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Open
21 Aug 2024
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Close
23 Aug 2024
3
Allotment
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Listing
Wed, Aug 28, 2024
Price Band
₹121 per share
Issue Size
13,25,000 shares (agg. up to ₹16 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Aug 28, 2024
Latest GMP
₹20
Est. Gain
16.53%
✦ AI Insight
GMP Trend
28-08-2024₹20Est. ₹141+16.53%
27-08-2024₹20Est. ₹141+16.53%
26-08-2024₹15Est. ₹136+12.4%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 111.82x |
Restated Financials (₹ Cr.)
| Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 15.09 | 9.78 | 3.57 | 3.01 |
| Total Income | 24.24 | 12.00 | 5.68 | 5.69 |
| Profit After Tax | 3.27 | 0.51 | 0.11 | 0.10 |
| NET Worth | 7.43 | 1.89 | 1.38 | 1.27 |
| Reserves and Surplus | 3.76 | 0.49 | -0.02 | -0.12 |
| Total Borrowing | 4.57 | 5.86 | 1.47 | 1.19 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bulkcorp International Ltd. | SME | ₹20.78 Cr | ₹105 | 16.33 | ₹136.50 | +30.00% | ₹55.00 (-2.14%) |
| Sati Poly Plast Ltd. | SME | ₹17.36 Cr | ₹130 | 14.29 | ₹259.35 | +99.50% | ₹39.15 (+4.96%) |
| GSM Foils Ltd. | SME | ₹11.01 Cr | ₹32 | 20.98 | ₹33.60 | +5.00% | ₹261.00 (-0.93%) |
| Purv Flexipack Ltd. | SME | ₹40.21 Cr | ₹71 | 13.17 | ₹247.00 | +247.89% | ₹48.00 (-1.64%) |
| Kahan Packaging Ltd. | SME | ₹5.76 Cr | ₹80 | 7.74 | ₹159.60 | +99.50% | ₹78.70 (-5.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Capital Expenditure; | 13.63 |
| 2 | General Corporate Purpose | 0.80 |
About Ideal Technoplast IPO
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.+ Read More
Contact Details
Ideal Technoplast Industries Ltd. AddressPlot No.1 to 4 and 78 to 81Block No.572 & 572/B Madhav Industrial EstateVill: Olpad, Ta: OlpadSurat, Gujarat, 3945400261-2769409cs@idealtechnoplast.comVisit Website