Premium Plast IPO Details
| IPO Open Date: | October 21, 2024 |
| IPO Close Date: | October 23, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹46 to ₹49 Per Share |
| Issue Size: | Approx ₹26.20 Crores |
| Fresh Issue: | Approx ₹26.20 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 44.98% |
| QIB Quota: | Not more than 10.04% |
| NII Quota: | Not more than 44.98% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Premium Plast IPO Market Lot
The Premium Plast IPO minimum market lot is 3000 shares with ₹147,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3,000 | ₹147,000 |
| Retail Maximum | 1 | 3,000 | ₹147,000 |
| S-HNI Minimum | 2 | 6,000 | ₹294,000 |
Premium Plast IPO Dates
The Premium Plast IPO date is October 21, 2024 and the close date is October 23, 2024. The Premium Plast IPO allotment will be finalized on October 24, 2024 and the IPO listing on October 28, 2024.
| IPO Open Date: | October 21, 2024 |
| IPO Close Date: | October 23, 2024 |
| Basis of Allotment: | October 24, 2024 |
| Refunds: | October 25, 2024 |
| Credit to Demat Account: | October 25, 2024 |
| IPO Listing Date: | October 28, 2024 |
Promoters of Premium Plast IPO
The promoters of the company are Chetan Nagendra Dave and Dr. Lopa Chetan Dave.
About Premium Plast IPO
Premium Plast Limited is based in Maharashtra, India and is engaged in the design, manufacture, and supply of exterior, interior, and hood components for commercial vehicles OEMs. The company’s product range includes automotive parts, plastic components, and packaging components. Its revenue from operations for the fiscal year ending on January 31, 2024 was ₹3904 lakhs, a decrease from the previous fiscal year’s revenue which was slightly over ₹4404 lakhs. In 2022 and 2021, the revenue from operations was ₹3099 lakhs and ₹2795 lakhs, respectively. The company prioritizes customer satisfaction and has established strong, long-term relationships with both national and international consumers. It is also preparing to launch a SME(Small and Medium Enterprise) IPO with a price band set at ₹46 to ₹49 per share.
Premium Plast IPO Company Financial Report
The company reported revenue of ₹39.40 crores in 2024 against ₹44.05 crore in 2023. The company reported profit of ₹4.17 crores in 2024 against profit of ₹1.59 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹27.98 | ₹27.01 | ₹0.76 | ₹25.43 |
| 2022 | ₹31.05 | ₹30.08 | ₹0.78 | ₹25.17 |
| 2023 | ₹44.05 | ₹41.84 | ₹1.59 | ₹29.06 |
| Jan 2024 | ₹39.40 | ₹33.76 | ₹4.17 | ₹38.65 |
Premium Plast IPO Valuation – FY2023
Check Premium Plast IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 13.56% |
| ROCE: | 24.19% |
| EBITDA Margin: | 9.23% |
| PAT Margin: | 3.62% |
| Debt to equity ratio: | 0.35 |
| Earning Per Share (EPS): | ₹3.35 (Basic) |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 13.56% |
| Net Asset Value (NAV): | ₹24.7 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Varroc Engineering Limited | (90.76) | NA | (20.70%) | 3.62 | 3,917.89 Cr. |
| Uno Minda Ltd | 7.46 | 44.7 | 10.99% | 5.44 | 6,657.96 Cr. |
Objects of the Issue
- Expansion of Existing Manufacturing facility at Pithampur, Madhya Pradesh, and Purchase of Machineries;
- Funding of capital expenditure requirement of our Company towards Set up of Rooftop on Grid Solar Power Plant at the existing Manufacturing facility;
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company;
- General Corporate Purpose; and
- Offer Related Expenses.
Premium Plast IPO Review
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Premium Plast IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Managers aka Merchant Bankers
- Khandwala Securities Limited
Company Address
Premium Plast Limited
Gala No 3, Shiv Shankar Indl Est No 1,
Virar City (M Corp), Valiv,
Thane, Vasai – 401 208
Phone: +91 025 0660 116
Email: [email protected]
Website: https://premiumplast.in/
Premium Plast IPO FAQs
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Note: The Premium Plast IPO price band and date are officially announced. The (Premium Plast IPO grey market premium) will be added to the IPO GMP page as it will start).
