Dhaval Packaging
LISTEDIPO Date: 30 Jul - 3 Aug 2026
Listing Date: 6 Aug 2026
Price Range
₹92 to ₹97
Issue Size
36 Cr
Min Investment
₹2,20,800
2 lots minimum (SEBI rule for SME)
Min Application
2400 Shares
1200 per lot × 2
Schedule of Dhaval Packaging
Issue open date
30 Jul 2026
Issue close date
3 Aug 2026
UPI mandate deadline
3 Aug 2026 (5 PM)
Allotment finalization
4 Aug 2026
Share credit
5 Aug 2026
Listing date
6 Aug 2026
Mandate end date
18 Aug 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 36 Cr |
| Fresh Issue | 0.37 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 4 Aug 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 6 Aug 2026Latest | ₹97 | ₹12 | ₹109(+12.37%) |
| 5 Aug 2026 | ₹97 | ₹12 | ₹109(+12.37%) |
| 4 Aug 2026 | ₹97 | ₹10 | ₹107(+10.31%) |
| 3 Aug 2026 | ₹97 | ₹8 | ₹105(+8.25%) |
| 2 Aug 2026 | ₹97 | ₹11 | ₹108(+11.34%) |
| 1 Aug 2026 | ₹97 | ₹11 | ₹108(+11.34%) |
| 31 Jul 2026 | ₹97 | ₹12 | ₹109(+12.37%) |
| 30 Jul 2026 | ₹97 | ₹15 | ₹112(+15.46%) |
| 29 Jul 2026 | ₹97 | ₹12 | ₹109(+12.37%) |
| 28 Jul 2026 | ₹97 | ₹8 | ₹105(+8.25%) |
| 27 Jul 2026 | ₹97 | ₹0 | ₹97(0%) |
| 26 Jul 2026 | ₹97 | ₹0 | ₹97(0%) |
| 25 Jul 2026 | ₹97 | ₹0 | ₹97(0%) |
| 24 Jul 2026 | ₹97 | ₹0 | ₹97(0%) |
Performance Dhaval Packaging
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹92 to ₹97 | .... | ₹ 113.5 | 17.01% |
About Dhaval Packaging
Dhaval Packaging Limited is an Indian manufacturer of specialised plastic packaging solutions catering to domestic and international markets. The company primarily manufactures In-Mold Labelling (IML) containers, which serve as its principal revenue driver, supplying food-grade, tamper-evident packaging to customers in the dairy, sweets, ice cream, bakery, and FMCG sectors. It also produces Submerged Arc Welded (SAW) pipe protection plastic caps for industries such as oil & gas, construction, and infrastructure. With a focus on innovation, automation, and customised packaging solutions, the company positions itself as a reliable packaging partner that enhances product protection, shelf appeal, and operational efficiency for its customers.
| Founded in | 2015 |
| Managing director | Manishbhai Nanalal Dagla |
| Parent organization |
Financial Overview
Strengths
4- 1
• Strong presence in the high-growth IML food packaging segment with long-standing relationships with leading FMCG and dairy brands.
- 2
• Diversified product portfolio spanning food packaging and industrial pipe protection caps, reducing dependence on a single end market.
- 3
• Advanced manufacturing facilities equipped with automated robotic systems, enabling high-volume production and consistent product quality.
- 4
• Established domestic and export footprint, supplying customers across India as well as multiple international markets.
Risks
4- 1
• Significant dependence on the food and FMCG packaging business, particularly IML containers, for the majority of revenue.
- 2
• Profitability is exposed to fluctuations in prices of plastic resins and other petrochemical-based raw materials.
- 3
• Customer concentration risk due to reliance on a limited number of large institutional clients.
- 4
• Intense competition from organised and regional plastic packaging manufacturers may exert pressure on pricing and margins.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.05 |
| Non-Institutional Investors (NIIs) | 1.43 |
| Retail Individual Investors (RIIs) | 1.7 |
| Employee | 0.22 |
| Total | 1.4 |