Jyoti Global Plast IPO is a book-built issue worth ₹35.44 crore. It includes a fresh issue of 43.20 lakh equity shares aggregating to ₹28.51 crore and an offer for sale of 10.50 lakh equity shares amounting to ₹6.93 crore. The IPO will open for subscription on August 4, 2025, and will close on August 6, 2025.
The allotment is likely to be finalised on August 7, 2025. Jyoti Global Plast is proposed to be listed on the NSE SME platform, with a tentative listing date set for August 11, 2025.
The price band for the IPO is fixed between ₹62 and ₹66 per share. Investors can apply in lots, with one lot comprising 2,000 shares. The minimum investment required by a retail investor is ₹2,48,000 for 4,000 shares. For HNIs, the minimum investment is 3 lots, i.e., 6,000 shares worth ₹3,96,000.
Unistone Capital Private Limited is acting as the book-running lead manager, and MUFG Intime India Private Limited (Link Intime) is the registrar. L F C Securities Private Limited is appointed as the market maker.
Industry Outlook
- The global plastic market is valued between USD 650 to 700 billion in 2024 and is expected to grow at a CAGR of 4 to 5%, reaching USD 850 to 900 billion by 2030. India’s plastic industry is one of the fastest growing, with rising demand across key sectors such as FMCG, agrochemicals, paints, lubricants, and food & beverages.
- Global plastic production stands at 450 to 470 million metric tons in 2024, highlighting strong demand. Industries like automotive, healthcare, packaging, and consumer goods continue to boost plastic consumption, with sustainability and innovation at the forefront.
- Supporting industries like paints (projected CAGR of 9.38%), FMCG (4.5% to 6.5% value growth), agrochemicals (USD 8.22 billion market size), and lubricants (CAGR of 4.76%) further amplify the need for plastic-based components and packaging.
Jyoti Global Plast IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Jyoti Global Plast aims to fund the new manufacturing facility at MIDC Mahad, Raigad, Maharashtra for production expansion.
- Funds will be used to meet capital expenditure needs for setting up a solar power plant for sustainable energy use.
- Some funds will be used to repay or prepay existing borrowings and improve the company’s financial position
- The remaining funds from the issue will be allocated towards general corporate purposes, helping the company strengthen its operational and financial position.
About Jyoti Global Plast Limited
Jyoti Global Plast Limited is engaged in the plastic moulding business, offering customised polymer-based packaging solutions such as High-Density Polyethylene (HDPE) and Polypropylene (PP) containers. Its product range includes drums, barrels, jerrycans, pail buckets, bottles, and toys used across industries like pharmaceuticals, chemicals, food and beverages, lubricants, adhesives, and childcare.
The company uses advanced blow moulding and injection moulding technologies to deliver high-quality, durable products tailored to client requirements. The company began commercial production in 2005 and currently operates two modern manufacturing units in Rabale, Navi Mumbai, with plans to launch a third unit in Mahad, Raigad.
With a production capacity of 7,416 metric tonnes per annum, it serves over 1,000 clients across various sectors. The company employs over 45 skilled and unskilled professionals who ensure that customer-specific needs are met through optimised and cost-effective production processes.
Its manufacturing units are equipped with the latest automation, extrusion and moulding technologies, along with in-house facilities for quality checks, labelling, and packaging. A dedicated logistics network enhances its supply chain, enabling quicker and more efficient deliveries. Daily quality inspections ensure that all products meet Indian and international standards.
Founded with a focus on plastic engineering, Jyoti Global Plast Limited has steadily expanded its operations and product offerings over two decades. In January 2025, it became a public limited company, aligning its identity with its diversified goals and broader industry presence.
How To Check the Allotment Status of Jyoti Global Plast IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for the Jyoti Global Plast IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Jyoti Global Plast IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Jyoti Global Plast IPO
Registered office: R-554/555, TTC MIDC Area Rabale, Navi Mumbai – 400 701, Maharashtra, India
Phone: +91 91521 53987
E-mail: info@jyotiglobalplast.com
Jyoti Global Plast IPO Reservation
|
Investor Category |
Shares Offered |
|
Market Maker Shares |
2,70,000 (5.03%) |
|
QIB Shares |
25,46,000 (47.41%) |
|
NII (HNI) Shares |
7,66,000 (14.26%) |
|
Retail Shares |
17,88,000 (33.30%) |
|
Total Shares |
53,70,000 (100.00%) |
Jyoti Global Plast IPO Lot Size
|
Application |
Lots |
Shares |
Amount |
|
Individual investors (Retail) (Min) |
2 |
4,000 |
₹2,48,000 |
|
Individual investors (Retail) (Max) |
2 |
4,000 |
₹2,64,000 |
|
S-HNI (Min) |
3 |
6,000 |
₹3,96,000 |
|
S-HNI (Max) |
7 |
14,000 |
₹9,24,000 |
|
B-HNI (Min) |
8 |
16,000 |
₹10,56,000 |
Jyoti Global Plast IPO Promoter Holding
The promoters of the company include Bhawanji Khimji Shah, Hiren Bhawanji Shah, Deven Bhawanji Shah, Karan Deven Shah and Sainyum Hiren Shah.
