Ideal Technoplast IPO subscription status started on August 21, 2024, and will close on August 23, 2024. The company aims to raise approximately ₹16.03 crore via this IPO. The retail quota is 50%, and NII is 50%. The price band is set at ₹121 per equity share.
The IPO consists of a minimum market lot of 1000 shares requiring an application amount of ₹1,21,000. Ideal Technoplast is an SME IPO, and it will be listed on the NSE.
Table of contents
Ideal Technoplast IPO Overview
The company is a leading provider of rigid plastic packaging for various sectors, including paints, agro, chemicals, cosmetics, and food. Their Surat facility, spanning 20,000 sq. ft., features advanced technology like fully automated systems and In-Mould Labelling (IML) through robotics. The plant includes specialized units for production, R&D, and quality control, with rigorous testing processes. The company excels in producing durable square containers using advanced manufacturing technologies such as in-mold and heat transfer labeling, ensuring high quality and efficiency while meeting custom design requirements.
IPOGMP.IN View
We advise investors to consider applying for an IPO with a long-term perspective. It’s also important to review the QIB, NII, and Retail subscription figures before making an investment decision.
Ideal Technoplast IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| NII | 2.29 | 3.47 | 108.49 |
| RII | 8.74 | 19.52 | 115.57 |
| Total | 5.51 | 11.49 | 116.75 |
Ideal Technoplast IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds
- Non-Institutional Investors (NII): Individual Investors, NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
IPOGMP.IN Review for Ideal Technoplast
- Apply
Ideal Technoplast IPO Form
To apply for the Ideal Technoplast IPO, use ASBA via your bank’s online portal or download and submit IPO forms through your bank or broker.
FAQs
The IPO subscription starts on August 21, 2024, for NII and Retail Investors.
You can apply through ASBA and non-ASBA options via your bank account, broker, or UPI app.
Visit our portal for live IPO subscription numbers updated hourly. Live data is also available on the official IPO page.
Log in to Zerodha Console, select the IPO and complete your bid. Approve the mandate via UPI.
Open Zerodha Demat Account
Log in to Angel One, select the IPO and complete your bid. Approve the mandate via UPI.
Open Angel One Demat Account
Log in to Paytm Money, select the IPO and complete your bid. Approve the mandate via UPI.
Open Paytm Money Demat Account
Log in to Upstox, select the IPO and complete your bid. Approve the mandate via UPI.
Open Upstox Demat Account
Follow IPOGMP.IN for Upcoming IPO news and IPO GMP. Connect with us on Twitter, Facebook, and Instagram.
