Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Platinum Industries Limited IPO is going to open soon. So I will give you complete information about Platinum Industries Limited IPO here on IPO India.
On this article I will inform you about Platinum Industries Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Platinum Industries Limited
Established in August 2016, Platinum Industries Limited is a specialized company that focuses on the manufacture of stabilizers. The company is engaged in the manufacture of PVC Stabilizers, CPVC Additives and Lubricants.
Platinum Industries Limited’s product line is widely used in various applications including PVC pipes, PVC profiles, PVC fittings, electrical wires and cables, SPC floor tiles, rigid PVC foam boards, packaging materials and more.
Located in Palghar, Maharashtra, the company’s manufacturing facility covers an area of 21,000 sq.ft.
Over six years, the company has experienced significant growth in its income from operations, achieving a compound annual growth rate (CAGR) of 42.11%. Revenue increased from ₹284.19 million in 2018 to ₹2,340.56 million in 2023.
As of July 2023, Platinum Industries Limited operates twelve distribution centers strategically located across India.
As of May 31, 2023, the company has 71 employees and 17 workers in its manufacturing unit.
Platinum Industries Limited IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About Platinum Industries Limited IPO
Here is some information about Platinum Industries Limited IPO which will help you in making a decision to invest in Platinum Industries Limited IPO. It appears to be a book-built offer with a total value of ₹[_] crore, including entirely a fresh issue of 1.59 crore shares.
Summary of the key details
- Issue Size: Rs [_] crores
- Offer for Sale: 1.59 crore shares
- Subscription Period: TBA
- Allotment Date: TBA
- Listing Date: TBA
Price Range of Platinum Industries Limited IPO
- ₹[_] to ₹[_] per share
Lot Size of Platinum Industries Limited IPO
- Minimum Lot: [_] Shares.
- Minimum Investment for Retail Investors: ₹[_]
Minimum Lot Size Investments for Platinum Industries Limited IPO
- HNI: [_] lots ([_] shares), amounting to ₹[_].
This information provides potential investors with the details they need to participate in the Platinum Industries Limited IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
To Open a trading and demat account in Zerodha
Platinum Industries Limited IPO
| Open Date | Yet to be announced |
| Close Date | Yet to be announced |
| Allotment Date | Yet to be announced |
| Listing Date | Yet to be announced |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹[_]-[_] Per Equity Share |
| Issue Size | 15,903,000 shares (Aggregating up to ₹[_] Cr) |
| Market Lot (Min. Amount) | Retail: [_] Shares (₹[_]/-) S-HNI: [_] Shares (₹[_]/-) B-HNI: [_] Shares (₹[_]/-) |
| Listing at Group(s) | BSE, NSE |
| Lead Manager | |
| Register | |
| Retail Portion | -% |
To know more about IPOs.
Valuations of Platinum Industries Limited IPO
| Earnings Per Share (EPS Pre IPO) | ₹9.42/- |
| Earnings Per Share (EPS Post IPO) | ₹-/- |
| P/E Ratio Pre IPO | N/A |
| P/E Ratio Post IPO | N/A |
| RoNW | N/A% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Platinum Industries Limited Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2023 | 121.17 | 232.56 | 37.58 | 61.88 | 21.80 | 17.43 |
| 31 Mar 2022 | 84.48 | 189.24 | 17.75 | 22.34 | 21.28 | 24.24 |
| 31 Mar 2021 | 32.26 | 89.53 | 4.82 | 4.47 | 3.53 | 3.26 |
Promoter(s)
| Pre Issue Share Holding | 96.88% |
| Post Issue Share Holding | -% |
Company Promotor(s):-
- Krishna Dushyant Rana
- Parul Krishna Rana
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 90.02% |
| ROCE | 56.85% |
| Debt/ Equity | 0.28 |
| RoNW | 61.26% |
Issue Objective(s)
- Investment in the subsidiary, Platinum Stabilizers Egypt LLC (“PSEL”), for financing its capital expenditure requirements about the setting up of a manufacturing facility for PVC Stabilizers at SC Zone ‘Governorate of Suez Egypt’
- Funding of capital expenditure requirements of the company towards setting up of a manufacturing facility for PVC Stabilizers at Palghar, Maharashtra, India
- Funding working capital requirements of our Company; and
- General corporate purposes.
Platinum Industries Limited IPO Registrar
| Name | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/ipo_status.html |
Platinum Industries Limited IPO Review
Update Soon
Conclusion
In conclusion, my fellow finance enthusiasts, Platinum Industries Limited presents a promising investment opportunity with its upcoming IPO. Founded in 2016, the company has shown significant growth over the last six years, achieving a significant CAGR of 42.11%. Operating in the manufacturing of PVC Stabilizers, CPVC Additives and Lubricants, Platinum Industries Limited caters to various industries, making it a key player in the market.
While I have provided you with key details like the company’s financial performance, IPO size and objectives, it is important to note that some information including IPO dates, lot size and Platinum Industries Limited IPO review is currently pending and will be updated soon. As aspiring investors, it is important to stay tuned to these crucial details, do thorough research and possibly consult financial professionals before making any investment decisions. Stay tuned for upcoming updates, and let’s start this financial journey together with Platinum Industries Limited. Stay tuned for more information, and happy investing!
Platinum Industries Limited IPO FAQs
When Platinum Industries Limited IPO is coming?
The Platinum Industries IPO dates are not announced. Please check back again after some time.
What is the lot size of Platinum Industries Limited IPO?
Platinum Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When Platinum Industries Limited IPO Allotment?
The finalization of Basis of Allotment for Platinum Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
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