The Platinum Industries has begun on 27-Feb-2024. It will close on 29-February-2024. The Total IPO Size is 235.32 Crore. The company set its IPO price is 162-171 Rs Per Share. Basically, there are three basic categories in Platinum Industries IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.
Platinum Industries is a engaged in the business of manufacturing stabilizers. The business segment includes PVC stabilizers, CPVC additives and lubricants.
They also undertake trading activities of associated commodity chemicals such as titanium dioxide and PVC/CPVC resin. We export our products to other countries also. As on the date of this Draft Red Herring Prospectus, They have a distribution network of 12 spread across India.
The Manufacturing Facility is located at Palghar, Maharashtra.
Platinum Industries Promoters Details
Krishna Dushyant Rana and Parul Krishna Rana are the Promoters of the company.
Platinum Industries IPO Date, Details & Price Band
The Platinum Industries IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 27-February-2024 |
| IPO Closing Dates | 29-February-2024 |
| Price Band | 162-171 Rs |
| Fresh Issue | 235.32 Crore |
| Total IPO size | 235.32 Crore |
| Minimum bid (lot size) | 87 Shares |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Platinum Industries IPO Market Lot
The Platinum Industries IPO minimum market lot is 87 shares With 14,877 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 87 | 14,877 ₹ |
| Retail Maximum | 13 | 1131 | 193,401 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-23 | 121.17 | 232.56 | 37.58 |
| 31-Mar-22 | 84.48 | 189.24 | 17.75 |
| 31-Mar-21 | 32.26 | 89.53 | 4.82 |
Platinum Industries IPO GMP & Grey Market Premium
Platinum Industries IPO GMP Grey market premium has been started today. Check Latest Platinum Industries IPO GMP, Kostak Rates and Subject to Sauda Price here.
Platinum Industries IPO Prospectus
Platinum Industries IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Platinum Industries IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investors List | Download |
Platinum Industries IPO Reviews
Angel Broking – Update Soon
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Prabhudas Lilladher – Update Soon
Platinum Industries IPO Form Download
Platinum Industries IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Platinum Industries IPO forms.
Platinum Industries IPO Allotment Date & Details
| Allotment Date | 01-March-2024 |
| Initiation of refunds | 04-March-2024 |
| Transfer of shares to Demat accounts | 04-March-2024 |
| Listing Date | 05-March-2024 |
| Check Allotment Status | Click here |
Registrar of Platinum Industries
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400 093, Maharashtra, India.
Telephone:022-62638200
Facsimile:022-63638280
Email: [email protected];
Investor grievance email: [email protected]
Contact Person: Babu Rapheal C.
Website: www.bigshareonline.com
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534U
Platinum Industries Contact Details
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 Lead Managers
UNISTONE CAPITAL PRIVATE LIMITED
A/ 305, Dynasty Business Park, Andheri-Kurla Road, Andheri East, Mumbai – 400 059, India.
Telephone: +91 9820057533
Email: [email protected]
Investor grievance email: [email protected]
Contact Person: Brijesh Parekh
Website: www.unistonecapital.com
SEBI registration number: INM000012449
CIN: U65999MH2019PTC330850