Issue Price
₹49
Per Share
GMP
NIL
Grey Market
Est. Listing
₹49
Expected Price
Min. Application
₹294,000
2 lots × 3000 shares
Premium Plast Limited was founded in 1995 and designs, manufactures, and supplies exterior, interior, and hood plastic parts directly to commercial vehicle manufacturers.Premium Plast manufactures various injection and blow moulded plastic parts for a wide range of industries and applications. The company's product portfolio includes automotive parts, industrial plastic parts, and packaging components used in a variety of industries. Premium Plast specializes in the manufacture of automotive parts and produces over 600 components in three state-of-the-art, strategically located facilities in India.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.Competitive strengths:Long-standing relationships with established customers, with the potential to expand the customer baseThe company offers a wide range of specialized plastic products for various customer segmentsRobust design optimization capabilitiesSustainable business developmentExisting customer and supplier relationshipsStrategic location of production unitsCertifications according to quality standards and quality inspectionsExperienced promoters and an experienced management teamAs of June 30, 2024, the company had a total of 39 employees.
Premium Plast Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 270,000 | — | ₹1.32 Cr | — |
| TOTAL | 5,346,000 | 100.00% | ₹26.20 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹147,000 |
| Retail (Max) | 13 | 39,000 | ₹1,911,000 |
| sNII (Min) | 14 | 42,000 | ₹2,058,000 |
| bNII (Min) | 68 | 204,000 | ₹9,996,000 |
| Particulars | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 1212.81 | 4670.59 | 4404.83 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 141.16 | 477.55 | 159.32 |
| Net Worth | 2216.67 | 1652.51 | 1174.96 |
| Total Assets | 4006.31 | 3809.23 | 2905.45 |
| Reserves & Surplus | 841.56 | 1176.45 | 698.91 |
| Total Borrowings | 506.84 | 830.98 | 505.35 |