Jyoti Global Plast IPO: Price, GMP, Analysis, And Details

Jyoti Global Plast IPO- Company Analysis 

Jyoti Global Plast IPO under the SME IPO category is a bookbuilding of Rs. 35.44 Cr by Jyoti Global Plast Ltd, which was incorporated in 2004. For industries like pharmaceuticals, chemicals, food & beverage, oil, adhesives, and childcare, the company specializes in plastic molding and provides custom solutions for toys and polymer-based packaging containers such as HDPE-PP products, drums, carboys, jerrycans, barrels, and pails.

The business serves a variety of industries with its inventive and varied line of plastic molding products. 

Product offerings-

• Solutions for Industrial Packaging

• Automobile Parts

• Products for the Home and Consumers

• Parts of a Drone

• Baby and Child Care Items

• Solutions for Custom Molding

The company sells a range of goods, including toys, drone parts, automotive parts, and packaging containers.

Their packaging solutions, which cater to the pharmaceutical, chemical, food and beverage, lubricant, adhesive, and childcare industries, include HDPE drums, barrels, jerrycans, bottles, and pails.

Jyoti Global Plast IPO Details

The Jyoti Global Plast IPO date is on 04 August 2025, and its initial public offering will end on 06 Aug with IPO allotment on Aug 07, and refund initiation on Aug 08, 2025.

The Rs. 35.44 crore new SME IPO comprises a wholly fresh issue of 43.20 lac shares (Rs. 28.51 Cr) and an offer for sale of 10.50 lac shares (Rs. 6.93 Cr).

The Jyoti Global Plast IPO listing date (expected) might be on Monday, Aug 11, 2025, and listing at the NSE and SME. 

The Jyoti Global Plast IPO price band is Rs. 62 to Rs. 66.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Aug 04, 2025
IPO Closing Date	Aug 06, 2025
IPO Allotment Date	Aug 07, 2025
Refund Initiation	Aug 08, 2025
IPO Listing Date	Aug 11, 2025

 

 

Click to open demat account and apply for the IPO.

Company Financials

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Total Assets	56.81	51.84	43.54
Total Revenue	93.80	87.96	89.35
PAT	6.08	3.62	2.32
EBITDA	11.66	7.75	5.82
Net Worth	21.34	15.26	11.65
Reserves & Surplus	5.84	14.76	11.15
Borrowings	25.31	28.95	23.84

 

Cash Flows

(Amount in lac)

Net Cash Flow in Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	804.87	593.11	(224.65)
Net Cash Flow Investing Activities	(362.31)	(661.30)	(147.27)
Net Cash Flow Financing Activities	(635.04)	266.32	270.15

 

Revenue Bifurcation

Industry-wise Revenue Breakdown

State-wise Revenue Breakdown

(Rs. in lac)

Region-wise Revenue Breakdown

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Contribute to the establishment of a new manufacturing facility in Maharashtra, India, to increase production capacity ("Proposed new facility").

• The company's capital expenditure needs for the establishment of a solar power plant.

• Partial or complete repayment and/or prepayment of some of the company's borrowed funds.

• General corporate purposes.
  
  

Listed Peers of Jyoti Global Plast Ltd.

Company Name	Face Value (Rs.)	EPS (Rs.)	P/E (x)
TPL Plastech Ltd.	2	3.03	25.82
Pyramid Technoplast Ltd.	10	7.38	24.11
Mitsu Chem Plast Ltd.	10	5.39	21.34

 

Valuation

Metric	Value
ROE	33.22%
ROCE	22.35%
Debt/Equity	1.19
RoNW	28.49%
PAT Margin	6.50%
EBITDA Margin	12.47%

 

Evaluation of P/E Ratio

Considering the FY ended on 31 Mar 2025 with an EPS of Rs. 3.92 from the last year, the resulting P/E ratio is 16.83x (taking the upper price). When compared with the industry’s average P/E of 23.76x, it indicates an undervaluation (on a P/E ratio basis only). Hence, the price of the Share seems fairly priced for the investors.

Explore the Bhadora Industries IPO.

 

IPO's Strengths 

• Extensive network of clients.

• Provides a range of HDPE packaging options, such as bottles, barrels, jerrycans, and drums.

• Internal testing, stickering, and logistics.

• Certifications for environmental responsibility and quality.

• Senior management team and seasoned promoters.

 

 

IPO’s Weaknesses

• The company's top ten clients account for a sizable amount of its revenue. Financial and commercial performance may be significantly impacted if just one of them were lost.

• Jyoti Global Plast does not have any long-term agreements with its clients. This puts the company at risk of adverse pricing discussions or unexpected order cancellations.

• Sales and activities for the company are mostly concentrated on a few areas. 
  Performance could be disproportionately affected by any local disturbance, whether it be political, economic, or environmental.

• The business plan calls for a significant amount of operating capital. Operations may be strained by any discrepancy between payables and receivables or by trouble raising money.

• For raw materials, the business relies on a small number of suppliers. Price volatility or supply chain disruption may harm output and profitability.
  
  

Jyoti Global Plast IPO GMP (Grey Market Premium)

Jyoti Global Plast IPO GMP today is Rs. 12 as of 01 Aug 2025 at the time of writing this information. Hence, the Jyoti Global Plast IPO listing price (estimated) might be Rs. 78 (upper price + current GMP or grey market premium).

Jyoti Global Plast IPO Summary

The Jyoti Global Plast Ltd. IPO has a market maker portion size of 2,70,000 Shares (Rs. 1.78 Cr).

IPO Opening & Closing Date	04 Aug, 2025 to 06 Aug, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 62 to Rs. 66 per Share.
Lot Size	2000 Shares
Issue Size	53,70,000 Shares (Rs. 35.44 Cr)
Offer for Sale	10,50,000 Shares (Rs. 6.93 Cr)
Fresh Issue	40,50,000 Shares (Rs. 26.73 Cr)
Listing at	NSE, SME
Issue Type	Bookbuilding Issue
Registrar	MUFG Intime India Private Limited (Link Intime)

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (4000 Shares) for Rs. 2,64,000 and in multiples thereof, while for S-HNI investors, the minimum Lot is 3 (6000 Shares) for Rs. 3,96,000.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

 

IPO Reservation (% of Net Issue)

Institutional’s Portion	47.41%
Retail’s Portion	33.30%
Non-Institutional Portion	14.26%

Jyoti Global Plast IPO Allotment Status

To check the IPO Allotment Status of Jyoti Global Plast, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using Registrar’s Website- Link Intime IPO allotment status​

Using BSE Website- ​BSE IPO allotment status

Promoters And Management of Jyoti Global Plast Ltd.

• Bhawanji Khimji Shah

• Hiren Bhawanji Shah

• Deven Bhawanji Shah

• Karan Deven Shah

• Sainyum Hiren Shah.

Pre-Issue Promoter Shareholding	100%
Post-Issue Promoter Shareholding	72.91%

 

IPO Lead Managers

• Unistone Capital Pvt Ltd.

 

Dividend Policy

The company has not paid a dividend in the last three financial years.

 

 

Conclusion

A diverse plastic molding company with solid financial growth and expansion goals is presented by the Jyoti Global Plast IPO. It provides investors with a reasonable starting point thanks to its robust margins and appealing P/E ratio when compared to its listed peers. Risks like client concentration and regional dependency are to be evaluated for informed decision-making.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.