Jyoti Global Plast IPO opens today with healthy GMP buzz. Check details

Synopsis

Jyoti Global Plast's IPO is set to open. The IPO combines fresh shares and an offer-for-sale. Early sentiment shows a premium in the grey market. The company raised funds from anchor investors. Jyoti Global Plast specializes in plastic molding. They supply to various sectors. The company has shown growth in profit and revenue.

The Rs 35.44 crore IPO of Jyoti Global Plast will open for subscription on Monday offering investors a chance to tap into a growing player in the plastic molding industry.

The issue, which combines a fresh offering of 43.2 lakh shares and an offer-for-sale of 10.5 lakh shares, is drawing attention in the grey market with a 20% premium, suggesting strong early sentiment.

The IPO is priced in the range of Rs 62–66 per share, and the minimum lot size is 4,000 shares for retail investors. The issue will close on Wednesday and the tentative listing is scheduled for Monday on the NSE SME platform.

Unistone Capital is acting as the lead manager, with Link Intime as the registrar and LFC Securities as the market maker. The company raised Rs 10.07 crore from anchor investors ahead of the IPO.

Based in Mumbai, Jyoti Global Plast is a specialist in plastic molding, offering custom solutions across a range of products like HDPE containers, drums, barrels, automotive parts, toys, and drone components.

The company supplies to over 1,000 clients across sectors including pharmaceuticals, chemicals, lubricants, food and beverage, and childcare. It operates from two manufacturing units in Maharashtra and is setting up a third facility in Raigad to scale operations.

Financially, the company has shown steady growth with a 68% jump in profit after tax to Rs 6.08 crore in FY25, on revenue of Rs 93.8 crore.

With a diversified client base, integrated logistics, and green energy investments, Jyoti Global Plast is positioning itself as a versatile player in sustainable plastic packaging and custom molding.

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