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15 Days Price Change

Platinum Industries IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 162  to  171 per share
Profile
Min Investment ₹171
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Platinum Industries Ltd is a dynamic and innovative company specializing in manufacturing and distributing high-quality industrial equipment. With a commitment to excellence, the company has established itself as a leading player in the market. Platinum Industries is known for its state-of-the-art facilities, cutting-edge technology, and a diverse range of products that cater to various industries such as manufacturing, construction, and energy. The company places a strong emphasis on sustainability, employing eco-friendly practices in its production processes. Committed to customer satisfaction, Platinum Industries Ltd continues to set industry standards through its dedication to quality, reliability, and continuous improvement in all aspects of its operations. Read More

Basic Info

Face Value 10 per share

Price 162  to  171 per share

P/E (x) 18.8

Sales( Cr.) 392

PAT( Cr.) 50

EPS 9.1

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

Krishna Dushyant Rana Parul Krishna Rana.

Pre Issue Share Holding 94.74%

Post Issue Share Holding --%

Listing Details:

Listing Price: 228

Listing Gain: 25%

Current Price: 238.3

Gain On Issue: 238.3 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Feb 27, 2024
Closing Date Feb 29, 2024
Allotment Mar 01, 2024
Refund Mar 04, 2024
Delivery of Shares Mar 04, 2024
Listing Date Mar 05, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 87 14,877
Retail (Max) 13 1131 193,401
S-HNI (Min) 14 1218 208,278
S-HNI (Max) 67 5829 996,759
B-HNI (Min) 68 5916 1,011,636

Objective of the Issue

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 4. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 6880613 1038972563 151x
NII 2064184 292680649 141.8x
Retail 4816429 245252565 50.9x
EMP 0 0 0x
Total 13761225 1362223663 99x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Platinum Industries Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 89 188 231 264 392
Other Income 0 1 1 3 17
Total Income 90 189 233 267 410
Total Expenditure 82 163 178 203 335
Operating Profit 8 26 55 64 75
Interest 0 2 2 2 3
Depreciation 1 1 2 3 4
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 7 24 51 58 68
Provision for Tax 2 6 13 15 18
Profit After Tax 5 18 38 44 50
Adjustments 0 0 0 0 -0
Profit After Adjustments 5 18 38 44 50
Adjusted Earnings Per Share 1.2 4.3 9.4 8 9.1

Platinum Industries Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 4 22 62 331 384
Minority's Interest 0 0 10 9 13
Borrowings 1 1 1 1 3
Other Non-Current Liabilities 2 2 4 2 7
Total Current Liabilities 25 60 44 50 61
Total Liabilities 32 84 121 394 468
Fixed Assets 6 7 34 40 60
Other Non-Current Assets 1 1 4 13 88
Total Current Assets 26 77 82 340 319
Total Assets 32 84 121 394 468

Platinum Industries Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 2 176
Cash Flow from Operating Activities 3 -15 38 33 -8
Cash Flow from Investing Activities -1 -5 -37 -81 -159
Cash Flow from Financing Activities -1 19 0 220 1
Net Cash Inflow / Outflow 1 -1 2 172 -166
Closing Cash & Cash Equivalent 1 0 2 176 13

Platinum Industries Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.17 4.32 9.42 7.96 9.07
CEPS(Rs) 1.35 4.54 9.79 8.45 9.87
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 1.09 5.44 15.37 60.29 69.87
Core EBITDA Margin(%) 8.46 13.47 23.27 23.11 14.68
EBIT Margin(%) 7.93 13.58 22.94 22.99 18.04
Pre Tax Margin(%) 7.5 12.73 22 22.09 17.33
PAT Margin (%) 5.39 9.43 16.24 16.45 12.77
Cash Profit Margin (%) 6.23 9.91 17.03 17.56 13.82
ROA(%) 14.93 30.45 36.68 16.91 11.63
ROE(%) 107.67 132.4 89.26 22.14 14.01
ROCE(%) 91.56 94.06 84.37 29.08 19.34
Receivable days 68.03 63.26 62.83 55.93 60.16
Inventory Days 24.44 20.82 33.55 33.39 32.07
Payable days 100.13 62.08 54.19 44.37 45.28
PER(x) 0 0 0 21.51 29.33
Price/Book(x) 0 0 0 2.84 3.81
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.03 0.11 0.18 2.62 3.36
EV/Core EBITDA(x) 0.4 0.8 0.77 10.87 17.61
Net Sales Growth(%) 0 110.77 23.03 14.22 48.36
EBIT Growth(%) 0 260.79 107.9 14.44 16.45
PAT Growth(%) 0 268.6 111.76 15.75 15.16
EPS Growth(%) 0 268.6 117.89 -15.45 13.88
Debt/Equity(x) 0.73 1.09 0.28 0.02 0.02
Current Ratio(x) 1.04 1.29 1.87 6.77 5.22
Quick Ratio(x) 0.8 1.03 1.25 6.34 4.44
Interest Cover(x) 18.39 16.13 24.48 25.65 25.27
Total Debt/Mcap(x) 0 0 0 0.01 0.01

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 48% 28% 0% 0%
Operating Profit CAGR 17% 42% 0% 0%
PAT CAGR 14% 41% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -1% NA% NA% NA%
ROE Average 14% 42% 73% 73%
ROCE Average 19% 44% 64% 64%

Company Contact Information

Platinum Industries Ltd.

Unit No. 201, 2nd Floor, Ackruti Star M I D C Central Road, Next To Marol Telephone Exchange Andheri (East)

IPO Lead Manager(s)

Platinum Industries Ltd.

Unistone Capital Pvt Ltd.

Registrar Info

Platinum Industries Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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