Platinum Industries Limited IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | February 27, 2024 |
| Close Date:- | February 29, 2024 |
| Allotment Date:- | March 1, 2024 |
| Listing Date:- | March 5, 2024 |
About Platinum Industries Limited :-
Established in August 2016, Platinum Industries Limited specializes in the production of stabilizers, focusing on manufacturing PVC stabilizers, CPVC additives, and lubricants.
The company's range of products finds application in various industries including PVC pipes, PVC profiles, PVC fittings, electrical wires and cables, SPC floor tiles, Rigid PVC foam boards, packaging materials, among others.
Situated in Palghar, Maharashtra, the company's manufacturing facility spans 21,000 sq. ft. of land.
Over the span of six years, the company's revenue from operations experienced a remarkable growth, achieving a Compound Annual Growth Rate (CAGR) of 42.11%, rising from ₹284.19M in 2018 to ₹2,340.56M in 2023.
As of July 2023, Platinum Industries Limited operates twelve distribution centers across India.
As of May 31st, 2023, the company's production unit employs 71 staff and 17 workers.
Contact Details :-
Address:- Platinum Industries Limited Unit No. 841, 4th Floor, Solitaire Corporate Park-8, Andheri Kurla Road Andheri (E), Mumbai –400093
Phone:- +91 7304538055
E-mail:- cs@platinumindustriesltd.com
Website:- https://platinumindustriesltd.com/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | Mainline |
| Price:- | ₹162 to ₹171 |
| Lot Size:- | 87 |
| Minimum Amount for 1 Lot:- | ₹14,877 |
| Listing At:- | BSE, NSE |
| Total issue of Shares:- | 1,37,61,225 |
| Total issue Size:- | ₹235.32 Crore |
| Fresh issue of Shares:- | 1,37,61,225 |
| Fresh issue Size:- | ₹235.32 Crore |
| Face Value:- | ₹10 per Equity Share |
| Retail Quota:- | 35% |
| QIB Quota:- | 50% |
| NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Crore
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 137.72 | 121.17 | 84.48 | 32.26 |
| Revenue | 123.73 | 232.56 | 189.24 | 89.53 |
| Profit After Tax | 22.84 | 37.58 | 17.75 | 4.82 |
| Net Worth | 85.04 | 61.88 | 22.34 | 4.47 |
| Reserves and Surplus | 44.86 | 21.80 | 21.28 | 3.53 |
| Total Borrowing | 11.46 | 17.43 | 24.24 | 3.26 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 939 |
| ROE:- | 90.02% |
| ROCE:- | 56.85% |
| Debt/Equity:- | 0.28 |
| RoNW:- | 61.26% |
IPO Registrar :-
Name:- Bigshare Services Pvt Ltd
Website:- https://ipo.bigshareonline.com/ipo_status.html
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Platinum Industries Limited IPO DHRP:- | Click Here |
| Platinum Industries Limited IPO RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 23-02-2024 | ₹90 | ₹261 | 52.63% |
| 24-02-2024 | ₹90 | ₹261 | 52.63% |
| 25-02-2024 | ₹90 | ₹261 | 52.63% |
| 26-02-2024 | ₹100 | ₹271 | 58.48% |
| 27-02-2024 | ₹98 | ₹269 | 57.31% |
| 28-02-2024 | ₹95 | ₹266 | 55.56% |
| 29-02-2024 | ₹88 | ₹259 | 51.46% |
| 01-03-2024 | ₹99 | ₹270 | 57.89% |
| 02-03-2024 | ₹85 | ₹256 | 49.71% |
| 03-03-2024 | ₹85 | ₹256 | 49.71% |
| 04-03-2024 | ₹87 | ₹258 | 50.88% |
| 05-03-2024 | ₹87 | ₹258 | 50.88% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| February 27, 2024 | 0.07 | 13.68 | 10.47 | 13.68 | 13.68 | 8.19 |
| February 28, 2024 | 0.90 | 42.97 | 25.76 | 42.97 | 42.97 | 22.35 |
| February 29, 2024 | 151.00 | 141.79 | 50.92 | 141.79 | 141.79 | 98.99 |
Allotment Status:-
| Particulars | Link |
|---|---|
| Check Allotment Status (available on March 1, 2024) | Click Here |
Listing Details :-
| Particulars | Value |
|---|---|
| Listing Date:- | March 5, 2024 |
| BSE Script Code:- | 544134 |
| NSE Symbol :- | PLATIND |
| ISIN:- | INE0PT501018 |
| Final Issue Price:- | ₹171.00 |
| Open:- | ₹225.00 |
| Low:- | ₹221.00 |
| High:- | ₹236.25 |
| Close:- | ₹221.20 |
Platinum Industries Limited IPO FAQ :-
What is the opening date for Platinum Industries Limited IPO?
The Platinum Industries Limited IPO opens on February 27, 2024.
What is the closing date for Platinum Industries Limited IPO?
The Platinum Industries Limited IPO closes on February 29, 2024.
When will the shares be allotted for Platinum Industries Limited IPO?
Shares of Platinum Industries Limited IPO will be allotted on March 1, 2024.
What is the listing date for Platinum Industries Limited IPO?
The listing date for Platinum Industries Limited IPO is March 5, 2024.
What is the price/ price range for Platinum Industries Limited IPO?
The price/ price range for Platinum Industries Limited IPO is ₹162 to ₹171.
What is the minimum lot size for the Platinum Industries Limited IPO?
The minimum lot size for Platinum Industries Limited IPO is 87 shares.
What is the minimum investment required for retail investors in the Platinum Industries Limited IPO?
The minimum investment required for retail investors in the Platinum Industries Limited IPO is ₹14,877.
What type of IPO is the Platinum Industries Limited IPO?
The type of Platinum Industries Limited IPO is Mainline.
What is the total issue size of the Platinum Industries Limited IPO?
The total issue size of Platinum Industries Limited IPO is ₹235.32 Crore.
How many shares are being offered in the Platinum Industries Limited IPO?
Total 1,37,61,225 shares are being offered in the Platinum Industries Limited IPO.
What is the face value of Platinum Industries Limited IPO share?
The face value of Platinum Industries Limited IPO share is ₹10.
What is the market capitalization of the Platinum Industries Limited IPO?
The market capitalization of the Platinum Industries Limited IPO is ₹939.22 Crore.
Who is the registrar for the Platinum Industries Limited IPO?
The registrar for the Platinum Industries Limited IPO is Bigshare Services Pvt Ltd.
Where can I check the IPO Allotment status for Platinum Industries Limited IPO?
You can check the IPO Allotment status for Platinum Industries Limited IPO at https://ipo.bigshareonline.com/ipo_status.html.
What is the email address and website of Platinum Industries Limited IPO?
The email address of Platinum Industries Limited IPO is cs@platinumindustriesltd.com and website is https://platinumindustriesltd.com/.
What is the Platinum Industries Limited IPO GMP (Grey Market Premium) as of 05-03-2024?
The latest GMP for Platinum Industries Limited IPO is ₹87 as of 05-03-2024.