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Dhaval Packaging IPO

SMEListed
DHAVALPACK · · BSE SME

Updated · GMP, subscription and listing data refresh through the day.

Dhaval Packaging IPO Details

RegistrarKFin TechnologiesLimited
Lead managersRAREVER FINANCIAL ADVISORS PRIVATE LIMITED
Offer documentDraft (DRHP)
Fresh issue₹36.36 Cr
Offer for sale—

Dhaval Packaging Financials ₹ in crore

Revenue CAGR+16.4%2024 → 2026 · 2 yrs
Profit CAGR+127.8%2024 → 2026 · 2 yrs
00%255%5010%7515%10020%202420252026
₹ crore202420252026
Revenue₹47.99₹52.26₹65.03
Expenses———
Net profit (PAT)₹1.55₹6.04₹8.04
PAT margin3.2%11.6%12.4%
Total assets———

Dhaval Packaging IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹97
Individual investor (min)minimum application1,200₹1,16,400

The minimum application is 1,200 shares, ₹1,16,400 at the ₹97 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.

Dhaval Packaging IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (5)
The company has an in-house manufacturing process for IML containers with automation, which shortens cycle times and improves quality control.
Backward integration through Octa Labels provides direct control over the critical path, enabling faster artwork-to-production lead times and better quality control.
The company operates with a dual-segment portfolio, serving both food-grade IML and industrial End Caps markets, which improves plant utilization and delivery reliability.
The company has experienced promoters with extensive experience in the packaging industry, contributing to its growth and development.
The company has a strong focus on customer-centric service, aligning design, materials, and labeling with production realities to enhance shelf presence and product integrity.
▼ Risk factors (7)
A majority of the company's revenue is derived from its top 10 customers, and the loss of any of these customers could adversely impact its business and results of operations.
The company depends on a limited number of suppliers for its raw material requirements and does not have definitive agreements or fixed terms of trade with most of them.
Any disruptions to the supply or increases in the pricing of raw materials and finished products could adversely affect the company's operations, financial condition, and profitability.
The company's revenues are significantly dependent on certain geographical regions, and any adverse developments in these regions could adversely impact its business, financial condition, and results of operations.
The company's manufacturing facilities are located only in the state of Gujarat, exposing it to regional risks that could adversely affect its operations.
The company's business operations are highly dependent on the efficient functioning of its manufacturing machinery, and any breakdown, malfunction, or technical failure may adversely affect its production and profitability.
The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment/machineries, and any delay or failure in procurement could lead to cost overruns and delays in implementation.

How to check Dhaval Packaging IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Dhaval Packaging, the registrar is KFin TechnologiesLimited — allotment is finalised in the days between the issue closing on 03 Aug 2026 and listing on 06 Aug 2026.

RegistrarKFin TechnologiesLimited
You will needPAN, application number or demat ID
Issue closes03 Aug 2026
Listing date06 Aug 2026
Issue opens
Thu, 30 Jul, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Mon, 03 Aug, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Tue, 04 Aug, 2026
By KFin TechnologiesLimited; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Wed, 05 Aug, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Thu, 06 Aug, 2026
BSE SME · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

Dhaval Packaging IPO FAQs

GMP

What is Dhaval Packaging IPO GMP today?

No current grey market premium reading is being quoted for the Dhaval Packaging IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Is Dhaval Packaging IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is Dhaval Packaging IPO GMP updated on alphave?

The premium is checked about every 20 minutes from third-party grey-market reporters while the issue is live. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

Subscription

How many times is Dhaval Packaging IPO subscribed?

As of 3 Aug, 5:00 pm the Dhaval Packaging IPO is subscribed 46.38× overall: QIB 56.38×, non-institutional 55.45× and retail 39.91×. Figures are the exchange's consolidated demand across NSE and BSE.

What is the Dhaval Packaging IPO retail subscription status?

The retail portion is subscribed 39.91× as of 3 Aug, 5:00 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.

How do I check Dhaval Packaging IPO subscription status?

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.

What does 2× subscription mean?

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.

Allotment

When is Dhaval Packaging IPO allotment date?

