Ideal Technoplast Industries Ltd
Price Range
₹121
Min. Quantity
1,000
Closes on
23 August 2024
Min. investment
₹1,21,000/1,000 Shares
Ideal Technoplast Industries Ltd IPO Timeline
Ideal Technoplast Industries Limited was originally formed and registered as a Partnership Firm in the name and style of 'Ideal Technoplast Industries', pursuant to a deed of partnership dated 24th August, 2012. Thereafter 'Ideal Technoplast Industries' was converted from Partnership Firm to a Limited Company in the name of 'Ideal Technoplast Industries Limited' and received a Certificate of Incorporation dated 23rd November, 2023 issued by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Ideal Technoplast Industries Ltd IPO Opening Date | 21 August 2024 |
| Ideal Technoplast Industries Ltd IPO Closing Date | 23 August 2024 |
| Basis of Allotment | 26 August 2024 |
| Initiation of Refunds | 27 August 2024 |
| Credit of Shares to Demat | 27 August 2024 |
| Ideal Technoplast Industries Ltd IPO Listing Date | 28 August 2024 |
Ideal Technoplast Industries Ltd IPO Details
| Ideal Technoplast Industries Ltd IPO Date | 21 August 2024 to 23 August 2024 |
| Ideal Technoplast Industries Ltd IPO Face Value | ₹10 per share |
| Ideal Technoplast Industries Ltd IPO Price | ₹121 to ₹0 per share |
| Ideal Technoplast Industries Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹16.03 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹16.03 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Prafulbhai Karshanbhai Vaghasi, Vaishnaviben Prafulbhai Vaghas, Vipulbhai Dulabhai Mendapara |
Ideal Technoplast Industries Ltd IPO Lot Size
The Ideal Technoplast Industries Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,21,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,21,000 |
| Maximum | 1 | 1,000 | ₹1,21,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoter and Management Team.
- Diversified Range of rigid plastic packaging solutions.
- Advanced Manufacturing Technologies.
- Automated Precision.
- High Customer Retention.
- Specialization in Square Packaging.
- In-House Design and Printing Technology.
Company Financials
Ideal Technoplast Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 15.09 | 9.11 | 1.35 |
| 02-2024 | 15.09 | 9.11 | 1.35 |
| 03-2023 | 9.78 | 12 | 0.51 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet capital expenditure
- General corporate purposes
Ideal Technoplast Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 18% |
| Post Issue Share Holding | 13.23% |
Ideal Technoplast Industries Ltd IPO Subscription Status (Bidding Detail)
The Ideal Technoplast Industries Ltd IPO is subscribed 5.1026 times on 23 August 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 5.1026 |
Ideal Technoplast Industries Ltd IPO Prospectus
Ideal Technoplast Industries Ltd IPO Listing Date
| Listing Date | 28 August 2024 |
| BSE Script | 93188 |
| NSE Symbol | IDEALTECHO |
| Listing In | NSE - SME |
| ISIN | INE0T9I01011 |
| IPO Price | ₹121 |
| Face Value | ₹10 |
Company Contact Information
Plot#.1-4 & 78-81 Block #572 &-572/B Madhav Ind.Este.V Olpad,Surat-394540
Phone: 0261 2769 409
Email: cs@idealtechnoplast.com
Website: www.idealtechnoplast.in
Ideal Technoplast Industries Ltd IPO Registrar
Ideal Technoplast Industries Ltd IPO Lead Manager(s)
- Swastika Investmenrt Ltd
FAQ
What is the issue size of Ideal Technoplast Industries Ltd IPO?
I have pre-applied for Ideal Technoplast Industries Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.