Become a Franchise Trade Now BA Connect Open an Account Reactivation KYC Modification DP Login
IPO News
Prev Next
As on Feb 29, 2024 12:00 AM Your results on : IPO News    
Platinum Industries IPO subscribed 99.01 times
29-Feb-2024 (17:38)
The initial public offer (IPO) of Platinum Industries received 95,37,37,848 bids for shares as against 96,32,988 shares on offer, according to stock exchange data at 17:36 IST on Thursday (29 February 2024). The issue was subscribed 99.01 times.

The issue opened for bidding on Tuesday (27 February 2024) and it will close on Thursday (29 February 2024). The price band of the IPO is fixed at Rs 162 to 171 per share. An investor can bid for a minimum of 87 equity shares and in multiples thereof.

The IPO comprises fresh issue of 1,37,61,225 equity shares aggregating Rs 235 crore on upper price band.

The company proposes to utilize the net proceeds from the fresh issue towards investment in platinum Stabilizers Egyptfor financing its capital expenditure requirements of Rs 67.72 crore to set up the proposed facility in Egypt, funding of capital expenditure of Rs 71.26 crore to set up the proposed facility in Palghar, funding working capital requirements of Rs 30 crore and the balance towards general corporate expenses.

Ahead of the IPO, Platinum Industries on Monday, 26 February 2024 raised Rs 70.59 crore from anchor investors. The board allotted 41.28 lakh shares at Rs 171 each to 7 anchor investors.

Platinum Industries was incorporated in 2016, it is a multi-product company in the business of manufacturing stabilizers. The company's business segment includes PVC (polyvinyl chloride) stabilizers, CPVC (chlorinated polyvinyl chloride) additives and lubricants. It operates in the speciality chemicals industry. Its products find application in PVC pipes, PVC profiles, PVC fittings, electrical wires and cables, SPC (stone plastic composite) floor tiles, rigid PVC foam boards, and packaging materials.

The firm reported a net profit of Rs 22.84 crore and total income of Rs 122.82 crore for the six months ended on 30 September 2023.

Exicom Telesystems IPO subscribed 129.50 times
29-Feb-2024 (17:31)
Mukka Proteins IPO subscribed 2.47 times
29-Feb-2024 (17:07)
Platinum Industries IPO subscribed 22.19 times
28-Feb-2024 (17:22)
Exicom Telesystems IPO subscribed 27.76 times
28-Feb-2024 (17:19)
NSE SME IPO of Purv Flexipack subscribed 38.32 times
27-Feb-2024 (17:30)
Exicom Telesystems IPO subscribed 10.01 times
27-Feb-2024 (17:17)
Platinum Industries IPO subscribed 8.04 times
27-Feb-2024 (17:03)
GPT Healthcare IPO ends with decent subscription
27-Feb-2024 (11:30)
GPT Healthcare IPO subscribed 8.52 times
26-Feb-2024 (17:36)
NSE SME IPO Owais Metal and Mineral Processing subscribed 3.94 times
26-Feb-2024 (17:06)
Juniper Hotels IPO ends with decent subscription
24-Feb-2024 (17:12)
Juniper Hotels IPO subscribed 2.07 times
23-Feb-2024 (17:39)
GPT Healthcare IPO subscribed 85%
23-Feb-2024 (17:16)
Connect with us :   
Globe
About us
Our Services
Milestones
Memberships
Core Values
Investor Relations
Product & Services
Broking
Institutional Broking
PMS
Clearing Services
Distribution
Research
Depository
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Mobile App Demo
ODIN User Manual
Client Reactivation
Segment activation
KYC Modification
Annual Income Updation
MTF Activation
Nomination
Back Office
Back Office
CMS
CMS-TM
KYC/KDC Status
Mutual Fund
CAMS
RMS Policy
Helpdesk
Download Forms
Useful Links
BSE
NSE
SEBI
RBI
MCX
NCDEX
Exchange Holidays
Exchange guidelines on margin collection
Attention Investors
Anti-Money Laundering Policy
Policies, Procedures, Rights, Obligations and RDD
Additional Policy and Procedures
Scores

Funds Payout Policy

Shortages Obligation Arising Out Of Internal Netting of Trades

Policies of Globe Commodities Limited
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language - Equity | Commodity
Additional Risk Disclosure for Trading into Commodity options
In case of any grievances please write to
Investor_trading@globecapital.com /  igr@globecapital.com (For Trading)     globedp@globecapital.com (For DP)    Investor_pms@globecapital.com (For PMS)     
commigr@globecapital.com (For Commodities)
Equity SEBI Registration No INZ000177137, Exchange Registration Nos : NSE TM Code - 06637, Clearing No.- M50302|BSE Clearing No: 3179|MSEI TM Code - 1004 ,Clearing No.- 4| MCX TM No: 8091,Clearing No: 8090 | NCDEX TM No:1287, Clearing No: -M51085|ICEX TM ID-2084 | SEBI Registration for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | SEBI Research Analysts Registration No :INH100001187 | SEBI PMS Registration No:INP000002361 CMBPID NCL CM :- IN555502
* Through subsidiary Globe Commodities Ltd. --> Commodity SEBI Regn. No. - INZ000024939, Exchange Regn. Nos. - MCX CM ID: 8550 TM ID: 10735, NCDEX CM ID: M50011 TM ID: 00012, NMCE ID: CL0111, ICEX ID: 1009, NCDXSPOT-CR-07-10011,
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by CMOTS Infotech (ISO 9001:2015 Certified) Privacy Policy Disclaimer Terms and Conditions