Jyoti Global Plast was incorporated on January 06, 2004. The company manufactures plastic and fiber-reinforced polymer (FRP) moulded products, offering customized solutions across industries such as pharmaceuticals, chemicals, food and beverage, automotive, defence, and aerospace
| Bidding Dates |
|---|
| 04 Aug 2025 - 06 Aug 2025 |
| Subscription |
|---|
| 7.93x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,48,000 | 2 | 2 | 2000 | 5.4 M | ₹62 - ₹66 | 72.91 % | ₹332.9 M - ₹354.4 M | RHP DOC |
Jyoti Global Plast IPO SUBSCRIPTION STATUS
06 Aug '25Jyoti Global Plast IPO overall subscription rate was 7.93 times the total available shares
Jyoti Global Plast IPO retail subscription rate was 12.68 times in the retail segment
Jyoti Global Plast IPO non-institutional investor subscription rate was 19.99 times in the non-institutional investor category
Jyoti Global Plast IPO Qualified Institutional Bidder subscription rate was 0.99 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
06 Aug 2025 (Day 3) | 12.68x | 19.99x | 0.99x |
05 Aug 2025 (Day 2) | 5.29x | 9.12x | 0.01x |
04 Aug 2025 (Day 1) | 1.06x | 6.76x | - |
Jyoti Global Plast FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 93.5 | 6.1 | 8.0 | 8.0 | 12.5% |
| FY24 | 87.3 | 3.6 | 5.9 | 5.9 | 8.9% |
| FY23 | 89.2 | 2.3 | -2.2 | -2.2 | 6.5% |
Jyoti Global Plast IPO SUBSCRIPTION STATUS DETAILS
Jyoti Global Plast had 5.4 M shares on offer
Jyoti Global Plast IPO offer price was in the range ₹62 - ₹66
Jyoti Global Plast IPO minimum Investment was ₹248000
Jyoti Global Plast IPO issue size was ₹ 332.9 M - ₹ 354.4 M
Jyoti Global Plast had a minimum lot size of 2000 Shares per application
Jyoti Global Plast NUMBER OF SHARES ON OFFER
Jyoti Global Plast IPO IMPORTANT DATES
| Issue Open Date | 04 Aug 2025 |
| Issue close Date | 06 Aug 2025 |
| Allotment Date | 07 Aug 2025 |
| Refund Date | 08 Aug 2025 |
| Demat Account Credit Date | 08 Aug 2025 |
| Listing Date | 11 Aug 2025 |
| Listing on Exchange(s) | NSE |
| Jyoti Global Plast Allotment Status | Exchange/ Registrar |
Jyoti Global Plast IPO subscription opened on 04 Aug 2025, and closed on 06 Aug 2025
IPO allotment for Jyoti Global Plast was finalized on Thursday, 07 Aug 2025
IPO listing for Jyoti Global Plast was on NSE on Monday, 11 Aug 2025
Jyoti Global Plast IPO LISTING GAINS
| Issue Price (adjusted) | 66.0 |
| Listing Open Price | 65.9 |
| Listing Close Price | 65.8 |
| Listing Gain% | -0.1% |
| Current Gain% | -39.2% |
Jyoti Global Plast Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jyoti Global Plast Ltd. | 40.1 | 79.5 | 11.3 | 0.7 | 0.8 | 13 | 7.8 | 103.6 | 10.4 | 7 | 15.6 | 3.5 | 15.6 |
| Supreme Industries Ltd. | 3442 | 43722.7 | 42.4 | 2.6 | 3.9 | 15.5 | 12.2 | 11262.5 | 7.2 | 954 | -0.7 | 81.3 | 16 |
| Astral Ltd. | 1444 | 38793.1 | 72.3 | 29.6 | 5.9 | 13.2 | 9.2 | 6615.9 | 12.6 | 536.6 | 2.4 | 20 | 2.4 |
| Shaily Engineering Plastics Ltd. | 3162.3 | 14531.6 | 82.2 | 1.6 | 14.2 | 23.7 | 14.8 | 998.4 | 26.5 | 169.9 | 82.5 | 38.5 | 51.3 |
| Finolex Industries Ltd. | 164.4 | 10202.5 | 16.6 | 0.3 | 2.6 | 9.6 | 7.9 | 4324.8 | -1.5 | 599 | -25.1 | 9.9 | 54.8 |
| Time Technoplast Ltd. | 204.9 | 10113.6 | 20.6 | 1 | 1.6 | 11.5 | 8.3 | 6114.4 | 11.9 | 468.7 | 20.8 | 9.9 | 21.3 |
Jyoti Global Plast INFORMATION ON IPO ISSUE
About Jyoti Global Plast
Jyoti Global Plast was incorporated on January 06, 2004. The company manufactures plastic and fiber-reinforced polymer (FRP) moulded products, offering customized solutions across industries such as pharmaceuticals, chemicals, food and beverage, automotive, defence, and aerospace
Object of the Issue
- Part finance the cost of establishing new manufacturing facility to expand the production capabilities at Plot No. D61/2, MIDC, Mahad, District Raigad -402309, Maharashtra, India (“Proposed new facility”)
