Ideal Technoplast Industries Limited IPO GMP

Ideal Technoplast Industries Limited is one of the leading manufacturer and supplier of rigid plastic packaging offering suitable Industrial Packaging i.e. Industrial container, adhesive, lubes, oil etc. for storage, handling and transportation of the valuable products of their prospective customers since 2012 ranging from 20KG, 10KG, 5KG, 2KG, 1KG, 20Ltr, 10Ltr, 4Ltr, 2Ltr, 1Ltr etc.

Ideal Technoplast, a Fixed Price Issue amounting to ₹16.03 crores, consisting entirely a Fresh Issue of 13.25 Lakh Shares. The subscription period for the Ideal Technoplast IPO opens on August 21, 2024, and closes on August 23, 2024. The allotment is expected to be finalized on or about Monday, August 26, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, August 28, 2024.

The Share price of Ideal Technoplast IPO is set at ₹121 equity per share, with a minimum lot size of 1,000 shares. Retail investors are required to invest a minimum of ₹121,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,000 shares), amounting to ₹242,000.

SWASTIKA INVESTMART LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. Sunflower Broking Private Limited will act as the Market Maker for the Ideal Technoplast IPO.

Ideal Technoplast Industries Limited IPO GMP Today
The Grey Market Premium of Ideal Technoplast Industries Limited IPO is expected in the range of ₹10 to ₹15 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Ideal Technoplast Industries Limited IPO Live Subscription Status Today
As of 04:23 PM on 23rd August 2024, the Ideal Technoplast Industries Limited IPO live subscription status shows that the IPO subscribed 104.54 times on last day of subscription period. Check the Ideal Technoplast Industries Limited IPO Live Subscription Status Today at NSE.

Ideal Technoplast Industries Limited IPO Allotment Status
Ideal Technoplast IPO allotment date is 26 August, 2024, Monday. Ideal Technoplast IPO Allotment will be out on 26th August 2024 and will be live on Registrar Website from the allotment date. Check Ideal Technoplast Industries Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Ideal Technoplast Industries Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Ideal Technoplast Industries Limited IPO
Ideal Technoplast Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹1,362.76 Lakhs is required to Meet Capital Expenditure; 
2. ₹80.49 Lakhs is required for General Corporate Purpose.

Refer to Ideal Technoplast Industries Limited RHP for more details about the Company.