Premium Plast Limited
Bookbuilding IPO · NSE
- Price band
- ₹46 - ₹49
- Lot size
- 3,000 shares
- Issue amount
- ₹26.2 cr
- Total subscription
- 38.93×
- Opens
- 21 Oct 2024
- Closes
- 23 Oct 2024
- Allotment
- 24 Oct 2024
- Listing
- 28 Oct 2024
Offer at a glance
Issue overview
- Issue size
- 53,46,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,38,000
- Fresh issue
- ₹26.2 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,47,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,37,51,100
- Shares after issue
- 1,90,97,100
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,47,000 |
| HNI | 2 | 6,000 | ₹2,94,000 |
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 |
|---|---|---|
| QIB | — | 3 |
| NIB | — | 4,070 |
| RETAIL | — | 49,746 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 2.5 | 16.83 |
| RETAIL | 11.19 | 731.27 |
| NIB | 11.19 | 220.13 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 1.03 | 10.03 | 3.35 |
| ROE | 6.37 | 28.9 | 13.56 |
| ROCE | 7.88 | 28.01 | 13.95 |
| RONW | 6.37 | 28.9 | 13.56 |
| PRE IPO(PE) | 14.11 | 0 | 0 |
| POST IPO(PE) | 16.57 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Premium Plast Limited, established in 1995, is a trusted manufacturer of plastic components for commercial vehicles. The company designs and produces a wide range of injection and blow-moulded plastic parts used in automotive, industrial, and packaging applications. With a strong focus on the automotive sector, it offers over 600 different components from its three modern manufacturing plants—two in Pithampur, Madhya Pradesh, and one in Vasai, Maharashtra. Together, these facilities have a production capacity of 1,975 MTPA. As of June 30, 2024, Premium Plast had a dedicated team of 39 employees, ensuring smooth operations and high-quality products.
Strengths
- Strong Customer Base: Long-standing relationships with major commercial vehicle manufacturers support stability and future growth.
- Wide Product Range: Diverse specialized plastic products help the company serve multiple industries effectively.
- Design Excellence: Advanced design and optimization capabilities enable customized, efficient solutions for clients.
Risk factors
- Customer Dependence: Heavy reliance on a few major clients without long-term contracts increases revenue risk.
- Automotive Concentration: Significant dependence on the automotive molding segment makes the business vulnerable to market downturns.
- Margin Pressure: Continuous pricing pressure from customers may limit price increases and impact profitability.
Promoters
Chetan Nagendra Dave
Dr. Lopa Chetan Dave
Registrar & documents
Lead manager
Khandwala Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Gala No 3, Shiv Shankar Indl Est No 1, Virar City (M Corp), Valiv, Thane, Vasai - 401 208
+91 025 0660 116
[email protected]Company website ↗Understanding PREMIUM 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.