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Ideal Technoplast Industries IPO
Price Band
₹
Issue Size
₹16.03 Cr
Lot Size
1,000 shares
Min Investment
₹121,000
GMP
+₹20.0 (16.53%)
Issue Price
₹121.0
Subject to Sauda
₹15200
Paid only if allotted
Ideal Technoplast Industries IPO AI Summary
- Ideal Technoplast Industries IPO is listed on NSE SME in the Packaging sector.
- Subscription window: 21 Aug–23 Aug 2024, listing on 28 Aug 2024.
- Current GMP is +₹20.0 (16.53%) — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Ideal Technoplast Industries IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 23 Aug 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Ideal Technoplast Industries IPO Grey Market Premium (GMP) Today
GMP
+₹20.0
GMP %
+16.53%
Est. Listing
₹141.0
Updated: 25 Jul 2026 14:04
About the 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.
Company Financials (₹ Cr)
As of 2024-02-29
| Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 15.09 | 9.78 | 3.57 | 3.01 |
| Total Income | 24.24 | 12.00 | 5.68 | 5.69 |
| Profit After Tax | 3.27 | 0.51 | 0.11 | 0.10 |
| NET Worth | 7.43 | 1.89 | 1.38 | 1.27 |
| Reserves and Surplus | 3.76 | 0.49 | -0.02 | -0.12 |
| Total Borrowing | 4.57 | 5.86 | 1.47 | 1.19 |
Key Ratios
EPS
₹9.70
NAV
₹20.22
ROE
43.95%
ROCE
32.95%
RoNW
43.95%
P/B Value
5.98
P/E Ratio
12.47
Market Cap
₹60.50 Cr
PAT Margin
13.47%
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Tpl Plastech Ltd. | 14.79 | 13.89% | 46.82 | 2.06 |
| Time Technoplast Ltd. | 102.92 | 9.61% | 28.38 | 9.69 |
| Mold-tek Packaging Limited | 168.46 | 14.4% | 34.41 | 24.4 |
| Ideal Technoplast Industries Limited This IPO | 13.51 | 26.84% | 33.33 | 3.63 |
Promoters
Prafulbhai Karshanbhai Vaghasia, Vaishnavi Prafulbhai Vaghasiya, Vipulbhai Dulabhai Mendapara, Mitulaben Vipulbhai Mendapara, Gauravbhai Chhaganbhai Gopani and Ashaben Gauravbhai Gopani
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To Meet Capital Expenditure; 13.63 2 General Corporate Purpose 0.80
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹5.68 Cr in the year ending March 31, 2022, increasing to ₹12.00 Cr by March 31, 2023, and further rising to ₹24.24 Cr in the latest period ending February 29, 2024.
Profit Trend
Profit after tax was ₹0.11 Cr in the year ending March 31, 2022, which increased to ₹0.51 Cr by March 31, 2023, and further rose to ₹3.27 Cr in the latest period ending February 29, 2024.
Valuation
At the issue price of ₹121.0, Ideal Technoplast Industries Limited has an implied P/E of 33.33, compared to peers trading at a P/E range of 28.38 to 46.82.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading. A positive GMP suggests that the stock may list higher than its issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market conditions, and their own financial goals.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse may want to avoid IPOs, as they can be subject to significant price fluctuations on listing day.
Listing Gains — The Risk
Listing-day gains can be unpredictable. Factors such as market sentiment, overall economic conditions, and company performance can all influence the stock's price on its first day of trading.
This evaluation is generated from Ideal Technoplast Industries's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Ideal Technoplast Industries IPO GMP today?
Ideal Technoplast Industries IPO GMP today is +₹20.0 (16.53%). GMP is an unofficial grey-market indicator and can change daily.
When does Ideal Technoplast Industries IPO open and close?
Ideal Technoplast Industries IPO opens on 21 August 2024 and closes on 23 August 2024.
When does Ideal Technoplast Industries IPO list on the stock exchange?
Ideal Technoplast Industries IPO listed on 28 August 2024 at ₹141.0.
What is the lot size for Ideal Technoplast Industries IPO?
The lot size for Ideal Technoplast Industries IPO is 1000 shares, requiring a minimum investment of ₹121,000.
What is the lot size for this IPO?
The lot size for Ideal Technoplast Industries IPO is 1000 shares.
What is the minimum investment required?
The minimum investment required is ₹121,000.
When does the IPO open and close?
The IPO opens on August 21, 2024, and closes on August 23, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on unofficial trading.
When is the listing date for this IPO?
The listing date for Ideal Technoplast Industries is August 28, 2024.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
21 Aug 2024
Close
23 Aug 2024
Allotment
26 Aug 2024
Listing
28 Aug 2024
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