Ideal Technoplast Industries Limited IPO

NSE SME

Listed On: Aug 28, 2024 at ₹ 132.1

₹ 121000 /1000 Shares

Check Allotment

Ideal Technoplast Industries IPO Details

21 Aug, 2024

Open Date

23 Aug, 2024

Close Date

26 Aug, 2024

Allotment Date

28 Aug, 2024

Listing Date

Issue Price

₹121 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

132.1

Listing Date

2024-08-28

Market Lot

1000 Shares (₹121,000/-)

Lead Manager

Swastika Investmart Ltd

Issue Size

1,325,000 shares(aggregating up to ₹16.03 Cr)

Retail Portion

50%

Subscription

112.08 times

IPO Docs

DRHP

The IPO of Ideal Technoplast Industries is priced at ₹121 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Ideal Technoplast Industries IPO bid opening date is from Aug 21, 2024 and the bid closing date was Aug 23, 2024.
Ideal Technoplast Industries IPO allotment result will be available on Aug 26, 2024. The tentative listing date for Ideal Technoplast Industries is Aug 28, 2024.

The total issue size is 1,325,000 shares(aggregating up to ₹16.03 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	629,000	629,000	1,258,000
Day 1 - 21-08-24 06:00 PM	2.29 x	8.74 x	5.51 x
Day 2 - 22-08-24 06:00 PM	3.47 x	19.52 x	11.49 x
Day 3 - 23-08-24 06:00 PM	108.60 x	115.57 x	112.08 x

Total No. of Applications: 72,694 (Approx)

Ideal Technoplast Industries Valuations

EPS Pre IPO

₹1.38/-

EPS Post IPO

₹2.95/-

P/E Pre IPO

87.85

P/E Post IPO

40.96

ROE

43.95

ROCE

32.95

RoNW

43.95

PAT Margin

13.47

Price to Book Value

5.98

Ideal Technoplast Industries Company Financials All values are in ₹ Lakh

	29-Feb-24	31-Mar-23	31-Mar-22
Assets	1,508.51	978.00	356.78
Revenue	2,424.11	1,199.79	568.13
Profit After Tax	326.61	50.62	10.53
Net Worth	743.07	188.6	137.98
Reserves & Surplus	375.57	48.95	-1.67
Total Borrowing	456.89	586.04	146.56

About The Company

Ideal Technoplast Industries Limited was established in 2012 and is a rigid plastic packaging manufacturer, offering its products to both the domestic and international markets (indirectly through export companies and third parties).

Ideal Technoplast offers industrial packaging solutions in round and square containers, twist containers and bottles for industries like paints, agro, chemicals, cosmetics, adhesives, lubricants, food, and edible oil.

The company has advanced manufacturing technologies, which include in-house design and printing technology. The production facility is spread over multiple floors in 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 - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.50%

Company Promoter(s)

Mr. Prafulbhai Karshanbhai Vaghasia, Mrs. Vaishnavi Prafulbhai Vaghasiya, Mr. Vipulbhai Dulabhai Mendapara, Mrs. Mitulaben Vipulbhai Mendapara, Mr. Gauravbhai Chhaganbhai Gopani, and Mrs. Ashaben Gauravbhai Gopani

Ideal Technoplast Industries IPO - Issue Objectives

To Meet Capital Expenditure
General Corporate Purpose.

Other Details

Company Contact Details

Ideal Technoplast Industries

Plot No. 1 to 4 and 78 to 81, Block No. 572 & 572/B Madhav Industrial Estate, Vill. Olpad, Ta.Olpad, Surat - 3945

Phone: 0261-2769409

Email: cs@idealtechnoplast.com

Website: http://www.idealtechnoplasts.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Ideal Technoplast Industries IPO - FAQs

Ans. Ideal Technoplast Industries Limited IPO is a SME IPO. The issue is priced at ₹121 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Aug 21, 2024, and closes on Aug 23, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Ideal Technoplast Industries Limited IPO opens on Aug 21, 2024 and closes on Aug 23, 2024.

Ans. The size of Ideal Technoplast Industries Limited IPO is 1,325,000 shares(aggregating up to ₹16.03 Cr).

Ans. The IPO price band is set between ₹121 per equity share.

Ans. To apply for Ideal Technoplast Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Ideal Technoplast Industries Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Ideal Technoplast Industries Limited IPO is Aug 26, 2024.

Ans. The Ideal Technoplast Industries Limited IPO will be listed on Aug 28, 2024.

Ans. Follow the steps to check the allotment status for Ideal Technoplast Industries Limited IPO here.