IPO

Premium Plast Ltd. IPO

Premium Plast Ltd., established in 1995, operates in the Auto Parts & Accessories sector. The company's IPO opened on October 21, 2024 and closed on October 23, 2024, with an issue price of ₹49. The ... Read more

Min Investment
₹ 1,47,000 / 3000 shares
Price Range
₹46 - ₹ 49
Bidding Dates
21 Oct '24 - 23 Oct '24
Total Issue Value
15.01 Cr
Lot Size
3,000
Total Issue Size
15.01 Cr
Listing At
NSE SME
Subscription
36.70 times
NSE Price
43.35 (-11.53%)

IPO Timeline

  • 21 Oct 2024
    Bidding Starts
  • 23 Oct 2024
    Bidding Ends
  • 23 Oct 2024
    Allotment Finalization
  • 28 Oct 2024
    Listing

About Premium Plast Ltd.

We are a tier-1 (tier-1 companies are companies that directly supply to original equipment manufacturers (“OEMs”)) automotive component group. We design, manufacture and supply, exterior plastic components, interior cabin components, under the hood components to commercial vehicle ... Read more

Parent organisation
Founded
Premium Plast Ltd.
1995

Premium Plast Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 2,70,000 (8.81%)
Non Institutional Investors 22,83,000 (74.53%)
Qualified Institutional Buyers (QIBs) 5,10,000 (16.65%)
Retail Individual Investors (RIIs) 22,83,000 (74.53%)

Premium Plast Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 46.71 Cr 4.78 Cr 11.76 Cr
31 Mar 2023 44.05 Cr 1.59 Cr 6.99 Cr
31 Mar 2022 31.05 Cr 77.70 Lakh 5.40 Cr

Premium Plast Ltd. Background

Major Events And Milestones
  • 2004
    Our Company shifted its manufacturing unit to Vasai East, Mumbai for manufacturing of automotive and packaging products.
  • 2013
    Our Company had set up a new manufacturing unit at Pithampur, Madhya Pradesh to manufacture industrial plastic parts
  • 2019
    Our Company has set up another manufacturing unit at Pithampur, Madhya Pradesh for manufacturing of industrial plastic parts, and increasing the existing manufacturing capacity.
Premium Plast Ltd. Object of Issues

1. Expansion of Existing Manufacturing facility at Pithampur, Madhya Pradesh and Purchase of Machineries
2. Funding of capital expenditure requirement of our Company towards Set up of Rooftop on Grid Solar Power Plant at our existing Manufacturing facility
3. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
4. General Corporate Purpose
5. Issue Related Expenses

Premium Plast Ltd. IPO Listing Details
Listing Date
28 Oct 2024
NSE Symbol
PREMIUMPLA
ISIN
INE0M1F01011
Final Issue Price
₹ 49
Premium Plast Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 49.00
Open - ₹ 51.45
Low - ₹ 48.90
High - ₹ 51.75
Last Trade - ₹ 48.90
Premium Plast Ltd. Company Promoters

1. Chetan Nagendra Dave
2. Dr. Lopa Chetan Dave

Industry Overview

Global auto parts and accessories market size was valued at USD 697.84 billion in 2023 and is projected to reach USD 1,087.32 billion by 2031, with a CAGR of 5.7% during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, ... Read more

Premium Plast Ltd. Contact Details
Address: Gala No 3, Shiv Shankar Indl Est No 1, Virar City (M Corp), Valiv, Thane Maharashtra - 401208
Phone no:06601160
06601160
|
Premium Plast Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Premium Plast Ltd. IPO Lead Manager(s)
Khandwala Securities Ltd.
G-II, Ground Floor, Dalamal House, Nariman Point, Mumbai Maharashtra - 400021
40767373

FAQs

When does Premium Plast Ltd. IPO opens and closes?

Premium Plast Ltd. IPO opens from 21st October to 23rd October 2024.

What is the size of Premium Plast Ltd. IPO?

The size of the Premium Plast Ltd. IPO is ₹15.01 Cr.

What is the price range of Premium Plast Ltd. IPO?

The price range of Premium Plast Ltd. IPO is at ₹46 to ₹49 per share.

What is the minimum investment and lot size required for the Premium Plast Ltd. IPO?

The minimum investment required is ₹1,47,000 and minimum lot size is 3000 shares.

When is Premium Plast Ltd. IPO listing date?

The Premium Plast Ltd. IPO will be listed on 28th October 2024.

What is the objective of Premium Plast Ltd. IPO?

1. Expansion of Existing Manufacturing facility at Pithampur, Madhya Pradesh and Purchase of Machineries
2. Funding of capital expenditure requirement of our Company towards Set up of Rooftop on Grid Solar Power Plant at our existing Manufacturing facility
3. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
4. General Corporate Purpose
5. Issue Related Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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