Platinum Industries Limited

Platinum Industries Limited

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₹14,877(87 Shares)

Minimum Investment

IPO Dates

Feb 27, 2024 – Feb 29, 2024

Price Band

₹162–171 per equity share

Lot Size

87

Listing

Mar 5, 2024

Listing At

BSE, NSE

Feb 27, 2024Open DateCompleted
Feb 29, 2024Close DateCompleted
TBAAllotment DateUpcoming
Mar 5, 2024Listing DateCompleted

Platinum Industries Limited Live Subscription Details

All IPOs
QIB151.00x
Retail50.96x
NIIs
141.82x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

138.46x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

148.55x

Overall Subscription

Total Bids Received

99.02x

Platinum Industries Limited IPO Issue Details

Issue Price
₹162-171 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
1,37,61,225 shares(aggregating up to ₹235.32 crore)
Listing At
BSE, NSE
Listing Date
Mar 5, 2024

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)187₹14,877
Retail (Max)131,131₹1,93,401
sHNI (Min)141,218₹2,08,278
sHNI (Max)675,829₹9,96,759
bHNI (Min)685,916₹10,11,636

Reservation Details

15%

NII

20.64L

20%

QIB

27.52L

30%

Anchor

41.28L

Company Information

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...

Valuations

EPS (Pre-IPO)

9.13

EPS (Post-IPO)

8.31

P/E (Pre-IPO)

18.73

P/E (Post-IPO)

20.57

RoNW

61.26%

P/B Value

11.13

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets121.1784.4832.26
Total Revenue232.56189.2489.53
Profit After Tax37.5817.754.82
Net Worth61.8822.344.47

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1nvestment 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. 2Funding of capital expenditure requirements of the company towards setting up of a manufacturing facility for PVC Stabilizers at Palghar, Maharashtra, India
  3. 3Funding working capital requirements of our Company
  4. 4General corporate purposes.

Platinum Industries Limited – Promoter(s)

Krishna Dushyant Rana
Parul Krishna Rana

Contact Details

Visit Website

Platinum Industries Limited IPO Documents

PDF
DRHP
PDF
RHP
PDF
ANCHOR

Frequently Asked Questions — Platinum Industries Limited IPO

The Platinum Industries Limited IPO price band is set at ₹162.00 to ₹171.00 per equity share.

The lot size for Platinum Industries Limited IPO is 87 shares per lot. The minimum investment amount is approximately ₹14,877.

The Platinum Industries Limited IPO opens on Feb 27, 2024 and closes on Feb 29, 2024.

Platinum Industries Limited IPO is expected to be listed on Mar 5, 2024 on BSE, NSE.

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