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 |
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)
- ISK Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
