Ideal Technoplast Industries Limited - Logo

Ideal Technoplast Industries Limited

IDEALTECHO

121-121

per share
Bidding Dates
21-23 Aug
Min. Investment
₹1,21,000.00
Lot Size
1000 shares
Issue Size
₹16.03 Cr
IPO Timeline
Bidding starts
21 Aug ‘24
Bidding ends
23 Aug ‘24
Allotment finalisation*
26 Aug ‘24
Refund initiation*
27 Aug ‘24
Demat transfer
27 Aug ‘24
Listing
28 Aug ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Ideal Technoplast Industries Limited

Established in 2012,  Ideal Technoplast Industries is a leading manufacturer and supplier of rigid plastic packaging, serving both domestic and international markets through export houses and third parties. The company caters to a diverse array of sectors, including paints, agro-products, chemicals, cosmetics, adhesives, lubricants, food, and edible oil. Their state-of-the-art facility in Surat spans 20,000 square feet and features a fully automated plant equipped with advanced technology. Key innovations include In-Mould Labelling (IML) with robotic automation, which enhances output capacity and production efficiency while ensuring high-quality standards across their product range.

The company excels in producing square plastic containers renowned for their robustness, durability, and ease of handling heavy items. Ideal Technoplast Industries utilizes fully automatic machines with robotic arms, integrating In-Mould Labelling Technology and Heat Transfer Mould Labeling Technology. This direct printing method eliminates the need for external labels, ensuring consistent product quality and increased efficiency. Custom-designed molds are employed to meet specific customer requirements, showcasing the company's ability to deliver tailored packaging solutions while maintaining high standards of durability and performance.

Quality control is integral to Ideal Technoplast Industries’ operations. Their comprehensive testing procedures encompass every stage of production, from raw material sourcing to final product evaluation. This includes weight checks, drop tests, finishing evaluations, and leak tests, ensuring that every product meets stringent quality standards. With over 12 years of experience, the company's promoters bring a wealth of expertise in manufacturing diverse plastic packaging solutions, supported by a fully automated manufacturing facility that ensures high-quality finishes and adheres to market expectations.

Ideal Technoplast Industries is also committed to sustainability, integrating eco-friendly practices into their manufacturing processes. The company actively recycles plastic waste generated during production, including defective containers, lids, and excess plastic. These materials are shredded, ground into granules, and reprocessed into new containers and lids, reflecting the company's dedication to reducing environmental impact and promoting sustainability. The facility's extensive setup, covering a 3,000 square meter area, further enhances production capacity and supports the manufacture of various sizes and 89 variants of square packaging containers, which are recognized across industry segments for their ruggedness, durability, and convenience.

Ideal Technoplast Industries prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

  1. To Meet Capital Expenditure; 
  2. General Corporate Purpose.

IPO analysis

Registrar information
Name
Bigshare Services Pvt Ltd
Phone number
https://ipo.bigshareonline.com/ipo_status.html
Email ID
ipo@bigshareonline.com

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