Jyoti Global Plast Limited IPO to Raise Rs 35.44 Crore; Subscription Opens on 4 August

Jyoti Global Plast Limited plans to raise up to Rs 35.44 crore through its SME Initial Public Offering (IPO), opening for subscription on 4 August 2025 and closing on 6 August 2025. The issue comprises 53.70 lakh equity shares, including a fresh issue of 43.20 lakh shares (including market maker) and an offer for sale of 10.50 lakh shares. The company has fixed a price band of Rs 62 to Rs 66 per share, with a minimum application lot size of 4,000 shares, translating to a minimum investment of Rs 2.64 lakh at the upper band. Post-issue, the shares will be listed on NSE’s SME platform, NSE Emerge.

Proceeds from the IPO will be allocated to fund a new manufacturing facility at MIDC Mahad, a solar power plant, loan repayment and general corporate purposes. Unistone Capital Private Limited is the Book Running Lead Manager for the issue.

Established in January 2004, Jyoti Global Plast specialises in polymer-based packaging solutions such as HDPE and PP drums, barrels, carboys, jerrycans and toys. The company serves industries including pharmaceuticals, chemicals, food and beverages, lubricants, adhesives and childcare. It has recently entered the defence and aerospace segment, securing an order book exceeding Rs 20 crore and expanding into drone and anti-drone systems. Advisors with over 20 years of experience in the defence and aerospace sector have joined the company. 

Financially, Jyoti Global Plast reported revenue from operations of Rs 93.48 crore and net profit of Rs 6.08 crore for FY25. The company achieved an EBITDA of Rs 11.65 crore with an EBITDA margin of 12.47 per cent and year-on-year net profit growth of 68 per cent. As of March 2025, reserves and surplus stood at Rs 5.84 crore, total assets were valued at Rs 56.81 crore, with a Return on Equity (ROE) of 33.22 per cent and Return on Capital Employed (ROCE) of 22.35 per cent. The company operates two manufacturing units in Mumbai, Maharashtra, serving over 1,000 clients across multiple industries.

IPO Details

• Issue Opens: 4 August 2025

• Issue Closes: 6 August 2025

• Price Band: Rs 62 – 66 per share

• Issue Size: 53.70 lakh shares (fresh issue: 40.50 lakh; offer for sale: 10.50 lakh)

• Minimum Lot Size: 4,000 shares

• Listing: NSE Emerge

Disclaimer: The article is for informational purposes only and not investment advice.