BAJAJ BROKING

Notification
No new Notification messages
Divine Hira Jewellers IPO is Open!
Apply for the Divine Hira Jewellers IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Premium Plast Ltd

Auto Ancillaries

Offer Period :

21st to 23rd Oct 2024

Premium Plast Ltd IPO Details

IPO Date 21st to 23rd Oct 2024 Minimum Investment ₹147000 / 1 Lots
Listing Date 2024-10-28 Maximum Investment ₹147000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹26.2 Crores
Price ₹49 to ₹49 per share Fresh Issue ₹26.2 Crores
Lot Size 1 Lots (3000 Shares) Offer For Sale ₹ [-]
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per Share Shareholding Pre Issue 13751100 Shares
Issue Type Book Building - SME Shareholding Post Issue 19097100 Shares
IPO Date 21st to 23rd Oct 2024
Listing Date 2024-10-28
Face Value ₹10 per share
Price ₹49 to ₹49 per share
Lot Size 1 Lots (3000 Shares)
Listing At NSE-SME
Total Issue Size ₹26.2 Crores
Employee Discount ₹0 per share
Issue Type Book Building - SME
Minimum Investment ₹147000 / 1 Lots
Maximum Investment ₹147000 / 1 Lots
Fresh Issue ₹26.2 Crores
Offer For Sale ₹[-] Crores
Retail Discount ₹0 Crores
Shareholding Pre Issue 13751100 Shares
Shareholding Post Issue 19097100 Shares

About Premium Plast Ltd IPO

Founding Head: 1995

Managing Director: Chetan Nagendra Dave

PREMIUM PLAST LIMITED Timeline

Important dates for allocation and IPO listing.

21st Oct

IPO Opens

23rd Oct

IPO Close

24th Oct

Allotment Date

25th Oct

Initiation of Refund

25th Oct

Credit of Shares to Demat Account

-

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 95.45 68.73
Public Group 4.55 31.27

Premium Plast Ltd IPO Reservation

QIB Shares Offered 510000(9.54%)
NII (HNI) Shares Offered 2283000(42.7%)
Retail Shares Offered 2283000(42.7%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 5346000
Total Shares With Anchor Investor 5346000

Premium Plast Ltd IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 ₹147000
Retail (Max) 1 3000 ₹147000
S HNI (Min) 2 6000 ₹294000
S HNI (Max) 6 18000 ₹882000
B HNI (MIN) 7 21000 ₹1029000

Premium Plast Ltd IPO Anchor Investor Details

Bid Date -
Shares Offered 0
Anchor Portion Size 0

Premium Plast Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 226 263 8200
Email Id investor@bigshareonline.com
Our Website www.bigshareonline.com

Premium Plast Ltd IPO Lead Manager

1. Khandwala Securities Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Premium Plast Ltd Financial Information

Period Ended March 31, 2024 March 31, 2023 March 31, 2022
Net Worth ₹16.53 ₹11.75 ₹10.16
Reserves and Surplus ₹11.76 ₹6.99 ₹5.4
Total Borrowing ₹8.31 ₹5.05 ₹5.12

Premium Plast Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
Qualified Institutional Buyers (QIBs) 0 3435000 0
Non Institutional Investors (NIIs) 0 44925000 0
NII(Bid amount of more than Ten Lakh Rupees) 0 0 0
NII(Bid amount of more than 2 Lakh < 10 Rupees) 0 0 0
Retail Individual Investors (RIIs) 0 149238000 0
Total 5346000 197598000 36.9618

Strength of Premium Plast Ltd

1. Long-standing relationships with established customers, with potential to expand its customer base.

2. Diverse range of specialised plastic products across varied customer segments.

3. Robust design optimisation capabilities.

4. Sustainable business development.

5. Existing client and supplier relationships.

6. Strategic location of manufacturing units.

Risks Involved

1. Its business is dependent on certain major customers, with whom the company does not have firm commitment agreements. The loss of such customers, a significant reduction in purchases by such customers, or a lack of commercial success of a particular vehicle model of which the company is a significant supplier could adversely affect its business, results of operations and financial condition.

2. The company significantly relies on automotive molding products (injection and blow molding) division for a significant amount of revenue, and any interruption or reduction in the customers in the said division may adversely affect its business and results of operations.

3. Pricing pressure from customers may adversely affect its gross margin, profitability and ability to increase the company prices, which in turn may materially adversely affect its business, results of operations and financial condition.

