Dhaval Packaging Ltd IPO

Dhaval Packaging Ltd IPO

Our Company, Dhaval Packaging Limited, was incorporated as a private limited company on November 02, 2015 at Sanand, Gujarat and was subsequently converted into a public limited company on October 08, 2025. Our Registered office is situated at Plot No. E 411, GIDC, Sanand, Ahmedabad, Sanand, Gujarat, India - 382110. We design, manufacture, and supply plastic packaging solutions for domestic and international markets. Our core philosophy is to translate brand intent into manufacturable and scalable packaging solutions for food and FMCG categories such as sweets, dairy, dry fruits, bakery and other related items. We position ourselves as a solutions partner that aligns design, materials, labelling, and tooling with production realities so that packaging enhances shelf presence, protects product integrity, and supports reliable throughput on customer lines.

Dhaval Packaging Ltd IPO Details

Total Shares Offered

₹ 37,48,800

Offer to Public

TBA

Retail Max (Shares)

₹ 12,04,800

Pre Issue Promoters Holding

₹ 90,75,000

Exchange

BSE

Issue size

₹ 36.36 Cr

IPO Open Date

Jul 30, 2026

Close Date

Aug 3, 2026

Lot Size

2400

Min Investment

₹ 2,20,800

Issue Type

Book Building - SME

Listing Date

Aug 6, 2026

Dhaval Packaging Ltd IPO Dates

check-icon
Jul 30, 2026
Opening date
check-icon
Aug 3, 2026
Closing date
check-icon
Aug 4, 2026
Basis of Allotment
check-icon
Aug 5, 2026
Initiation of Refunds
check-icon
Aug 5, 2026
Credit of Shares
check-icon
Aug 6, 2026
Listing date

Details

SectorType
SectorPackaging
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Dhaval Packaging Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations12.258.974.12
EBITDA13.789.916.21
PAT8.046.041.55
Total Assets26.3421.4217.33
Share Capital9.992.422.00
Total Borrowings24.4313.948.03
Operating Activities (Net Cash)9.576.983.64
Investing Activities (Net Cash)-9.47-3.24-1.21
Financing Activities (Net Cash)24.4313.948.03
Net Cashflow3.011.931.99

About Dhaval Packaging Ltd

Our Company was incorporated on November 02, 2015 as `Dhaval Packaging Private Limited, a private limited company under the p rovisions of the Companies Act, 2013, pursuant to a certificate of incorporation issued by the Assistant Registrar of Companies, Gujarat, at Ahmedabad. Subsequently, our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in their meeting held on August 14, 2025 and by our Shareholders in an Annual General Meeting held on September 08, 2025 and consequently the name of our Company was changed to `Dhaval Packaging Limited' and a fresh certificate of incorporation dated October 08, 2025, consequent upon conversion to public company was issued by the Central Processing Centre on behalf of the jurisdictional Registrar of Companies. The corporate identification number of our Company was U25202GJ2015PLC084963. Subsequently, the Object Clause of the Memorandum of Association of our Company was amended pursuant to a resolution passed by our Board of Directors in their meeting held on September 24, 2025, and by our Shareholders in an Extraordinary General Meeting held on October 08, 2025. Consequent to such alteration, a fresh certificate of incorporation dated October 22, 2025, reflecting the change in the Object Clause, was issued by the Registrar of Companies, Central Processing Centre, on behalf of the jurisdictional Registrar of Companies. The Corporate Identification Number (CIN) of our Company has been changed to U22203GJ2015PLC084963.

