Technopack Polymers IPO GMP, Review, Price, Allotment

Technopack Polymers IPO GMP, Review, Price, Allotment

Technopack Polymers Limited’s portfolio includes polyethylene terephthalate PET preforms (PET preforms are used by client companies in packaged drink industry, carbonated soft drinks, etc. The Company has full automated machines to produce PET Preforms and Sealing Caps in Rajkot, Gujarat. Technopack is the leading company in Rigid-Flex Plastics, paper packing, and bulk resins imports, having 12 years experience in innovation in packing products. World-class production facilities with largest warehouses in India for Plastic Resin Importing Business. 

Technopack Polymers Limited is handling more than 10000 tonnes of plastics & papers every year. Technopack is the only company capable of providing their customers a complete line of quality plastic packing solutions, as well as being the leading producer of corrugated boxes and packaging materials. World-class manufacturing facilities with rigorous quality standards assure the highest-quality products are produced that meet all industry requirements. Using only the latest machines and molds, Technopack is able to deliver better efficiency and quality compared with other alternatives, and remains a preferred supplier to mid-market to large-scale customers. 

Technopack Polymers IPO Important Dates

Opening Date2 November 2022
Closing Date7 November 2022
Basis of Allotment11 November 2022
Initiation of refunds14 November 2022
Transfer of shares to demat accounts15 November 2022
Listing Date16 November 2022

Technopack Polymers IPO Details

Price Band₹55 per share
Lot Size2000 Shares
Minimum Amount for 1 lot₹1,10,000
Total IPO size₹7.87 crore
Offer for Sale14,30,000 shares
Listing AtBSE SME
Retail Quota50%
QIB Quota
NII Quota50%
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Objects of the Issue

  • Part funding to purchase and set up additional SACMI CCM24S-F plant for manufacturing of HDPE Beverages Closures.
  • Additional Working Capital Requirement
  • General Corporate Purpose

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing

IPO Valuation – FY2022

Earning Per Share (EPS):₹6.45 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):70.19%
Net Asset Value (NAV):₹30.04 per Equity Share

Peer Group


Company Promoters

  • Mr. Kalpeshkumar Ishwarlal Pandya
  • Mr. Chetankumar Ishvarlal Pandya 

IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200

Company Contact Information

Technopack Polymers Limited
M/s Gokul Industries Rafaleshvar Industrial Estate
Nr. Rafaleshvar Rlw. Track, Morbi,
Jambudiya, Dist. Rajkot Gujarat – 363642
Phone: +91 9099070066

Technopack Polymers IPO GMP

GMP (Grey Market Premium)Subject to SaudaListing Gain

Technopack Polymers IPO Subscription Details

Investor CategorySubscription (times)
Qualified Institutions
Non-Institutional Buyers19.82
Retail Investors19.81

Technopack Polymers IPO Subscription Details (times)

Day 1
Nov 2, 2022
Day 2
Nov 3, 2022
Day 3
Nov 4, 2022
Day 4
Nov 7, 2022

Technopack Polymers IPO Allotment Status

Check Technopack Polymers IPO Allotment StatusClick Here

Technopack Polymers IPO Listing Performance

Technopack Polymers IPO Listing Price is ₹74.00

IPO Price Band₹55

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One Comment

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