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Dhaval Packaging Ltd

Registered Office: Plot No.E 411 GIDC Sanand,, Ahmedabad - 382110, Gujarat, India.
Phone : +91 98980 66258   Fax:
Email :  info.dhavalpackaging@gmail.com  
Website :  www.dhavalpackaging.com

Initial public offer of 37,48,800 equity shares of face value of Rs. 10/- each of Dhaval Packaging Limited ("DPL" or the "Company" or the "Issuer") for cash at a price of Rs. 97 per equity share including a share premium of Rs. 87 per equity share (the "Issue Price") aggregating to Rs. 36.31 Crores ("the Issue"), of which 1,88,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 97 per equity share including a share premium of Rs. 87 per equity share aggregating to Rs. 1.83 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion") and 1,20,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 97 per equity share including a share premium of Rs. 87 per equity share aggregating to Rs. 1.16 Crores will be reserved for subscription by eligible employees (the "Employee Reservation Portion"). Pursuant to finalization of basis of allotment 98,400 equity shares were allotted to employees under the employee reservation portion. The issue less the market maker reservation portion and employee reservation portion i.e. Net issue of 34,62,000 equity shares of face value of Rs. 10/- each at a price of Rs. 97 per equity share including a share premium of Rs. 87 per equity share aggregating to Rs. 33.58 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.29% and 25.20%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. Price Band: Rs. 97 per equity share of face value Rs. 10/- each. The floor price is 9.7 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
30-Jul-26 03-Aug-26 97.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2400   Further Multiples of : 1200
  Rs(Cr.) Lead Managers to the Issue
Project Cost 32.45 Rarever Financial Advisors Private Limited
Project Financed through Current Offer 36.31  
Post Issue Equity Share Capital 13.74  
Issue Price 97.00  

Project

  • 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");
  • Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by its Company
  • General corporate purposes

Promoted By

Manish Nanalal Dagla

Dhaval Nanalal Dagla

Shah Aalap Dipak

Listing At

BSE - SME

Registrar to the Issue

KFin Technologies Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.