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Dhaval Packaging Ltd IPO

Listed SME BSE SME Bookbuilding IPO
Min Investment
₹2,32,800
1200 shares · 1 lot

Dhaval Packaging Ltd IPO was priced at ₹92–₹97 per share with an issue size of ₹36 crore. The IPO opened on Jul 30, 2026 and closed on Aug 03, 2026, with a lot size of 1,200 shares and a minimum investment of ₹2,32,800.

Open
30 Jul
Close
03 Aug
Allotment
04 Aug
Refund
05 Aug
Listing
06 Aug

Market Sentiment

Grey Market Premium

Full history →
+₹8.00 +8.3%
Est. listing: ₹105
Updated 05 Aug 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

All IPOs →
3.91x
Total subscription · 2,936 applications
QIB 1.06x
NII (HNI) 5.96x
bNII (> ₹10L) 6.50x
sNII (₹2L - ₹10L) 4.33x
Retail 4.71x
Employee Reserved 0.22x
Updated 03 Aug 2026, 10:21 AM

IPO Details

Price Band ₹92.00 - ₹97.00 per share
Lot Size1200 shares
Min Investment₹2,32,800
Total Issue Size ₹36.00 crore
Shares Offered37,48,800
Issue Structure Fresh Issue
Issue TypeBookbuilding IPO
Lead Manager(s)Rarever Financial Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹97 · lot size 1200 shares · estimated listing price ₹105 (GMP +₹8)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 1,200 ₹1,16,400 ₹1,26,000 +₹9,600
S-HNI (Min) 2 2,400 ₹2,32,800 ₹2,52,000 +₹19,200
S-HNI (UPI limit) 4 4,800 ₹4,65,600 ₹5,04,000 +₹38,400
S-HNI (Max) 8 9,600 ₹9,31,200 ₹10,08,000 +₹76,800
B-HNI (Min) 9 10,800 ₹10,47,600 ₹11,34,000 +₹86,400
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹6.05
P/E (Post)
17.08 x
RoNW
24.03%
RoCE
17.40%
Net Worth
₹28.56 Cr
MetricLatest Reported
Total Income₹51.73 Cr
Profit After Tax₹5.86 Cr
Net Worth₹28.56 Cr

Promoters & Holding

Promoters: Manish Nanalal Dagla, Dhaval Nanalal Dagla, Shah Aalpa Dipak, Jigar Harivadan Contractor, Jigar Manubhai Shah

Promoter Holding (Pre-Issue)90.87%

Strengths & Risks

Strengths

  • In-house IML Manufacturing with Automation
  • Backward Integration
  • Dual-Segment portfolio
  • Experienced Promoters
  • Customisation and Tooling Capability
  • Long-standing Customer Relationships and Key-Account Execution

Risks & Concerns

  • Dependence on a limited number of customers
  • Fluctuations in raw material prices
  • Competition from other packaging companies
  • Regulatory changes affecting the packaging industry
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Dhaval Packaging Ltd. designs, manufactures, and supplies plastic packaging solutions for both Indian and international markets, focusing on high-quality packaging for food and FMCG sectors.

Founded2015
HeadquartersAhmedabad, Gujarat
IndustryPackaging
Websitehttp://www.dhavalpackaging.com/

Objects of the Issue

  • 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
  • Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
  • General corporate purposes

Registrar & Allotment

RegistrarKfin Technologies Ltd.
Phone040-79615565
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Dhaval Packaging Ltd IPO — dates, pricing, allotment and listing.

Dhaval Packaging Ltd IPO is a bookbuilding ipo of ₹36 crore. The issue was priced at ₹92–₹97 per share, with a lot size of 1,200 shares. Bidding ran from Thu, 30 Jul 2026 to Mon, 03 Aug 2026, with shares listed on BSE SME.

The price band was ₹92–₹97 per share.

One lot was 1,200 shares. Bids had to be placed in multiples of 1,200.

A retail investor needed at least ₹2,32,800 – one lot of 1,200 shares at ₹97, the upper end of the price band.

Dhaval Packaging Ltd IPO opened on Thu, 30 Jul 2026 and closed on Mon, 03 Aug 2026.

Allotment was finalised on Tue, 04 Aug 2026.

Dhaval Packaging Ltd shares were listed on Thu, 06 Aug 2026 on BSE SME.

The company intended to use the net proceeds towards 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, full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our company and general corporate purposes.

Rarever Financial Advisors Pvt.Ltd. is the book running lead manager. Kfin Technologies Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Dhaval Packaging Ltd IPO subscription page, and on the BSE and NSE websites.

From Tue, 04 Aug 2026, check the Dhaval Packaging Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.