care@investkraft.com
+91-9599071040
+91-9797971876
Download DRHP
Latest GMP
- Lead Manager
- Rarever Financial Advisors Private Limited
- IPO Registrar
- KFin Technologies Limited
- IPO Open Date
- 30th Jul 2026
- IPO Close Date
- 3rd Aug 2026
- Allotment date
- 4th Aug 2026
- Listing date
- 6th Aug 2026
- Issue Size
- ₹ 36 Cr.
- Issue Price Band
- ₹ 92 to 97
- Lot Size
- 1200 Share
- Minimum Investment
- ₹ 232800
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About Dhaval Packaging Limited
Incorporated in 2015, Dhaval Packaging Ltd. designs, manufactures, and supplies plastic packaging solutions for both Indian and international markets. The company focuses on turning brand ideas into practical, high-quality packaging that can be easily produced at scale. It primarily serves the food and FMCG sectors, including sweets, dairy, bakery, dry fruits, and ready-to-eat products.
The company adheres to strict international standards for quality, safety, and sustainability. It holds the following certifications:
- ISO 9001:2015 (Quality Management)
- ISO 14001:2015 (Environmental Management)
- ISO 45001:2018 (Workplace Health and Safety)
- ISO/IEC 17025:2017 (Testing Laboratory)
Key Products
- IML (In-Mold Labeling) Containers
In this process, a printed label is placed inside the mold before plastic is injected, making the label an integral part of the container. This results in a strong, durable finish resistant to moisture, scratches, and chemicals. The company offers around 39 IML container SKUs and supplies many well-known Indian brands, along with exports to international customers.
- SAW Pipe Protection Plastic End Caps
Plastic end caps used to protect the ends of pipes and tubes during storage and transportation. These prevent damage, contamination, and corrosion. They are used across industries such as oil & gas, construction, infrastructure, and heavy engineering.
Competitive Strengths
- In-house IML Manufacturing with Automation
- Backward Integration
- Dual-Segment portfolio
- Experienced Promoters
- Customisation and Tooling Capability
- Long-standing Customer Relationships and Key-Account Execution
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|
Financials of Dhaval Packaging Limited
A quick overview of the key financial performance of Dhaval Packaging Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue increased by 25%, Profit after Tax (PAT) increased by 33%, Total Assets increased by 39% between FY2025 and FY2026 (Dec).
| Period Ended | FY2023 | FY2024 | FY2025 | FY2026 (Dec) |
|---|---|---|---|---|
| Revenue | 42.94 | 48.08 | 52.26 | 65.20 |
| Assets | 29.27 | 33.70 | 47.89 | 66.42 |
| Profit After Tax | 0.51 | 1.55 | 6.04 | 8.04 |
| EBITDA | 2.59 | 4.99 | 10.22 | 13.93 |
| Net Worth | 2.55 | 4.10 | 20.16 | 30.75 |
| Reserves & Surplus | 0.55 | 2.10 | 17.75 | 30.75 |
| Total Borrowings | 14.04 | 19.28 | 16.55 | 24.13 |
IPO Lot Size
Application
Lots
Shares
Amount
Individual Investors (IND) (Min)
2
2,400
₹ 2,32,800
Individual Investors (IND) (Max)
2
2,400
₹ 2,32,800
S-HNI (Min)
3
3,600
₹ 3,49,200
S-HNI (Max)
8
9,600
₹ 9,31,200
B-HNI (Min)
9
10,800
₹ 10,47,600
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 2,400 | ₹ 2,32,800 |
| Individual Investors (IND) (Max) | 2 | 2,400 | ₹ 2,32,800 |
| S-HNI (Min) | 3 | 3,600 | ₹ 3,49,200 |
| S-HNI (Max) | 8 | 9,600 | ₹ 9,31,200 |
| B-HNI (Min) | 9 | 10,800 | ₹ 10,47,600 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
| ROE (%) | 24.03 |
| ROCE (%) | 17.4 |
| Debt / Equity | 0.83 |
| RoNW (%) | 24.03 |
| PAT Margin (%) | 11.32 |
| EBITDA Margin (%) | 19.77 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
8.05
5.85
|
| P/E (x) |
12.05
16.58
|
| Promoter Holding (%) |
90.86
-
|
| Market Cap | 133.25 |
IPO Lead Manager(s)
Lead Manager Details
- Rarever Financial Advisors Private Limited
- Contact Person: Richi Shah / Prerak Thakkar
- SEBI Registration Number: INM000013217
- Investor Grievance Email: ig@rarever.in
- Website: http://www.rarever.in/
- Email: ipo.dhavalpack@rarever.in
- Phone: +91 99981 23745
- Address: 807, Iconic Shyamal, Shyamal Cross Road, 132 Ring Road, Satellite, Manekbag, Ahmedabad - 380015, Gujarat, India
IPO Registrar
- Registrar Name
- KFin Technologies Limited
- Phone
- +91 40 6716 2222
- Contact Person
- M Murali Krishna
- SEBI Registration Number
- INR000000221
- Address
- 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai - 400070, Maharashtra, India
- Website
- https://www.kfintech.com/
Company Contact Details
- Company Name
- Dhaval Packaging Limited
- cs@dhavalpackaging.com
- Phone
- +91 9898066258
- Contact Person
- Jeet Alkeshkumar Shah
- Corporate Identity Number
- U22203GJ2015PLC084963
- Address
- Plot No. E 411, GIDC, Sanand, Ahmedabad - 382110, Gujarat, India
- Website
- https://www.dhavalpackaging.com/
Dhaval Packaging Limited FAQs
