Sharescart Research Club logo
Apollo Green 72 (28.6%)ASK Investment 895 (-3.2%)AVPL 49 (0%)Bootes Impex 775 (-8.8%)CIAL 442 (-0.5%)CSK 254 (-3.1%)ESDS Software 478 (2.8%)Garuda Aerospace 468 (-2.1%)Goodluck Defence 385 (16%)Hero Motors 325 (0%)Hinduja Leyland 248 (0%)ICL Fincorp 25 (0%)Incred Holdings 154 (2.7%)Kineco Limited 3285 (0%)Lava 60 (15.4%)Market Simplified 26 (-7.1%)Matrix Gas 12 (-20%)Motilal Oswal 12.25 (-2%)MSEI 6.35 (-2.3%)NCDEX 368 (-1.6%)NSE 1985 (-2%)Onix Renewable 68 (21.4%)OYO 23 (-4.2%)OYO Assets 9.25 (-7%)Philips India 1250 (0%)Polymatech Electronics 56 (-3.4%)SBI Mutual 768 (-0.9%)Taparia Tools 6050 (0%)VCI Chemical 64 (0%)Zepto 40 (-4.8%)

15 Days Price Change

Premium Plast IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size --
Profile
Price Range 46  to  49 per share
Profile
Min Investment ₹49
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Founded in 1995, Premium Plast Limited specializes in the design, manufacture, and supply of plastic parts for both the exterior and interior of commercial vehicles. The company produces a diverse range of injection and blow-moulded plastic components across various industries, with a strong emphasis on automotive parts, offering over 600 distinct components. Premium Plast operates three strategically located manufacturing facilities in India—two in Pithampur, Madhya Pradesh, and one in Vasai, Maharashtra—boasting a total installed capacity of 1,975 MTPA. The company benefits from long-standing relationships with established customers and possesses the potential to expand its client base. Its competitive strengths include a wide variety of specialized products, robust design optimization capabilities, a commitment to sustainable business practices, and strong existing relationships with both customers and suppliers. Premium Plast is also recognized for its strategic production locations, adherence to quality standards, and a management team with extensive industry experience. Read More

Basic Info

Face Value 10 per share

Price 46  to  49 per share

P/E (x) 14.4

Sales( Cr.) 57

PAT( Cr.) 6

EPS 3.4

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Chetan Nagendra Dave Dr. Lopa Chetan Dave

Pre Issue Share Holding 100%

Post Issue Share Holding 55.55%

Listing Details:

Listing Price: 51.45

Listing Gain: 4.76%

Current Price: 38.7

Gain On Issue: 38.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Oct 21, 2024
Closing Date Oct 23, 2024
Allotment Oct 24, 2024
Refund Oct 25, 2024
Delivery of Shares Oct 25, 2024
Listing Date Oct 28, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 147,000
Retail (Max) 1 3000 147,000
S-HNI (Min) 2 6000 294,000
S-HNI (Max) 6 18000 882,000
B-HNI (Min) 7 21000 1,029,000

Objective of the Issue

1. Expansion of Existing Manufacturing facility at Pithampur, Madhya Pradesh, and Purchase of Machineries 2. Funding of capital expenditure requirement of the Company towards Set up of Rooftop Grid Solar Power Plant at the existing Manufacturing facility 3. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company 4. General Corporate Purpose 5. Offer Related Expenses

Issue

Category Nos Bid Bid (x)
QIB 534600 3603204 6.7x
NII 2405700 47055492 19.6x
Retail 2405700 157260609 65.4x
EMP 0 0 0x
Total 5346000 207799020 38.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Premium Plast Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 31 44 47 57
Other Income 0 0 0 0
Total Income 31 44 47 57
Total Expenditure 26 39 36 45
Operating Profit 5 5 10 12
Interest 1 1 2 2
Depreciation 2 2 2 2
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 1 2 6 9
Provision for Tax 0 1 2 2
Profit After Tax 1 2 5 6
Adjustments 0 0 0 0
Profit After Adjustments 1 2 5 6
Adjusted Earnings Per Share 0.8 1.7 5 3.4

Premium Plast Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 10 12 17 53
Minority's Interest 0 0 0 0
Borrowings 3 3 5 2
Other Non-Current Liabilities 1 1 1 1
Total Current Liabilities 12 14 16 20
Total Liabilities 25 29 38 76
Fixed Assets 11 12 13 25
Other Non-Current Assets 0 0 0 10
Total Current Assets 14 17 25 41
Total Assets 25 29 38 76

Premium Plast Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0
Cash Flow from Operating Activities 5 4 2 -1
Cash Flow from Investing Activities -2 -2 -3 -25
Cash Flow from Financing Activities -4 -1 2 26
Net Cash Inflow / Outflow 0 -0 0 0
Closing Cash & Cash Equivalent 0 0 0 0

Premium Plast Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.82 1.67 5.02 3.38
CEPS(Rs) 3.14 3.62 7.31 4.55
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 10.67 12.34 17.36 27.96
Core EBITDA Margin(%) 14.65 11.91 20.16 19.12
EBIT Margin(%) 7.68 7.87 15.87 15.95
Pre Tax Margin(%) 3.14 4.83 12.67 13.53
PAT Margin (%) 2.51 3.48 9.38 10.12
Cash Profit Margin (%) 9.66 7.55 13.67 13.63
ROA(%) 3.09 5.88 14.22 11.3
ROE(%) 7.65 14.55 33.78 18.46
ROCE(%) 14.03 20.39 36.2 23.82
Receivable days 32.33 35.59 38.98 38.3
Inventory Days 102.67 74.42 90.3 96.6
Payable days 117.46 93.06 94.28 66.64
PER(x) 0 0 0 9.77
Price/Book(x) 0 0 0 1.18
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.37 0.26 0.31 1.2
EV/Core EBITDA(x) 2.47 2.06 1.4 5.51
Net Sales Growth(%) 0 42.11 6.05 22.11
EBIT Growth(%) 0 51.18 124.64 25.81
PAT Growth(%) 0 105.05 199.74 35.14
EPS Growth(%) 0 105.04 199.74 -32.62
Debt/Equity(x) 0.67 0.56 0.59 0.11
Current Ratio(x) 1.17 1.23 1.6 2.08
Quick Ratio(x) 0.44 0.53 0.64 1.14
Interest Cover(x) 1.69 2.59 4.97 6.59
Total Debt/Mcap(x) 0 0 0 0.09

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 21% 23% 0% 0%
Operating Profit CAGR 20% 34% 0% 0%
PAT CAGR 20% 82% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 15% NA% NA% NA%
ROE Average 18% 22% 19% 19%
ROCE Average 24% 27% 24% 24%

Company Contact Information

Premium Plast Ltd.

Gala No 3, Shiv Shankar Indl Est No 1 Virar City (M Corp) Valiv, Thane

IPO Lead Manager(s)

Premium Plast Ltd.

Khandwala Securities Ltd

Registrar Info

Premium Plast 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.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp