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Dhaval Packaging Ltd

Dhaval Packaging Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹97
₹97
GMP (Grey Market)
+₹12
+12.37%
Est. Listing Price
₹109
Based on GMP
Min. Investment
₹116,400
1 lot × 1200 shares
Subscribed
2.73x
Over-subscribed
IPO Details
Open Date
30 Jul 2026
Close Date
03 Aug 2026
Allotment
04 Aug 2026
Listing Date
06 Aug 2026
Exchange
BSE SME
Price Band
₹97
Listing Price
See chart
Allotment Status
Price Band
₹97
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
37,48,800 shares (agg. up to ₹36 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹116,400
1 lot
Pre-IPO Holding
99,88,000 shares
Promoters
Post-IPO Holding
1,37,36,800 shares
Promoters
P/E (Pre)
16.03x
 
P/E (Post)
17.08x
 
EPS (Pre)
₹6.05
 
EPS (Post)
₹5.68
 
UPI Deadline
5:00 PM on 03 Aug 2026
Mandate
GMP
+₹12
+12.37% est.
Anchor AllotmentWed, 29 Jul 2026
Basis of AllotmentTue, 04 Aug 2026
Refund InitiationWed, 05 Aug 2026
Demat CreditWed, 05 Aug 2026
Listing DayThu, 06 Aug 2026
UPI Mandate Deadline5:00 PM on 03 Aug 2026
Sale TypeFresh capital only
Net Offer to Public35,60,400 shares (agg. up to ₹35 Cr)
Market Maker Quota1,88,400 shares (agg. up to ₹2 Cr)
Fresh Issue Shares35,60,400 shares (agg. up to ₹35 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Dhaval Packaging Ltd IPO subscribed 2.73 times overall. Retail: 40.03x. QIB: 23.20x. NII: 75.85x. By 03 Aug 2026.
QIB
23.20x
Over
NII/HNI
75.85x
Over
Retail
40.03x
Over
Total
2.73x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
188,400
₹1.83
QIB
Over 23.20x
1,725,600
₹16.74
NII / HNI
Over 75.85x
522,000
₹5.06
Retail
Over 40.03x
1,214,400
₹11.78
Total 2.73x
98,400
100% ₹0.95
IPO Shares Offered
Dhaval Packaging Ltd IPO total issue size: ₹0.95 Cr. Retail: ₹11.78 Cr. QIB: ₹16.74 Cr. NII: ₹5.06 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 1,725,600 ₹16.74
1,753.66%
Market Maker 188,400 ₹1.83
191.46%
NII 522,000 ₹5.06
530.49%
Retail 1,214,400 ₹11.78
1,234.15%
Total 98,400 ₹0.95
100.00%
* Based on upper price band ₹97 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 522,000 1,214,400 1,736,400
Allotment price (₹) 97 97 97 97 97 97 97 97
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹11.78 ₹11.78
Times subscribed 23.20x 75.85x 40.03x 2.73x
Shares allotted 522,000 1,214,400 1,736,400
No. of allottees
* Upper price band ₹97 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹97.00
Upper Band
Min Investment
₹116,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹232,800
Retail (Max — 13 Lots)1315,600₹1,513,200
S-HNI (Min — 14 Lots)1416,800₹1,629,600
B-HNI (Min — 68 Lots)6881,600₹7,915,200
* Issue Price ₹97 × Lot Size 1,200 shares
IPO Schedule
Anchor
29 Jul 2026
✓ Done
IPO Open
30 Jul 2026
✓ Done
IPO Close
03 Aug 2026
✓ Done
Allotment
04 Aug 2026
✓ Done
Refunds
05 Aug 2026
✓ Done
Demat Credit
05 Aug 2026
✓ Done
Listing Day
06 Aug 2026
✓ Done
Dhaval Packaging Ltd — Live Price LIVE
₹97.00
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Issue ₹97.00 GMP: +₹12 Live Price
About Dhaval Packaging Ltd
Incorporated in 2015, Dhaval Packaging Ltd. designs, manufactures, and supplies plastic packaging solutions for both Indian and international markets. Its focus is on turning brand ideas into practical, high-quality packaging that can be easily produced at scale. It mainly serves food and FMCG sectors such as sweets, dairy, bakery, dry fruits, and ready-to-eat products.The Company follows strict international standards for quality, safety, and sustainability. It is certified under ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), and ISO 45001:2018 (Workplace Health and Safety). The company also holds ISO/IEC 17025:2017 certification for our testing laboratory, ensuring accurate testing and consistent product quality.Key Products:1. IML (In-Mold Labeling) Containers: In this process, a printed label is placed inside the mold before plastic is formed, so the label becomes part of the container. This creates a strong, long-lasting finish that resists moisture, scratches, and chemicals. The company offers around 39 IML container SKUs and supplies many well-known Indian brands, along with exports to international customers.2. SAW Pipe Protection Plastic End Caps: It manufactures plastic end caps used to protect the ends of pipes and tubes during storage and transport. These caps prevent damage, contamination, and corrosion. They are used across industries such as oil & gas, construction, infrastructure, and heavy engineering.Competitive Strengths:In-house IML Manufacturing with AutomationBackward IntegrationDual-Segment portfolioExperienced PromotersCustomisation and Tooling CapabilityLong-standing Customer Relationships and Key-Account Execution
Objects of the Issue
1
Part 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”)
2
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
3
General corporate purposes
Dhaval Packaging Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹48.1
31 Mar 2024
₹52.4
31 Mar 2025
₹51.7
31 Dec 2025
Profit After Tax (PAT)
₹1.6
31 Mar 2024
₹6.0
31 Mar 2025
₹5.9
31 Dec 2025
Particulars31 Dec 202531 Mar 202531 Mar 2024
Revenue from Operations 51.73 52.43 48.08
EBITDA 10.20 10.22 4.99
Profit After Tax (PAT) 5.86 6.04 1.55
Net Worth 28.56 20.16 4.10
Total Assets 64.69 47.89 33.70
Reserves & Surplus 18.58 17.75 2.10
Borrowings 23.66 16.55 19.28
EBITDA Margin (%) 21.41
PAT Margin (%) 12.33
P/BV Ratio
3.16
RoE
31.58
RoCE
22.58
RoNW
31.58
PAT Margin
12.33
EBITDA Margin
21.41
Debt/Equity
0.78
Issue Structure & Shareholding
Total Shares Offered37,48,800
Net Offer to Public35,60,400 shares (agg. up to ₹35 Cr)
Reserved for Market Maker1,88,400 shares (agg. up to ₹2 Cr)
Pre-Issue Promoter Holding99,88,000 shares
Post-Issue Promoter Holding1,37,36,800 shares
P/BV Ratio3.16
RoE31.58
RoCE22.58
Debt / Equity0.78
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Rarever Financial Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Dhaval Packaging Ltd IPO subscribed?

Dhaval Packaging Ltd IPO is subscribed 2.73 times by Aug 03, 2026. Retail: 40.03x. QIB: 23.20x. NII: 75.85x.

Investor CategorySubscription
Qualified Institutional (QIB)23.20x
Non Institutional (NII/HNI)75.85x
Retail Individual40.03x
Total Subscription2.73x
What is Dhaval Packaging Ltd IPO retail subscription status?

The Dhaval Packaging Ltd IPO retail category is subscribed 40.03 times as of 03 Aug 2026. The retail portion is oversubscribed.

How to subscribe Dhaval Packaging Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Jul 2026 and closes 03 Aug 2026. Min investment: ₹116,400 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 03 Aug 2026.

How many times Dhaval Packaging Ltd IPO subscribed?

The Dhaval Packaging Ltd IPO subscribed 2.73x overall. QIB: 23.20x, NII: 75.85x, Retail: 40.03x. Applications: from NSE/BSE.

How to check Dhaval Packaging Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Aug 2026. Refunds: on 05 Aug 2026.

When Dhaval Packaging Ltd IPO will be listed?

The Dhaval Packaging Ltd IPO listing date is 06 Aug 2026, Thursday. Listed on: BSE SME. Issue price: ₹97. Estimated listing: ₹109. GMP: +₹12.

When Dhaval Packaging Ltd IPO close?

The Dhaval Packaging Ltd IPO closes on 03 Aug 2026, Monday. UPI mandate: 5:00 PM on 03 Aug 2026. Allotment: 04 Aug 2026. Listing: 06 Aug 2026.