Dhaval Packaging IPO Description – Dhaval Packaging is a Gujarat-based manufacturer of plastic packaging solutions, primarily catering to food, FMCG, and industrial sectors. Incorporated in 2015, the company operates as a design-led, integrated packaging partner, translating brand requirements into scalable and production-efficient packaging formats. The company’s core business revolves around In-Mold Labeling (IML) containers, which account for over 73% of FY25 revenue, and are widely used in categories such as dairy, sweets, ice cream, bakery, and ready-to-eat foods.
IML technology embeds labels directly into the container during manufacturing, resulting in superior durability, tamper evidence, and enhanced shelf appeal—critical factors for branded consumer products. Alongside this, Dhaval Packaging manufactures pipe protection plastic caps (End Caps) for industrial applications such as oil & gas and infrastructure, contributing ~27% to revenue. The company runs three manufacturing facilities in Sanand, Gujarat, with a combined production capacity exceeding 8,000 kg per day and a network of 21 injection molding machines.
Promoters of Dhaval Packaging – Manish Nanalal Dagla, Dhaval Nanalal Dagla, Shah Aalap Dipak, Jigar Harivadan Contractor, Jigar Manubhai Shah
Dhaval Packaging IPO Details
| Dhaval Packaging IPO Dates | Coming soon |
| Dhaval Packaging Issue Price | Coming soon |
| Fresh Issue | 37,48,800 shares |
| Offer For Sale | Coming soon |
| Total IPO Size | 37,48,800 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | 99,88,000 shares |
| Face Value | INR 10 per share |
| Listing On | BSE SME |
Dhaval Packaging IPO Category Allocation
Dhaval Packaging Financial Performance
| FY 2023 | FY 2024 | FY 2025 | 9M FY 2026 | |
| Revenue | 42.94 | 47.99 | 52.26 | 51.61 |
| Expenses | 42.54 | 46.05 | 44.40 | 43.86 |
| Net Income | 0.51 | 1.55 | 6.04 | 5.86 |
| Margin (%) | 1.19 | 3.23 | 11.56 | 11.35 |
Dhaval Packaging Offer News
Dhaval Packaging Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 1.11 | 2.59 | 9.75 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Price/Sales Ratio | – | – | – |
| Current Ratio | – | – | – |
| RONW (%) | 27.97 | 46.62 | 49.80 |
| NAV | 12.76 | 20.51 | 83.41 |
| ROCE (%) | 6.27 | 12.38 | 25.28 |
| EBITDA (%) | 6.03 | 10.39 | 19.56 |
| Debt/Equity | 5.50 | 4.70 | 0.82 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Dhaval Packaging IPO Anchor Investors
Dhaval Packaging raises () from anchor investors. Dhaval Packaging Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Dhaval Packaging Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Part-finance the cost of establishing new manufacturing facility at Sanand, Ahmedabad – INR 27.19 crore
- Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company – INR 3.95 crore
- General corporate purposes
Dhaval Packaging IPO GMP Today
Dhaval Packaging IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
Dhaval Packaging IPO Allotment Status
You can check Dhaval Packaging IPO allotment status on KFin Technologies’ website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Dhaval Packaging IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Dhaval Packaging Offer Lead Manager
RAREVER FINANCIAL ADVISORS PRIVATE LIMITED
807, Iconic Shyamal, Shyamal Cross Road, 132 Ring Road,
Satellite, Manekbag, Ahmedabad, Gujarat, 380015 India
Phone: 079-4925 8260 / +91-99981 23745
Email: [email protected]
Website: www.rarever.in
Dhaval Packaging Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
DHAVAL PACKAGING LIMITED
Riverwave Off. No. 9, 8th Floor, Near Lords Pradhyuman,
Kalawad Road, Rajkot 360005, Gujarat, India
Phone: +91 9898066258
E-mail: [email protected]
Website: www.dhavalpackaging.com
IPO Resources
What is the Dhaval Packaging offer size?
Dhaval Packaging offer size is INR NA crores.
What is the Dhaval Packaging offer price band?
Dhaval Packaging public offer price is INR NA per share.
What is the lot size of the Dhaval Packaging IPO?
Dhaval Packaging offer lot size is NA shares.
What is the Dhaval Packaging IPO GMP today?
Dhaval Packaging IPO GMP today is INR NA per share.
What is the Dhaval Packaging IPO Subject to Sauda rate today?
Dhaval Packaging Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
