Platinum Industries IPO Date, Price, GMP, Review, Details

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.

Platinum Industries IPO Documents Download
DRHP Download
RHP Download
Anchor Investors List Download

Platinum Industries IPO Reviews

Angel Broking – Update Soon
Choice Broking – Update Soon
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

S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400 093, Maharashtra, India.
Email: [email protected];
Investor grievance email: [email protected]
Contact Person: Babu Rapheal C.
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]

Platinum Industries IPO Lead Managers

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
SEBI registration number: INM000012449
CIN: U65999MH2019PTC330850

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