Jyoti Global Plast Ltd IPO: Exciting SME IPO with Rs 35 Crore Size, Strong Growth Potential in 2025

Published On: 03/08/20253.7 min read

Jyoti Global Plast Ltd is launching a compelling SME IPO in August 2025 with an issue size of approximately Rs 35 crore and a price band set between Rs 62 to Rs 66 per share, this upcoming offering is attracting investor interest due to its strong financial growth and business potential. The IPO opens on August 4, 2025 and closes on August 6, with listing scheduled on August 10-11, 2025, on the NSE platform.

Company Overview

Founded as a player in the plastics and fiber-reinforced polymer (FRP) molding industry, Jyoti Global Plast Ltd specializes in manufacturing plastic solutions for industrial clients. The company operates with a business model focusing on custom polymer products, serving a wide range of sectors. With revenues approaching Rs 94 crore as of FY2025 along with a 68% year-on-year net profit growth, the company has demonstrated robust operational performance.

Key Details:

  • Industry: Plastic and FRP molding
  • Revenue (FY2025): Rs 93.79 crore
  • EBITDA: Rs 11.65 crore (EBITDA margin 12.47%)
  • ROE (FY2025): 33.22%
  • ROCE (FY2025): 22.35%
  • Asset base: Rs 56.81 crore

IPO Details

  • Type: SME IPO
  • Issue Size: Rs 35.44 crore (fresh issue of 53.70 lakh shares)
  • Price Band: Rs 62 to Rs 66 per share
  • Lot Size: 2,000 shares
  • Listing Exchange: NSE EMERGE
  • Open Date: August 4, 2025
  • Close Date: August 6, 2025
  • Listing Date: August 10-11, 2025
  • Grey Market Premium (GMP): Strong premium signals currently around Rs 4-5 per share

IPO Objectives

The primary objectives for the Jyoti Global Plast Ltd IPO proceeds include:

  • Part financing the cost of establishing a new manufacturing unit at MIDC Mahad to expand production capabilities.
  • Setting up a solar power plant to enhance energy efficiency and sustainability.
  • Repayment of outstanding loans to reduce financial leverage.
  • General corporate purposes.

Pre-IPO Placements

The company allocated anchor investor shares totaling 15.3 lakh shares, approximately 28.49% of the issue size. Market makers have been allotted roughly 2.7 lakh shares (5.03%), and non-institutional investors around 7.65 lakh shares (14.25%).

Financial Highlights

Financial Metric FY2023 FY2024 FY2025 (Est.)
Revenue (Rs crore) ~68* ~80* 93.79
Net Profit (Rs crore) ~3.6* ~4* 6.0
EBITDA (Rs crore) 11.65
ROE (%) 33.22
ROCE (%) 22.35

*Estimates based on trend analysis where exact data unavailable.

Peer Comparison

Compared with industry peers in the SME plastic and polymer sector, Jyoti Global Plast Ltd displays competitive metrics with a solid ROE of 33.22% and a growing revenue base. Although lower in market capitalization due to SME status, valuation and growth prospects align well within its segment.

Strengths

  • Strong revenue growth and profitability in a niche polymer manufacturing domain.
  • Clear business expansion plans backed by IPO proceeds.
  • Robust return on equity indicating efficient management of shareholder funds.
  • Good visibility on future demand with planned new manufacturing unit.

Risks

  • Market risks linked to cyclicality in manufacturing and plastics sectors.
  • SME segment IPOs typically exhibit lower liquidity and higher volatility post-listing.
  • Execution risk related to timely project completion of manufacturing and solar power units.

Expert Verdict

The Jyoti Global Plast Ltd IPO offers investors a promising opportunity to gain exposure in the SME plastics manufacturing sector with a modest issue size and reasonable pricing. The company’s strong financials, combined with strategically planned IPO objectives, provide a positive investment outlook, although investors should weigh SME market risks and listing liquidity carefully.

Subscription Status

The IPO subscription opened on August 4, 2025, with investor interests picked up steadily during the initial days. Anchor investors have shown strong commitment with around 28.49% allocation. Retail and institutional investor subscription data indicates moderate to strong demand.

Allotment & Listing Timeline

  • Refund Initiation: August 8, 2025
  • Share Credit to Demat: August 8, 2025
  • Listing Date: August 10-11, 2025
  • Mandate End Date: August 21, 2025
  • Lock-in End Date for Anchor Investors (50% lock-in): To be confirmed

FAQs

  1. What is the minimum investment for Jyoti Global Plast Ltd IPO? The minimum investment is Rs 1,32,000 based on a lot size of 2,000 shares at the upper price band.
  2. When does the Jyoti Global Plast Ltd IPO open and close? It opens on August 4, 2025, and closes on August 6, 2025.
  3. Where will the IPO be listed? The shares will be listed on the NSE EMERGE platform.
  4. What are the main objectives of the IPO? Funding new manufacturing unit, solar plant, debt repayment, and corporate purposes.
  5. How to check IPO allotment status? Visit the registrar’s official website or SEBI IPO allotment portal after the refund date.

How to Apply

Investors interested in Jyoti Global Plast Ltd IPO can apply through the following methods:

  • Online via your trading account on NSE’s IPO portal or popular brokerage platforms like Zerodha, Upstox, and others.
  • Through ASBA facility in your bank’s internet banking portal.

Explore other upcoming IPOs and detailed IPO analysis on NextIPOIndia.com to stay updated with latest market opportunities.

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