Premium Plast IPO description – Premium Plast is a leading tier-1 supplier of automotive components. The company designs, manufactures, and supplies exterior plastic components, interior cabin parts, and under-the-hood components directly to commercial vehicle OEMs. It produces various injection-molded and blow-molded plastic products for multiple industries and applications.
With a product portfolio encompassing over 600 components, Premium Plast specializes in automotive parts for both exterior and interior applications, including steering wheel components, industrial plastic parts, and moulded industrial packaging. The company serves well-known OEMs such as TAFE, Varroc Excellence, Lavino Kapur, and Raychem RPG.
Premium Plast operates three manufacturing facilities, two located in Pithampur, Madhya Pradesh, and one in Vasai, Maharashtra, boasting a total installed capacity of 1,975 MTPA. As of 30 June 2024, The company employs 39 permanent staff.
Promoters of Premium Plast – Mr. Chetan Nagendra Dave, and Dr. Lopa Chetan Dave
Table of Contents
Premium Plast IPO Details
| Premium Plast IPO Dates | 21 – 23 October 2024 |
| Premium Plast Issue Price | INR 46 – 49 per share |
| Fresh issue | 53,46,000 shares (INR 24.59 – 26.20 crore) |
| Offer For Sale | NIL |
| Total IPO size | 53,46,000 shares (INR 24.59 – 26.20 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 1,47,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 44.98% |
| Listing On | NSE EMERGE |
Premium Plast Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 |
| Revenue | 30.99 | 44.04 | 46.71 | 12.13 |
| Expenses | 30.08 | 41.84 | 40.25 | 10.18 |
| Net income | 0.78 | 1.59 | 4.78 | 1.41 |
Premium Plast Offer News
- Premium Plast RHP
- Premium Plast Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Premium Plast Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.63 | 3.35 | 10.03 |
| PE ratio | – | – | 4.59 – 4.89 |
| RONW (%) | 7.65 | 13.56 | 28.90 |
| NAV | 21.30 | 24.70 | 34.70 |
| ROCE (%) | 6.76 | 13.95 | 28.01 |
| EBITDA (%) | 3.13 | 5.01 | 13.82 |
| Debt/Equity | 0.42 | 0.35 | 0.34 |
Premium Plast IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 26 October 2024 | 7 | – | 18,500 |
| 25 October 2024 | 12 | – | 22,000 |
| 24 October 2024 | 15 | – | 25,000 |
| 21 October 2024 | 10 | – | 17,500 |
| 19 October 2024 | 7 | – | 10,000 |
| 18 October 2024 | 7 | – | 10,000 |
| 17 October 2024 | 7 | – | 10,000 |
Premium Plast IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 5,10,000 | 22,83,000 | 22,83,000 | 50,76,000 |
| 23 Oct 2024 | 6.74 | 19.68 | 65.37 | 38.93 |
| 22 Oct 2024 | 1.00 | 2.22 | 17.01 | 8.75 |
| 21 Oct 2024 | 1.00 | 0.87 | 7.05 | 3.67 |
The market maker reservation portion of 2,70,000 shares is not included in the above calculations.
Premium Plast IPO Dates & Listing Performance
| IPO Opening Date | 21 October 2024 |
| IPO Closing Date | 23 October 2024 |
| Finalization of Basis of Allotment | 24 October 2024 |
| Initiation of refunds | 25 October 2024 |
| Transfer of shares to demat accounts | 25 October 2024 |
| IPO Listing Date | 28 October 2024 |
| Opening Price on NSE SME | INR 51.45 per share (up 5%) |
| Closing Price on NSE SME | INR 48.90 per share (down 0.20%) |
Premium Plast Offer Lead Manager
KHANDWALA SECURITIES LIMITED
Vikas Building, Ground Floor, Green Street,
Fort, Mumbai 400 023, Maharashtra, India
Phone:Â +91 22 4076 7373
Email:Â [email protected]
Website:Â www.kslindia.com
Premium Plast Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Premium Plast Issue Contact Details
PREMIUM PLAST LIMITED
Gala No 3, Shiv Shankar Indl Est No 1,
Virar City (M Corp), Valiv, Thane,
Vasai – 401 208, Maharashtra, India
Phone: +91 025 0660 1160
E-mail: [email protected]
Website: www.premiumplast.in
IPO FAQs
What is Premium Plast offer size?
Premium Plast offer size is INR 24.59 – 26.20 crores.
What is Premium Plast offer price band?
Premium Plast public offer price is INR 46 – 49 per share.
What is the lot size of Premium Plast IPO?
Premium Plast offer lot size is 3,000 shares.
What is Premium Plast IPO GMP today?
Premium Plast IPO GMP today is INR 7 per share.
What is Premium Plast kostak rate today?
Premium Plast kostak rate today is INR NA per application.
What is Premium Plast Subject to Sauda rate today?
Premium Plast’s Subject to Sauda rate today is INR 18,500 per application.
