Jyoti Global Plast IPO

About Jyoti Global Plast IPO

The offer consists of both a fresh issue and an offer for sale component. The fresh issue will include up to 43,20,000 equity shares of face value of ₹10 each. The offer for sale portion includes up to 10,50,000 equity shares of face value of ₹10 each. The total number of shares and aggregate amount are yet to be finalised.

The IPO opens on Aug 04, 2025 and closes on Aug 06, 2025. The listing date is on Aug 11, 2025. The date of allotment is Aug 7, 2025. The credit of shares to the demat account will take place on Aug 8, 2025. The initiation of refunds will take place on Aug 8, 2025.

Jyoti Global Plast Limited provides a range of HDPE and HDPP packaging solutions for various industries, producing drums, jerrycans, barrels, bottles, and pail buckets. Their packaging solutions cover capacities from 250ml to 250 litres, supporting small-scale and bulk storage and transportation requirements. Their products serve sectors such as chemicals, pharmaceuticals, food and beverages, agrochemicals, and lubricants. In addition to packaging, they also produce toys (and their components), automobile components, connectors, and drone components to support different market needs. Their focus is on delivering functional and industry-specific solutions through plastic moulding technologies.

Objectives of Jyoti Global Plast IPO

• Part-finance the cost of establishing a new manufacturing facility to expand their production capabilities at Plot No. D61/2, MIDC, Mahad, District Raigad – 402309, Maharashtra, India (“Proposed New Facility”).
  
• Funding of capital expenditure requirements of the company towards the set-up of a Solar Power Plant.
  
• Repayment and/or prepayment, in part or full, of certain borrowings availed by the Company.
  
• General corporate purposes.
  

Industry Outlook

The global blow-moulded plastics market size was estimated at USD 8,004 crores in 2023 and is expected to grow at a CAGR of 7.0% from 2024 to 2030. The market growth is driven by trends shifting towards replacing glass and metal and increasing investments in the construction industry.

Blow-moulded plastics are widely used for different applications, such as concrete forms of all shapes and sizes, panels, barricades, and traffic markers in the building and construction industry. Industries such as construction, packaging, and automotive are the primary industries propelling the demand for blow-moulded plastic products and services.

The India blow-moulded plastics market generated revenue of USD 909.26 crores in 2023 and is expected to reach USD 1,421.72 crores by 2030. The India market is expected to grow at a CAGR of 6.6% from 2024 to 2030.

Company Information

Jyoti Global Plast Limited is engaged in the business of plastic and FRP (Fibre-Reinforced Polymer) moulding, providing custom solutions based on client-specific requirements for polymer-based products (HDPE-PP grade) such as drums, carboys, jerrycans, barrels, pail buckets, toys, automobile parts, etc., and FRP-based products such as drone components and connectors. Their products are used in industries such as pharmaceutical, chemical, food and beverage, lube and industrial oil, adhesives, childcare, automotive, defence and aerospace, etc.

They closely collaborate with their clients to understand their unique requirements, optimising the manufacturing process to meet their individual needs, offering superior quality and cost-effective solutions. With a commitment to delivering value, their products are crafted using cutting-edge moulding technologies. They leverage advanced blow moulding and injection moulding technologies to produce a wide range of packaging and non-packaging products, including HDPE drums, barrels, jerrycans, bottles, toys, etc., and automobile components and defence and aerospace products such as drone components and connectors.

Their manufacturing units are equipped with the latest technology, advanced automation, and an integrated conveyor system, boasting superior in-house facilities for extrusion, blow moulding and injection moulding processes, cooling and solidification, quality inspection, and product labelling and packaging, ensuring that the highest standards of quality, precision, performance and cost-effectiveness are met across all their products. Additionally, their in-house logistics network enhances the supply chain, enabling faster deliveries and more cost-effective operations.

Strengths of Jyoti Global Plast IPO

• Extensive client network.
  
• Diverse product portfolio.
  
• In-house logistics, testing, and stickering.
  
• Certifications for quality and environmental responsibility.
  
• Experienced promoters and senior management team.
  

Risks of Jyoti Global Plast IPO

• Any adverse developments affecting their operations in Maharashtra and Gujarat where the majority of their product sales are concentrated.
  
• Difficulties in obtaining the necessary quality and quantity of raw materials in a timely manner and at fair prices, or failure to secure them altogether.
  
