The Premium Plast IPO minimum market lot is 3,000 shares with ₹147,000 application amount. The Premium Plast IPO is an SME IPO, and it is to be listed on the NSE.
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 an SME (Small and Medium Enterprise) IPO with a price band set at ₹46 to ₹49 per share.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Premium Plast IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.00 | 1.00 | 6.74 |
| NII | 0.88 | 2.11 | 19.56 |
| RII | 7.17 | 17.14 | 65.37 |
| Total | 3.72 | 8.76 | 38.87 |
Premium Plast IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Premium Plast IPO Review
- May Apply
Premium Plast IPO Form
How to apply for the Premium Plast IPO? You can apply for Premium Plast IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Premium Plast IPO in the Invest section. The other option is you can apply for Premium Plast IPO via IPO forms downloaded online. Check out the Premium Plast forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
