Premium Plast Limited IPO has a ₹8 Grey Market Premium as of October 19, 2024, with a price range from ₹46 to ₹49 per share. Offering lots of 3000 shares, the subscription window is open from October 21 to October 23, 2024.
Premium Plast Limited IPO GMP Today
The Grey Market Premium (GMP) for Premium Plast Limited is ₹8 as of October 19, 2024. This assessment coincides with a price from ₹46 to ₹49 per share for the IPO.
Premium Plast Limited IPO Review
Premium Plast Ltd demonstrates robust financial health with consistent revenue growth and enhanced profitability. Revenue rose from ₹4,404.12 in FY2023 to ₹4,670.59 in FY2024, while profit after tax increased from ₹159.32 in FY2023 to ₹477.55 in FY2024, reflecting the company’s effective business expansion.
The company’s equity strengthened from ₹1,174.99 in FY2023 to ₹1,652.53 in FY2024, boosting shareholder returns as the Diluted EPS for FY2024 is ₹10.03 With a healthy balance sheet, NAV per share increased from ₹24.70 in FY2023 to ₹34.70 in FY2024, Premium Plast showcased strong liquidity and reduced reliance on debt.
To get a full IPO review, click here Premium Plast IPO
Premium Plast Limited IPO Date
Premium Plast Limited will start accepting subscriptions from October 21 to October 23, 2024.
Premium Plast Limited IPO Price
Premium Plast Limited’s price range is from ₹46 to ₹49 per share with a face value of ₹10 each.
Premium Plast Limited
The company is a tier-1 automotive component manufacturer, supplying exterior, interior, and under-the-hood plastic parts directly to OEMs. Its sustainable manufacturing practices result in zero-discharge units, boosting efficiency and cutting costs. With ISO 9001:2015, ISO 14001:2015, and IATF-16949 certifications, the company ensures high-quality products through rigorous testing before client delivery.
How To Apply For Premium Plast Limited IPO?
To apply for the Premium Plast Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Premium Plast Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Premium Plast Limited IPO at Alice Blue in just a few clicks!