Ideal Technoplast Industries Limited

21 Aug 2024 - 23 Aug 2024 Individual Category SME NSE

Min Investment

₹242000

Price Band

₹121

Issue Size

13.25 lakhs
Equity Shares

Lot Size

1000 (per lot)

IPO Dates
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21 Aug 2024

Open Date

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23 Aug 2024

Close Date

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26 Aug 2024

Allotment Date

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28 Aug 2024

Listing Date

Ideal Technoplast Industries IPO is open for subscription starting Wednesday, August 21, 2024, and closing on Friday, August 23, 2024. This upcoming IPO's price is Rs 121 per share. The minimum lot size set for the retail category is 1000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2000 shares.  The minimum investment required for retail category investors is Rs 1,21,000 (121 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,42,000 (121 x 2000 shares). Ideal Technoplast Industries IPO is a fixed price issue of Rs 16.03 crores. This upcoming IPO’s fresh issue of 13.25 lakh equity shares.The allotment for this new IPO is expected to be finalised on Monday, August 26, 2024.  Ideal Technoplast Industries IPO will be listed on NSE SME on Wednesday, August 28, 2024. Swastika Investment Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar, and Sunflower Broking is the market maker for this IPO.

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About Ideal Technoplast Industries Limited

Ideal Technoplast Industries Limited, established in 2012, is a plastic packaging manufacturer offering its products to both domestic and international markets. 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 square feet. The company has a total team of 28 employees. 

Founded

2012

Managing Director

Vipulbhai Dulabhai Mendapara

Parent Organization

IPO Objectives

The funds received from this IPO will be allocated to meet the capital expenditure requirements. The remaining will be used to fulfill general corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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How to Apply for IPO

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IPO Allotment

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