Dhaval Packaging Ltd. IPO Details

Dhaval Packaging Ltd. IPO Details

NSE - SMEClosed
Min. Investment
₹1,16,400
/ 1200 Shares
Check Allotment Status
Issue Price
₹92 to ₹97
Subscription
-
Issue Size
₹36.36 Cr
Lot Size
1200 Shares
Open
2026-07-30
Close
2026-08-03
Allotment
2026-08-04
Listing
2026-08-06

1. Dhaval Packaging Ltd. IPO Details (SME) IPO Details

Dhaval Packaging Ltd IPO is a book-built SME price issue of ₹36.36 crores. The issue consists entirely of a fresh issue of 37.49 lakh shares, with no offer-for-sale (OFS) component.

The bidding for the IPO starts next Thursday, Jul 30, 2026, and ends on Aug 03, 2026. The allotment is expected to be finalized on Aug 04, 2026. The company will list on the BSE SME platform, with a tentative listing date fixed as Aug 06, 2026.

The price band is set at ₹92–₹97 per share. The lot size for an application is 1,200 shares, but the minimum application for retail investors is 2 lots (2,400 shares). The minimum amount of investment required by a retail investor is ₹2,32,800.

    Grey Market Premium

    Estimated listing gains (Live)

    +₹10Per Share
    EST. GAINS
    Updated real-time from market sources

    Financial Summary

    Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
    Assets64.6947.8933.7029.27
    Total Income51.7352.4348.0843.14
    Profit After Tax5.866.041.550.51
    EBITDA10.2010.224.992.59
    NET Worth28.5620.164.102.55
    Reserves and Surplus18.5817.752.100.55
    Total Borrowing23.6616.5519.2814.04

    Dhaval Packaging IPO Details

    IPO Date30 Jul to 3 Aug, 2026
    Listing DateThu, Aug 6, 2026 T
    Face Value₹ 10 per share
    Price Band₹92 to ₹97
    Lot Size1,200 Shares
    Sale TypeFresh capital only
    Issue TypeBookbuilding IPO
    Listing AtBSE SME
    Total Issue Size37,48,800 shares (agg. up to ₹ 36 Cr)
    Reserved for Market Maker1,88,400 shares (agg. up to ₹ 2 Cr)
    Fresh Issue (Ex Market Maker)35,60,400 shares (agg. up to ₹ 35 Cr)
    Net Offered to Public35,60,400 shares (agg. up to ₹ 35 Cr)
    Share Holding Pre Issue99,88,000 shares
    Share Holding Post Issue1,37,36,800 shares

    IPO Timetable (Tentative)

    EventDate
    IPO OpenThu, Jul 30, 2026
    IPO CloseMon, Aug 3, 2026
    AllotmentTue, Aug 4, 2026
    RefundWed, Aug 5, 2026
    Credit of SharesWed, Aug 5, 2026
    ListingThu, Aug 6, 2026

    Issue Reservation

    Investor CategoryShares Offered
    QIB Shares OfferedNot more than 50% of the Net Issue
    Retail Shares OfferedNot less than 35% of the Net Issue
    NII Shares OfferedNot less than 15% of the Net Issue

    IPO Lot Size

    ApplicationLotsSharesAmount
    Individual investors (IND) (Min)22,400₹2,32,800
    Individual investors (IND) (Max)22,400₹2,32,800
    S-HNI (Min)33,600₹3,49,200
    S-HNI (Max)89,600₹9,31,200
    B-HNI (Min)910,800₹10,47,600
    Employee (Min)22,400₹2,32,800
    Employee (Max)44,800₹4,65,600

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    IPO Objects of the Issue

    #Issue ObjectsEst Amt (₹ Cr.)
    1Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”)27.19
    2Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company3.95
    3General corporate purposes-
    Total31.14

    Key Performance Indicator (KPI)

    KPIDec 31, 2025Mar 31, 2026
    ROE24.03%31.58%
    ROCE17.40%22.58%
    Debt/Equity0.830.78
    RoNW24.03%31.58%
    PAT Margin11.32%12.33%
    EBITDA Margin19.77%21.41%
    Price to Book Value-3.16

    Pre/Post IPO Valuation

    ParameterPre IPOPost IPO
    EPS (₹)6.055.68
    P/E (x)16.0317.08
    Promoter Holding90.87%-
    Market Cap₹ 133.25 Cr.-

    2. About Dhaval Packaging Ltd. IPO Details (SME)

    Incorporated in 2011 and based in Ahmedabad, Gujarat, Dhaval Packaging Limited specializes in high-precision rigid plastic packaging solutions. The company manufactures In-Mold Labeling (IML) plastic containers for food products alongside protective SAW pipe plastic end caps used across heavy infrastructure, oil & gas, and construction sectors.

    Track Record

    • Financial Scale: Revenue from operations grew steadily from ₹43.14 Cr in FY23 to ₹48.08 Cr in FY24, climbing further to ₹52.43 Cr for the fiscal year ended March 31, 2025.

    • Profitability: Net profit (PAT) registered strong expansion, scaling up from ₹0.51 Cr in FY23 to ₹1.55 Cr in FY24, and jumping to ₹6.04 Cr in FY25.

    • Return Metrics: Operates with robust core capital ratios, featuring a Return on Net Worth (RoNW) / ROE of 31.58% alongside an EBITDA margin of 21.41% as of March 2026.

    Dhaval Packaging Ltd IPO GMP

    As of July 24, 2026, the Grey Market Premium (GMP) is currently ₹0.

    Note: Because the public bidding opens next week on July 30, early grey market tracking indicators are starting flat. Subscription and premium momentum are expected to pick up closer to the bidding launch.

    Dhaval Packaging Ltd IPO Allotment Status

    The allotment is scheduled to be finalized on August 04, 2026.

    Check Dhaval Packaging Allotment Status

    To check your status online once the issue closes, visit the assigned registrar tracking portal or monitor updates on the BSE SME exchange portal: KFin Technologies IPO Status Portal

    You can verify your status via:

    • Registrar's website (KFin Technologies Limited)

    • BSE official SME tracking portal

    • Using your PAN number, Application ID, or DP ID/Client ID

    Strengths

    • In-House Automated IML Manufacturing: Employs advanced automated tooling setups for In-Mold Labeling, enabling high precision and low production waste.

    • Dual-Segment Diversification: Serves both fast-moving consumer food packaging and heavy engineering/pipeline protection industries.

    • International Quality Standards: Certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 for quality, environmental, and workplace safety systems.

    Weaknesses

    • Raw Polymer Price Exposure: Profit margins are susceptible to fluctuations in raw polypropylene and polyethylene resin prices.

    • Geographical Manufacturing Base: Active production capabilities remain concentrated within its existing units in Gujarat.

    How the Company Will Use IPO Money

    The fresh issue proceeds (₹31.14 Cr) will be utilized for:

    • Capital Expenditure: Part financing the establishment of a proposed new manufacturing facility at Sanand – II Industrial Estate, Ahmedabad (₹27.19 Cr).

    • Debt Repayment: Full or part repayment/prepayment of specific outstanding secured bank borrowings (₹3.95 Cr).

    • General Corporate Purposes: Meeting regular general corporate administrative expenses and public offering administrative overheads.

    Lead Manager & Registrar

    • Book Running Lead Manager: Rarever Financial Advisors Pvt. Ltd.

    • Registrar: KFin Technologies Limited

    Frequently Asked Questions (Dhaval Packaging Ltd. IPO Details)

    D
    Founder | India IPO Updates

    DIPAK DANGODARA

    I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.

    I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.