Dhaval Packaging IPO

Upcoming SME
Min Investment
₹2,32,800
2400 Shares
Min Investment
₹2,32,800 · 2400 Shares
Open Jul 30
Close Aug 03
Allotment Aug 04
Refund Aug 05
Listing Aug 06

Market Sentiment

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IPO Details

Issue Price₹92-97 per equity share
Face Value₹10 Per Equity Share
Lot Size 2400 shares (Min ₹2,32,800)
Total Issue Size ₹36.36 crore
Fresh Share₹36.36 crore
Issue TypeBook build Issue
Lead ManagerRarever Financial Advisors Pvt. Ltd.
RegistrarKfin Technologies Ltd.
Listing atBSE

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,400 ₹2,32,800
Retail Maximum 2 2,400 ₹2,32,800
S-HNI Minimum 3 3,600 ₹3,49,200
S-HNI Maximum 8 9,600 ₹9,31,200
B-HNI Minimum 9 10,800 ₹10,47,600
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB6,87,60050.00%
NII (HNI)5,17,20015.00%
bNII > ₹10L3,44,80010.00%
sNII < ₹10L1,72,4005.00%
Retail12,04,80035.00%
Anchor10,30,80029.96%
Total34,40,400

bNII / sNII split estimated from the NII reservation using the standard 2:1 (big:small) ratio; the exact sub-split was not separately disclosed for this issue.

Return Estimator (GMP*)

Category Investment Expected Profit
Retail Minimum ₹2,32,800 +₹0
Retail Maximum ₹2,32,800 +₹0
S-HNI Minimum ₹3,49,200 +₹0
S-HNI Maximum ₹9,31,200 +₹0
B-HNI Minimum ₹10,47,600 +₹0
GMP (Rumour*) +₹0
Exp. Listing ₹97
Return +0.0%
Estimates based on unofficial GMP data. Actual listing price may differ significantly.

Financial Analysis

Financial Data
EPS (Pre)
Rs 8.08
ROE
31.58%
ROCE
22.58%
RoNW
31.58%
EBITDA Margin
21.41%
Debt/Equity
0.78
NAV/Share
Rs 30.78
Revenue Growth
24.36%
Profit Margin
12.33%
Financial Performance
Metric 2023 2024 2025 2026
Revenue 43.14 48.08 52.43 65.20
Expense 42.54 46.05 44.40 54.48
Profit (PAT) 0.51 1.55 6.04 8.04
Total Assets 29.27 33.70 47.89 66.42
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: Manish Nanalal Dagla, Dhaval Nanalal Dagla, Shah Aalpa Dipak, Jigar Harivadan Contractor, and Jigar Manubhai Shah

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 99,88,000 90.86%

Strengths & Risks

Strengths
  • Revenue grew 24% in the latest reported year.
  • Solid profit margin — 12.3%.
  • Strong return on equity — 32%.
Risks & Concerns

Risk signals for Dhaval Packaging will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Dhaval Packaging

Since its incorporation in November 2015, Dhaval Packaging has been involved in designing, manufacturing, and supplying of plastic packaging solutions for FMCG, food, and industrial sectors. The firm manufactures In-Mold Labelling (IML) food containers and SAW Pipe Protection Plastic Caps (End Caps), catering to both domestic and international markets. Its packaging solutions serve various industries: dairy, sweets, bakery, confectionery, frozen foods, pharmaceuticals, agro products, oil & gas, construction, infrastructure, and heavy engineering. The firm runs its 3 manufacturing facilities in Sanand, Gujarat, furnished with 21 IML injection moulding machines and one vacuum forming machine with a production capacity exceeding 8,000 kg per day. Moreover, Dhaval Packaging also exports its products to international countries, including Malaysia, Mauritius, Canada, the UAE, Qatar, and Australia.

Objects of the Issue
Purpose Amount (Cr)
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”) 27.19
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company 3.95
General corporate purposes -

Resources & Documents

Anchor Investors
Anchor Bidding Date
July 29, 2026
Shares Offered to Anchors
10,30,800
Company Contact Information

Dhaval Packaging Ltd., Plot No. E 411, GIDC,, Sanand, Ahmedabad, Gujarat, 382110

Dhaval Packaging IPO — Quick Take

Dhaval Packaging has set a price band of Rs 92–Rs 97 per share for an issue size of Rs 36 crore. The SME issue is scheduled to open for subscription on July 30, 2026 — 4 days from now.

Since its incorporation in November 2015, Dhaval Packaging has been involved in designing, manufacturing, and supplying of plastic packaging solutions for FMCG, food, and industrial sectors. The firm manufactures In-Mold Labelling (IML) food containers and SAW Pipe Protection Plastic Caps (End Caps), catering to both domestic and international markets.

The issue is promoted by Manish Nanalal Dagla, Dhaval Nanalal Dagla, Shah Aalpa Dipak, Jigar Harivadan Contractor, and Jigar Manubhai Shah with Rarever Financial Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estat… (Rs 27 crore) and Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company (Rs 4 crore).

On fundamentals, the company is posting revenue growth of 24.4%, a profit margin of 12.3%, return on equity of 31.6% in its most recent reported period. Listed peers in this segment include Mold-Tek Packaging Limited (P/E 31.38x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

The price band of Dhaval Packaging IPO is Rs 92 to Rs 97 per share. Face value is Rs 10 per share.

The total issue size of Dhaval Packaging IPO is Rs 36 crore, comprising fresh issue of Rs 36 crore.

Retail investors must apply for a minimum of 1 lot of 2400 shares, requiring an investment of Rs 2,32,800.

Dhaval Packaging IPO opens for subscription on July 30, 2026 and closes on August 03, 2026. Anchor investor bidding is scheduled for July 29, 2026.

The expected allotment date for Dhaval Packaging IPO is August 04, 2026. Refunds for unsuccessful applicants are expected on August 05, 2026.

Dhaval Packaging IPO is scheduled to list on August 06, 2026 on BSE.

The registrar for Dhaval Packaging IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Dhaval Packaging IPO are Rarever Financial Advisors Pvt. Ltd..

The promoter(s) of Dhaval Packaging are Manish Nanalal Dagla, Dhaval Nanalal Dagla, Shah Aalpa Dipak, Jigar Harivadan Contractor, and Jigar Manubhai Shah.

You can apply for Dhaval Packaging SME IPO online before 03 Aug 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 2,32,800 for 1 lot of 2,400 shares. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for Dhaval Packaging in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 2,400 shares) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized within 3 working days of the close date. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

Dhaval Packaging IPO GMP — What It Means

No active grey market premium has been recorded for Dhaval Packaging IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full Dhaval Packaging GMP history and trend, or learn how grey market premium works and how reliable it is.

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