Ideal Technoplast IPO Details: Ideal Technoplast IPO date is fixed, The IPO will open on August 21 and will close on August 23. Ideal Technoplast is a NSE SME IPO to raise ₹16.03 crores via IPO. The Ideal Technoplast IPO price band is fixed at ₹121 with a market lot of 1000 shares.
Ideal Technoplast Industries is a manufacturer and supplier of rigid plastic packaging, with a presence in both domestic and international markets (indirectly through export houses and third parties). They provide industrial packaging solutions for sectors such as paints, agro, chemicals, cosmetics, adhesives, lubricants, food, and edible oil. Their Surat facility spans multiple stories, covering an area of 20,000 sq. ft., and features advanced technology, including a fully automated plant. They employ In-Mould Labelling (IML) via robotic automation that enhances their output capacity. Additionally, they have specialized units for production, R&D, quality control, and automated screen printing. Their quality testing procedures cover everything from raw material sourcing to the final product, including weight checks, drop tests, finishing evaluations, and leak tests.
The company offers a range of rigid plastic packaging solutions with advanced manufacturing technologies, including In-House Design & Printing Technology. They specialize in manufacturing square packaging containers known for their ruggedness, durability, and ease of handling heavy items. The technology used for manufacturing these containers includes fully automatic machines with robotic arms, reducing human intervention throughout the manufacturing process. These machines feature in-mold labeling technology and Heat Transfer Mould Labeling Technology, allowing direct printing on the containers instead of applying labels. This ensures standardized finished products and maintains desired quality while increasing production efficiency. Their specialization in square container manufacturing is supported by custom-designed molds tailored to meet customer requirements.
Objects of the Issue:
- To Meet Capital Expenditure;
- General Corporate Purpose.
Ideal Technoplast IPO Review
- May Apply
Ideal Technoplast IPO Date & Price Band Details
| IPO Open: | August 21, 2024 |
| IPO Close: | August 23, 2024 |
| IPO Size: | Approx ₹16.03 Crores, 13,25,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹121 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Ideal Technoplast IPO Market Lot
The Ideal Technoplast IPO minimum market lot is 1000 shares with a ₹121,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹121,000 |
| Retail Maximum | 1 | 1000 | ₹121,000 |
| S-HNI Minimum | 2 | 2000 | ₹242,000 |
Ideal Technoplast IPO Dates
The Ideal Technoplast IPO date is August 21 and the IPO close date is August 23. The IPO allotment date is August 26 and the IPO might list on August 28.
| IPO Open Date: | August 21, 2024 |
| IPO Close Date: | August 23, 2024 |
| Basis of Allotment: | August 26, 2024 |
| Refunds: | August 27, 2024 |
| Credit to Demat Account: | August 27, 2024 |
| IPO Listing Date: | August 28, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Ideal Technoplast IPO Form
How to apply Ideal Technoplast IPO? You can apply Ideal Technoplast IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ideal Technoplast IPO in the Invest section. The other option you can apply Ideal Technoplast IPO via IPO forms download via the NSE website. Check out the Ideal Technoplast forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Ideal Technoplast Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹5.69 | ₹5.59 | ₹0.10 |
| 2022 | ₹5.68 | ₹5.59 | ₹0.11 |
| 2023 | ₹12.00 | ₹11.48 | ₹0.51 |
| Feb 2024 | ₹24.24 | ₹21.01 | ₹3.27 |
Ideal Technoplast IPO Valuation – FY2023
Check Ideal Technoplast IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.63 per Equity Share |
| Price/Earning P/E Ratio: | 3.63 |
| Return on Net Worth (RoNW): | 26.84% |
| Net Asset Value (NAV): | ₹13.51 per Equity Share |
Peer Group
- Mold-Tek Packaging Limited
- Time Technoplast Limited
- TPL Plastech Limited
Company Promoters
- Mr. Prafulbhai Karshanbhai Vaghasia
- Mrs. Vaishnavi Prafulbhai Vaghasiya
- Mr. Vipulbhai Dulabhai Mendapara
- Mrs. Mitulaben Vipulbhai Mendapara
- Mr. Gauravbhai Chhaganbhai Gopani
- Mrs. Ashaben Gauravbhai Gopani
Ideal Technoplast IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Ideal Technoplast IPO Allotment Status
Check Ideal Technoplast IPO allotment status on Bigshare website URL. Click Here
Ideal Technoplast IPO Lead Managers aka Merchant Bankers
- Swastika Investmart Limited
Company Address
Ideal Technoplast Industries Limited
Plot No. 1 to 4 and 78 to 81, Block No.572 & 572/B
Madhav Industrial Estate, Vill. Olpad,
Ta. Olpad, Surat, Gujarat, India, 394540
Phone: 0261-2769409
E-mail: cs@idealtechnoplast.com
Website: www.idealtechnoplast.in
Ideal Technoplast IPO FAQs
What is Ideal Technoplast IPO?
Ideal Technoplast IPO is an NSE SME IPO. They are going to raise ₹16.03 Crores via IPO. The issue is priced at ₹121 per equity share. The IPO is to be listed on NSE.
When Ideal Technoplast IPO will open?
The IPO is to open on August 21, 2024 for QIB, NII, and Retail Investors.
What is Ideal Technoplast IPO Investors Portion?
The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.
How to Apply the Ideal Technoplast IPO?
You can apply Ideal Technoplast IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
