Jyoti Global Plast IPO 2025: GMP, Date, Price, Review, Allotment Details
The Jyoti Global Plast IPO, an SME IPO from Navi Mumbai-based Jyoti Global Plast Limited, aims to raise funds through a fresh issue of 48 lakh equity shares and an offer for sale (OFS) of 11.75 lakh equity shares, totaling 59.75 lakh shares. Opening on August 4, 2025, with a price band yet to be announced, this IPO offers investors an opportunity to invest in a leading manufacturer of plastic molding solutions for packaging and toys. This article provides a comprehensive overview of the Jyoti Global Plast IPO, including grey market premium (GMP), subscription status, allotment details, financial performance, and expert review to guide investors.
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Jyoti Global Plast IPO Details
The Jyoti Global Plast IPO is a book-built issue comprising a fresh issue of 48 lakh equity shares and an OFS of 11.75 lakh equity shares by promoters, including Bhawanji Khimji Shah (3 lakh shares), with each share having a face value of ₹10. Below are the key details based on the Draft Red Herring Prospectus (DRHP) and recent updates:
| Particulars | Details |
|---|---|
| IPO Opening Date | August 4, 2025 |
| IPO Closing Date | August 6, 2025 |
| Allotment Date | August 7, 2025 |
| Listing Date | August 11, 2025 |
| Face Value | ₹10 per share |
| Price Band | To be announced |
| Lot Size | To be announced |
| Issue Size | 59.75 lakh shares (₹[.] crores, to be announced) |
| Fresh Issue | 48 lakh shares (₹[.] crores, to be announced) |
| Offer for Sale | 11.75 lakh shares (₹[.] crores, to be announced) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Book Running Lead Manager | Unistone Capital Private Limited |
| Registrar | MUFG Intime India Private Limited (Link Intime) |
The IPO allocates 50% to Qualified Institutional Buyers (QIBs), 15% to High Net-Worth Individuals (HNIs), and 35% to Retail Individual Investors (RIIs). The minimum investment for retail investors will be confirmed once the lot size and price band are announced.
Jyoti Global Plast IPO Subscription Status
The subscription status for the Jyoti Global Plast IPO will be updated daily during the subscription period from August 4 to August 6, 2025. Investors can track live subscription data on the NSE or the registrar’s portal (Link Intime).
| Category | Subscription (Times) |
|---|---|
| QIB | To be updated |
| NII (HNI) | To be updated |
| Retail | To be updated |
| Total | To be updated |
Note: Subscription data will be available during the IPO subscription period (August 4–6, 2025).
Jyoti Global Plast IPO Allotment Status
The allotment for the Jyoti Global Plast IPO is expected to be finalized on August 7, 2025. Investors can check their allotment status on the registrar’s website (Link Intime) or the NSE website using their application number, PAN, or DP Client ID. Shares will be credited to demat accounts by August 8, 2025, and refunds will be processed for non-allotted applications.
Steps to Check Allotment Status:
- Visit the Link Intime website (https://linkintime.co.in/Initial_Offer/public-issues.html).
- Select “Jyoti Global Plast IPO” from the dropdown menu.
- Enter your Application Number, PAN, or DP Client ID.
- Click “Search” to view your allotment status.
Note: Allotment status will be available after finalization on August 7, 2025.
Jyoti Global Plast IPO Grey Market Premium (GMP) Today
The Grey Market Premium (GMP) reflects the premium at which IPO shares trade in the unofficial market before listing. As of July 23, 2025, the GMP for the Jyoti Global Plast IPO is not available, as grey market activity has not yet started. Investors should monitor updates closer to the IPO opening on August 4, 2025, for GMP trends.
| Date | GMP (₹) | Estimated Listing Price (₹) |
|---|---|---|
| July 23, 2025 | Not Available | Not Available |
| July 22, 2025 | Not Available | Not Available |
| July 21, 2025 | Not Available | Not Available |
| July 20, 2025 | Not Available | Not Available |
Disclaimer: GMP is unofficial and volatile. Base investment decisions on company fundamentals, not just GMP.
Jyoti Global Plast IPO Kostak Rates Today
The Kostak rate is the premium an investor earns by selling their IPO application in the grey market before allotment. As of July 23, 2025, the Kostak rate for the Jyoti Global Plast IPO is not available due to the absence of grey market activity. Check with grey market dealers for updates closer to the IPO opening.
| Date | Kostak Rate (₹) |
|---|---|
| July 23, 2025 | Not Available |
Jyoti Global Plast IPO Subject to Sauda Rates
The Subject to Sauda rate is the amount agreed for an IPO application, payable only if allotted. As of July 23, 2025, the Subject to Sauda rate for the Jyoti Global Plast IPO is not available, as grey market trading has not commenced.
| Date | Subject to Sauda (₹) |
|---|---|
| July 23, 2025 | Not Available |
Note: Kostak and Subject to Sauda rates are unofficial and may fluctuate as grey market activity begins.
About Jyoti Global Plast Limited
Incorporated in January 2004 as Jyoti Polycontainers and rebranded as Jyoti Global Plast Limited in 2022, the company is a leading manufacturer of plastic molding solutions based in Navi Mumbai, Maharashtra. Operating two manufacturing units in Rabale, Navi Mumbai, with a combined installed capacity of 7,416 metric tonnes per annum, it specializes in custom-engineered blow-molded and injection-molded products, including HDPE-PP drums, jerrycans, barrels (250ml to 250L), pails, bottles, and toys. The company serves industries such as pharmaceuticals, chemicals, food & beverage, oil, adhesives, and childcare, and also produces FRP-based drone components and connectors. A third manufacturing unit is proposed at Mahad, Raigad, Maharashtra. The promoters are Bhawanji Khimji Shah, Hiren Bhawanji Shah, Deven Bhawanji Shah, Karan Deven Shah, and Sainyum Hiren Shah, holding 99.92% of the pre-offer equity.
