Dhaval Packaging IPO Details
Dhaval Packaging IPO Summary
Dhaval Packaging IPO opens for subscription on 30 Jul 2026 and closes on 03 Aug 2026.The IPO will be listed on BSE with the tentative listing date set for 06 Aug 2026.
Dhaval Packaging IPO price band has been fixed at ₹92 – ₹97 per share. The face value is ₹10 per share with a lot size of 1200.
Dhaval Packaging IPO total issue size comprises 37,48,800 shares (aggregating up to ₹36.36 Cr). This includes a fresh issue of 37,48,800 shares (aggregating up to ₹36.36 Cr). Pre-issue shareholding stands at 99,88,000, which will increase to 1,37,36,800 post-issue.
Dhaval Packaging IPO carries a ₹10 (10.31%) GMP, reflecting investor sentiment.
Dhaval Packaging IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹232,800. Individual Maximum is 2 lots (2,400 shares) amounting to ₹232,800. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹349,200. SHNI Maximum is 8 lots (9,600 shares) amounting to ₹931,200. BHNI Minimum is 9 lots (10,800 shares) amounting to ₹1,047,600.
Dhaval Packaging IPO Details
Dhaval Packaging IPO Subscription
Dhaval Packaging IPO Application Wise Breakup
Dhaval Packaging IPO Dates
- 30 Jul 2026Opening dateOpen
- 03 Aug 2026Closing dateClose
- 04 Aug 2026Allotment Date Allotment
- 05 Aug 2026Initiation of RefundsRefund
- 05 Aug 2026Credit of SharesCredit
- 06 Aug 2026Listing dateListing
Dhaval Packaging IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2400 | ₹232,800 |
| Individual Maximum | 2 | 2400 | ₹232,800 |
| SHNI Minimum | 3 | 3600 | ₹349,200 |
| SHNI Maximum | 8 | 9600 | ₹931,200 |
| BHNI Minimum | 9 | 10800 | ₹1,047,600 |
Dhaval Packaging IPO Reservation
Promoter Holding
Documents
Dhaval Packaging IPO Valuations
Dhaval Packaging Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 66.42 | 47.89 | 33.70 |
| Total Income | 65.20 | 52.43 | 48.08 |
| Profit After Tax | 8.04 | 6.04 | 1.55 |
| EBITDA | 13.93 | 10.22 | 4.99 |
| NET Worth | 30.75 | 20.16 | 4.10 |
| Reserves and Surplus | 20.76 | 17.75 | 2.10 |
| Total Borrowing | 24.13 | 16.55 | 19.28 |
| Amount in ₹ Crore | |||
About Dhaval Packaging IPO
Incorporated in November 2015, Dhaval Packaging Limited is engaged in the design, manufacturing, and supply of plastic packaging solutions for the food, FMCG, and industrial sectors. The company primarily manufactures In-Mold Labeling (IML) food containers and SAW Pipe Protection Plastic Caps (End Caps), serving both domestic and international customers. Its packaging solutions cater to industries including dairy, sweets, bakery, confectionery, frozen foods, pharmaceuticals, agro products, oil & gas, construction, infrastructure, and heavy engineering.
The company operates three manufacturing facilities in Sanand, Gujarat, equipped with 21 IML injection molding machines and one vacuum forming machine, with a production capacity exceeding 8,000 kg per day. Its fully automated in-house IML manufacturing, backward integration through its promoter group entity for label production, and in-house tooling capabilities enable consistent quality, faster turnaround, and customized packaging solutions. Dhaval Packaging also exports its products to countries including Malaysia, Mauritius, Canada, UAE, Qatar, and Australia.
Key Products:
1. IML (In-Mold Labeling) Containers: In this process, a printed label is placed inside the mold before plastic is formed, so the label becomes part of the container. This creates a strong, long-lasting finish that resists moisture, scratches, and chemicals. The company offers around 39 IML container SKUs and supplies many well-known Indian brands, along with exports to international customers.
2. SAW Pipe Protection Plastic End Caps: It manufactures plastic end caps used to protect the ends of pipes and tubes during storage and transport. These caps prevent damage, contamination, and corrosion. They are used across industries such as oil & gas, construction, infrastructure, and heavy engineering.
As of May 31, 2026, Dhaval Packaging had 54 permanent employees and 112 contract workers supporting manufacturing, quality control, sales & marketing, accounts, compliance, and administrative functions.
Strength Of Dhaval Packaging IPO
- Long standing relationships with a diversified customer base.
- Business Model focused on customized solutions and strong customer relationships.
- Experienced Promoters and management team.
Risk Of Dhaval Packaging IPO
- The company depends on a limited number of suppliers for its raw material requirements of the company's business. Further, the company does not have definitive agreements or fixed terms of trade with most of its suppliers. Failures to successfully leverage the company's relationships with existing suppliers or to identify new suppliers could adversely affect its business operations.
- Any disruptions to the supply, or increases in the pricing, of the raw materials and finished products that the company procure, may adversely affect the supply and pricing of its products and, in turn, adversely affect the company's business, cash flows, financial condition and results of operations.
- The company revenues are significantly dependent on certain geographical regions, and any adverse developments in these regions could adversely impact its business, financial condition and results of operations.
- The company's manufacturing facilities are located only in the state of Gujarat. Any adverse developments affecting its operations in the Gujarat could have an adverse impact on the company's revenue and results of operations.
- The company's business is operating under various laws which require it to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business, and if the company is unable to obtain these approvals and the renewals, the company's business operations could be adversely affected thereby impacting its revenues and profitability.
- The company's business operations are highly dependent on the efficient functioning of its manufacturing machinery, and any breakdown, malfunction or technical failure may adversely affect the company's production and profitability.
- The company operates the company's business from leased premises, including certain premises held under short-term lease arrangements, and any disruption or non-renewal of such leases may adversely affect the company's business.
- The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.
- The company has experienced growth in recent years and may be unable to sustain its growth or manage it effectively. The company cannot assure you that the company will be able to successfully execute its growth strategies, which could affect the company's business, prospects, results of operations and financial condition.
- Any shortage, delay, in the procurement of Raw Materials and other Inputs in these materials could materially and adversely affect its business operations, financial performance, and profitability.
Objectives Dhaval Packaging IPO
1. 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”)
2. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
3. General corporate purposes
Company Contact Details
Plot No. E 411, GIDC, Sanand
Ahmedabad, Gujarat , 382110
Phone: +91 9898066258
Email: cs@dhavalpackaging.com
Website: http://www.dhavalpackaging.com/
Registrar Contact Details
Dhaval Packaging FAQs
The Dhaval Packaging IPO is a SME public issue comprising 3748800 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹36.36 Cr. The issue price has been fixed at ₹97 per equity share, and the minimum application size is 1200 shares.
The IPO opens for subscription on 30 Jul 2026, and closes on 03 Aug 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹10 (10.31%).
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