
Materials · BSE
Dhaval Packaging Ltd., incorporated in 2015, designs, manufactures, and supplies plastic packaging solutions for domestic and international markets, mainly serving food and FMCG sectors like sweets, dairy, bakery, dry fruits, and ready-to-eat products. The company focuses on converting brand ideas into high-quality, scalable packaging and follows strict global standards, holding certifications such as ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO/IEC 17025:2017 for its testing laboratory. Its key products include IML (In-Mold Labeling) containers, where labels are integrated into the packaging for durability and resistance, with around 39 SKUs supplied to leading brands and export markets, and SAW pipe protection plastic end caps used to protect pipes during storage and transport across industries like oil & gas, construction, and infrastructure.
Price Band
₹92 – ₹97
Issue Size
₹374.88 L Cr
Lot Size
1200 shares
GMP
+10.3%
Est. Listing
₹107
at current GMP
Subscribed
50.03x
overall
Open
30 Jul 2026
Close
3 Aug 2026
Allotment
4 Aug 2026
Refund
5 Aug 2026
Demat Credit
6 Aug 2026
Listing
6 Aug 2026
Overall Subscription
50.03x
Total Demand
QIB Multiplier
56.38x
Institutions & Funds
NII / HNI
75.71x
High Net-Worth
Retail (RII)
40.28x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 687,600 | 38,766,000 | 56.38x |
| NIB | 517,200 | 39,158,400 | 75.71x |
| HNIs(10L +) | 344,400 | 30,801,600 | 89.44x |
| HNIs (2-10L) | 172,800 | 8,356,800 | 48.36x |
| RETAIL | 1,204,800 | 48,535,200 | 40.28x |
| EMPLOYEES | 120,000 | 93,600 | 0.78x |
| Total | 3,046,800 | 165,711,600 | 50.03x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 90 | 0.00x |
| NIB | — | 4,975 | 0.00x |
| RETAIL | 502 | 20,223 | 40.28x |
| EMPLOYEES | — | 20 | 0.00x |
| HNIs(10L +) | 96 | 2,772 | 28.88x |
| HNIs (2-10L) | 48 | 2,203 | 45.90x |
| Shareholder | — | — | 0.00x |
| Total Applications | 646 | 30,283 | 46.88x |
Dhaval Packaging Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹37,48,800 Crores. The shares are offered at a price band of ₹92 to ₹97 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-08-03, the basis of allotment is scheduled to be finalized on 2026-08-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The Dhaval Packaging Limited IPO aggregate issue size is ₹37,48,800 Crores with an equity price band set at ₹92 to ₹97 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,16,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-08-04.