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 Date | 2 November 2022 |
| Closing Date | 7 November 2022 |
| Basis of Allotment | 11 November 2022 |
| Initiation of refunds | 14 November 2022 |
| Transfer of shares to demat accounts | 15 November 2022 |
| Listing Date | 16 November 2022 |
Technopack Polymers IPO Details
| Price Band | ₹55 per share |
| Lot Size | 2000 Shares |
| Minimum Amount for 1 lot | ₹1,10,000 |
| Total IPO size | ₹7.87 crore |
| Offer for Sale | 14,30,000 shares |
| Listing At | BSE SME |
| Retail Quota | 50% |
| QIB Quota | – |
| NII Quota | 50% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click 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 Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 357.87 | 355.27 | 3.8 | 97.63 | -2.37 | 257.36 |
| 31-Mar-21 | 585.73 | 615.74 | 1.91 | 99.54 | -0.46 | 328.98 |
| 31-Mar-22 | 926.29 | 1002.87 | 210.83 | 300.37 | 200.37 | 270.78 |
| 31-Jul-22 | 1183.82 | 482.1 | 93.94 | 779.31 | 382.31 | 160.56 |
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
N/A
Company Promoters
- Mr. Kalpeshkumar Ishwarlal Pandya
- Mr. Chetankumar Ishvarlal Pandya
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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
Email: compliance@technopackltd.com
Website: https://technopackltd.com/
Technopack Polymers IPO GMP
| GMP (Grey Market Premium) | Subject to Sauda | Listing Gain |
| – | – | – |
Technopack Polymers IPO Subscription Details
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | – |
| Non-Institutional Buyers | 19.82 |
| Retail Investors | 19.81 |
| Employees | – |
| Others | – |
| Total | 19.81 |
Technopack Polymers IPO Subscription Details (times)
| Date | NII | Retail | Total |
|---|---|---|---|
| Day 1 Nov 2, 2022 | 0.48 | 0.83 | 0.66 |
| Day 2 Nov 3, 2022 | 1.09 | 2.61 | 1.85 |
| Day 3 Nov 4, 2022 | 1.78 | 4.81 | 3.29 |
| Day 4 Nov 7, 2022 | 19.82 | 19.81 | 19.81 |
Technopack Polymers IPO Allotment Status
| Check Technopack Polymers IPO Allotment Status | Click Here |
Technopack Polymers IPO Listing Performance
Technopack Polymers IPO Listing Price is ₹74.00
| IPO Price Band | ₹55 |
| Open | ₹74.00 |
| Low | ₹70.30 |
| High | ₹77.70 |
| Close | ₹77.70 |
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