Issue Price
₹121
Per Share
GMP
NIL
Grey Market
Est. Listing
₹121
Expected Price
Min. Application
₹242,000
2 lots × 1000 shares
Established in 2012, Ideal Technoplast Industries Limited is a manufacturer of rigid plastic packaging manufacturer offering its products to both domestic and international markets (indirectly through export companies and third parties).Ideal Technoplast offers industrial packaging solutions including round and square containers, twist containers and bottles for industries such as paints, agro, chemicals, cosmetics, adhesives, lubricants, food, and edible oil.The company has advanced manufacturing technologies, including in-house design and printing technology. The production facility in Surat spans several floors over 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 Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 67,000 | — | ₹0.81 Cr | — |
| TOTAL | 1,325,000 | 100.00% | ₹16.03 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹121,000 |
| Retail (Max) | 13 | 13,000 | ₹1,573,000 |
| sNII (Min) | 14 | 14,000 | ₹1,694,000 |
| bNII (Min) | 68 | 68,000 | ₹8,228,000 |
| Particulars | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 2424.11 | 1199.79 | 568.13 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 326.61 | 50.62 | 10.53 |
| Net Worth | 743.07 | 188.60 | 137.98 |
| Total Assets | 1508.51 | 978.00 | 356.78 |
| Reserves & Surplus | 375.57 | 48.95 | -1.67 |
| Total Borrowings | 456.89 | 586.04 | 146.56 |