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Platinum Industries IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 235.32 Cr. The company is based in Mumbai and caters to Chemical sector. Unistone Capital is the merchant banker of Platinum Industries IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th July 2023.
Platinum Industries IPO open date is 27th February 2024 and close date is 29th February 2024. IPO Allotment Date is 1st March 2024 and Listing date is 5th March 2024.
IPO
Size:
₹ 235.32 Cr.
Avg IPO Size (Sector Based)
: ₹
595.38 cr.
Sector: Chemical
IPO so far:
39
Merchant Banker:
Unistone Capital
IPO by BRLM so far:
13
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹
247.46
cr. 
PE
Ratio:
0.00x
Average Sector PE Ratio: 23.14x
Platinum Industries IPO size is ₹ 235.32 Cr. with IPO price of ₹ 171.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Unistone Capital Private Limited is the book-running lead manager of the Platinum Industries IPO. Bigshare Services Private Limited is the Registrar for Platinum Industries IPO.
Platinum Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Platinum Industries IPO, based in Mumbai, operates in the Chemical sector with a focus on PVC stabilizers and lubricants with multi-products. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Platinum Industries IPO size is ₹ 235.32 Cr. with fresh issue size of ₹ 235.32 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Platinum Industries IPO is expected to be 1st March 2024, after the finalization of basis of allotment. Investors can check Platinum Industries IPO allotment status on the registrars website, Bigshare Services Private Limited . Platinum Industries IPO refund dates are 4th March 2024.
Platinum Industries IPO is expected to be listed on 5th March 2024.
The upper price band for the Platinum Industries IPO is set at ₹ 171.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Platinum Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Platinum Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th February 2024. After submission, funds are blocked until the basis of allotment of Platinum Industries IPO is finalised.
The merchant banker for Platinum Industries IPO is Unistone Capital Private Limited . Unistone Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Platinum Industries IPO RHP for further details.
The registrar for Platinum Industries IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Platinum Industries IPO through their official website or helpline.
Platinum Industries IPO was subscribed 98.99 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 235.32 Cr.
Avg IPO Size (Sector Based)
:
₹ 595.38 Cr.
Sector: Chemical
IPO so far:
39
Merchant Banker:
Unistone Capital
IPO by BRLM so far:
13
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹ 245.64 cr.
PE
Ratio:
0.00x
Average Sector PE Ratio: 23.14x
Platinum Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Platinum Industries Financial Review Page
Merchant Banker(s) of Platinum Industries IPO: Unistone Capital Private Limited
Platinum Industries IPO subscription was 98.99 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Platinum Industries IPO listed at a listing price of 220.90 against the offer price of 171.00.
The current market price of Platinum Industries is 284.10.
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