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Dhaval Packaging IPO

Dhaval Packaging IPO is an SME issue scheduled to open for subscription on — and closed on —.

Price Band
TBA
GMP
Subscription
Listing

Overview

Dhaval Packaging IPO is an SME issue scheduled to open for subscription on — and closed on —.

IPO Details

Dhaval Packaging IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to open for subscription on BSE SME. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue size is yet to be confirmed, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
SME
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
Fresh issue
OFS
Exchange
BSE SME
ISIN
TBA

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Dhaval Packaging IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Dhaval Packaging is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Dhaval Packaging IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Dhaval Packaging IPO allotment will be finalised by the registrar (TBA) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Dhaval Packaging

Dhaval Packaging Limited, incorporated in 2015 and based in Ahmedabad, manufactures in-mould-labelled (IML) plastic packaging products and SAW (Submerged Arc Welded) pipe-protection end caps. The IML packaging line covers containers, lids, and industrial packaging products supplied to FMCG, food + dairy, and adjacent industrial sectors. The SAW pipe-protection end caps line serves oil + gas + petroleum pipeline customers protecting pipe ends during transport + storage. IML (in-mould labelling) is a structurally interesting packaging technology — labels are integrated into the plastic container during the moulding process rather than applied afterward, producing premium-finish containers with embedded branding. Customer base typically includes premium-FMCG + ice-cream + ready-meal customers seeking visual-quality differentiation. The SAW pipe-end-caps line is a niche industrial-protection product serving large-diameter pipe-manufacturing + pipeline-construction customers. Both product lines exhibit distinct competitive dynamics — IML is competitive vs imports + larger packaging operators, while SAW end caps is a niche specialty with limited competitors. The BSE SME IPO comprises up to 37,48,800 equity shares (face value ₹10). Dhaval received BSE in-principle approval for the listing. BRLM RarEver Financial Advisors — SEBI Category I Merchant Banker. Exact price band, dates, and detailed financials pending.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Dhaval Packaging prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Dhaval Packaging IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Dhaval Packaging's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Dhaval Packaging — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Listed peers in the Industrial sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
TCPL Packaging / Manaksia Coated Metals

Anchor Investors

Anchor investor bidding for Dhaval Packaging typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • RarEver Financial Advisors

IPO Registrar

The registrar for Dhaval Packaging IPO will be confirmed in the Red Herring Prospectus. The registrar handles allotment, refunds, and dematerialisation of shares.

Editorial Review

Dhaval Packaging has received BSE in-principle approval for SME listing — proposed 37,48,800 equity-share issue (face value ₹10). As of publication, exact issue size in rupees, price band, dates, and detailed financials not yet announced. The dual product-line positioning is structurally interesting. IML (in-mould-labelled) packaging is a premium-finish technology serving premium-FMCG + ice-cream + ready-meal customers seeking visual-quality differentiation. SAW (Submerged Arc Welded) pipe-protection end caps is a niche industrial-protection product for large-diameter pipe-manufacturing + pipeline customers. The two lines exhibit distinct competitive dynamics — IML is competitive vs imports + larger packaging operators, while SAW end caps is niche specialty with limited competitors. What's working: dual product-line provides revenue-mix diversification (premium FMCG packaging + industrial niche); Ahmedabad location places company in Gujarat's industrial-packaging cluster; IML technology serves growing premium-FMCG category; SAW end caps niche has structural pipeline-infrastructure demand. What's concerning: BSE SME structural liquidity constraints; substantial public-data gap on issue size, price band, dates, financials; IML technology is capex-intensive — equipment + labels-printing capability requires meaningful investment; competitive pressure from larger packaging operators; SAW end caps niche has small absolute market size. Neutral pre-RHP. Dual product-line + IML technology niche are interesting positioning but the substantial public-data gap limits specific framing. Wait for RHP with issue size, price band, financial granularity, and product-line revenue split. Sizing modest given BSE SME structural constraints and the data-disclosure limitations.

How to Apply for Dhaval Packaging IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Dhaval Packaging IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on BSE SME on .

Risk Factors

1. BSE SME structural liquidity constraints. 2. Substantial public-data gap on issue size, price band, dates, financials. 3. IML technology capex-intensive — equipment + labels-printing capability requires meaningful investment. 4. Competitive pressure from larger packaging operators (TCPL, Manaksia adjacency). 5. SAW end caps niche has small absolute market size — concentration in pipeline-infrastructure customer cycle.

Dhaval Packaging IPO — FAQs

What is Dhaval Packaging IPO?
Dhaval Packaging IPO is a Small and Medium Enterprise (SME) initial public offering listing on BSE SME. The issue opens on — and closes on — with a price band of TBA per share.
What is the Dhaval Packaging IPO price band?
The price band for Dhaval Packaging IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Dhaval Packaging IPO lot size?
The minimum lot size for Dhaval Packaging IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Dhaval Packaging IPO opening date?
Dhaval Packaging IPO opens for subscription on — and closes on —.
When is the Dhaval Packaging IPO allotment date?
Basis of allotment is expected on —. Check your status on the registrar's website using your PAN.
When is the Dhaval Packaging IPO listing date?
Dhaval Packaging shares are expected to list on BSE SME on —.
What is the GMP of Dhaval Packaging IPO?
GMP for Dhaval Packaging is not currently tracked.
Who is the registrar of Dhaval Packaging IPO?
The registrar is handling allotment, refunds, and dematerialisation for Dhaval Packaging IPO.
How can I apply for Dhaval Packaging IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Dhaval Packaging IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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