Jyoti Global Plast IPO

Jyoti Global Plast Ltd

₹1,24,000 /2000 sharesMinimum Investment

Jyoti Global Plast IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹66.00₹65.90-₹0.10 (0.15%)

Jyoti Global Plast IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
4 Aug ‘25 - 6 Aug ‘25₹2,48,0002,000₹62 - ₹66
Issue SizeIPO Doc
35.44Cr
RHP PDF

Subscription rate

As of 06 Aug'25, 05:00 PM
Qualified Institutional Buyers1.86x
Non-Institutional Investor15.05x
Retail Individual Investor9.46x
Total7.89x

About Jyoti Global Plast

Jyoti Global Plast is in the business of plastic and fibre-reinforced polymer (FRP) moulding, offering customised solutions based on client-specific needs. The company manufactures a variety of polymer-based products, such as high-density polyethylene (HDPE) and polypropylene (PP) grade drums, carboys, jerrycans, barrels, pail buckets, toys, and automobile parts, among others. It also produces FRP products, including drone components and connectors. These products cater to industries like pharmaceuticals, chemicals, food and beverage, automotive, aerospace, and defence. The company operates two manufacturing facilities in Rabale, Navi Mumbai, with plans to set up a third unit in Mahad, Raigad.;
Founded in
2004
Managing director
Mr Hiren Bhawanji Shah
Parent organisation
Jyoti Global Plast Ltd

Strengths & Financials of Jyoti Global Plast

Strengths
Risks
Jyoti Global Plast serves a diverse range of industries, including pharmaceuticals, chemicals, food, and the automotive sector. The company claims to have over 1,000 active clients, with many of them providing repeat business year over year.
The company claims to have a product portfolio of over 50 different items, each tailored to the specific needs of various sectors, which helps it to maintain a competitive edge in multiple markets.
The company claims to have a fleet of six company-owned trucks, ensuring timely deliveries and greater control over logistics. It also operates an in-house laboratory for quality control, testing raw materials and finished goods to meet industry standards. Additionally, the company claims to have a unique in-house labelling and stickering facility, which minimises reliance on external vendors and improves operational efficiency.
The company is ISO 9001:2015 certified for its quality management systems.
The company has received a credit rating of ‘CRISIL BB + / Stable’ by CRISIL Ratings Limited for its long-term bank facilities.
The company has reported a consistent increase in profit after tax (PAT). It increased from Rs 2.32 crore in FY23 to Rs 3.61 crore in FY24 and Rs 6.08 crore in FY25.
A significant portion of the company’s revenue is derived from Maharashtra. It accounted for Rs 89.71 crore (95.96 percent) of the company’s revenue in FY25, Rs 83.03 crore (95.17 percent) in FY24, and Rs 84.55 crore (94.79 percent) in FY23. Any adverse political, social, or economic developments in this region could harm the company’s business and financial condition.
The top five suppliers accounted for Rs 31.13 crore (48.20 percent) of the company’s total purchase of raw materials in FY25, Rs 34.94 crore (55.48 percent) in FY24, and Rs 33.31 crore (50.10 percent) in FY23. Any disruption in supplies from one or more of these suppliers could adversely affect the company’s business and finances.
The top 10 customers accounted for Rs 20.19 crore (21.61 percent) of the company’s revenue in FY25, Rs 20.23 crore (23.19 percent) in FY24, and Rs 23.28 crore (26.10 percent) in FY23. Any failure to retain these key customers, expand the customer base, or a loss of business from these clients can adversely affect the company’s business and financial standing.
The company’s existing manufacturing units, as well as its proposed manufacturing unit, are concentrated in Maharashtra. Any disruption in this region could harm the company’s business, results of operations, and financial condition.
As of FY25, the company had trade receivables amounting to Rs 21.39 crore, an increase from Rs 19.53 crore in FY24. Any failure to collect these receivables on time or at all can negatively impact the business and its financial condition.
A significant portion of the company’s revenue is derived from the West Zone. It accounted for Rs 92.15 crore (98.57 percent) of the company’s revenue in FY25, Rs 86.16 crore (98.75 percent) in FY24, and Rs 87.27 crore (97.84 percent) in FY23. Any disruption in this region could adversely affect the company’s business.
The company is involved in certain ongoing legal proceedings. Any adverse judgments in any of these cases could be detrimental to the company’s business prospects.
As of June 15, 2025, the company had outstanding financial indebtedness amounting to Rs 25.97 crore. Any failure to service or repay these loans on time could harm the company’s operations and financial position.

Jyoti Global Plast Financials

*All values are in Rs. Cr
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Application Details of Jyoti Global Plast IPO

Apply asPrice bandApply Range
Regular62 - 66₹2 - 5 Lakh
High Networth Individual62 - 66₹2 - 5 Lakh
For Jyoti Global Plast IPO, eligible investors can apply as Regular.