4. The company is heavily dependent on the performance of the passenger vehicle market in India. Any adverse changes in the conditions affecting the passenger vehicle market can adversely impact its business, results of operations and financial condition.

5. Its failure to identify and understand evolving industry trends and preferences and to develop new products to meet its customers' demands may materially adversely affect the company's business.

6. There have been instances of delays in payment of statutory dues, i.e. ESIC and EPF by the Company. In case of any delay in payment of statutory due in future by our Company, the Regulatory Authorities may impose monetary penalties on it or take certain punitive actions against the Company in relation to the same which may have adverse impact on its business, financial condition and results of operations.

7. The company failures to compete effectively in the highly competitive automotive components industry and to keep pace with advances with its research and development ("R&D") capabilities, including retaining qualified engineers and staff, could result in the loss of customers, which could have an adverse effect on its business, results of operations, financial condition and future prospects.

8. The company depends on third parties for the supply of raw materials and delivery of products and such third parties could fail to meet their obligations, which may have a material adverse effect on its business, results of operations and financial condition.

9. As on date the company has not obtained any of the approvals, clearances and permissions as may be required from the relevant authorities for the proposed expansion at its manufacturing units. In the event the company is unable to obtain such approvals and permits, its business, results of operations, cash flows and financial condition could be adversely affected.

10. There can be no assurance that the objects of the Issue will be achieved within the time frame anticipated or at all, or that the deployment of the Net Proceeds in the manner intended by it will result in any increase in the value of your investment. Further, the plan for deployment of the Net Proceeds has not been appraised by any bank or financial institution.

Why should you invest in

-

Premium Plast Ltd Financials

Particulars For the financial year ending (in ₹ million)
  2023 2022 2021
Total Assets 29.05 25.17 25.43
Total Liabilities 29.05 25.17 25.43
Total Expenses 41.84 30.08 27.01
Total Revenue 
44.05 31.05 27.98
Profit After Tax 1.59 0.78 0.76
EBITDA 5.45 4.6 4.75
Adjusted EBITDA 0 0 0

PREMIUM PLAST LIMITED IPO Contact Details

Premium Plast Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-10-28 93480 PREMIUM
INE0M1F01011
₹49 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹49 ₹49
Open ₹0 ₹51.45
Low ₹0 ₹48.9
High ₹0 ₹51.75
Low ₹0 ₹48.9

Frequently Asked Questions

What is Premium Plast Ltd IPO?

Answer Field

Premium Plast Ltd IPO is a SME IPO of 53,46,000 equity shares of a face value of ₹10 aggregating up to ₹26.2 Crores. The issue is priced at ₹49 to ₹49 per share. The minimum order quantity is 3000 Shares. The IPO opens on October 21, 2024, and closes on October 23, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Premium Plast Ltd IPO will open?

Answer Field

The Premium Plast Ltd IPO opens on October 21, 2024 and closes on October 23, 2024.

What is the lot size of Premium Plast Ltd?

Answer Field

Premium Plast Ltd lot size is 3000 shares, and the minimum amount required is ₹1,47,000.

How to apply for Premium Plast Ltd IPO?

Answer Field

You can apply in Premium Plast Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Premium Plast Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Premium Plast Ltd IPO will be done on October 24, 2024, and the allotted shares will be credited to your demat account by October 25, 2024.

When is Premium Plast Ltd IPO listing date?

Answer Field

The Premium Plast Ltd listing date is October 28, 2024.

Who is the registrar of Premium Plast Ltd IPO?

Answer Field

The registrar of Premium Plast Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Khandwala Securities Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Premium Plast Ltd IPO?

Answer Field

The fresh issue size is ₹26.2 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Premium Plast Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 3000 shares and ₹1,47,000 amount.

How can I approve the UPI mandate request for Premium Plast Ltd IPO?

Answer Field

To apply for Premium Plast Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Premium Plast Ltd?

Answer Field

The price of each Premium Plast Ltd share will be ranging in between ₹49 to ₹49 per share.

What is the cut-off time for the UPI mandate for Premium Plast Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, October 23, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • PARADEEP PARIVAHAN LIMITEDSME IPO

  • Bidding Dates

    17th Mar 2025 - 3rd Mar 2025

  • Price Range

    ₹93.0 - 98.0

  • IPO Size

    ₹44,86,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • VOLER CAR LIMITEDSME IPO

  • Issue Price

    90.00

  • Listing Day Close

    91.45

  • Listing Day (Gain/Loss)

    1.11

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9 lakh+ Users

icon-with-text

4.3+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4300+ Cr MTF Book

icon-with-text