August 11, 2025
admin
Listing Review:
The scrip is listed at Rs. 65.90, 0.15% discount to the issue price. Though it is very disappointingm it was expected looking to the subscription tally.
Final subscription Tally
| Size Rs. 33.66 Crore LM: | ||||
| QIB | NII x | RII x | Total x | Applications |
| 1.86 | 14.70 | 9.54 | 8.45 | 4946 |
| Subscription Review: Weak subscription till last day |
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About Jyoti Global Plast Limited
Jyoti Global Plast Ltd – Specialist in Plastic Molding Solutions
Incorporated in January 2004, Jyoti Global Plast Limited is engaged in the business of providing customized plastic molding solutions across diverse industries. The company manufactures a wide range of polymer-based packaging containers such as HDPE/PP drums, barrels, jerrycans, pails, as well as toys and components for sectors like pharmaceuticals, chemicals, food & beverages, lubricants, adhesives, oil, and childcare.
Its product portfolio includes:
✔️ Industrial Packaging Solutions
✔️ Automotive Components
✔️ Household & Consumer Products
✔️ Drone Components
✔️ Childcare and Baby Products
✔️ Custom Molding Solutions
The company operates two manufacturing units in Mumbai, Maharashtra, catering to over 1,000 clients across various sectors including paint, food, toys, adhesives, and oil. Its strong client base and wide-ranging applications of plastic components give it a well-diversified revenue base.
Jyoti Global Plast IPO Details
|
Sector: Plastic Moulding |
|
| IPO opens on | 4 August 2025 |
| IPO closes on | 6 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 53,70,000 Shares / Rs ?Crore |
| * Fresh Issue | – |
| * Offer for Sale – | – |
| Market Maker Portion | 270,000 Shares |
| Net offer to Public | 51,00,000 Shares Rs.? Crores |
| Face Value per share | Rs. 10 |
| Price Band | Rs. ? |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | ? Shares |
| Listing will at | NSE SME |
How shares are being offered
| Investor Category | Shares Offered |
| Market Maker | 2,70,000 (5.03%) |
| QIB | 25,46,000 (47.41%) |
| NII (HNI) | 7,66,000 (14.26%) |
| Retail | 17,88,000 (33.30%) |
| Total | 53,70,000 (100.00%) |
How shares can be applied?
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
Who are the Promoters of Jyoti Global Plast IPO?
The promoters of the company are Bhawanji Khimji Shah, Hiren Bhawanji Shah, Deven Bhawanji Shah, Karan Deven Shah and Sainyum Hiren Shah. The promoters hold 100.00% of the pre-IPO capital
What are the Objects of Jyoti Global Plast IPO?
The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects
+Part finance the cost of establishing new manufacturing facility to expand the production capabilities at Plot No. D-61/2, MIDC, Mahad, District Raigad-402309, Maharashtra, India (“Proposed new facility”) Rs. 11.17
+Funding capital expenditure requirements of the Company towards set up of Solar Power Plant Rs. 9 Cr.
+Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company Rs. 1.20 Cr.
+General corporate purposes
Jyoti Global Plast IPO Timetable
Tentative timetable |
|
| IPO opens on | 4 August 2025 |
| IPO Closes on | 6 August 2025 |
| IPO Allotment on | 7 August 2025 |
| Refund Initiation | 8 August 2025 |
| Credit of Shares | 8 August 2025 |
| Listing on | 11 August 2025 |
| Registered Office of the Company Jyoti Global Plast Ltd. R-554/555 TTC MIDC Area Rabale Navi Mumbai, Maharashtra, 400701 Email: info@jyotiglobalplast.com Website: https://jyotiglobalplast.com/ |
| Lead Managers of this IPO Unistone Capital ltd |
| Who is the Registrar to the IPO? Mufg Intime India Pvt ltd |
Jyoti Global Plast IPO IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Jyoti Global Plast IPO Financials
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
| Assets | 56.81 | 51.84 | 43.54 |
| Revenue | 93.8 | 87.96 | 89.35 |
| Profit After Tax | 6.08 | 3.62 | 2.32 |
| EBITDA | 11.66 | 7.75 | 5.82 |
| Net Worth | 21.34 | 15.26 | 11.65 |
| Reserves and Surplus | 5.84 | 14.76 | 11.15 |
| Total Borrowing | 25.31 | 28.95 | 23.84 |
| Amount in Rs. Crore | |||
Performance Indicators
| KPI | Values |
| ROE | 33.22% |
| ROCE | 22.35% |
| Debt/Equity | 1.19 |
| RoNW | 28.49% |
| PAT Margin | 6.50% |
| EBITDA Margin | 12.47% |
| EPS Rs. | 3.92 |
| PE Ratio |
How Jyoti Global Plast IPO compares with the Peers?
| Company Name | P/E (x) | RoNW (%) |
| Jyoti Global Plast | 28.49 | |
| TPL Plastech | 25.82 | 15.98 |
| Pyramid Technoplast | 24.11 | 10.7 |
| Mitsu Chem Plast | 21.34 | 7.48 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Chanakya’s IPO Review – Jyoti Global Plast Limited by Paresh Gordhandas, CA & Research Analyst
Chanakya’s Opinion: Will update soon
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