Platinum Industries Limited
₹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
Platinum Industries Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
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
Reservation Details
Shares Offered
20,64,184
Shares Offered
27,52,375
Shares Offered
41,28,237
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)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 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'
- 2Funding of capital expenditure requirements of the company towards setting up of a manufacturing facility for PVC Stabilizers at Palghar, Maharashtra, India
- 3Funding working capital requirements of our Company
- 4General corporate purposes.
Platinum Industries Limited – Promoter(s)
Contact Details
Platinum Industries Limited IPO Documents
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.
