Ideal Technoplast Industries Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹121
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,21,000
Issue Size
₹16.03 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50.16%
QIB Quota
0%
NII Quota
49.84%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Ideal Technoplast Industries Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.5%
Issue Type
Fixed Price - SME
ISIN
INE0T9I01011
About the Company
Ideal Technoplast Industries Limited stands as a prominent manufacturer and supplier of rigid plastic packaging. The Company also exports globally (indirectly through export houses and third parties). The Company provides industrial packaging solutions catering to various sectors such as paints, agro, chemicals, cosmetics, adhesives, lubricants, food, and edible oil. Its Surat facility spans multiple stories, covering an area of 20,000 sq. ft., and features advanced technology, including a fully automated plant along with In-House Design & Printing Technology and it has specialization in manufacturing square packaging containers, known for their ruggedness, durability and ease of handling heavy items, has positioned it as a trusted and recognized player in the market. The Company has also developed innovative Ideal Eco Tiles and Ideal Eco Basin, not only eliminating plastic but also enhancing aesthetics to enrich the surroundings.
Industry Overview
The plastic containers industry plays a crucial role in the packaging sector, offering versatile and durable solutions for various applications across different industries. Plastic containers are widely used for packaging, storing, and transporting a wide range of products, including chemicals, paints, construction materials, oils, agrochemicals, dairy products, adhesives, food items, lubricants, and inks. As a result, the demand for plastic containers is driven by diverse end-user industries, each with its unique requirements and specifications. In recent years, the Indian plastic containers industry has experienced robust growth, buoyed by several factors, including population growth, urbanization, rising disposable incomes, and changing consumer preferences. According to industry reports, the Indian packaging industry is expected to witness significant expansion, reaching a market size of USD 72.6 billion by 2025, with plastic packaging accounting for a substantial share of the market. The Make in India initiative, launched by the Government of India in 2014, has further catalyzed the growth of the manufacturing sector, positioning India as a global manufacturing hub.
Company History
Ideal Technoplast Industries Limited was originally formed and registered as a Partnership Firm under the Partnership Act, 1932 ("Partnership Act") in the name and style of "Ideal Technoplast Industries", pursuant to a deed of partnership dated 24th August, 2012. Thereafter "Ideal Technoplast Industries" was converted from Partnership Firm to a Limited Company under Part I (Chapter XXI) of the Companies Act, 2013 in the name of "Ideal Technoplast Industries Limited" and received a certificate of incorporation dated 23rd November, 2023 issued by the Registrar of Companies, Ahmedabad. As on date of this Draft Prospectus the Corporate Identification Number of the Company is U22203GJ2023PLC146444.
Products & Services
- Ideal Technoplast Industries Limited provides industrial packaging solutions catering to various sectors such as paints, agro, chemicals, cosmetics, adhesives, lubricants, food, and edible oil.
Growth Strategy
- Diversified Industrial Client Portfolio allows continuous production ensures continuous production demand. Prime focus is on food industry that has continuous demand.
- Product Range with multiple SKU's (Stock Keeping Units) has lead the company to be one-stop shop solutions for customers leading to higher fulfilment ratio.
- Latest on the product label printing technology and unique designs providing an edge over competitors.
- Adoption of ZED (Zero Defect Zero Effect), SA 8000 (Social Accountability 8000), EPR (Extended Producer Responsibility) and other quality certification for brand enhancement and enter MNC clients and exports market.
- Quick Service due to advanced machinery and robotic automation.
- Building international distributor network for exports.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 (Feb), FY24 (Mar) and FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
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.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Experienced Promoter and Management Team.
- Diversified Range of rigid plastic packaging solutions.
- Advanced Manufacturing Technologies.
- Automated Precision.
- High Customer Retention.
- The company's business is substantially dependent on its key customers from whom the company derives a significant portion of its revenues. The loss of any significant clients may have a material and adverse effect on its business and results of operations.
- The Company is dependent on few States. Loss of any of this large States may affect its business operations.
- The Company is dependent on few numbers of suppliers for purchase of raw material. Loss of any of this large Suppliers may affect its business operations.
- The Company are majorly dependent on two states i.e. Haryana and Gujarat for purchase of raw material. In case of uncertainties and adverse developments in these states can affect the business of the company's ability to procure raw materials and to carry on the business.
- The company will continue to be controlled by its Promoters and certain related entities after the completion of the Issue.