Dhaval Packaging Ltd. IPO

Min Investment
₹ 1,16,400 / 1200 shares
Price Range
₹92 - ₹ 97
Bidding Dates
30 Jul '26 - 3 Aug '26
Total Issue Value
36.36 Cr
Lot Size
1,200
Total Issue Size
36.36 Cr
Listing At

IPO Timeline

  • 30 Jul 2026
    Bidding Starts
  • 3 Aug 2026
    Bidding Ends
  • 4 Aug 2026
    Allotment Finalization
  • 6 Aug 2026
    Listing

About Dhaval Packaging Ltd.

Our Company, Dhaval Packaging Limited, We design, manufacture, and supply plastic packaging solutions for domestic and international markets. Our core philosophy is to translate brand intent into manufacturable and scalable packaging solutions for food and FMCG categories such as sweets, dairy, dry fruits, bakery and other related items. We position ourselves as a solutions partner that aligns design, materials, labelling, and tooling with production realities so that packaging enhances shelf presence, protects product integrity, and supports reliable throughput on customer lines.

The Company is certified for key international management standards, reflecting its focus on quality, environmental responsibility, workplace safety, and process reliability. The Company holds ISO 14001:2015 certification for its Environmental Management System, ISO 9001:2015 certification for its Quality Management System, and ISO 45001:2018 certification for Occupational Health and Safety Management Systems, each covering the scope of manufacturing Plastic IML (In-Mold Labeling) food containers, plastic food containers, Plastic IML sweet boxes, plastic square boxes, plastic lids, plastic spoons, plastic trays, and plastic end caps. In addition, the Company is certified under ISO/IEC 17025:2017 for compliance with general requirements for the competence of testing and calibration laboratories, further strengthening its commitment to maintaining testing accuracy and product quality across its manufacturing operations. Our products span two categories.

1. IML Containers: In-Mold Labelling (IML) is the cornerstone of our business operations. In IML, a pre-printed label is placed inside the mold before plastic is injected; allowing the label to fuse with the product surface. This eliminates postmolding labelling and delivers a finish that is durable, and resistant to moisture, scratches, and chemicals. Most of our products are tamper evident which is essential for food and dairy applications in particular, IML combines brand impact with process efficiency, enabling consistent artwork reproduction, line speed compatibility, and improved pack life under real-world handling conditions, footprint in both domestic and international markets through innovation, quality, and customer-centric service.

These are food-grade, tamper-evident packaging containers across types and sizes for use, suitable for categories such as sweets, dairy products, ice cream, ready-to-eat foods, bakery, confectionery, pharmaceuticals, agro food products and frozen foods. The Company currently offers around 39 SKUs under this segment that are designed to meet precise functional and quality requirements. We serve several Indian consumer brands and export select products to international customers also. Some of our Indian customers include Keshavlal Sukhadia Foods Private Limited, Vipul Dudhiya Sweets (Ambica) Limited, Das Superfood Private Limited, Sumiran Foods Private Limited (mithai & more), Mohanlal S Mithaiwala, Bhagwati Sweet Mart, Shree Maheshwari Confectioners (Maakhan Bhog), Kandoi Bhogilal Mulchand Private Limited, Madhvi Dairy Private Limited (Madhvi), Vijay Dairy Products (VIJAY DAIRY) and Jaihind Sweets.

2. SAW (Submerged Arc Welded) Pipe Protection Plastic Caps (End Caps): We manufacture precision-engineered SAW Pipe Protection Plastic caps (End Caps), including PE plugs and recessed caps, designed to cover pipe and tube ends to prevent damage to the edges of the pipes as well as internal chemical coating, contamination, and corrosion during storage, transportation, or handling. The End Caps segment serves industrial sectors such as oil & gas, construction, infrastructure, and heavy engineering. End Caps are made from high-quality polymers such as polyethylene (PE) or polypropylene (PP), High density polyethylene (HDPE) and additives including LLDP500M24A (50MFI), LL010F18A (1 MFI), HDPE180M50 (50 MFI) which offer strong resistance to environmental stress, mechanical damage, and chemical exposure. Beyond protection, these caps often serve branding or logistical purposes, such as color-coding for size/type identification or printing
company logos or barcodes. (Source: Dun & Bradstreet Report dated July 07, 2026)

Read More
Parent organisation
Founded
Dhaval Packaging Ltd.
2015

Dhaval Packaging Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 10,30,800 (27.5%)
Employee Reserved 1,20,000 (3.2%)
Market Makers 1,88,400 (5.03%)
Non Institutional Investors 5,17,200 (13.8%)
Qualified Institutional Buyers (QIBs) 6,87,600 (18.34%)
Retail Individual Investors (RIIs) 12,04,800 (32.14%)

Dhaval Packaging Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2026 65.20 Cr 8.04 Cr 20.76 Cr
31 Mar 2025 52.43 Cr 6.04 Cr 17.75 Cr
31 Mar 2024 48.08 Cr 1.55 Cr 2.10 Cr
Dhaval Packaging Ltd. Object of Issues

1. Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”)
2. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
3. General corporate purposes

Dhaval Packaging Ltd. IPO Listing Details
Listing Date
6 Aug 2026
ISIN
INE1HX301016
Final Issue Price
₹ 97
Dhaval Packaging Ltd. Company Promoters

1. Dhaval Nanalal Dagla
2. Manish Nanalal Dagla
3. Shah Aalap Dipak
4. Jigar Harivadan Contractor
5. Jigar Manubhai Shah

Industry Overview

The Indian metal packaging market is experiencing consistent growth with increasing demand for robust and eco-friendly packaging solutions across various industries. India's lower competitive manufacturing costs, relative to Western economies, have also driven the growth of the industry, with ... Read more

Dhaval Packaging Ltd. IPO Registrar
KFin Technologies Ltd.
301, The Centrium, 3rd Floor, 57 Lal Bahadur, Shastri Road, Nav Pada, Kurla (West), Kurla, Mumbai Maharashtra - 400070
67162222
Dhaval Packaging Ltd. IPO Lead Manager(s)
Rarever Financial Advisors Pvt. Ltd.
807, Shyamal Iconic, Shyamal Cross Road, Satellite, Manekbag, Ahmedabad Gujarat - 380015
49258260, 9998123745

FAQs

When does Dhaval Packaging Ltd. IPO opens and closes?

Dhaval Packaging Ltd. IPO opens from 30th July to 3rd August 2026.

What is the size of Dhaval Packaging Ltd. IPO?

The size of the Dhaval Packaging Ltd. IPO is ₹36.36 Cr.

What is the price range of Dhaval Packaging Ltd. IPO?

The price range of Dhaval Packaging Ltd. IPO is at ₹92 to ₹97 per share.

What is the minimum investment and lot size required for the Dhaval Packaging Ltd. IPO?

The minimum investment required is ₹1,16,400 and minimum lot size is 1200 shares.

When is Dhaval Packaging Ltd. IPO listing date?

The Dhaval Packaging Ltd. IPO will be listed on 6th August 2026.

What is the objective of Dhaval Packaging Ltd. IPO?

1. Part finance the cost of establishing new manufacturing facility at Plot No. E – 552 in the Sanand – II Industrial Estate, Hirapur, Taluka Sanand, District Ahmedabad (“Proposed facility”)
2. Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by our Company
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
X