
Manufacturing · NSE
Premium Plast Limited, established in 1995, is a trusted manufacturer of plastic components for commercial vehicles. The company designs and produces a wide range of injection and blow-moulded plastic parts used in automotive, industrial, and packaging applications. With a strong focus on the automotive sector, it offers over 600 different components from its three modern manufacturing plants—two in Pithampur, Madhya Pradesh, and one in Vasai, Maharashtra. Together, these facilities have a production capacity of 1,975 MTPA. As of June 30, 2024, Premium Plast had a dedicated team of 39 employees, ensuring smooth operations and high-quality products.
Price Band
₹46 – ₹49
Issue Size
₹26.20 Cr
Lot Size
3000 shares
GMP
+18.4%
Est. Listing
₹58
at current GMP
Subscribed
38.93x
overall
Open
21 Oct 2024
Close
23 Oct 2024
Allotment
24 Oct 2024
Refund
25 Oct 2024
Demat Credit
26 Oct 2024
Listing
28 Oct 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹49
Band: ₹46 – ₹49
Estimated Listing Price
₹58
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,47,000
Estimated Profit / Lot
₹27,000
3000 × ₹9
Grey Market Premium trend
+₹9
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹9 | 18.4% | ₹58 |
| 30 Oct 2026 | +₹9 | 18.4% | ₹58 |
| 29 Oct 2026 | +₹8 | 16.5% | ₹57 |
GMP is unofficial market data. Not a guarantee of listing performance.
Premium Plast Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹26.2 Crores. The shares are offered at a price band of ₹46 to ₹49 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,47,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-26, while un-allotted funds or UPI block mandates will be released on 2024-10-25.
The latest grey market premium for Premium Plast Limited IPO is ₹9, which indicates an expected listing price of ₹58.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.