Premium Plast Limited IPO

NSE SME

Listed On: Oct 28, 2024 at ₹ 51.45

₹ 147000 /3000 Shares

Check Allotment

Premium Plast IPO Details

21 Oct, 2024

Open Date

23 Oct, 2024

Close Date

24 Oct, 2024

Allotment Date

28 Oct, 2024

Listing Date

Issue Price

₹46-49 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

51.45

Listing Date

2024-10-28

Market Lot

3000 Shares (₹147,000/-)

Lead Manager

Khandwala Securities Limited

Issue Size

5,346,000 shares(aggregating up to ₹26.20 Cr)

Retail Portion

35%

Subscription

38.92 times

IPO Docs

DRHP RHP

Premium Plast IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	510,000 / 2,283,000	2,283,000	5,076,000
Day 1 - 21-10-24 06:00 PM	1.00 / 0.89 x	7.27 x	3.77 x
Day 2 - 22-10-24 06:00 PM	1.00 / 2.14 x	17.57 x	8.97 x
Day 3 - 23-10-24 06:00 PM	6.74 / 19.67 x	65.37 x	38.92 x

Total No. of Applications: 49,743 (Approx)

Premium Plast Valuations

EPS Pre IPO

₹3.47/-

EPS Post IPO

₹2.96/-

P/E Pre IPO

14.11

P/E Post IPO

16.57

RoNW

6.37%

Premium Plast Company Financials All values are in ₹ Lakh

	31-Jan-24	31-Mar-23	31-Mar-22
Assets	3,864.76	2,905.45	2,516.95
Revenue	3,940.1	4,404.83	3,104.78
Profit After Tax	417.24	159.32	77.7

About The Company

Premium Plast Limited 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.

Premium Plast - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Chetan Nagendra Dave
Dr. Lopa Chetan Dave

Premium Plast IPO - Issue Objectives

Expansion of Existing Manufacturing facility at Pithampur, Madhya Pradesh, and Purchase of Machineries
Funding of capital expenditure requirement of the Company towards Set up of Rooftop Grid Solar Power Plant at the existing Manufacturing facility
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
General Corporate Purpose
Offer Related Expenses.

Premium Plast IPO - FAQs

Ans. Premium Plast Limited IPO is a SME IPO. The issue is priced at ₹46-49 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Oct 21, 2024, and closes on Oct 23, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Premium Plast Limited IPO opens on Oct 21, 2024 and closes on Oct 23, 2024.

Ans. The size of Premium Plast Limited IPO is 5,346,000 shares(aggregating up to ₹26.20 Cr).

Ans. The IPO price band is set between ₹46-49 per equity share.

Ans. To apply for Premium Plast Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Premium Plast 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 Premium Plast Limited IPO is Oct 24, 2024.

Ans. The Premium Plast Limited IPO will be listed on Oct 28, 2024.

Ans. Follow the steps to check the allotment status for Premium Plast Limited IPO here.