Free Offer
Open Demat FREE
Apply in Platinum Industries Ltd. IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Platinum Industries Ltd. IPO
Platinum Industries Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹171
Issue Price
₹171
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹171
GMP based
Lot Size
87
shares / lot
Min Amount
₹14,877
1 lot · 87 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
27 Feb 2024
Tue Completed
Done
Close Date
29 Feb 2024
Thu Completed
Done
Allotment
01 Mar 2024
Fri Completed
Done
Refund
04 Mar 2024
Mon Completed
Done
Demat Credit
04 Mar 2024
Mon Completed
Done
Listing Date
05 Mar 2024
Tue Completed
UPI Deadline: 29 Feb 2024
Issue Details
Pricing & Size
Issue Price
₹171 Face ₹10
Lot Size
87 shares
Min Investment
₹14,877
Total Issue Size
1,37,61,225 shares (aggregating up to ₹235.32 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
68,80,612 (50.00%)
NII / HNI
20,64,184 (15.00%)
Retail
48,16,429 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
4,11,63,648 shares
Post-Issue Shareholding
5,49,24,873 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 87 ₹14,877
HNI / NII 68 5,916 ₹10,11,636
Objects of Issue
4 objectives
1
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'
2
Funding of capital expenditure requirements of the company towards setting up of a manufacturing facility for PVC Stabilizers at Palghar, Maharashtra, India
3
Funding working capital requirements of our Company; and
4
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Unistone Capital Pvt.Ltd.
IPO Timeline
Open
27 Feb
✓ Done
Close
29 Feb
✓ Done
Allotment
01 Mar
✓ Done
Listing
05 Mar
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@platinumindustriesltd.com
Phone
+91 7304538055
Address
Unit No. 841, 4th Floor, Solitaire Corporate Park-8, Andheri Kurla Road Andheri (E), Mumbai –400093 Andheri, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹171
Est. Listing
₹171
Lot Size
87 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Platinum Industries Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
Loading chart…
Live Chart Not Available
Platinum Industries Ltd. is not yet listed or data is unavailable.
Chart will appear after listing
| Price
Market Reference
IPO Issue Price
₹171
GMP
+₹0 (+0%)
GMP Est. Listing
₹171
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 68,80,612 (50.00%) ₹11,765.85 Cr
NII / HNI (Total) 20,64,184 (15.00%) ₹3,529.75 Cr
Retail Investors 48,16,429 (35.00%) ₹8,236.09 Cr
Total ** 1,37,61,225 (100.00%) ₹235,316.95 Cr
* Based on ₹171.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
68,80,612 (50.00%)
NII
20,64,184 (15.00%)
Retail
48,16,429 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Sep 202331 Mar 202331 Mar 2022
Revenue123.73232.56189.24
PAT22.8437.5817.75
EBITDA
Net Worth85.0461.8822.34
Total Assets137.72121.1784.48
Reserves44.8621.8021.28
Borrowings11.4617.4324.24
Key Financial Ratios
90.02%
ROE
Return on Equity
56.85%
ROCE
Return on Capital Employed
61.26%
RONW
Return on Net Worth
0.28
D/E Ratio
Debt to Equity
11.13
P/BV
Price to Book Value
9.13
Pre EPS
EPS Pre-Issue
8.31
Post EPS
EPS Post-Issue
18.73
Pre P/E
P/E Pre-Issue
20.57
Post P/E
P/E Post-Issue
About Platinum Industries Ltd.

Incorporated in August 2016, Platinum Industries Limited is a company that specializes in producing stabilizers. The company manufactures PVC stabilizers, CPVC additives and lubricants.

The company's products are used in PVC pipes, PVC profiles, PVC fittings, electrical wires and cables, SPC floor tiles, Rigid PVC foam boards, packaging materials, etc.

The manufacturing facility of the company is situated in Palghar, Maharashtra, and spreads across 21,000 sq. ft. of land.

The revenue from operations grew at a CAGR of 42.11% in six years, from ₹284.19M in 2018 to ₹2,340.56M in 2023.

As of July 2023, the company has twelve distribution centres spread across India.

.

As of May 31st, 2023, the production unit has 71 employees and 17 workers.

Frequently Asked Questions
What is the issue price of Platinum Industries Ltd. IPO?
The issue price of Platinum Industries Ltd. IPO is ₹171 per share, face value ₹10.
What is the lot size?
Minimum lot size is 87 shares, requiring ₹14,877.
What are the IPO dates?
Opens 27 Feb 2024, closes 29 Feb 2024.
When is the listing date?
Tentative listing: 05 Mar 2024 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹171 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Platinum Industries Ltd. IPO · Expected 01 Mar 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
01 Mar 2024
Refund Initiation
04 Mar 2024
Demat Credit
04 Mar 2024
Listing Date
05 Mar 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹171
Face ₹10
Lot Size
87
shares / lot
Min Amount
₹14,877
1 lot
Est. Listing
₹171
GMP +₹0
Key Dates
Open
27 Feb Done
Close
29 Feb Done
Listing
05 Mar Done
Registrar
Bigshare Services Pvt.Ltd.
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min