Allotment for the Dhaval Packaging IPO is expected to be finalised on 4 August 2026, the trading day after the issue closes on 3 August 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 5 August 2026 and the shares list on 6 August 2026. Dates are tentative until the registrar and exchange confirm them.

How to check Dhaval Packaging IPO allotment status?

Allotment is decided and published by the registrar, KFin TechnologiesLimited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

Who is the registrar of Dhaval Packaging IPO?

The registrar to the Dhaval Packaging IPO is KFin TechnologiesLimited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

What happens if I do not get allotment?

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Dates

When does Dhaval Packaging IPO open and close?

Bidding for the Dhaval Packaging IPO opens on 30 July 2026 and closes on 3 August 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

What is the Dhaval Packaging IPO listing date?

The shares are scheduled to list on 6 August 2026 on BSE SME. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

How do I apply for Dhaval Packaging IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 30 July 2026 and 3 August 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹97); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for Dhaval Packaging IPO?

3 August 2026 is the last day of bidding. Allotment is then expected on 4 August 2026, refunds and demat credit on 5 August 2026, and listing on 6 August 2026 — tentative until confirmed.

Price & Lot

What is the price band of Dhaval Packaging IPO?

The Dhaval Packaging IPO price band is ₹92 to ₹97 per share. Applications are made at the cut-off price, which is the upper end of the band.

What is the lot size of Dhaval Packaging IPO?

One lot is 1200 shares, so a single application at the ₹97 cut-off costs ₹1,16,400. Retail investors can apply for up to 1 lot within the ₹2,00,000 retail limit.

What is the minimum investment in Dhaval Packaging IPO?

₹1,16,400 — one lot of 1200 shares at ₹97. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

Is Dhaval Packaging IPO a mainboard or SME issue, and on which exchange?

Dhaval Packaging is an SME issue listing on BSE SME. SME issues have a larger minimum lot and trade on the exchange's SME platform after listing. The lead manager is RAREVER FINANCIAL ADVISORS PRIVATE LIMITED.

What is the issue size of Dhaval Packaging IPO?

The issue size is ₹36.36 crore, of which ₹36.36 crore is a fresh issue.

Financials

What is the revenue of Dhaval Packaging?

Dhaval Packaging reported revenue of ₹65.03 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.

Is Dhaval Packaging profitable?

Dhaval Packaging reported a profit after tax of ₹8.04 crore in FY2026. Earlier years are in the table above.

Where do the Dhaval Packaging IPO financials come from?

From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

DRHP

Where can I read the Dhaval Packaging DRHP or RHP?

The offer document for the Dhaval Packaging IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

What are the strengths disclosed in the Dhaval Packaging DRHP?

The company has an in-house manufacturing process for IML containers with automation, which shortens cycle times and improves quality control. Backward integration through Octa Labels provides direct control over the critical path, enabling faster artwork-to-production lead times and better quality control. The company operates with a dual-segment portfolio, serving both food-grade IML and industrial End Caps markets, which improves plant utilization and delivery reliability. The page lists all 5 as disclosed.

What are the key risks disclosed in the Dhaval Packaging DRHP?

A majority of the company's revenue is derived from its top 10 customers, and the loss of any of these customers could adversely impact its business and results of operations. The company depends on a limited number of suppliers for its raw material requirements and does not have definitive agreements or fixed terms of trade with most of them. Any disruptions to the supply or increases in the pricing of raw materials and finished products could adversely affect the company's operations, financial condition, and profitability. The page lists all 7 disclosed risk factors.

Listing

When will Dhaval Packaging IPO list?

The Dhaval Packaging shares are scheduled to list on 6 August 2026 on BSE SME. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

What was the Dhaval Packaging IPO listing price?

Dhaval Packaging listed at ₹110, a gain of 13.4% on the ₹97 issue price.

At what time does an IPO list?

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Data sources

Where does the Dhaval Packaging IPO data on this page come from, and how often is it updated?

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.

Dhaval Packaging IPO Registrar where allotment and refund queries go

RegistrarKFin TechnologiesLimited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Dhaval Packaging IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (03 Aug 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin TechnologiesLimited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹12 on a ₹97 upper band means the grey market is dealing at ₹109.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.