|
Share Holding Pre-Issue |
100.00% |
|
Share Holding Post Issue  |
72.91% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Jyoti Global Plast IPO Anchor Investors Details
|
Particulars |
Details |
|
Opening Date for Bidding |
August 1, 2025 |
|
Total Equity Shares Available |
15,26,000 |
|
Value of Anchor Investor Allocation (in ₹ Crores) |
₹10.07 |
|
Lock-in Period Ends for 50% of Anchor Shares (30 Days) |
September 6, 2025 |
|
Lock-in Period Ends for Remaining Anchor Shares (90 Days) |
November 5, 2025 |
Key Performance Indicators for Jyoti Global Plast IPO
|
KPI |
Value |
|
Debt/Equity  |
1.19 |
|
ROE (%) |
33.22 |
|
RoCE (%) |
22.35 |
|
RoNW (%) |
28.49 |
|
PAT Margin (%) |
6.50 |
|
EBITDA Margin (%) |
12.47 |
Jyoti Global Plast IPO Prospectus
Jyoti Global Plast IPO Registrar and Lead Managers
Jyoti Global Plast IPO Lead Managers
- Unistone Capital Private Limited
Registrar for Jyoti Global Plast IPO
MUFG Intime India Private Limited (Link Intime)
- Contact Number: +91-22-4918 6270
- Email Address: ipo@in.mpms.mufg.com
Jyoti Global Plast IPO Registrar
Financial Performance of Jyoti Global Plast Limited
| Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 |
|---|---|---|
| Revenue from Operation (in ₹ lakh) | 9,348.49 | 8725.10 |
| Profit After Tax (in ₹ lakh) | 608.06 | 361.53 |
| Earnings per share (in ₹) | 3.92 | 2.33 |
| Total Borrowings (in lakh) | 2531.22 | 2,894.95 |
| Return on Equity Ratio | 0.33 | 0.27 |
| Return on capital employed (RoCE) (%) | 22.35 | 15.92 |
| EBITDA (in ₹ lakh) | 1,165.61 | 775.00 |
Know before investing
Strengths
8The company serves over 1,000 clients with 400+ repeat customers across industries.
Offers 50+ packaging products ranging from 250ml to 250 litres.
In-house logistics with 6 company trucks ensures timely and efficient delivery.
ISO 9001:2015 certified, UN-approved, and fully EPR-compliant manufacturing units.
Advanced testing lab conducts drop, leak, compression, and environmental tests regularly.
Expanding into drone parts and auto components with approved client purchase orders.
Investing in solar power to cut costs and boost sustainability long-term.
Upcoming third unit at Mahad to expand production and customer reach.
Risks
8Top 10 customers contribute 23–26%, showing high client concentration risk.
No long-term supplier deals; raw material issues can disrupt operations.
Plastic bans may hurt sales if regulations tighten across India or globally.
Power, water, or fuel shortages can halt factory operations and raise costs.
97–99% revenue depends on Maharashtra, Gujarat — geographic concentration is risky.
All factories are in Maharashtra, making operations vulnerable to local disruptions.
Delays in ESIC and EPF payments may lead to regulatory penalties.
Leased offices/facilities risk disruption if lease terms change or end unexpectedly.
Jyoti Global Plast Limited Peer Comparison
| Company Name | EPS (Basic) | NAV (per share) (₹) | P/E (x) | RoNW (%) |
|---|---|---|---|---|
| Jyoti Global Plast Limited | 3.92 | 13.77 | - | 28.49 |
| TPL Plastech | 3.03 | 18.96 | 25.82 | 15.98 |
| Pyramid Technoplast | 7.38 | 68.99 | 24.11 | 10.70 |
| Mitsu Chem Plast | 5.39 | 72.09 | 21.34 | 7.48 |
