Ideal Technoplast Industries IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 21 to Aug 23 2024
Price Band
₹121
Current GMP
₹132.1(9.17%)
Subscription
116.75 times
IPO Details
| IPO Date | August 21, 2024 to August 23, 2024 |
| Listing Date | Wednesday, August 28, 2024 |
| Face Value | ₹10 per share |
| Price | ₹121 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,325,000 shares (aggregating up to ₹16.03 Cr) |
| Fresh Issue | 1,325,000 shares (aggregating up to ₹16.03 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,675,000 |
| Share holding post issue | 5,000,000 |
| Market Maker portion | 67,000 shares Sunflower Broking |
IPO Date
August 21, 2024 to August 23, 2024
Listing Date
Wednesday, August 28, 2024
Face Value
₹10 per share
Price
₹121 per share
Lot Size
1000 Shares
Total Issue Size
1,325,000 shares (aggregating up to ₹16.03 Cr)
Fresh Issue
1,325,000 shares (aggregating up to ₹16.03 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
3,675,000
Share holding post issue
5,000,000
Market Maker portion
67,000 shares Sunflower Broking
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 108.49 |
| Retail Investors | 115.57 |
| Total ** | 116.75 |
Market Maker
1
Non-Institutional Buyers***
108.49
Retail Investors
115.57
Total **
116.75
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Aug 21, 2024 | 2.29 | 8.74 | 5.51 |
| Day 2 Aug 22, 2024 | 3.47 | 19.52 | 11.49 |
| Day 3 Aug 23, 2024 | 108.49 | 115.57 | 116.75 |
DayDay 1
Aug 21, 2024
NII*2.29
Retail8.74
Total5.51
DayDay 2
Aug 22, 2024
NII*3.47
Retail19.52
Total11.49
DayDay 3
Aug 23, 2024
NII*108.49
Retail115.57
Total116.75
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 28-08-2024 | 121.00 | 20(16.53%) | 141 |
| 27-08-2024 | 121.00 | 20(16.53%) | 141 |
| 26-08-2024 | 121.00 | 15(12.4%) | 136 |
| 25-08-2024 | 121.00 | 15(12.4%) | 136 |
| 24-08-2024 | 121.00 | 15(12.4%) | 136 |
| 23-08-2024 | 121.00 | 15(12.4%) | 136 |
| 22-08-2024 | 121.00 | 15(12.4%) | 136 |
| 21-08-2024 | 121.00 | 15(12.4%) | 136 |
| 20-08-2024 | 121.00 | 15(12.4%) | 136 |
| 19-08-2024 | 121.00 | 0(0.0%) | 121 |
| 18-08-2024 | 121.00 | 0(0.0%) | 121 |
| 17-08-2024 | 121.00 | 0(0.0%) | 121 |
| 16-08-2024 | 121.00 | 0(0.0%) | (0%) |
Date28-08-2024
Price121.00
GMP20(16.53%)
Estimate List Price141
Date27-08-2024
Price121.00
GMP20(16.53%)
Estimate List Price141
Date26-08-2024
Price121.00
GMP15(12.4%)
Estimate List Price136
Date25-08-2024
Price121.00
GMP15(12.4%)
Estimate List Price136
Date24-08-2024
Price121.00
GMP15(12.4%)
Estimate List Price136
Date23-08-2024
Price121.00
GMP15(12.4%)
Estimate List Price136
Date22-08-2024
Price121.00
GMP15(12.4%)
Estimate List Price136
Date21-08-2024
Price121.00
GMP15(12.4%)
Estimate List Price136
Date20-08-2024
Price121.00
GMP15(12.4%)
Estimate List Price136
Date19-08-2024
Price121.00
GMP0(0.0%)
Estimate List Price121
Date18-08-2024
Price121.00
GMP0(0.0%)
Estimate List Price121
Date17-08-2024
Price121.00
GMP0(0.0%)
Estimate List Price121
Date16-08-2024
Price121.00
GMP0(0.0%)
Estimate List Price(0%)
IPO Important Dates
| IPO Open Date | Wednesday, August 21, 2024 |
| IPO Close Date | Friday, August 23, 2024 |
| Basis of Allotment | Monday, August 26, 2024 |
| Initiation of Refunds | Tuesday, August 27, 2024 |
| Credit of Shares to Demat | Tuesday, August 27, 2024 |
| Listing Date | Wednesday, August 28, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 23, 2024 |
IPO Open Date
Wednesday, August 21, 2024
IPO Close Date
Friday, August 23, 2024
Basis of Allotment
Monday, August 26, 2024
Initiation of Refunds
Tuesday, August 27, 2024
Credit of Shares to Demat
Tuesday, August 27, 2024
Listing Date
Wednesday, August 28, 2024
Cut-off time for UPI mandate confirmation
5 PM on August 23, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹121,000 |
| Retail (Max) | 1 | 1000 | ₹121,000 |
| HNI (Min) | 2 | 2,000 | ₹242,000 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹121,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹121,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹242,000
Key Performance Indicator
| ROE | 43.95 |
| ROCE | 32.95 |
| RoNW | 43.95 |
| P/BV | 5.98 |
| PAT Margin (%) | 13.47 |
| EPS (Rs) | 9.7 |
ROE
43.95
ROCE
32.95
RoNW
43.95
P/BV
5.98
PAT Margin (%)
13.47
EPS (Rs)
9.7
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 67,000 (5.06%) |
| Other Shares Offered | 629,000 (47.47%) |
| Retail Shares Offered | 629,000 (47.47%) |
| Total Shares Offered | 1,325,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
67,000 (5.06%)
Other Shares Offered
629,000 (47.47%)
Retail Shares Offered
629,000 (47.47%)
Total Shares Offered
1,325,000 (100%)
Information about company
Established in 2012, 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.
Objectives of IPO
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
To Meet Capital Expenditure;
General Corporate Purpose.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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