Technopack Polymers IPO:GMP, Price, Dates, Issue Size

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Technopack Polymers IPO manufactures high-quality PET preform on 48 cavity state-of-art, world-class Milacron Machine and ACME Mould with the “TECHNOPET” brand name. The Company also manufactures high-quality CCM CAP. 

Technopack Polymers IPO – Overview    

IPO Dates  2-7 November 2022. 
IPO Price  INR 55 per share  
Fresh issue  1,430,000 shares (INR 7.87 crore)  
Offer For Sale  Nil 
Total IPO size  1,430,000 shares (INR 7.87 crore)  
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Technopack Polymers IPO -Tentative Dates           

IPO Offer Opening Date  2 November 2022 
IPO Closing Date  7 November 2022  
Finalisation of Basis of Allotment  11 November 2022  
Initiation of refunds  14 November 2022  
Transfer of shares to demat accounts  15 November 2022  
IPO Listing Date  16 November 2022 
Opening Price on BSE SME  Coming soon  
Closing Price on BSE SME  Coming soon 

Company Overview    

Technopack Polymers Limited manufactures high-quality PET preform on 48 cavity state-of-art, world-class Milacron Machine and ACME Mould with the “TECHNOPET” brand name. The Company also manufactures high-quality CCM CAP. 

Technopack Polymers Limited’s product portfolio includes PET Polyethylene Terephthalate (PET Preforms are used by customer companies for the packaged drinking water industry, Carbonated Soft Drinks etc.), and Cap-Closure is made by HDPE plastic granules. 

The Company has fully automatic machines for the manufacture of PET Preform & Cap Closure at Rajkot, Gujarat. 

Competitive Strengths: 

  • Customers & Marketing Set-Up. 
  • Experienced Promoters and a well-trained employee base. 

Objects of the Issue 

  • Expansion of Business. 
  • General Corporate Purposes. 

Company Financials

Particulars          31-March-22 31-June-21 31-Mar-20 
Total Assets          926.29 585.73 357.87 
Total Revenue          1002.87 615.74 355.27 
Profit After Tax          210.83 1.91 3.8 

Contact Details

Technopack Polymers Limited 
M/s Gokul Industries Rafaleshvar Industrial Estate 
Nr. Rafaleshvar Rlw. Track, Morbi, 
Jambudiya, Dist. Rajkot Gujarat – 363642 
Phone: +91 9099070066 
Email: compliance@technopackltd.com 
Website: https://technopackltd.com/ 

Registrar 

Bigshare Services Pvt Ltd 
 
Phone: +91-22-6263 8200 
Email: ipo@bigshareonline.com 
Website: http://www.bigshareonline.com 

Lead Manager(s) 

  1. ISK Advisors Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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