IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Premium Plast Ltd

Registered Office : Gala #.3 Shiv Shankar Indl Est,#.1 Virar City (M Corp) Valiv,Thane Maharashtra 401208 Phone : +91 025 0660 1160
Fax :

Email : info@premiumplast.in

Website : www.premiumplast.in

Initial public offer of upto 53,46,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an issue price of Rs. 49 per equity share (including a share premium of Rs. 39 per equity share) for cash, aggregating up to Rs. 26.20 crores ("Public Issue") out of which 2,70,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 49 per equity share for cash, aggregating Rs. 1.32 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 50,76,000 equity shares of face value of Rs. 10/ - each, at an issue price of Rs. 49 per equity share for cash, aggregating up to Rs. 24.88 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27.99 % and 26.58 % respectively of the post-issue paid-up equity share capital of the company.

Issue

Opens On

Closes On

21-Oct-2024

23-Oct-2024

Money Payable On

Application

Allotment

49.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

23.10

26.20

19.10

49.00

Khandwala Securities Ltd

Projects

Expansion of existing mfg facility , purchase of machineries

Funding of capital expenditure requirements of the company towards set up of Rooftop on Grid Solar Power Plant at its existing Mfg facility

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company

General corporate purposes

Promoted By

Chetan Nagendra Dave

Lopa Chetan Dave

Alpa Bhagirath Desai

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd