
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
Overall Subscription
112.09x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
108.94x
High Net-Worth
Retail (RII)
115.21x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 627,000 | 68,307,000 | 108.94x |
| RETAIL | 631,000 | 72,696,000 | 115.21x |
| Total | 1,258,000 | 141,003,000 | 112.09x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 464 | 53,457 | 115.21x |
| HNIs (10L +) | 3 | 327 | 108.94x |
| HNIs (2-10L) | 14 | 1,525 | 108.94x |
| Total Applications | 481 | 55,309 | 114.99x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Ideal Technoplast Industries Limited IPO is ₹20 per equity share. Based on the upper price band of ₹121 to ₹121 per equity share, the estimated listing price is ₹141 (+16.5% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹20, the expected profit per application lot is approx ₹20,000 (+16.5% gain). Minimum application cost is approx ₹1,21,000.
The Ideal Technoplast Industries Limited IPO aggregate issue size is ₹16.03 Crores with an equity price band set at ₹121 to ₹121 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,21,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 112.09x (Retail: 115.21x, QIB: 0.00x, NII: 108.94x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-08-26. Investors can verify status using PAN card or application number.
Ideal Technoplast Industries Limited shares are scheduled to list on NSE on 2024-08-28.