Ideal Technoplast Industries IPO will open for subscription on Wednesday, August 21, and will close on Friday, August 23. The issue’s price band has been fixed at ₹121 per share. The Ideal Technoplast Industries IPO lot size is 1,000 shares.
Ideal Technoplast Industries Limited, a rigid plastic packaging producer, was founded in 2012 and sells its goods to both local and foreign markets (via third parties and export firms). For the paint, agricultural, chemical, cosmetic, adhesive, lubricant, food, and edible oil sectors, Ideal Technoplast provides industrial packaging solutions, including round and square containers, twist containers, and bottles.
The business uses cutting-edge manufacturing technologies, such as internal printing and design capabilities. The 20,000 square foot, multi-story production facility in Surat has cutting-edge technology, including a completely automated line. The company’s listed peers are Time Technoplast Ltd, TPL Plastech Ltd, and Mold-Tek Packaging Ltd.
Ideal Technoplast Industries SME IPO Important Dates
Get important updates regarding Ideal Technoplast Industries SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
| Basis of Allotment Date* | 26th Aug 2024 |
| Refunds Initiation* | 27th Aug 2024 |
| Credit of Shares to Demat* | 27th Aug 2024 |
| SME IPO Listing Date* | 28th Aug 2024 |
Ideal Technoplast Industries SME IPO Lots
| SME IPO Activity | Date |
| Issue Price | ₹121.00 |
| Market Lot: | 1000 Shares |
| 1 Lot Amount: | ₹121000 |
| Min HNI Lots: | 2000 shares (2 lots)- ₹242000 |
Ideal Technoplast Industries IPO GMP today
Ideal Technoplast Industries IPO GMP today or grey market premium is +15 . This indicates Ideal Technoplast Industries share price were trading at a premium of ₹15 in the grey market.
At the upper limit of the IPO price range and with the current premium in the grey market, Ideal Technoplast Industries’ share price is estimated to be listed at ₹136 per share, representing a 12.4% increase from the IPO price of ₹121. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
