Dhaval Packaging IPO
Since its incorporation in November 2015, Dhaval Packaging has been involved in designing, manufacturing, and supplying of plastic packaging solutions for FMCG, food, and industrial sectors. The firm manufactures In-Mold Labelling (IML) food containers and SAW Pipe Protection Plastic Caps (End Caps), catering to both domestic and international markets.
IPO GMP
+₹12
+12% expected gain
Price Band
₹92 - ₹97
Lot Size
2400 shares
Min Investment
₹2,32,800
Listing Date
August 6, 2026
About Dhaval Packaging
Company overview, business, and key facts.
Since its incorporation in November 2015, Dhaval Packaging has been involved in designing, manufacturing, and supplying of plastic packaging solutions for FMCG, food, and industrial sectors. The firm manufactures In-Mold Labelling (IML) food containers and SAW Pipe Protection Plastic Caps (End Caps), catering to both domestic and international markets.
Its packaging solutions serve various industries: dairy, sweets, bakery, confectionery, frozen foods, pharmaceuticals, agro products, oil & gas, construction, infrastructure, and heavy engineering. The firm runs its 3 manufacturing facilities in Sanand, Gujarat, furnished with 21 IML injection moulding machines and one vacuum forming machine with a production capacity exceeding 8,000 kg per day. Moreover, Dhaval Packaging also exports its products to international countries, including Malaysia, Mauritius, Canada, the UAE, Qatar, and Australia.
Founded
2015
Headquarters
Ahmedabad, Gujarat
Promoters
Manish Nanalal Dagla, Dhaval Nanalal Dagla, Shah Aalpa Dipak, Jigar Harivadan Contractor, Jigar Manubhai Shah
Website
http://www.dhavalpackaging.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Review: Neutral
Risks
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Dhaval Packaging IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Revenue growth, 2026
+24.4%
14.8% a year over the period
Profit growth, 2026
+33.1%
150.7% a year over the period
Profit margin (PAT)
12.3%
EBITDA margin 21.41%
ROE / ROCE
31.58% / 22.58%
As published in the offer document
Debt to equity
0.78
Issue mix
100% fresh / 0% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹28,800
2400 shares on ₹2,32,800. GMP is unofficial.
What stands out
- Profit grew 33.1% in 2026.
- GMP has been rising over the last three readings.
Watch-outs
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: post-IPO share count (market cap and P/E not computable), published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Dhaval Packaging's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Dhaval Packaging IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Dhaval Packaging IPO is trading at a grey market premium (GMP) of +₹12 (+12% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 46.23x overall — QIB: 56.38x, NII: 55.4x, Retail: 39.6x.
Dhaval Packaging IPO subscription has closed. The shares are expected to list on August 6, 2026.
The minimum investment required is ₹2,32,800 for 2400 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Review: Neutral.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Dhaval Packaging IPO — Frequently Asked Questions
What is Dhaval Packaging IPO GMP today?
Dhaval Packaging IPO GMP (grey market premium) today is +₹12, suggesting an estimated listing gain of +12%. GMP is indicative and subject to change.
What is the price band of Dhaval Packaging IPO?
The price band for Dhaval Packaging IPO is ₹92 - ₹97 with a lot size of 2400 shares. The minimum investment required is ₹2,32,800.
When is Dhaval Packaging IPO allotment date?
Dhaval Packaging IPO allotment is expected to be finalised on August 4, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.
When will Dhaval Packaging IPO list on NSE/BSE?
Dhaval Packaging IPO is expected to list on BSE SME on August 6, 2026.
How to check Dhaval Packaging IPO allotment status?
To check Dhaval Packaging IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Dhaval Packaging IPO?
Dhaval Packaging IPO has a GMP of +₹12. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Dhaval Packaging IPO?
The lot size for Dhaval Packaging IPO is 2400 shares per lot. The minimum investment for retail investors is ₹2,32,800. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.