Ideal Technoplast Industries Limited
Fixed Price IPO · NSE
- Price band
- ₹121 - ₹121
- Lot size
- 1,000 shares
- Issue amount
- ₹16.03 cr
- Total subscription
- 112.09×
- Opens
- 21 Aug 2024
- Closes
- 23 Aug 2024
- Allotment
- 26 Aug 2024
- Listing
- 28 Aug 2024
Offer at a glance
Issue overview
- Issue size
- 13,25,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,21,000
- Fresh issue
- ₹16.03 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,21,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 36,75,000
- Shares after issue
- 50,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,21,000 |
| HNI | 2 | 2,000 | ₹2,42,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 7.64 | 879.62 |
| NIB | 7.59 | 826.51 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Feb-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 23.29 | 3.63 | 0.75 |
| ROE | 43.95 | 26.84 | 7.63 |
| ROCE | 32.95 | 12.09 | 9.05 |
| RONW | 26.84 | 7.63 | 7.7 |
| PRE IPO(PE) | 12.47 | 0 | 0 |
| POST IPO(PE) | 16.98 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Ideal Technoplast Industries Limited, founded in 2012 and based in Surat, specializes in manufacturing high-quality rigid plastic packaging solutions for both domestic and international markets. With a modern 20,000 sq. ft. facility equipped with advanced technology and automated production, the company offers a wide range of packaging products, including round and square containers, twist containers, and bottles. Their products cater to industries such as paints, chemicals, cosmetics, food, and lubricants. Backed by in-house design and printing capabilities, Ideal Technoplast ensures efficient and high-quality production. As of March 2024, the company has a dedicated team of 28 professionals.
Strengths
- Experienced Leadership: The company is guided by a skilled and knowledgeable team, ensuring smart strategies and smooth operations.
- Varied Packaging Solutions: Ideal Technoplast provides a wide range of rigid plastic packaging products, serving different industries and customer needs.
- Advanced Manufacturing: With state-of-the-art technology, including in-house design and automation, the company guarantees high-quality and efficient production.
Risk factors
- Reliance on Key Customers: The company depends on a few major clients, so losing any of them could greatly affect revenue and operations.
- Limited Geographic Reach: Since business is concentrated in a few states, any restrictions or issues in these areas could disrupt operations and earnings.
- Supplier Dependence: The company relies on a few key suppliers for raw materials, so losing one could impact production and overall business stability.
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
Registrar & documents
Lead manager
Swastika Investmart Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 1 to 4 and 78 to 81, Block No. 572 & 572/B Madhav Industrial Estate, Vill. Olpad, Ta.Olpad, Surat - 3945
0261-2769409
[email protected]Company website ↗Understanding IDEALTECHO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.