Premium Plast Limited IPO
NSE SMEListed On: Oct 28, 2024 at ₹ 51.45
₹ 147000 /3000 Shares
Check Allotment21 Oct, 2024
Open Date23 Oct, 2024
Close Date24 Oct, 2024
Allotment Date28 Oct, 2024
Listing DateIssue Price
₹46-49 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
51.45Listing Date
2024-10-28Market Lot
3000 Shares (₹147,000/-)Lead Manager
Khandwala Securities LimitedIssue Size
5,346,000 shares(aggregating up to ₹26.20 Cr)Retail Portion
45%Subscription
38.92 times
The IPO of Premium Plast is priced at ₹46-49 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.
Premium Plast IPO bid opening date is from Oct 21, 2024 and the bid closing date was Oct 23, 2024.
Premium Plast IPO allotment result will be available on Oct 24, 2024. The tentative listing date for Premium Plast is Oct 28, 2024.
The total issue size is 5,346,000 shares(aggregating up to ₹26.20 Cr).
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 |
Premium Plast Valuations
EPS Pre IPO
₹3.47/-EPS Post IPO
₹2.96/-P/E Pre IPO
14.11P/E Post IPO
16.57ROE
6.37%ROCE
7.88%RoNW
6.37%PAT Margin
11.64Price to Book Value
1.98Premium 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 |
| Net Worth | 1,652.51 | 1,174.96 | 1,015.64 |
| Reserves & Surplus | 1,176.45 | 698.91 | 539.59 |
| Total Borrowing | 830.98 | 505.35 | 512.28 |
About The Company
Premium Plast Limited was established in 1995. It designs manufactures, and supplies exterior, interior, and hood plastic parts directly to commercial vehicle manufacturers.
Premium Plast makes various injection and blow moulded plastic parts for a multitude of industries and applications. Its product lines comprise automotive, industrial plastic, and packaging parts for use in diverse industries. The company focuses on the automotive sector and has three state-of-the-art, strategically located facilities across India, churning out more than 600 auto components.
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.
As of June 30, 2024, the company had a total of 39 employees.
Premium Plast - Promoter(s)
Pre Issue Share Holding: 95.45%
Post Issue Share Holding: 68.73%
- 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.
Other Details
Premium Plast
Gala No 3, Shiv Shankar Indl Est No 1, Virar City (M Corp), Valiv, Thane, Vasai - 401 208Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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.
