
Industrial & Financial Services · NSE / BSE
Founded in August 2016, Platinum Industries Limited specializes in manufacturing stabilizers, including PVC stabilizers, CPVC additives, and lubricants, catering to industries such as PVC pipes, electrical wires, SPC floor tiles, and packaging materials. The company operates a state-of-the-art manufacturing facility in Palghar, Maharashtra, covering over 21,000 square feet. Over the six-year period from 2018 to 2023, Platinum Industries has demonstrated remarkable growth, with revenue from operations increasing at a CAGR of 42.11%, reaching ₹2,340.56 crore in 2023. By July 2023, the company expanded its distribution network to twelve centers across India. As of May 31, 2023, its production unit employs 71 staff members and 17 workers, reinforcing its commitment to innovation and industry leadership.
Price Band
₹162 – ₹171
Issue Size
₹235 Cr
Lot Size
87 shares
GMP
+50.9%
Est. Listing
₹258
at current GMP
Subscribed
98.99x
overall
Open
27 Feb 2024
Close
29 Feb 2024
Allotment
1 Mar 2024
Refund
2 Mar 2024
Demat Credit
3 Mar 2024
Listing
5 Mar 2024