Support

Ideal Technoplast Industries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Ideal Technoplast Industries Ltd IPO

Registered Office: Plot#.1-4 & 78-81 Block #572 &,-572/B Madhav Ind.Este.V Olpad , Surat - 394540 , Gujarat , India.
Phone : 0261 2769 409   Fax:
Email :  cs@idealtechnoplast.com  
Website :  www.idealtechnoplast.in
Initial public issue of 13,25,000 equity shares of face value of (Rs)10/- each of Ideal Technoplast Industries Limited ("Ideal" or the "Company" or the "Issuer") for cash at a price of (Rs)121/- per equity share including a share premium of (Rs)111/- per equity share (the "Issue Price") aggregating to (Rs)16.03 crores ("The Issue"), of which 67,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)121/- per equity share including a share premium of (Rs)111/- per equity share aggregating to (Rs)0.81 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 12,58,000 equity shares of face value of (Rs)10/- each at a price of (Rs)121/- per equity share including a share premium of (Rs)111/- per equity share aggregating to (Rs)15.22 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.16% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price is (Rs)121/-. The issue price is 12.10 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Aug-24 23-Aug-24 (Rs)121.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  (Rs Cr) Lead Managers to the Issue
Project Cost 14.43
Swastika Investmenrt Ltd
Project Financed through Current Offer 16.03  
Post Issue Equity Share Capital 5.00  
Issue Price (Rs)121.00  
 
Projects
To meet capital expenditureGeneral corporate purposes
Promoted By
Prafulbhai Karshanbhai Vaghasi  
Vaishnaviben Prafulbhai Vaghas  
Vipulbhai Dulabhai Mendapara  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd