The details about the Platinum Industries Limited IPO is as:
- The issue size of the IPO is 216.05 Cr.
- The price band for Platinum Industries Limited IPO is Rs 150 to Rs 157.
- The shares of Platinum Industries Limited IPO will list on 5th March 2024.
- The latest tentative GMP of Platinum Industries Limited IPO is Rs 100.
- The shares of Platinum Industries Limited IPO is subscribed 39.84 Times as of 1:21 pm, 29th February 2024.
Platinum Industries Limited IPO Valuation
The approx valuation of Platinum Industries Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 157 |
| Existing Shares (Qty) |
4.11 Cr |
| Fresh Issue |
216.05 Cr |
| Market Cap |
861.32 Cr |
| EPS (FY23) |
Rs 9.42 |
| PE Ratio |
16.67 |
| Industry PE |
23.38x |
Platinum Industries Limited IPO Issue Size
Platinum Industries Limited IPO issue size is 216.05 Cr.
| Issue |
Amount |
| Fresh Issue |
216.05 Cr |
| Offer For Sale |
0 Cr |
Platinum Industries Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 87 shares and a maximum of 13 lots of 1131 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
87 |
14,877 |
| Maximum |
13 |
1131 |
1,93,401 |
Platinum Industries Limited IPO share offer
The shares of Platinum Industries Limited IPO is subscribed 39.84 Times as of 1:21 pm, 29th February 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
5.48 Times |
| Non-Institutional |
Minimum 15% |
88.88 Times |
| Retail Individual |
Minimum 35% |
38.45 Times |
| Total |
|
39.84 Times |
Find below the dates for Platinum Industries Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
1 March 2024 |
| Refunds |
4 March 2024 |
| Credit to Demat Account |
4 March 2024 |
| IPO Listing Date |
5 March 2024 |
Check allotment status