Dhaval Packaging
Price Band
₹92 - ₹97
Lot Size
2,400 Shares
Issue Size
₹36.36 Cr
Fresh Issue
₹36.36 Cr
OFS
Nil (100% Fresh)
Registrar
AI Sentiment Score
Listing Price
₹110.00
vs Issue: ₹97 (+13.40%)
📅 IPO Timeline
✓
Open
Jul 30, 2026
✓
Close
Aug 1, 2026
✓
Allotment
Aug 3, 2026
✓
Refund
Aug 4, 2026
✓
Demat
Aug 4, 2026
✓
Listing
Aug 6, 2026
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
The listing gain is adjusted upward from the 8.25% GMP due to massive institutional demand (QIB 56.38x) and a small float size which creates a scarcity squeeze. Strong financial fundamentals, including a high ROE of 31.58% and a 100% fresh issue structure, further enhance the sentiment score.
💪 Strengths
- Exponential PAT growth over 3 years
- 100% Fresh Issue (No promoter offloading)
- Strong ROE (31.58%) and ROCE (22.58%)
⚠️ Weaknesses
- Small issue size leads to high volatility
- Concentration of manufacturing in Sanand, Gujarat
🚀 Opportunities
- Expansion into new manufacturing facility in Sanand-II
- Increasing export footprint in UAE, Canada, and Australia
🛡️ Threats
- Raw material price volatility in plastic polymers
- Intense competition in the FMCG packaging sector
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”) | ₹27.19 |
| Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company | ₹3.95 |
| General corporate purposes | ₹5.22 |
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 47.99 Cr | Rs 52.26 Cr | Rs 65.03 Cr |
| Net Profit / PAT (₹ Cr) | Rs 1.55 Cr | Rs 6.04 Cr | Rs 8.04 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 4.98 Cr | Rs 10.22 Cr | Rs 14.10 Cr |
| Borrowings (₹ Cr) | Rs 19.28 Cr | Rs 16.55 Cr | Rs 24.13 Cr |
| Total Assets (₹ Cr) | Rs 33.71 Cr | Rs 47.90 Cr | Rs 66.42 Cr |
| ROCE % | 14.91% | 31.28% | 27.82% |
Debt/Equity
0.78
📋 Live Subscription Status
QIB
56.38x
NII
75.35x
Retail
40.36x
Total
49.99x
🎯 Retail Allotment Probability
2.5% Odds
1 in 40.4 chance (~2.5% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Aug 5, 2026 8:11 AM
💼 Issue Structure & Reservation Quota
Capital Structure
₹36.4 Cr
Issue Size
Fresh (100%)
Reservation Quota
100%
Allocation
NII (50%)
Retail (50%)
QIB
0.00%
Retail
50.00%
NII
50.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.