Premium Plast Ltd
Price Range
₹46 - ₹49
-
Min. Quantity
3,000
Closes on
23 October 2024
-
Min. investment
₹1,47,000/3,000 Shares
Premium Plast Ltd IPO Timeline
Premium Plast Limited was incorporated under the name and style of Premium Plast Private Limited', a Private Limited Company,
| Event | Date |
|---|---|
| Premium Plast Ltd IPO Opening Date | 21 October 2024 |
| Premium Plast Ltd IPO Closing Date | 23 October 2024 |
| Basis of Allotment | 24 October 2024 |
| Initiation of Refunds | 25 October 2024 |
| Credit of Shares to Demat | 25 October 2024 |
| Premium Plast Ltd IPO Listing Date | 28 October 2024 |
Premium Plast Ltd IPO Details
| Premium Plast Ltd IPO Date | 21 October 2024 to 23 October 2024 |
| Premium Plast Ltd IPO Face Value | ₹10 per share |
| Premium Plast Ltd IPO Price | ₹46 to ₹49 per share |
| Premium Plast Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹26.2 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹26.2 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Chetan Nagendra Dave, Lopa Chetan Dave, Alpa Bhagirath Desai |
Premium Plast Ltd IPO Lot Size
The Premium Plast Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,47,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,47,000 |
| Maximum | 1 | 3,000 | ₹1,47,000 |
- Strengths
- Risks
- Opportunities
- Long-standing relationships with established customers, with potential to expand its customer base.
- Diverse range of specialised plastic products across varied customer segments.
- Robust design optimisation capabilities.
- Sustainable business development.
- Existing client and supplier relationships.
- Strategic location of manufacturing units.
Company Financials
Premium Plast Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 38.09 | 46.71 | 4.78 |
| 03-2023 | 29.05 | 44.05 | 1.59 |
| 03-2022 | 25.17 | 31.05 | 0.78 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Expansion of existing mfg facility , purchase of machineries
- Funding of capital expenditure requirements of the company towards set up of Rooftop on Grid Solar Power Plant at its existing Mfg facility
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- General corporate purposes
Premium Plast Ltd IPO Promoter Holding
| Pre Issue Share Holding | 79.06% |
| Post Issue Share Holding | 56.93% |
Premium Plast Ltd IPO Subscription Status (Bidding Detail)
The Premium Plast Ltd IPO is subscribed 36.9618 times on 23 October 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) | - | - | - | - | 36.9618 |
Premium Plast Ltd IPO Prospectus
Premium Plast Ltd IPO Listing Date
| BSE Script | 93480 |
| NSE Symbol | PREMIUM |
| Listing In | NSE - SME |
| ISIN | INE0M1F01011 |
| IPO Price | ₹49 |
| Face Value | ₹10 |
Company Contact Information
Gala #.3 Shiv Shankar Indl Est#.1 Virar City (M Corp) Valiv,Thane-401208
Phone: +91 025 0660 1160
Email: info@premiumplast.in
Website: www.premiumplast.in
Premium Plast Ltd IPO Registrar
Premium Plast Ltd IPO Lead Manager(s)
- Khandwala Securities Ltd
FAQ
What is the issue size of Premium Plast Ltd IPO?
I have pre-applied for Premium Plast 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.