Ideal Technoplast Industries Limited is a manufacturer of rigid plastic packaging manufacturer offering its products to both domestic and international markets (indirectly through export companies and third parties).
Ideal Technoplast offers industrial packaging solutions including round and square containers, twist containers and bottles for industries such as paints, agro, chemicals, cosmetics, adhesives, lubricants, food, and edible oil.
The company has advanced manufacturing technologies, including in-house design and printing technology. The production facility in Surat spans several floors over an area of 20,000 sq. ft., and has state-of-the-art technology, including a fully automated line.
As of 31st March, 2024, the company has a total of 28 employees.
Ideal Technoplast Industries IPO – Details
| IPO Opening Date | 21 August 2024 |
| IPO Closing Date | 23 August 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 13,25,000 Shares Worth ₹16.03 Crore Fresh Issue: 13,25,000 Shares Worth ₹16.03 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹121 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Ideal Technoplast Industries IPO – Date Schedule
| IPO Open Date | 21 August 2024 |
| IPO Close Date | 23 August 2024 |
| Basis of Allotment | 26 August 2024 |
| Initiation of Refund | 27 August 2024 |
| Credit of Shares to Demat Account | 27 August 2024 |
| IPO Listing Date | 28 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 23, 2024 |
Ideal Technoplast Industries IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,21,000 |
| Retail (Max) | 1 | 1000 | ₹1,21,000 |
| HNI (Min) | 2 | 2000 | ₹2,42,000 |
Competitive Strengths
- Experienced Promoter and Management Team;
- Diversified Range of rigid plastic packaging solutions;
- Advanced Manufacturing Technologies;
- Automated Precision;
- High Customer Retention;
- Specialization in Square Packaging; and
- In-House Design and Printing Technology.
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
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 5.69 | 5.58 | 0.09 | 1.18 |
| 31 March 2022 | 5.68 | 5.59 | 0.10 | 1.46 |
| 31 March 2023 | 11.99 | 11.48 | 0.50 | 5.86 |
| 31 March 2024 | 24.24 | 21.01 | 3.26 | 4.56 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 43.95 |
| ROCE | 32.95 |
| RoNW | 43.95 |
| P/BV | 5.98 |
| PAT Margin (%) | 13.47 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 9.70 | 7.13 |
| P/E (x) | 12.47 | 16.98 |
Object Of The Issue
- To Meet Capital Expenditure;
- General corporate purposes.
Ideal Technoplast Industries IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.50% |
Ideal Technoplast Industries IPO Prospectus
Company Contact Information
| 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 – 3945 Phone: 0261-2769409 Email: cs@idealtechnoplast.com Website: http://www.idealtechnoplasts.com/ |
Ideal Technoplast Industries IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Ideal Technoplast Industries IPO Lead Manager(s)
| 1. Swastika Investmart Ltd |
Ideal Technoplast Industries IPO FAQs
| What is Ideal Technoplast Industries IPO? Ideal Technoplast Industries IPO is a SME IPO. The issue is priced at ₹121 per equity share. The IPO is to be listed on NSE SME. |
| When Ideal Technoplast Industries IPO will open? The IPO is to open on 21 August 2024 for QIB, NII, and Retail Investors. |
| What is Ideal Technoplast Industries IPO Investors Portion? The investors’ portion for Retail – 50%, Other – 50%. |
| How to Apply the Ideal Technoplast Industries IPO? You can apply Ideal Technoplast Industries 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. |
| How to Apply the Ideal Technoplast Industries IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Ideal Technoplast Industries IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Ideal Technoplast Industries IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Ideal Technoplast Industries IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Ideal Technoplast Industries IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ideal Technoplast Industries IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Ideal Technoplast Industries IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Ideal Technoplast Industries IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Ideal Technoplast Industries IPO Size? Ideal Technoplast Industries IPO size is ₹16.03 Crore. |
| What is Ideal Technoplast Industries IPO Price Band? Ideal Technoplast Industries IPO Price Band is ₹121. |
| What is Ideal Technoplast Industries IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1000 Shares with ₹1,21,000 amount while the maximum bid is 1000 Shares with ₹1,21,000. |
| What is the Ideal Technoplast Industries IPO Allotment Date? Ideal Technoplast Industries IPO allotment date is 26 August 2024. |
| What is the Ideal Technoplast Industries IPO Listing Date? Ideal Technoplast Industries IPO listing date is 28 August 2024. The IPO is to be listed on NSE SME. |
