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Premium Plast Limited

  • Minimum Investment
    ₹1,38,000
  • Price Range
    ₹46 - ₹49
  • Issue Size
    ₹26.20 Cr
  • Lot Size
    3000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Expansion of existing manufacturing facility at Pithampur, Madhya Pradesh, and purchase of machinery

Funding of capital expenditure requirement of the company towards set up of a Rooftop On-Grid Solar Power Plant at the existing manufacturing facility

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company

General corporate purpose

Offer related expenses

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Premium Plast Limited

Diverse specialised plastic products

The company's ability to continuously diversify and develop products, supported by strategically located manufacturing facilities, allows it to launch new items that align with evolving consumer preferences. It specialises in automotive parts and has produced over 600 components across three sites in India, also offering plastic industrial and packaging components for various industries

Robust design optimisation capabilities

The company relies on integrated, location-focused manufacturing operations, strong design capabilities, and a commitment to quality and cost efficiency to achieve customer satisfaction and loyalty, generating repeat business. The evolving product portfolio and ability to offer customised manufacturing solutions are driven by strong design capabilities.

Sustainable business development

The company is a socially and ethically compliant manufacturer of automotive parts, plastic industrial components, and packaging components. Its sustainable business model focuses on reusing waste plastic, reducing waste and raw material costs, and achieving ‘zero-discharge’ in their manufacturing units

Dependent on major clients

The company depends on major customers without firm agreements, meaning the loss or reduced purchases from these clients, or a lack of success in a key vehicle model it supplies, could negatively impact the business and financial health

Reliance on injection and blow molding

The company heavily relies on its automotive molding products division (injection and blow molding) for a substantial portion of revenue, so any interruption or loss of customers in this area could negatively impact its business and operations

Dependent on passenger vehicle performance

The company is heavily reliant on the performance of the passenger vehicle market in India, and any adverse changes in this market could negatively impact its business, operations, and financial condition

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Premium Plast Limited

Premium Plast Ltd. was incorporated on November 14, 1995. The company designs, manufactures, and supplies exterior plastic components, interior cabin components, and under-the-hood components directly to commercial vehicle OEMs. As an IATF-16949, ISO 9001:2015, and ISO 14001:2004 certified manufacturer, it produces a wide variety of plastic articles, specializing in over 600 automotive parts across three strategically located facilities in India
  • Promoter
    Chetan Nagendra Dave
  • Promoter
    Lopa Chetan Dave

Premium Plast Limited IPO FAQs

What is Premium Plast Limited IPO?

Premium Plast Limited IPO refers to the initial public offering of shares by Premium Plast Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Premium Plast Limited IPO?

For Premium Plast Limited IPO the issue size is ₹26 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Premium Plast Limited IPO?

For Premium Plast Limited IPO the minimum investment is ₹1,38,000. The minimum investment for Premium Plast Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Premium Plast Limited IPO?

For Premium Plast Limited IPO the lot size is 3000 shares. The lot size of Premium Plast Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Premium Plast Limited IPO on Share.Market?

To apply for Premium Plast Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Premium Plast Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Premium Plast Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Premium Plast Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Premium Plast Limited IPO?

For Premium Plast Limited IPO the allotment date is October 24, 2024. The allotment date of Premium Plast Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Premium Plast Limited IPO?

For Premium Plast Limited IPO, the subscription opens on October 21, 2024 and closes on October 23, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Blockbuster Bidding Ongoing
-
Total Subscription
8.75x Oversubscribed