- Funding of capital expenditure requirements of the company towards set up of solar power plant
- Repayment and/or pre-payment, in part or full, of certain borrowings availed by the company
- General corporate purposes
Jyoti Global Plast - PROMOTERS
| Name |
|---|
| Bhawanji Khimji Shah |
| Hiren Bhawanji Shah |
| Deven Bhawanji Shah |
| Karan Deven Shah |
| Sainyum Hiren Shah |
Jyoti Global Plast - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Hiren Bhawanji Shah | Managing Director |
| Deven Bhawanji Shah | Whole-time Director & Chief Executive Officer |
| Bhawanji Khimji Shah | Chairman & Executive Director |
| Sharadchandra Kishorilal Patel | Independent Director |
| Swati Sandeep Nivalkar | Independent Director |
| Gajanan Vinayak Godbole | Independent Director |
Jyoti Global Plast Book Running Lead Manager
Unistone Capital Private Limited
mb@unistonecapital.com
Jyoti Global Plast Registrar to the issue
Mufg Intime India Private Limited
jyotiglobal.ipo@in.mpms.mufg.com
Jyoti Global Plast Strengths
Strong client base
The company has built long-term relationships with over 1,000 customers across industries such as pharmaceuticals, chemicals, food, lubricants, adhesives, and agro-based sectors. With strict adherence to customer quality standards, it consistently meets their packaging requirements
Broad product range
The company offers an extensive portfolio of packaging solutions using high-density polyethylene (HDPE) and high-density polypropylene (HDPP), ranging from 250ml to 250 litres. Its products cater to diverse industries such as chemicals, pharmaceuticals, food and beverages, agrochemicals, and lubricants
Integrated operations capability
The company operates with six company-owned trucks, ensuring control over delivery timelines and route optimization. For extended logistical needs, it partners with reliable third-party providers. It also has an in-house laboratory equipped with modern testing tools and trained personnel to ensure product quality
Jyoti Global Plast Risks
Raw material risk
The company does not have long-term agreements with raw material suppliers and relies on third-party vendors for procurement. This exposes it to supply disruptions, price volatility, and quality issues. Unfavourable market or regulatory conditions, or failure to source materials like HDPE and masterbatches, could impact margins and cash flow
Geographically concentrated
All of the company’s manufacturing units are located in Maharashtra, making operations vulnerable to regional disruptions such as natural disasters, political unrest, or pandemics. Any breakdown, service interruption, or raw material delay could significantly affect production
Counterfeit product risk
The presence of counterfeit or imitation products in the market poses a threat to the company’s brand reputation and financial performance. Third parties passing off low-quality replicas can mislead customers and reduce trust in the original products
IPO FAQs
This IPO consists of an offer for sale of up to Rs 6.9 crore, of 1,050,000 shares. It also consists of a fresh issue of Rs 28.5 crore.
The promoters of the company are Bhawanji Khimji Shah, Hiren Bhawanji Shah, Deven Bhawanji Shah, Karan Deven Shah and Sainyum Hiren Shah.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 62.0 - 66.0.
The IPO application opens on Aug 04, 2025 and closes on Aug 06, 2025.
The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
For all category investors, the minimum application amount for this IPO is Rs. 248,000.0, the maximum value for this IPO is Rs 264,000.0.
This IPO will be allotted on Aug 07, 2025.
The refund will be credited to your account on Aug 08, 2025.
The allotted shares will be credited to your demat on Aug 08, 2025.
Jyoti Global Plast Ltd.’s shares listed on the stock exchanges on Aug 11, 2025.