Ideal Technoplast Industries Limited (NSE SME)

Aug 21, 2024 - Aug 23, 2024

Price ₹121 - ₹121
Premium ₹20
Lot size 1000
Allotment Aug 26, 2024
Listing Aug 28, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 1000 121000 631
HNI 2 2000 242000 627

Last updated on 23-Aug-2024 18:32:03

CategoryOfferedAppliedTimes
NIB62700068307000108.94
RETAIL63100072696000115.21
Total1258000141003000112.09
Retail Apps72696© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹17.7
@8%
₹20.22
@9%
₹22.75
@10%
₹25.28
@11%
₹27.81
@12%
₹30.34
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail47.6%631000
Other47.3%627000
Market Maker5.05%67000
Total No. of Shares100.0%1325000

Ideal Technoplast Industries IPO Details

Issue Size1,325,000 shares
(aggregating up to ₹16.03 Cr)
Fresh Issue1,325,000 shares
(aggregating up to ₹16.03 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Share holding pre issue3,675,000
Share holding post issue5,000,000
Market Maker portion67,000 shares
Sunflower Broking

Key Performance Indicator

KPIFeb-24Mar-23Mar-22
ROE43.95%26.84%7.63%
ROCE32.95%12.09%9.05%
RONW26.84%7.63%7.70%
D/E1.032.354.07
EPS
(basic)
23.293.630.75
P/E
Pre IPO
12.47
P/E
Post IPO
16.98

Company Financials

Ideal Technoplast Industries Limited Financial Information (Restated)

Period Feb 2024Mar 2023Mar 2022Mar 2021
Assets1,508.51978356.78300.86
Revenue910.911,199.79568.13569.47
Profit135.450.6210.539.82
Net Worth743.07188.6137.98127.45
Reserves375.5748.95-1.67-12.19
Borrowing456.89586.04146.56118.62
Amount in ₹ Lakhs

About Company

Ideal Technoplast Industries Limited, established in 2012, is a prominent manufacturer of rigid plastic packaging solutions, catering to both domestic and international markets through export companies and third parties. Based in Surat, the company operates from a state-of-the-art production facility covering 20,000 sq. ft. with advanced manufacturing technologies, including in-house design and printing capabilities and a fully automated production line. Ideal Technoplast offers a diverse range of industrial packaging products, such as round and square containers, twist containers, and bottles, serving various sectors including paints, agro, chemicals, cosmetics, adhesives, lubricants, food, and edible oil. As of March 31, 2024, the company employs a dedicated team of 28 professionals.
Lead Manager(s)

Swastika Investmart Ltd

Strength

Experienced Promoter and Management Team: The company benefits from a seasoned leadership team with deep industry knowledge, ensuring strategic direction and effective operations.

Diversified Range of Rigid Plastic Packaging Solutions: Ideal Technoplast offers a broad array of packaging products, catering to multiple industries and meeting varied customer needs.

Advanced Manufacturing Technologies: Utilizing cutting-edge technology, including in-house design and a fully automated production line, the company ensures high-quality and efficient production.

Weakness

Customer Concentration Risk: The company's substantial reliance on a few key customers means losing any major client could significantly impact revenue and operations.

Geographic Dependence: Dependence on a limited number of states for business operations means that losing access to any of these regions could disrupt operations and revenue.

Supplier Dependence: Relying on a few key suppliers for raw materials poses a risk; losing any major supplier could affect production continuity and business operations.

Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html