Ideal Technoplast Industries Limited
listed
₹1.21LMin. investment
Ideal Technoplast Industries Limited IPO Details
Issue size
₹16.03Cr
IPO type
SME
Price range
₹121 – ₹121
Listing date
28 Aug 2024
Lot size
1000 shares
Price range₹121 – ₹121
IPO type
SME
Lot size1000 shares
Issue size₹16.03Cr
Ideal Technoplast Industries Limited Timeline
- Bid start21 Aug 2024
- Bid end23 Aug 2024
- Allotment23 Aug 2024
- Release of funds27 Aug 2024
- Demat transfer26 Aug 2024
- Listing28 Aug 2024
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:
- To Meet Capital Expenditure;
- General Corporate Purpose.
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Ideal Technoplast Industries Limited Contact Details
Company NameIdeal Technoplast Industries Limited
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- Step 2
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- Step 3
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- Step 4
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