Ideal Technoplast Industries IPO Details Today, Date, Price, GMP, Review

Ideal Technoplast Industries IPO
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Ideal Technoplast Industries IPO details : Ideal Technoplast Industries IPO details is Open on 21 August 2024 and Close on 23 August 2024. Ideal Technoplast Industries IPO to Raise 1,325,000 shares (Approx ₹16.03 Cr) via IPO. The Fresh issue of 1,325,000 shares (Approx ₹16.03 Cr).

Our Company stands as a prominent manufacturer and supplier of rigid plastic packaging. Our company is also export globally (indirectly through export houses and third parties). They provide industrial packaging solutions catering to various sectors such as paints, agro, chemicals, cosmetics, adhesives, lubricants, food and edible oil.

Our Product Portfolio :-

  • Plastic Container
  • Plastic Bucket
  • Plastic Bottle
  • SQUARE BUCKET
  • cashew bucket

Surat facility spans multiple stories, covering an area of 20,000 sq. ft., and features advanced technology, including a fully automated plant. Our Company have In-Mould Labelling (IML) via robotic automation that has led to industry-leading output capacity. It also have specialized units like production, R&D, quality control, and automated screen printing. It do quality testing, beginning from raw material sourcing to the final product, encompassing tests like weight checks, drop tests, finishing evaluations, and leak tests.

Our Company offers a wide range of rigid plastic packaging solutions with advanced manufacturing technologies along with In-House Design & Printing Technology and we have specialization in manufacturing square packaging containers, known for their ruggedness, durability, and ease of handling heavy items, has positioned it as a trusted and recognized player in the market.

Ideal Technoplast Industries IPO Date & Price Band Details

IPO Open Date 21 Aug 2024
IPO Close Date 23 Aug 2024
IPO Size 1,325,000 shares (Approx ₹16.03 Cr)
Fresh Issue 1,325,000 shares (Approx ₹16.03 Cr)
Lot Size 1000 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹121 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 50%
IPO QIB Quota -%
IPO NII Quota 50%
DRHP Draft Click Here
Anchor Investor Click Here

Ideal Technoplast Industries IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1000 ₹121,000
Retail Maximum 1 1000 ₹121,000
S-HNI Minimum 2 2000 ₹242,000

Object of the Issue

  1.  To Meet Capital Expenditure.
  2.  General Corporate Purpose.

Ideal Technoplast Industries IPO Allotment & Listings (Details)

IPO Open Date 21 Aug 2024
IPO Close Date 23 Aug 2024
Basis of Allotment 26 Aug 2024
Refunds 27 Aug 2024
Credit to Demat Account 27 Aug 2024
IPO Listing Date 28 Aug 2024

Ideal Technoplast Industries Financial Reports

₹ in Crores
Year Revenue Expense PAT
Feb 2024 ₹9.11 ₹7.64 ₹1.35
2023 ₹12.00 ₹11.48 ₹0.51
2022 ₹5.68 ₹5.59 ₹0.11
2021 ₹5.69 ₹5.59 ₹0.10

Our Company Promoters

  1. Mr. Prafulbhai Karshanbhai Vaghasia
  2. Mrs. Vaishnavi Prafulbhai Vaghasiya
  3. Mr. Vipulbhai Dulabhai Mendapara
  4. Mrs. Mitulaben Vipulbhai Mendapara
  5. Mr. Gauravbhai Chhaganbhai Gopani
  6. Mrs. Ashaben Gauravbhai Gopani

Qualitative Factors

  • Experienced Promoter and Management Team.
  • Diversified Range of rigid plastic packaging solutions.
  • Advanced Manufacturing Technologies.
  • Automated Precision.
  • High Customer Retention.
  • Specialization in Square Packaging.
  •  In-House Design and Printing Technology.

Ideal Technoplast Industries Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Lakhs)
Mold-Tek Packaging Limited 5.00 24.40 34.41 14.40 168.46 73,130.11
Time Technoplast Limited 1.00 9.69 28.38 9.61 102.92 4,29,319.00
TPL Plastech Limited 2.00 2.06 46.82 13.89 14.79 27,184.24

Comparison of Accounting Ratios with Listed Peer Group Companies

  • Mold-Tek Packaging Limited.
  • Time Technoplast Limited.
  • TPL Plastech Limited.

Also Read: Qvc Exports IPO

Ideal Technoplast Industries Company Contact Details

Plot No. 1 To 4 and 78 To 81, Block No.572 & 572/Bmadhav Industrial
Estate, Vill.Olpad, Ta.Olpad, Surat, Olpad, Surat, Olpad, Gujarat, India,
394540
Telephone No.: 0261-2769409
Website: www.idealtechnoplasts.com
E-Mail: cs@idealtechnoplast.com
Contact Person: Prafulkumar Karsanbhai Vaghasiya

Ideal Technoplast Industries Lead Manager

SWASTIKA INVESTMART LIMITED
Flat No18 Floor 2 North Wing Madhaveshwar Coop Hsg Society Ltd
Madhav Nagar, 11/12 S V Road Andheri W Mumbai Mumbai City – 400058
(Maharashtra).
Merchant Banking Division Address: 48 Jaora Compound, M.Y.H Road, Indore (MP) – 452001
Telephone Number: +91-22-26254568-69 / 0731-6644244
Email Id: merchantbanking@swastika.co.in
Investors Grievance Id: mb.investorgreivance@swastika.co.in
Website: www.swastika.co.in
Contact Person: Mr. Mohit R. Goyal

Ideal Technoplast Industries IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 – 2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri – East, Mumbai – 400093, Maharashtra, India,
Tel. Number: +91 22 6263 8200
Email Id: ipo@bigshareonline.com
Investors Grievance Id: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Babu Rapheal C.

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