Ideal Technoplast Industries Limited

About the company

## **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;  1. General Corporate Purpose.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   21 Aug 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   23 Aug 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   23 Aug 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   27 Aug 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   26 Aug 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   28 Aug 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.