
Manufacturing / Industrial Goods · NSE
Ideal Technoplast Industries Limited, founded in 2012 and based in Surat, specializes in manufacturing high-quality rigid plastic packaging solutions for both domestic and international markets. With a modern 20,000 sq. ft. facility equipped with advanced technology and automated production, the company offers a wide range of packaging products, including round and square containers, twist containers, and bottles. Their products cater to industries such as paints, chemicals, cosmetics, food, and lubricants. Backed by in-house design and printing capabilities, Ideal Technoplast ensures efficient and high-quality production. As of March 2024, the company has a dedicated team of 28 professionals.
Price Band
₹121
Issue Size
₹16.03 Cr
Lot Size
1000 shares
GMP
+16.5%
Est. Listing
₹141
at current GMP
Subscribed
112.09x
overall
Open
21 Aug 2024
Close
23 Aug 2024
Allotment
26 Aug 2024
Refund
27 Aug 2024
Demat Credit
28 Aug 2024
Listing
28 Aug 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
26 Aug 2024
Basis finalization
Refunds Initiate
27 Aug 2024
Mandate release
Demat Credit
28 Aug 2024
Shares in demat
Listing Debut
28 Aug 2024
Trading begins
Ideal Technoplast Industries Limited is bringing an initial public offering (IPO) in the Manufacturing / Industrial Goods sector with an aggregate issue size of ₹16.03 Crores. The shares are offered at a price band of ₹121 to ₹121 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
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 2024-08-23, the basis of allotment is scheduled to be finalized on 2024-08-26. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.