Ideal Technoplast Industries Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹20(16.53%)
Premium (ELP)
The Initial Public Offering of Ideal Technoplast Industries Limited's culminated in its successful listing on Aug 28, 2024 at the NSE trading platform. The company secured 13,25,000 Shares through this capital market exercise, with 13,25,000 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹121 to ₹121, with minimum investment requirements of 1000 shares. The subscription period from Aug 21, 2024 to Aug 23, 2024 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Aug 26, 2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Ideal Technoplast Industries Limited, founded in 2012 and based in Surat, specializes in manufacturing high-quality rigid plastic packaging solutions for both domestic and international markets. With a modern 20,000 sq. ft. facility equipped with advanced technology and automated production, the company offers a wide range of packaging products, including round and square containers, twist containers, and bottles. Their products cater to industries such as paints, chemicals, cosmetics, food, and lubricants. Backed by in-house design and printing capabilities, Ideal Technoplast ensures efficient and high-quality production. As of March 2024, the company has a dedicated team of 28 professionals.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced Leadership: The company is guided by a skilled and knowledgeable team, ensuring smart strategies and smooth operations.
- Varied Packaging Solutions: Ideal Technoplast provides a wide range of rigid plastic packaging products, serving different industries and customer needs.
- Advanced Manufacturing: With state-of-the-art technology, including in-house design and automation, the company guarantees high-quality and efficient production.
- Reliance on Key Customers: The company depends on a few major clients, so losing any of them could greatly affect revenue and operations.
- Limited Geographic Reach: Since business is concentrated in a few states, any restrictions or issues in these areas could disrupt operations and earnings.
- Supplier Dependence: The company relies on a few key suppliers for raw materials, so losing one could impact production and overall business stability.
- 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 Industries Limited
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