• Banning of any plastic packaging products manufactured by them in India or in any of the markets where they export their products.
  
• Any shortage or disruption in electricity, water, or fuel supply.
  
• Any localised social unrest, natural disaster, service disruption, or other unforeseen events in or around Maharashtra that could lead to production interruptions or shutdowns at their facilities.
  

Source: All the financial information for listed industry peers mentioned above is on a consolidated basis (If applicable) sourced from the Annual Reports of the peer company uploaded on the BSE website for the year ended March 31, 2025.

Notes:

1. P/E Ratio has been computed based on the closing market price of equity shares on the BSE website on June 23, 2025 divided by the Diluted EPS for the period ended March 31, 2025.
2. RoNW is computed as net profit after tax divided by the net worth.
3. NAV is computed asthe closing net worth divided by the closing outstanding number of equity shares

Anchor Investor Bidding Date: 01 August 2025

*The Company in consultation with the Book Running Lead Manager, consider participation by Anchor Investors in accordance with the SEBI ICDR Regulations. The Anchor Investor Bid/ Offer Period shall be one Working Day prior to the Bid/Offer Opening Date.

Registrar: MUFG Intime India Private Limited Book Running Lead Managers: Unistone Capital Private Limited

Business Model

The company earns its revenue by providing custom solutions based on client-specific requirements for polymer-based products (HDPE-PP grade) such as drums, carboys, jerrycans, barrels, pail buckets, toys, automobile parts, etc., and FRP-based products, such as drone components and connectors.

Company Growth Trajectory

The company's revenue from operations in the financial year 2024-25 amounted to ₹93.48 crores. This represents an increase of ₹6.23 crores, or 7.14%, compared to the previous financial year's revenue from operations of ₹87.25 crores. The increase in revenue compared to the previous financial year is primarily attributable to higher sales of plastic jerrycans and bottles, pail buckets, other products, and toys. This was partially offset by a decline in sales of Blow Moulded Plastic Carboys. Other income in the financial year 2024-25 decreased by ₹0.40 crores, reaching ₹0.31 crores compared to ₹0.71 crores in the financial year 2023-24.

The Profit After Tax (PAT) for the financial year 2024-25 reached ₹6.08 crores. In the financial year 2024-25, PAT constituted 6.48% of the total revenue, in contrast to 4.11% in the financial year 2023-24.

Company Market Position

Presently, the company operates two strategically located state-of-the-art manufacturing in Rabale, Navi Mumbai. It is proposed to start its manufacturing unit III at Mahad, Raigad. The company started commercial production in the year 2005, and its current combined production capacity is 7,416 MT p.a.

It is 100% made in India and operates with a dedicated team of over 45 skilled as well as unskilled personnel, serving more than 1000 clients.

As of 31st March, 2025, their Total Income, Profit After Tax, and EBITDA were ₹93.798 crores, ₹8.042 crores, and ₹11.656 crores, respectively.

How to check allotment status of Jyoti Global Plast IPO?

1. Visit the Registrar's Website To check the IPO allotment status for Jyoti Global Plast Limited IPO, visit the official website of MUFG Intime India Private Limited, the registrar for this IPO. On their IPO allotment status page, enter your Permanent Account Number (PAN), application number, or Demat account ID. Then, click the ‘Submit’ button to view your allotment status. Ensure you have the necessary details ready for a quick and accurate check.

2. Check on the Bombay Stock Exchange Website The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to www.bseindia.com and find the 'Investors' tab. Under 'Investors', click on 'IPO'. This will take you to the IPO allotment status page.

On the BSE IPO page, follow these steps

• Select 'Equity' from the dropdown menu
• Choose 'Jyoti Global Plast Limited' in the next dropdown
• Enter your application number
• Enter your PAN
• Click 'Search'

Your Jyoti Global Plast Limited IPO allotment status will be displayed.

3. Verify on the National Stock Exchange Website The National Stock Exchange (NSE) has an IPO Bid Verification module. Use this to check Jyoti Global Plast Limited IPO allotment status.

Go to www.nseindia.com and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'.

On the NSE IPO Bid Verification page, enter:

• Application number
• PAN

Then click 'Submit'. Your Jyoti Global Plast Limited IPO bid and allotment details will be displayed.

How to apply for Jyoti Global Plast IPO?

• Step 1: Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.