Ideal Technoplast Industries IPO Subscription Status, Rate

Ideal Technoplast Industries IPO
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Ideal Technoplast Industries IPO Subscription Status: Ideal Technoplast Industries IPO 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 is 1,325,000 shares (Approx ₹16.03 Cr).

  • The Retail Quota is 50%
  • QIB is -%
  • NII is 50%

Ideal Technoplast Industries IPO is an SME IPO and Listed on NSE SME. Ideal Technoplast Industries IPO Price Band is Fixed at ₹121 Equity Share. Ideal Technoplast Industries IPO Lot Size is 1000 Shares.

Also Read: Ideal Technoplast Industries IPO Details Today, Date, Price, GMP, Review

Ideal Technoplast Industries IPO Subscription Status, Rate bid times

Inv Category Shares Reserved No. of Shares bid for No. of Times (Subscription)
Non Institutional Buyers (NIIs) 6,29,000 6,82,40,000 108.49
Retail Individual Buyers (RIIs) 6,29,000 7,26,94,000 115.57
Market Maker 67,000 67,000 1
Total 12,58,000 14,68,70,000 116.75

Ideal Technoplast Industries IPO Subscription Status day-by-day-

Categories 21 Aug 22 Aug 23 Aug
QIB 0.00 0.00 0.00
NII 2.29 3.47 108.49
RII 8.74 19.52 115.57
Total 5.51 11.49 116.75

About  IPO :

Ideal Technoplast Industries 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 holdings Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

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