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Sanjay Bambhaniya · Jul 24, 2026

Dhaval Packaging SME IPO Details 2026

SME Book Build Upcoming
Packaging & Disposables
BSE SME
Price Band
₹92 - ₹97
Issue Size
₹36.36 Cr
Lot Size
2400
Min. Investment
₹2,32,800
SIP CalcCompare
IPO Timeline
DRHP FILED March 16, 2026
OPEN July 30, 2026
CLOSE August 3, 2026
ALLOTMENT August 4, 2026
LISTING August 6, 2026
IPO DETAILS REVIEW GMP SUBSCRIPTION ALLOTMENT STATUS

Dhaval Packaging

Company overview & key insights

The Dhaval Packaging Ltd. IPO size is ₹36.36 crore, including a fresh issue of ₹36.36 crore and an offer for sale of ₹- crore. It is a Book Build issue. The IPO issue opens on July 30, 2026 and closes on August 3, 2026. The share allotment is expected on August 4, 2026, and the listing date is August 6, 2026. Dhaval Packaging Ltd. is based in Ahmedabad and operates in the Packaging & Disposables sector. It filed its DRHP on March 16, 2026 and will list its shares on BSE SME. Kfin Technologies Ltd. is the registrar, while Rarever Financial Advisors Pvt.Ltd. serves as the merchant banker for the offer.

Dhaval Packaging Ltd manufactures specialized plastic packaging solutions for food and industrial sectors.

Dhaval ipo image

IPO Highlights

Key details & important dates

IPO Details

Total Issues ₹36.36 Cr
Fresh Issue ₹36.36 Cr
Offer for Sale -
IPO Price Band ₹92 - ₹97
Face Value ₹10 per share
Lot Size 2400
Listed On BSE SME

IPO Dates

DRHP Filed March 16, 2026
Issue Open July 30, 2026
Issue Close August 3, 2026
Allotment Date August 4, 2026
Refunds Initiation August 5, 2026
Credit of Shares August 5, 2026
Listing Date August 6, 2026

Stay up-to-date with all IPO details. Do not miss any deadlines & avoid missed investment opportunities.

How to Apply

IPO Issue Structure

Reservation & Lot Size Details

The company has reserved shares for various investor categories. The Retail Shares reservation is 35% (12,46,140 shares), and QIB has 50% (17,80,200 shares). Further, the minimum lot size is 2,400 shares. The anchor investor reservation is –% (– shares), and the market maker reservation is –% (1,88,400 shares).

IPO Reservation

QIB 17,80,200 (50%)
Anchor Investor –
QIB (Ex. Anchor) –
NII (HNI) 5,34,060 (15%)
bNII > ₹10L –
sNII < ₹10L –
Retail 12,46,140 (35%)
Employee –
Shareholder –
Market Maker 1,88,400 (approx. ₹1.83)
Total 37,48,800 (100%)

IPO Lot Size

Retail (Min)
2 | 2,400 Shares
₹2,32,800
Small Investor Quota
Retail (Max)
2 | 2,400 Shares
₹2,32,800
Retail Investment Limit
S-HNI (Min)
3 | 3,600 Shares
₹3,49,200
Small HNI (₹2L – ₹10L)
S-HNI (Max)
8 | 9,600 Shares
₹9,31,200
Small HNI (Up to ₹10 L)
B-HNI (Min)
9 | 10,800 Shares
₹10,47,600
Big HNI (Above ₹10L)
Zerodha Apply Now Upstox Apply Now Angel One Apply Now

Tip: Determine your investment budget and your exact allotment chances based on your investor category.

Investment Guide

IPO Documents & GMP

Prospectus & Grey Market Premium

On March 16, 2026 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

DRHP Document Draft Red Herring Prospectus
RHP Document Red Herring Prospectus

IPO GMP

Live

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares.

Track live GMP Today

Financial Performance (₹ in Cr)

Period Ended31 Dec 2531 Mar 202531 Mar 202431 Mar 2023
Total Income51.7352.4348.0843.14
Profit After Tax5.866.041.550.51
EBITDA10.2010.224.992.59
Net Worth28.5620.164.102.55
Assets64.6947.8933.7029.27
Total Debt23.6616.5519.2814.04

Key Performance Indicator

Particulars31-Dec-25FY25FY24FY23
EBITDA Margin (%)19.7719.8410.546.45
PAT Margin (%)11.3411.563.231.16
EPS (₹)5.8929.257.763.34
ROE (%)20.4829.9637.8019.61
ROCE (%)17.4025.2812.386.27
ROA (%)9.0412.614.601.71
Debt to Equity (x)0.830.824.705.50
RoNW (%)24.0331.58––
Price to Book Value–3.16––

IPO Financial Snapshot

Objectives & Key Metrics

IPO Objectives

Establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”) ₹27.19 Cr.
Outstanding secured borrowings ₹3.95 Cr.
Total Fund Requirement ₹31.14 Cr.

IPO Key Metrics

Pre IPO EPS
6.05
Earnings Per Share
Post IPO EPS
5.68
Earnings Per Share
Pre IPO P/E
16.03
Price to Earnings
Post IPO P/E
17.08
Price to Earnings
Market Capitalization ₹133.25 Cr.
Insight: IPO objectives and KPIs provide measurable data to track the company’s real growth.
IPO KPIs

Dhaval Packaging Company Details

Company Profile · Overview

Dhaval Packaging Ltd. started its business in 2015. The company operates in the Packaging & Disposables sector. It manufactures plastic packaging solutions for the food and FMCG market. Its main office is in Ahmedabad. It serves many customers every year. The firm employs several workers in various departments. The company holds several quality certificates for its operations including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

Main Offerings

IML (In-Mold Labeling) Containers
SAW Pipe Protection Plastic End Caps

Key Strengths

In-house IML manufacturing with automation
Dual-segment product portfolio
Long-standing customer relationships
Company Address: Plot No. E 411, GIDC, Sanand, Ahmedabad, Gujarat, 382110 You can contact the company via call or email. +91 9898066258 / cs@dhavalpackaging.com
Intermediaries
Registrar
Kfin Technologies Ltd.
040-79615565
dhavalpack.ipo@kfintech.com

Frequently Asked Questions

5 FAQs
What is Dhaval Packaging Ltd. IPO?

Dhaval Packaging Ltd. IPO is an SME book-building issue of 37,48,800 equity shares amounting to ₹36.36 crores. The issue contains only a fresh issue of shares.

When will Dhaval Packaging Ltd. IPO open and close?

The subscription opens on July 30, 2026. The subscription closes on August 3, 2026.

What is the price band for Dhaval Packaging Ltd. IPO?

The price band is set from ₹92 to ₹97 per equity share.

Who is the registrar for Dhaval Packaging Ltd. IPO?

Kfin Technologies Ltd. handles the registrar responsibilities for this issue.

Where will the shares of Dhaval Packaging Ltd. list?

The company will list its shares on BSE SME.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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