Ideal Technoplast Industries SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Ideal Technoplast Industries IPO. Explore Ideal Technoplast Industries IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Ideal Technoplast Industries Limited, initially founded as a partnership firm in 2012 and converted to a limited company in 2023, is a prominent manufacturer of rigid plastic packaging solutions. The company specializes in producing high-quality industrial containers for various sectors, including paints, agrochemicals, cosmetics, adhesives, lubricants, food, and edible oil. Operating from a state-of-the-art facility in Surat, Gujarat, Ideal Technoplast utilizes advanced manufacturing technologies such as In-Mould Labelling (IML) and Heat Transfer Mould Labeling Technology. With a strong focus on innovation and sustainability, Ideal Technoplast has established a significant presence both domestically and internationally.
Key Points:
- Core Products: Specializes in rigid plastic packaging, including square containers for sectors such as paints, agrochemicals, cosmetics, adhesives, lubricants, food, and edible oil.
- Advanced Manufacturing: Operates a fully automated facility in Surat, Gujarat, employing advanced technologies like In-Mould Labelling (IML) and Heat Transfer Mould Labeling Technology for high-quality and efficient production.
- Sustainability: Committed to eco-friendly practices, including recycling waste plastic containers and using them as inputs in the manufacturing process. This approach reduces environmental impact and promotes sustainability.
- Production Capacity: The facility spans 3,000 square meters and is equipped with advanced technology for producing various sizes and variants of square packaging containers.
- Market Presence: Serves both domestic and international markets through direct and indirect channels, demonstrating a robust network and market acceptance.
Objects of the Issue
- To Meet Capital Expenditure;
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 21 Aug - 23 Aug 2024 |
| IPO Price Band | ₹ 121 per share |
| Fresh Issue | 13,25,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 16.03 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 21 Aug 2024 |
| IPO Closing Date | 23 Aug 2024 |
| Basis Of Allotment | 26 Aug 2024 |
| Refunds | 27 Aug 2024 |
| Demat Transfer | 27 Aug 2024 |
| IPO Listing Date | 28 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| Total Income | 5.69 | 5.68 | 12.0 | 24.25 |
| Total Expenses | 5.59 | 5.59 | 11.48 | 21.02 |
| Net Profit/Loss | 0.10 | 0.11 | 0.51 | 3.27 |
| NPM (*) | 1.72 | 1.85 | 4.22 | 13.47 |
| Total Assets | 3.01 | 3.57 | 9.78 | 15.09 |
| Total Liabilities | 1.73 | 2.19 | 7.89 | 7.65 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| EPS | 0.70 | 0.75 | 3.63 | 23.29 |
| ROE (%) | 7.70 | 7.63 | 26.84 | 43.95 |
| ROCE (%) | 10.20 | 9.05 | 12.09 | 32.95 |
| D/E Ratio | 1.36 | 1.59 | 4.07 | 1.03 |
| Current Ratio | 2.08 | 1.34 | 1.25 | 1.36 |
| EBITDA MARGIN (%) | 5.52 | 5.75 | 9.51 | 16.42 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Ideal Technoplast Industies Limited | 11.99 | 33.33 | 3.63 | 26.84 | 13.51 |
| Mold-Tek Packaging Limited | 729.92 | 34.41 | 24.40 | 14.40 | 168.46 |
| Time Technoplast Limited | 4,289.44 | 28.38 | 9.69 | 9.61 | 102.92 |
| TPL Plastech Limited | 270.59 | 46.82 | 2.06 | 13.89 | 14.79 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 108.49 |
| Retail Individual Investor (RII) | 115.57 |
| Total | 116.75 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. PRAFULBHAI KARSHANBHAI VAGHASIA
- MRS. VAISHNAVI PRAFULBHAI VAGHASIYA
- MR. VIPULBHAI DULABHAI MENDAPARA
- MRS. MITULABEN VIPULBHAI MENDAPARA
- MR. GAURAVBHAI CHHAGANBHAI GOPANI
- MRS. ASHABEN GAURAVBHAI GOPANI
Lead Managers
- SWASTIKA INVESTMART LIMITED
Company Address
Ideal Technoplast Industries Limited
Plot No. 1 to 4 and 78 to 81, Block No. 572 & 572/B Madhav Industrial Estate, Vill. Olpad, Ta.Olpad, Surat, Gujarat, India, 394540
Phone: 0261-2769409
Email: cs@idealtechnoplast.com
Website: www.idealtechnoplasts.com
FAQs
- What is the issue size of the Ideal Technoplast Industries SME IPO?The Ideal Technoplast Industries SME IPO has an issue size of Approx ₹ 16.03 crore. This includes a fresh issue of 13,25,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Ideal Technoplast Industries IPO?The price band for the Ideal Technoplast Industries IPO is ₹ 121 per share.
- What are the bidding dates for the Ideal Technoplast Industries IPO?The Ideal Technoplast Industries IPO will open for bidding on 21 Aug 2024 and close on 23 Aug 2024.
- What is the allotment date for the Ideal Technoplast Industries IPO?The allotment date for the Ideal Technoplast Industries IPO is 26 Aug 2024.
- What is the listing date for the Ideal Technoplast Industries IPO?The listing date for the Ideal Technoplast Industries IPO is 28 Aug 2024.
- What is the Ideal Technoplast Industries IPO grey market premium?The grey market premium (GMP) for the Ideal Technoplast Industries IPO is currently at ₹20, with an expected listing gain of approximately 16.53%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.