India emerged as one of the fastest growth economies amongst the leading advanced economies and emerging economies. In CY 2024, even amidst geopolitical uncertainties, particularly those affecting global energy and commodity markets, India continues to remain one of the fastest growing economies in the world and is expected to grow by 6.2% in CY 2025 and 6.3% in 2026. The Indian plastic packaging sector is a vital and rapidly expanding segment of the country's broader packaging industry, driven by increasing demand from FMCG, pharmaceuticals, food and beverage. This sector plays a key role in supporting India's growing consumption of packaged goods, especially among the rising middle class and urban population. The adoption of modern retail formats, expansion of online shopping, and demand for longer shelf-life products have significantly accelerated plastic packaging usage. Additionally, the sector has seen technological advancements such as in-mold labelling, multi-layered films, and biodegradable plastic packaging solutions. These are food-grade, tamper-evident packaging containers across types and sizes for use, suitable for categories such as sweets, dairy products, ice cream, ready-to-eat foods, bakery, confectionery, pharmaceuticals, agro food products and frozen foods. India's plastic packaging ecosystem witnessed significant activity in FY 2024, with a total of 7,88,027 tonnes of plastic packaging placed on the market by all IPP (Importers, Producers, and Packers) brands. This reflects the growing scale of packaged goods consumption across sectors such as FMCG, food and beverage, and pharmaceuticals. India's plastic packaging industry is set for strong growth, driven by key sectors like food processing, pharmaceuticals and FMCG. The food & beverage market is expanding due to rising consumer demand, urbanization, and advancements in food technology, with a focus on ready-to-eat, eco-friendly, and smart packaging solutions. Healthcare growth is increasing demand for pharmaceutical packaging, while the FMCG sector drives need for innovative, sustainable packaging formats. India's packaged food sector is expected to double by FY 2029, supported by urbanization, higher incomes, and consumer trust in food safety, ensuring a robust future for the packaging industry. SAW pipe protection plastic caps serve as critical components in safeguarding pipes during handling, transportation, and storage. Designed to prevent contamination, corrosion, mechanical damage, and ingress of foreign materials, these caps are extensively used across various sectors where pipes are a core infrastructure component. The demand for pipe protection caps is intrinsically linked to the demand for pipes themselves, and thus mirrors activity and investment across major industries such as construction, oil & gas, water and wastewater treatment, material handling & storage, and general manufacturing. In the SAW pipe protection plastic caps segment, competition is shaped by speed of delivery, product customization (size, thread type, material), and resistance properties. Clients in sectors such as construction, oil & gas, and water infrastructu re value suppliers that can offer caps with robust mechanical strength, UV stability, and precise fitting to prevent contamination and damage during logistics. As a result, the demand for SAW pipe protection plastic caps in manufacturing is increasing steadily. Manufacturers and suppliers see these as low-cost but high-impact accessories that ensure component safety and reduce rejection rates. The rise in precision engineering and just-in-time manufacturing further supports consistent usage of pipe caps in the industrial value chain.

Our Company, Dhaval Packaging Limited, was incorporated as a private limited company on November 02, 2015 at Sanand, Gujarat and was subsequently converted into a public limited company on October 08, 2025. Our Registered office is situated at Plot No. E 411, GIDC, Sanand, Ahmedabad, Sanand, Gujarat, India - 382110. We design, manufacture, and supply plastic packaging solutions for domestic and international markets. Our core philosophy is to translate brand intent into manufacturable and scalable packaging solutions for food and FMCG categories such as sweets, dairy, dry fruits, bakery and other related items. We position ourselves as a solutions partner that aligns design, materials, labelling, and tooling with production realities so that packaging enhances shelf presence, protects product integrity, and supports reliable throughput on customer lines.

Peer Comparison:

  • Mold-Tek Packaging Limited

Dhaval Packaging Ltd Key Points

Strengths

Long standing relationships with a diversified customer base.

Business Model focused on customized solutions and strong customer relationships.

Experienced Promoters and management team.

Risk

The company depends on a limited number of suppliers for its raw material requirements of the company's business. Further, the company does not have definitive agreements or fixed terms of trade with most of its suppliers. Failures to successfully leverage the company's relationships with existing suppliers or to identify new suppliers could adversely affect its business operations.

Any disruptions to the supply, or increases in the pricing, of the raw materials and finished products that the company procure, may adversely affect the supply and pricing of its products and, in turn, adversely affect the company's business, cash flows, financial condition and results of operations.

The company revenues are significantly dependent on certain geographical regions, and any adverse developments in these regions could adversely impact its business, financial condition and results of operations.

Strategy

Focused marketing campaign targeting food and FMCG brands that use sticker-labelled containers.

Expand our Ice-Cream containers portfolio with new molds and formats.

Introduce a new product line: Tin containers for liquid food packaging.

Target export growth in dairy, dates, and ice-cream.

How To Apply for Dhaval Packaging Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Dhaval Packaging Ltd IPO?

close
Dhaval Packaging Ltd's IPO offers shares for up to 36.36 It begins on Jul 30, 2026 and ends on Aug 3, 2026.

What is the price of the Dhaval Packaging Ltd IPO?

close
The price of Dhaval Packaging Ltd IPO ranges between ₹92 to ₹97 per share.

What are the open and close dates for the Dhaval Packaging Ltd IPO?

close
The Dhaval Packaging Ltd IPO opens on Jul 30, 2026 and closes on Aug 3, 2026.

When will the Dhaval Packaging Ltd IPO be allotted?

close
The allotment for the Dhaval Packaging Ltd IPO will be finalised on Aug 4, 2026. The shares will be listed on BSE and NSE on Aug 6, 2026.

What is the minimum lot size required for Dhaval Packaging Ltd IPO?

close
The minimum lot size for Dhaval Packaging Ltd IPO is 2400 shares, priced between ₹92 to ₹97 per share.

What is the GMP of Dhaval Packaging Ltd IPO?

close
The GMP (Grey Market Premium) of Dhaval Packaging Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Dhaval Packaging Ltd IPO?

close
To check the allotment status of Dhaval Packaging Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Dhaval Packaging Ltd IPO getting listed?

close
The Dhaval Packaging Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 30, 2026, and closes on Aug 3, 2026. The allotment is finalised on Aug 4, 2026.

How do you apply for the Dhaval Packaging Ltd IPO?

close
To apply for the Dhaval Packaging Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions