Platinum Industries IPO Date, Review, Price, Allotment Details

Platinum Industries is a multi-product corporate engaged within the industry of producing stabilizers. Their industry phase contains PVC stabilizers, CPVC components, and lubricants. They perform within the strong point chemical substances business. Their merchandise to find their utility in PVC pipes, PVC profiles, PVC fittings, electric wires and cables, SPC flooring tiles, Rigid PVC foam forums, packaging fabrics, and so forth. The Indian strong point chemical substances business, accounting for ~26% of the entire chemical substances business (apart from prescription drugs), used to be value $29 billion in fiscal 2020. The business expanded at 6.7% CAGR over fiscals 2015-20, pushed via an building up in home offtake from quite a lot of end-user industries and emerging exports. However, in fiscal 2021, the business declined 3.4% on-year on account of a slowdown in financial process and the ensuing decline in call for from end-user industries. The business exhibited restoration in fiscal 2022 with an estimated value of $33.5 billion.

They supply custom designed merchandise and answers at once to their shoppers and in addition via their community of vendors. They additionally adopt buying and selling actions of related commodity chemical substances similar to titanium dioxide and PVC/CPVC resin. They export their merchandise to different international locations additionally. Their industry fashion is aimed toward persistently increasing our product portfolio via introducing new merchandise to cater to more than one end-use packages. With a strict focal point on product high quality and a excellent monitor document within the distributor community, they’ve a longtime logo symbol which is helping us in penetrating new product classes.

Objects of the Issue

• Investment within the subsidiary, Platinum Stabilizers Egypt LLC (“PSEL”), for financing its capital expenditure necessities concerning the putting in of a producing facility for PVC Stabilizers at SC Zone ‘Governorate of Suez Egypt’.
• Funding of capital expenditure necessities of the corporate in opposition to putting in of a producing facility for PVC Stabilizers at Palghar, Maharashtra, India.
• Funding operating capital necessities of our Company.
• General company functions.

Platinum Industries IPO Review (Apply or Not)

Brokerage Firm IPO Review

• Capital Market: To be up to date quickly
• Religare Broking: To be up to date quickly
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• Arihant Capital: To be up to date quickly

Platinum Industries IPO Date & Price Band Details

Platinum Industries IPO Market Lot

The Platinum Industries IPO minimal marketplace lot is [.] stocks with ₹-application quantity. The retail traders can practice up-to 13 so much with [.] stocks or ₹- quantity.

Platinum Industries IPO Allotment & Listing Dates

The Platinum Industries IPO date is February [.], 2024 and the shut date is February [.], 2024. The Platinum Industries IPO allotment might be finalized on February [.], 2024 and the IPO list on February [.], 2024.

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

Platinum Industries IPO Form

How to use for the Platinum Industries IPO? You can practice for Platinum Industries IPO by way of ASBA to be had on your checking account. Just cross to the net financial institution login and practice by way of your checking account via settling on the Platinum Industries IPO within the Invest phase. The different choice is you’ll practice for Platinum Industries IPO by way of IPO paperwork downloaded by way of NSE and BSE. Check out the Platinum Industries paperwork – Click BSE Forms & NSE Forms clean IPO paperwork obtain, fill, and publish on your financial institution or together with your dealer.

Platinum Industries Company Financial Report

Platinum Industries IPO Valuation – FY2023

Check Platinum Industries IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Peer Group

• Supreme Petrochem Ltd.
• Apcotex Industries Ltd.

• Krishna Dushyant Rana
• Parul Krishna Rana

Platinum Industries IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

Platinum Industries IPO Allotment Status Check

Check Platinum Industries IPO allotment standing on Bigshare web page allotment URL. Click Here

Platinum Industries IPO Lead Managers aka Merchant Bankers

Company Address

Platinum Industries Limited
Unit No. 841, 4th Floor, Solitaire Corporate
Park-8, Andheri Kurla Road
Andheri (E), Mumbai –400093
Phone: +91 7304538055
Email: [email protected]
Website: https://platinumindustriesltd.com/

Platinum Industries IPO FAQs

Note: The Platinum Industries IPO worth band and date aren’t formally introduced but. The IPO gray marketplace top class (Platinum Industries IPO Premium) might be added to the IPO gray marketplace web page as it’s going to get started).