Platinum Industries is a company that produces products in the specialty chemicals industry, with a strong emphasis on creating stabilizers. The company’s product range includes PVC stabilizers, CPVC additives, and lubricants that serve sectors, like PVC pipes, cables SPC floor tiles, packaging materials, and other industries.
Platinum Industries not only manufactures stabilizers but also creates CPVC additives and lubricants that improve the characteristics and effectiveness of CPVC materials. Their items are designed for a range of uses that demand heat resistance, chemical resistance, and longevity.
Platinum Industries prioritizes innovation and excellence investing in research and development to maintain an edge. The company runs production plants and an internal research facility, with laboratory equipment. Moreover, it has partnered with a respected scientist to improve its range of products further.
Platinum Industries is a player, in the specialty chemicals sector particularly known for its substantial market share in PVC stabilizers. Despite the industry’s ups and downs, the company has shown results boasting notable increases in revenue and profits. To keep up with changing market demands Platinum Industries has shifted from using lead-based PVC stabilizers to options such as calcium zinc-based stabilizers in line, with the safety and environmental standards.
Platinum Industries IPO Complete Details:
Platinum Industries IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Platinum Industries is Around 105 Rs.
Objects Of Issue:
1. Investment in its subsidiary, Platinum Stabilizers Egypt LLC, to finance its capital expenditure needs for establishing a manufacturing facility for PVC Stabilizers in the SC Zone, Governorate of Suez, Egypt.
2. Financing the company’s capital expenditure requirements for establishing a manufacturing facility for PVC Stabilizers in Palghar, Maharashtra, India.
3. Provision of funds for meeting the working capital requirements of the company.
4. Utilization of funds for general corporate purposes.
Promoters:
- KRISHNA DUSHYANT RANA
- PARUL KRISHNA RANA
FAQs:
When Platinum Industries IPO is Opening?
Platinum Industries IPO is Opening on 27 February 2024.
When is the Platinum Industries IPO Closing?
Platinum Industries IPO is Closing on 29 February 2024.
What is the Issue Size of the Platinum Industries IPO?
The IPO Issue Size of Platinum Industries is 235.32 Crore.
Price Band of Platinum Industries IPO?
The price Band of Platinum Industries IPO is 162 to 171 rupees per share.
What is the minimum investment for a Platinum Industries IPO?
The minimum investment for the Platinum Industries IPO is 14,877 Rupees.
Allotment Date of Platinum Industries IPO?
The Allotment of Platinum Industries IPO is on 01 March 2024.
Listing Date of Platinum Industries IPO?
The Listing Of Platinum Industries is Scheduled on 05 March 2024.
One Should Apply for Platinum Industries IPO or Not?
Will Update Soon..
How to apply for Platinum Industries IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Platinum Industries IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Platinum Industries IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Platinum Industries IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Platinum Industries IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Platinum Industries IPO from the list ——–> Click on Platinum Industries IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Platinum Industries?
Unistone Capital Private Limited is the Lead Manager of Platinum Industries.
Where To Check the Allotment of Platinum Industries IPO?
The allotment status for the Platinum Industries IPO will be accessible on the Bigshare Services Private Limited website.
Platinum Industries IPO is going to be listed at?
Platinum Industries IPO is going to be listed at NSE & BSE.
What is the Lot Size of the Platinum Industries IPO?
The lot size of the Platinum Industries IPO is 87 Shares.
What is the P/E Ratio of the Platinum Industries?
The P/E Ratio of the Platinum Industries is 18.73.
What is the EPS of the Platinum Industries?
The EPS of the Platinum Industries is 9.13.
What is the ROE of the Platinum Industries?
The ROE of Platinum Industries is 90.02%.
What is the ROCE of the Platinum Industries?
The ROCE of the Platinum Industries is 56.85%.
