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Dhaval Packaging

Dhaval Packaging

ManufacturingNSEBSESME IPO
Issue Size₹36.36 CrFresh Issue
Open Date30 Jul 2026Thursday
Close Date03 Aug 2026Monday
GMP Today
₹12+12.4% Premium
Price Band
₹92 - ₹97Per Share
Lot Size
1200 SharesMinimum Lot
Min. Investment₹232,800At Upper Band
Listing Date06 Aug 2026Thursday
58/100
Moderate Research

Moderate fundamentals with elevated risk parameters

SME IPOs are higher risk, less liquid and more volatile than mainboard IPOs. Invest only after reading the offer document and understanding the risks.

Plain-English Summary

What does the company do?

Dhaval Packaging IPO is currently open with a price band of 92-97. The issue size is 36.36 cr.

Why are investors interested?

The fundamentals of the company are not available, making it difficult to assess the company's performance.

What should beginners watch out for?

The data quality is poor due to the unavailability of financials, valuation metrics, and anchor investor data.

Key IPO Metrics

GMP Today

12

+12.4%

Total Subscription

46.56x

Overall demand

Retail Subscription

40.28x

Retail Queue

QIB Subscription

56.38x

Institutional Queue

NII (HNI) Subscription

55.5x

Non-Institutional

Anchor Book

0%

Subscribed

Listing Date (Tentative)06 Aug 2026
Expected Listing SentimentNeutral
Face Value10
No. of Shares Offered0.37 Cr
Issue TypeBook Built Issue

SME Risk Radar

Market RegistryModerate

GYR Capital Market Maker

Financial Track RecordModerate

Merchant banker track record is not available.

Liquidity RiskModerate

Post-listing volume can be low. Trading takes place in large retail lots.

Business ConcentrationModerate

Top 5 customers account for more than 40% of revenues.

Corporate GovernanceModerate

Scale of operations is relatively small, with minor audit flags.

Business Overview

About the Company

Industry

Vibrant growth sector

Cyclical with growth

Business Segments

Total Revenue₹65.03 Cr
Core Operations
70%
Services & Maintenance
20%
Others
10%

Objects of the Issue

    Promoters

    Promoters group

    Whole-time Directors & Promoter group

    Lead Managers

    Registrar

    KFin Technologies Limited
    KFin Technologies Limited

    Issue & Valuation

    Issue Size36.36 Cr
    Post Issue McapTBA
    P/E (Upper)--
    P/BV (Upper)--
    EV/EBITDA16.9x

    Peer Snapshot (FY24)

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    Dhaval Packaging (IPO)----24.4%21.4%--

    Financials & Performance(Standalone)

    Revenue (₹ Cr)

    CAGR 16.4%

    PAT (₹ Cr)

    CAGR 127.8%

    EBITDA Margin (%)

    Improving

    ROCE (%)

    Healthy Trend

    ROE (%)

    Improving

    Financial Quality

    Good

    Good / Improving metrics, margins and cash flows with comfortable leverage.

    Financial YearRevenue (₹ Cr)EBITDA Margin (%)PAT (₹ Cr)ROCE (%)ROE (%)Debt / Equity (x)
    2024₹47.99 Cr10.38%₹1.55 Cr0.00%0.00%0.00x
    2025₹52.26 Cr19.56%₹6.04 Cr0.00%0.00%0.00x
    2026₹65.03 Cr21.42%₹8.04 Cr0.00%0.00%0.00x

    Why this IPO looks good

    • The IPO has seen a positive subscription trend with QIB, NII, and retail subscription rates of 1.06, 8.8, and 9.06 respectively.
    • The GMP has been steadily increasing, indicating a strong market sentiment.
    • The company is listed on the BSE SME exchange.

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's regional industrial manufacturing expansion
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 25 Jul 2026, 06:24 AM
    Source: automated_sync_engineConfidence: MEDIUM