Jyoti Global Plast IPO Objectives
The net proceeds from the fresh issue will be used for:
- Part-financing a new manufacturing facility at Plot No. D-61/2, MIDC, Mahad, Raigad, Maharashtra, to expand production capabilities.
- Funding capital expenditure for a solar power plant.
- Repayment or prepayment of certain borrowings.
- General corporate purposes.
The OFS proceeds will go to the selling promoters.
Jyoti Global Plast Financials
Jyoti Global Plast has shown stable revenue and improved profitability. Below is a summary of its financial performance:
| Particulars | FY24 (₹ Crores) | FY23 (₹ Crores) | Growth (%) |
|---|---|---|---|
| Revenue | 87.96 | 89.35 | -1.56% |
| EBITDA | Not Available | Not Available | Not Available |
| PAT | 3.62 | 2.32 | 56.03% |
The company’s slight revenue decline of 1.56% is offset by a 56.03% PAT growth, reflecting improved operational efficiency.
Jyoti Global Plast IPO Strengths
- Strong Product Portfolio: Offers a diverse range of HDPE-PP products (drums, jerrycans, barrels, toys) and FRP-based drone components, catering to multiple industries.
- Established Operations: Two manufacturing units in Navi Mumbai with a 7,416 MT annual capacity, serving pharmaceuticals, chemicals, and food & beverage sectors.
- Promoter Experience: Backed by a promoter family with decades of experience, holding 99.92% pre-offer equity, ensuring commitment.
- Expansion Plans: New manufacturing facility in Mahad and solar power plant investment enhance scalability and sustainability.
- Profit Growth: 56.03% PAT growth from FY23 to FY24, indicating operational efficiency.
Jyoti Global Plast IPO Risks
- Revenue Decline: 1.56% drop in revenue from FY23 to FY24, raising concerns about demand or pricing pressures.
- SME IPO Volatility: Smaller issue size and SME status may lead to price fluctuations post-listing.
- No GMP Activity: Absence of grey market data as of July 23, 2025, limits visibility on listing gains.
- Price Band Uncertainty: Unannounced price band and lot size may affect investor planning.
- Industry Competition: Faces competition in the fragmented plastic molding sector, which could impact margins.
Jyoti Global Plast IPO Review
The Jyoti Global Plast IPO offers exposure to a niche player in the plastic molding industry, with a diverse product portfolio catering to pharmaceuticals, chemicals, and childcare sectors. The company’s 56.03% PAT growth from FY23 to FY24 and plans for a new manufacturing facility in Mahad, Raigad, signal growth potential. X posts confirm strong investor interest, with the IPO opening on August 4, 2025, and a total issue size of 59.75 lakh shares, including a 48 lakh share fresh issue and 11.75 lakh share OFS. The company’s two existing units in Navi Mumbai (7,416 MT capacity) and focus on sustainability through a solar power plant add appeal. However, risks include a 1.56% revenue decline, competition in the plastic molding sector, and SME IPO volatility. The absence of GMP data as of July 23, 2025, and unannounced price band/lot size add uncertainty. The SME IPO market has seen mixed performance, with 22 of 51 recent IPOs listing in the red but an average 12.54% listing return. The plastic packaging industry’s growth, driven by demand in pharmaceuticals and food & beverage, supports long-term potential. Investors should await pricing details and monitor GMP trends closer to the opening date. Long-term investors may find this IPO attractive due to profit growth and expansion plans, but short-term investors should exercise caution due to volatility and limited GMP visibility.
Recommendation: Suitable for long-term investors with moderate risk tolerance, but consult a financial advisor due to SME IPO risks and revenue concerns.
How to Apply for Jyoti Global Plast IPO
Investors can apply through ASBA (Applications Supported by Blocked Amount) or UPI via their bank or brokers like Zerodha, Upstox, or 5Paisa.
Steps to Apply:
- Log in to your demat account or broker’s platform (e.g., Zerodha Console).
- Navigate to the IPO section and select “Jyoti Global Plast IPO.”
- Enter the number of lots and price (to be announced).
- Provide your UPI ID or bank details for payment.
- Submit the application and approve the UPI mandate.
Check your broker’s IPO application process for detailed instructions.
Jyoti Global Plast IPO FAQs
When does the Jyoti Global Plast IPO open and close?
The IPO opens on August 4, 2025, and closes on August 6, 2025.
What is the price band of the Jyoti Global Plast IPO?
The price band is yet to be announced.
What is the minimum investment for retail investors?
The minimum investment will be confirmed once the lot size and price band are announced.
How can I check the Jyoti Global Plast IPO allotment status?
Visit the Link Intime website (https://linkintime.co.in/Initial_Offer/public-issues.html), select “Jyoti Global Plast IPO,” and enter your PAN, application number, or DP Client ID.
What is the GMP of the Jyoti Global Plast IPO today?
As of July 23, 2025, the GMP is not available, as grey market activity has not started.
Where will the Jyoti Global Plast IPO be listed?
The IPO will be listed on the NSE SME on August 11, 2025.
Also Read: Laxmi India Finance IPO 2025: GMP, Date, Price, Review, Allotment Details
