Dhaval Packaging IPO
Dhaval Packaging IPO Details
-
Open Date
30 Jul 2026
-
Close Date
03 Aug 2026
- IPO Price Range
₹ 92 to ₹97
- IPO Size
₹ 36.36 Cr
Dhaval Packaging IPO Timeline
Dhaval Packaging IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 30-July-2026 | 0.00 | 1.03 | 0.57 | 0.49 |
| 31-July-2026 | 1.05 | 0.92 | 1.06 | 0.99 |
Last Updated: 03 August 2026 6:19 PM by 5paisa
Dhaval Packaging Limited designs, manufactures, and supplies plastic packaging solutions for the food, FMCG, and industrial sectors. The company specialises in In-Mould Labelling (IML) food containers and SAW pipe protection plastic end caps, serving domestic and international markets. Operating three manufacturing facilities in Gujarat, it benefits from automated production, backward integration, and in-house tooling capabilities. Its customised packaging solutions are exported to countries including Malaysia, Canada, the UAE, Qatar, Mauritius, and Australia.
Established in: 2015
Managing Director: Mr. Manish Nanalal Dagla
Peers:
Mold-Tek Packaging Limited
Dhaval Packaging Objectives
1. Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”)
2. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
3. General corporate purposes
Dhaval Packaging IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹36.36 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹36.36 Cr |
Dhaval Packaging IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,20,800 |
| Retail (Max) | 2 | 2,400 | ₹2,32,800 |
| S - HNI (Min) | 3 | 3,600 | ₹3,31,000 |
| S - HNI (Max) | 8 | 9,600 | ₹8,83,200 |
| B - HNI (Max) | 9 | 10,800 | ₹9,93,600 |
| Employee (Min) | 2 | 2,400 | ₹2,20,800 |
| Employee (Max) | 4 | 4,800 | ₹4,65,600 |
Dhaval Packaging IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.05 | 6,87,600 | 7,20,000 | 6.984 |
| Non-Institutional Buyers | 0.92 | 5,17,200 | 4,74,000 | 4.598 |
| bNII | 0.92 | 3,44,400 | 3,18,000 | 3.085 |
| sNII | 0.90 | 1,72,800 | 1,56,000 | 1.513 |
| Individual Investors (IND category bidding for 2 Lots) | 1.06 | 12,04,800 | 12,81,600 | 12.432 |
| Total** | 0.99 | 25,29,600 | 24,92,400 | 24.176 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 47.99 | 52.26 | 65.03 |
| EBITDA | 4.99 | 10.22 | 13.93 |
| PAT | 1.55 | 6.04 | 8.04 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 33.70 | 47.89 | 66.42 |
| Share Capital | 2.00 | 2.41 | 9.99 |
| Total Liabilities | 33.70 | 47.89 | 66.42 |
| Cash Flows (₹ Crores) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 0.66 | 4.35 | 6.74 |
| Net Cash Generated From / (used in) Investing Activities | -4.02 | -10.28 | -14.05 |
| Net Cash Generated From / (used in) Financing Activities | 4.29 | 5.88 | 8.39 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.92 | -0.05 | 1.08 |
Strengths
1. Integrated in-house IML manufacturing ensures consistent product quality.
2. Diversified customer base across multiple industrial sectors.
3. Strong export presence across several international markets.
4. Automated production supports efficient, scalable manufacturing operations.
Weaknesses
1. Heavy dependence on plastic packaging industry demand.
2. Manufacturing concentrated within a single geographic region.
3. Export business exposed to global market fluctuations.
4. Limited product portfolio beyond core packaging solutions.
Opportunities
1. Rising demand for premium food packaging solutions.
2. Expanding exports into emerging international packaging markets.
3. Increasing FMCG and dairy sector packaging requirements.
4.Growing industrial infrastructure supports protective packaging demand.
Threats
1. Volatile raw material prices affecting operating margins.
2. Intense competition from organised packaging manufacturers.
3. Stricter environmental regulations on plastic packaging products.
4. Global economic slowdown impacting export market demand.
1. Integrated manufacturing enhances quality, efficiency and cost competitiveness.
2. Diverse end-user industries reduce customer concentration risks.
3. Established export footprint supports long-term revenue growth potential.
4. Automated facilities enable scalable production and operational efficiency.
India's plastic packaging industry is expanding steadily, supported by rising consumption in food, FMCG, pharmaceuticals, dairy, and industrial sectors. Growing demand for durable, hygienic, and customised packaging is driving the adoption of advanced solutions such as In-Mould Labelling (IML). Increasing exports, expanding manufacturing activity, and infrastructure development are further creating opportunities for specialised packaging manufacturers. Companies with integrated production capabilities, automation, and strong customer relationships are well positioned to benefit from these long-term growth trends.
- Companies
- Type
- Opening On
-
Ardee Industries
- Mainboard
- 05th Aug
- Pre-Book
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
Dhaval Packaging IPO opens from July 28, 2026 to July 30, 2026.
The size of Dhaval Packaging IPO is ₹36.36 Cr.
The price band of Dhaval Packaging IPO is fixed at ₹92 to ₹97 per share.
To apply for Dhaval Packaging IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Dhaval Packaging. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Dhaval Packaging IPO is of 2,400 shares and the investment required is ₹2,20,800.
The share allotment date of Dhaval Packaging IPO is July 31,2026
The Dhaval Packaging IPO will likely be listed on August 4, 2026.
Rarever Financial Advisors Pvt.Ltd is the book running lead managers for Dhaval Packaging IPO.
Dhaval Packaging IPO plans to utilise the raised capital from the IPO for:
1. Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”)
2. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
3. General corporate purposes