 42.7% for NII, 42.7% for retail investors, and 5.05% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 270,000 (5.05%) | |
| QIB Shares Offered | 510,000 (9.54%) | |
| NII (HNI) Shares Offered | 2,283,000 (42.7%) | |
| Retail Shares Offered | 2,283,000 (42.7%) | |
| Total Shares Offered | 5,346,000 (100%) |
Premium Plast IPO Analytics
Premium Plast IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Premium Plast IPO Subscription Status
Premium Plast 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 | 510,000 / 2,283,000 | 2,283,000 | 5,076,000 |
|
Day 1
21-10-24 06:00 PM
|
(1.00 / 0.89) x | 7.27 x | 3.77 x |
|
Day 2
22-10-24 06:00 PM
|
(1.00 / 2.14) x | 17.57 x | 8.97 x |
|
Day 3
23-10-24 06:00 PM
|
(6.74 / 19.67) x | 65.37 x | 38.92 x |
Premium Plast Valuations
Earnings
- EPS Pre IPO
- ₹3.47/-
- EPS Post IPO
- ₹2.96/-
- P/E Pre IPO
- 14.11
- P/E Post IPO
- 16.57
Returns
- ROE
- 6.37%
- ROCE
- 7.88%
- RoNW
- 6.37%
- PAT Margin
- 11.64
Fundamentals
- Price / Book
- 1.98
Premium Plast Financials( In Lakhs)
| 31-Jan-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,864.76 | 2,905.45 | 2,516.95 |
| Revenue | 3,940.1 | 4,404.83 | 3,104.78 |
| Profit After Tax | 417.24 | 159.32 | 77.7 |
| Net Worth | 1,652.51 | 1,174.96 | 1,015.64 |
| Reserves & Surplus | 1,176.45 | 698.91 | 539.59 |
| Total Borrowing | 830.98 | 505.35 | 512.28 |
Premium Plast Company & Offer Insights
About Premium Plast
Premium Plast Limited was established in 1995. It designs manufactures, and supplies exterior, interior, and hood plastic parts directly to commercial vehicle manufacturers.
Premium Plast makes various injection and blow moulded plastic parts for a multitude of industries and applications. Its product lines comprise automotive, industrial plastic, and packaging parts for use in diverse industries. The company focuses on the automotive sector and has three state-of-the-art, strategically located facilities across India, churning out more than 600 auto components.
The company has three (3) strategically located manufacturing facilities, two (2) of which are located in Pithampur, Madhya Pradesh, and the third in Vasai, Maharashtra. The total installed capacity of these production facilities is 1,975 MTPA.
As of June 30, 2024, the company had a total of 39 employees.
Premium Plast Promoter(s)
Chetan Nagendra Dave, Dr. Lopa Chetan Dave are the company's promoters of Premium Plast.
Premium Plast IPO Issue Objectives
- •
- Expansion of Existing Manufacturing facility at Pithampur, Madhya Pradesh, and Purchase of Machineries
- •
- Funding of capital expenditure requirement of the Company towards Set up of Rooftop Grid Solar Power Plant at the existing Manufacturing facility
- •
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
- •
- General Corporate Purpose
- •
- Offer Related Expenses.
Premium Plast IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Premium Plast Limited | 3.35 | 3.35 | 24.7 | N/A | 13.56 | 2.04 | N/A |
| Varroc Engineering Ltd | 23.37 | 23.37 | 59.51 | 17 | 39.22 | 8.53 | N/A |
| UNO Minda Limited | 10.22 | 10.21 | 47.28 | 64.8 | 21.59 | 14.55 | N/A |
Notes:
- All the financial information for listed industry peers mentioned above is sourced from the respective company's annual reports/annual results as available for the year ended March 31, 2024, submitted to Stock Exchanges.
- Net Asset Value per Equity Share is calculated as net worth attributable to equity shareholders at the end of the Fiscal period/year divided by the weighted average number of Equity Shares used in calculating basic earnings per share.
- The P/E Ratio has been computed based on the closing market price of equity shares on NSE on December 03, 2024, divided by the Diluted EPS for the year ended March 31, 2024.
- Return on Net Worth is computed as net profit/(loss) after tax attributable to equity holders of the Company divided by Net Worth for Equity Shareholders of the Company.
Contact Information
Contact Details
Premium Plast
+91 025 0660 116
Gala No 3, Shiv Shankar Indl Est No 1, Virar City (M Corp), Valiv, Thane, Vasai - 401 208
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Premium Plast IPO is a book-built IPO worth ₹26.2 crore. The price band is ₹46–₹49 per share. The IPO opens on Oct 21, 2024 and closes on Oct 23, 2024. It will be listed on NSE. Bigshare Services Pvt Ltd is the registrar.
The price band of Premium Plast IPO is ₹46 to ₹49 per share.
The lot size of Premium Plast IPO is 3000 shares.
The minimum investment for Premium Plast IPO is approximately ₹1,47,000 based on the upper price band.
Premium Plast IPO opens on Oct 21, 2024 and closes on Oct 23, 2024.
The allotment date of Premium Plast IPO is Oct 24, 2024.
Premium Plast IPO is expected to be listed on Oct 28, 2024 on NSE SME Platform.
Premium Plast IPO valuation snapshot: P/E 16.57, EPS ₹2.96/-, P/B 1.98, RoNW 6.37%, and market cap N/A.
To apply for Premium Plast 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 Premium Plast 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 Premium Plast IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Premium Plast IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Premium Plast IPO allotment status on IPO Ji for quick and easy access.