Dhaval Packaging IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 1.05 | 56.38 |
| NII | 1.03 | 1.43 | 75.35 |
| RII | 0.57 | 1.70 | 40.36 |
| Total | 0.49 | 1.40 | 49.99 |
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.
The Dhaval Packaging IPO minimum market lot is 2400 shares with ₹2,32,800 application amount. The Dhaval Packaging IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Since its incorporation in November 2015, Dhaval Packaging has been involved in designing, manufacturing, and supplying of plastic packaging solutions for FMCG, food, and industrial sectors. The firm manufactures In-Mold Labelling (IML) food containers and SAW Pipe Protection Plastic Caps (End Caps), catering to both domestic and international markets.
Its packaging solutions serve various industries: dairy, sweets, bakery, confectionery, frozen foods, pharmaceuticals, agro products, oil & gas, construction, infrastructure, and heavy engineering. The firm runs its 3 manufacturing facilities in Sanand, Gujarat, furnished with 21 IML injection moulding machines and one vacuum forming machine with a production capacity exceeding 8,000 kg per day. Moreover, Dhaval Packaging also exports its products to international countries, including Malaysia, Mauritius, Canada, the UAE, Qatar, and Australia.
Dhaval Packaging 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
Dhaval Packaging IPO Review and Rating
- May Apply For Long-term View
Dhaval Packaging IPO Form
How to apply for the Dhaval Packaging IPO? You can apply for Dhaval Packaging IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Dhaval Packaging IPO in the Invest section. The other option is you can apply for Dhaval Packaging IPO via IPO forms downloaded online. Check out the Dhaval Packaging forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
