The problem, which mixes a recent providing of 43.2 lakh shares and an offer-for-sale of 10.5 lakh shares, is drawing consideration within the gray market with a 20% premium, suggesting robust early sentiment.
The IPO is priced within the vary of Rs 62–66 per share, and the minimal lot measurement is 4,000 shares for retail traders. The problem will shut on Wednesday and the tentative itemizing is scheduled for Monday on the NSE SME platform.
Unistone Capital is performing because the lead supervisor, with Hyperlink Intime because the registrar and LFC Securities because the market maker. The corporate raised Rs 10.07 crore from anchor traders forward of the IPO.
Primarily based in Mumbai, Jyoti International Plast is a specialist in plastic molding, providing customized options throughout a spread of merchandise like HDPE containers, drums, barrels, automotive elements, toys, and drone elements.
The corporate provides to over 1,000 purchasers throughout sectors together with prescription drugs, chemical substances, lubricants, meals and beverage, and childcare. It operates from two manufacturing models in Maharashtra and is establishing a 3rd facility in Raigad to scale operations.Financially, the corporate has proven regular progress with a 68% soar in revenue after tax to Rs 6.08 crore in FY25, on income of Rs 93.8 crore.
With a diversified consumer base, built-in logistics, and inexperienced vitality investments, Jyoti International Plast is positioning itself as a flexible participant in sustainable plastic packaging and customized molding.