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Dhaval Packaging IPO
57.15xsubscribed

Dhaval Packaging IPO

Packaging
listed
₹2.21LMin. investment

Dhaval Packaging Limited IPO Details

SectorPackaging
Price range₹92.00 – ₹97.00
IPO type
SME
Lot size1200 shares
Issue size₹36Cr
Red Herring Prospectus
Read
Market cap
₹133.25CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹65.03CrLower than sector avg
Growth rate3Y CAGR
16.41%Higher than sector avg

Dhaval Packaging IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Jul-26
0.0 times (X)
3.1 times (X)
0.57 times (X)
0.56 times (X)
31-Jul-26
1.05X
5.37X
1.7X
1.69X
03-Aug-26
56.38X
226.05X
39.06X
57.15X

As on 30-Jul-26, 5:00 PM

Dhaval Packaging IPO Timeline

  1. Pre-apply
    29 Jul 2026
  2. Bid start
    30 Jul 2026
  3. Bid end
    3 Aug 2026
  4. Allotment
    4 Aug 2026
  5. Release of funds
    5 Aug 2026
  6. Demat transfer
    5 Aug 2026
  7. Listing
    6 Aug 2026

About Dhaval Packaging Limited

Incorporated in November 2015, Dhaval Packaging designs, produces, and delivers plastic consumer packaging products to the domestic and global markets in the categories of sweets, dairy, dry fruits, and bakery. The company operates in two product categories: IML (In-Mould Labelling) Containers and SAW (Submerged Arc Welded) Pipe Protection Plastic Caps (End Caps).
The company operates three manufacturing units in GIDC, Sanand, Ahmedabad, equipped with 21 injection-moulding machines (with robotic arms) and 1 vacuum-forming machine, with a combined installed capacity of more than 8,000 kg/day. IML production is fully in-house and backed by backward integration through Octa Labels, a promoter group entity, ensuring consistent label supply, tighter colour control, faster artwork-to-line turnaround, and stronger traceability.
In FY26, IML containers contributed 73% of revenue and end caps contributed 26.9% of revenue. The main raw materials are plastic granules (HDPE, PP, LDPE), masterbatch, IML label films (BOPP/PP), liners and corrugated boxes. These are procured from local sources (93.2%) and from imports (6.7%), which include custom moulds from China. The top 10 customers contributed 51.27% to the revenue in FY26 and the repeat orders contributed ₹47.92 crore of the total revenue in FY26.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Dhaval Packaging Limited IPO

Capital expenditure
74.70%
Uses ₹27.19 crore to partly fund a new manufacturing facility setup.
General corporate purposes
14.90%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Prepayment of loan
10.30%
The company will utilise ₹3.75 crore for partial or full repayment of the borrowings.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹65.03Cr16.41%₹8.04Cr₹133.25Cr12.010.78
This sector (avg.)₹548.46Cr0.02%₹22.31Cr₹769.01Cr26.760.72
₹2,528.82Cr---₹322.41Cr₹4,043.26Cr11.490.26
₹15,036.1Cr---₹142.36Cr₹3,329.67Cr8.551.13
₹1,770.26Cr---₹143.01Cr₹2,369.01Cr18.731.01

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Dhaval Packaging IPO Contact Details

Company NameDhaval Packaging Limited

How to apply for Dhaval Packaging IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Dhaval Packaging Limited IPO FAQs

Investors can apply for the Dhaval Packaging IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Dhaval Packaging IPO is 36 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Dhaval Packaging IPO will be open between 2026-07-30 and 2026-08-03.
Dhaval Packaging IPO allotment date is 2026-08-05. For Dhaval Packaging IPO allotment status check, you can visit the website of the registrar of the IPO.
For Dhaval Packaging IPO, the IPO registrar is KFIN TECHNOLOGIES LIMITED. You can check Dhaval Packaging IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Dhaval Packaging IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Dhaval Packaging IPO lot size is 1200 and minimum order quantity is 2400.
Dhaval Packaging IPO has set the price band for its IPO at 97 per equity share with a face value of 10.