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PLATINDEQ / NSE, BSEListed
Platinum Industries

Founded in August 2016, Platinum Industries Limited specializes in manufacturing stabilizers, including PVC stabilizers, CPVC additives, and lubricants, catering to industries such as PVC pipes, electrical wires, SPC floor tiles, and packaging materials. The company operates a state-of-the-art manufacturing facility in Palghar, Maharashtra, covering over 21,000 square feet. Over the six-year period from 2018 to 2023, Platinum Industries has demonstrated remarkable growth, with revenue from operations increasing at a CAGR of 42.11%, reaching ₹2,340.56 crore in 2023. By July 2023, the company expanded its distribution network to twelve centers across India. As of May 31, 2023, its production unit employs 71 staff members and 17 workers, reinforcing its commitment to innovation and industry leadership.

₹162 - ₹17198.99x sub
Listed Price₹225.00
Listing Gain+31.58%

IPO Schedule & Timeline

Book Built Issue IPO
Open27 Feb 2024
Close29 Feb 2024
Allotment01 Mar 2024
Listing05 Mar 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail48,16,494 shares
35%
Nii(hni)20,64,249 shares
15%
QIB27,52,245 shares
20%

Minimum Application Lots

Retail1 Lot (87 shares)
₹14,877
sHNI14 Lots (1,218 shares)
₹2,08,278
bHNI68 Lots (5,916 shares)
₹10,11,636

Company Promoters

Krishna Dushyant RanaParul Krishna Rana

Company Background

Founded in August 2016, Platinum Industries Limited specializes in manufacturing stabilizers, including PVC stabilizers, CPVC additives, and lubricants, catering to industries such as PVC pipes, electrical wires, SPC floor tiles, and packaging materials. The company operates a state-of-the-art manufacturing facility in Palghar, Maharashtra, covering over 21,...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-23)₹232.56 Cr
Growth+159.8%
Revenue Trend (₹ in Crores)
0.089.1178.3267.4Mar-21Mar-22Mar-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-23232.5637.58121.1717.43
Mar-22189.2417.7584.4824.24
Mar-2189.534.8232.263.26

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
20239.4290.02%56.85%11.1318.73
20224.41132.39%52.51%00
20211.24138.63%74.28%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
01 Mar 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
05 Mar 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Platinum Industries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Mar 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date05 Mar 2024Trading commences on exchange

How to Check Platinum Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Platinum Industries from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Platinum Industries IPO

Complete issue overview for Platinum Industries (PLATIND) IPO. The issue features an equity share price band of ₹162 – ₹171 per share with a minimum retail lot size of 87 Shares (minimum application amount of ₹14,877). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions