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Ideal Technoplast Industries IPO
Ideal Technoplast Industries Ltd
₹1,21,000 /1000 sharesMinimum Investment
Ideal Technoplast Industries IPO Details
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 21 Aug ‘24 - 23 Aug ‘24 | ₹1,21,000 | 1,000 | ₹121 - ₹121 |
| Issue Size | IPO Doc |
|---|---|
| 16.03Cr | RHP PDF |
About Ideal Technoplast Industries
Founded in
2012
Managing director
Mr. Vipulbhai Dulabhai Mendapara
Parent organisation
Ideal Technoplast Industries Ltd
Strengths & Financials of Ideal Technoplast Industries
Strengths
Risks
Ideal Technoplast Industries offers a wide range of rigid plastic packaging solutions, including industrial containers for products such as adhesives, lubricants, and oils.
The company specialises in manufacturing square packaging containers known for their ruggedness, durability, and ease of handling heavy items.
The company’s manufacturing facility is fully automated, allowing it to deliver high-quality products.
The company holds ISO 9001:2015 certification for quality management systems.
The company’s top 10 customers accounted for 48.36% (Rs 11.72 crore), 42.86% (Rs 5.14 crore), 54.83% (Rs 3.11 crore), and 69.07% (Rs 3.93 crore) of the total revenue generated as of 29 February 2024, 31 March 2023, 2022, and 2021 respectively. Any loss of business from these customers would adversely impact the company’s business.
The key raw materials used by the company in its production process are recycled plastic and other related products. Any increase in the cost of these raw materials will affect the company’s ability to maintain the quality of its products.
As of February 29, 2024, the company’s total outstanding borrowings amounted to Rs 4.57 crore. Any inability to service or repay this amount in time could hurt the company’s prospects.
The top five suppliers of the company accounted for Rs 12.34 crore (71.07%), Rs 8.53 crore (76.38%), Rs 4.68 crore (96.47%), and Rs 4.01 crore (85.21%) of total raw materials purchased as of 29 February, 2024, 31 March, 2023, 2022, and 2021 respectively.
Ideal Technoplast Industries Financials
*All values are in Rs. Cr
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Application Details of Ideal Technoplast Industries IPO
| Apply as | Price band | Apply Range |
|---|---|---|
| Regular | ₹121 - 121 | ₹2 - 5 Lakh |
| High Networth Individual | ₹121 - 121 | ₹2 - 5 Lakh |
For Ideal Technoplast Industries IPO, eligible investors can apply as Regular.