Technopack is leading manufacturer, supplier of plastic and paper products for FMCG packaging.
Now Technopack is the leading rigid-flexible plastic, Paper Packaging and largest resin Importer Company with 12 years of innovative packaging product experience. World class manufacturing plants with largest warehouses for plastic resin import business in India. The Company process over 10000 tons of plastics and paper annually.
Technopack is the only company that can provide its customers with an entire range of high-quality plastic packaging solutions and leading corrugated boxes and related packaging material manufacturing company. World-class manufacturing facilities with strict quality standards ensure that products manufactured are of the highest quality and conform to all industry requirements. Using only the latest machines and moulds, Technopack can provide better efficiency and quality than other alternatives and remains the go-to supplier for medium and large scale customers.
Competitive Strengths
- Existing Customer Base
- Good orders and enquiries for the product
- Good market prospects for products
- Qualified and Experienced Promoters
- Plan to use more Automation
- Optimal Utilization of Resources
Company Promoters
- Mr. Kalpeshkumar Ishwarlal Pandya
- Mr. Chetankumar Ishvarlal Pandya
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 355.27 | 352.42 | 3.80 |
| 31 March 2021 | 615.74 | 613.37 | 1.91 |
| 31 March 2022 | 1002.87 | 705.12 | 210.83 |
| 31 July 2022 | 482.10 | 351.70 | 93.94 |
Object Of The Issue
- Part funding to purchase and set up additional SACMI CCM24S-F plant for manufacturing of HDPE Beverages Closures (Compression moulding machine fully equipped with all ancillaries)
- Additional Working Capital Requirement
- General Corporate Purpose
Technopack Polymers IPO – Details
| IPO Opening Date | 02 November 2022 |
| IPO Closing Date | 07 November 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹7.86 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Technopack Polymers IPO – Date Schedule
| IPO Open Date | 02 November 2022 |
| IPO Close Date | 07 November 2022 |
| Basis of Allotment Date | 11 November 2022 |
| Initiation of Refunds | 14 November 2022 |
| Credit of Shares to Demat Account | 15 November 2022 |
| IPO Listing Date | 17 November 2022 |
Technopack Polymers IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 2000 | 1,10,000 |
| Maximum | 1 | 2000 | 1,10,000 |
Technopack Polymers IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.51% |
Technopack Polymers IPO Prospectus
Company Contact Information
| Technopack Polymers Limited M/s Gokul Industries, Rafaleshvar Industrial Estate, Nr. Rafaleshvar Rlw. Track, Morbi, Jambudiya, Dist. Rajkot Gujarat – 363642 India Phone: +91 9099070066 Email: compliance@technopackltd.com Website: www.technopackltd.com |
Technopack Polymers IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Technopack Polymers IPO Lead Manager(s)
| 1. ISK Advisors Private Limited |
Technopack Polymers IPO FAQs
| What is Technopack Polymers IPO? Technopack Polymers IPO is a SME IPO. The issue is priced at ₹55 per equity share. The IPO is to be listed on BSE SME. |
| When Technopack Polymers IPO will open? The IPO is to open on 02 November 2022 for NII and Retail Investors. |
| What is Technopack Polymers IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Technopack Polymers IPO? You can apply Technopack Polymers 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 Technopack Polymers IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Technopack Polymers”. 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 Technopack Polymers IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Technopack Polymers”. 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 Technopack Polymers IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Technopack Polymers”. 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 Technopack Polymers IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Technopack Polymers”. 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 Technopack Polymers IPO Size? Technopack Polymers IPO size is ₹7.86 crores. |
| What is Technopack Polymers IPO Price Band? Technopack Polymers IPO Price Band is ₹55. |
| What is Technopack Polymers IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,10,000 amount while the maximum bid is 2000 shares with ₹1,10,000. |
| What is the Technopack Polymers IPO Allotment Date? Technopack Polymers IPO allotment date is 11 November 2022. |
| What is the Technopack Polymers IPO Listing Date? Technopack Polymers IPO listing date is 17 November 2022. The IPO is to list on BSE SME. |
