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Platinum Industries Limited IPO

Platinum Industries Limited engaged in diverse companies involved in producing stabilizers. Their business focuses on manufacturing PVC stabilizers, CPVC additives, and lubricants. They operate within the specialty chemicals sector. Their products are utilized in various applications such as PVC pipes, profiles, fittings, electrical wires, cables, SPC floor tiles, rigid PVC foam boards, and packaging materials. PVC stabilizers are substances added to PVC products to improve their quality and lifespan. They help PVC withstand high temperatures without losing its strength or properties. These stabilizers ensure PVC remains stable even when exposed to heat, preventing it from breaking down or losing its effectiveness.

Company Promoters:

•  Krishna Dushyant Rana And
•  Parul Krishna Rana

Objects of this Issue:

• Investment In the Subsidiary, Platinum Stabilizers Egypt LLC ("PSEL"), For Financing Its Capital Expenditure Requirements About the Setting Up Of A Manufacturing Facility For PVC Stabilizers At SC Zone 'Governorate Of Suez Egypt'.
• Funding Of Capital Expenditure Requirements Of their Company Towards Setting Up of A Manufacturing Facility For PVC Stabilizers At Palghar, Maharashtra, India.
• Funding Working Capital Requirements of their Company.
• General Corporate Purposes.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	1,211.68	844.79	322.56
Total Liabilities	496.09	621.41	207.84
Net Profit	379.05	177.47	48.15

Platinum Industries Limited IPO Schedule

1.     Bid or Offer Opens on: 27 February 2024
2.     Bid or Offer Closes on: 29 February 2024
3.     Finalization of BoA: 01 March 2024
4.     Initiation of Refunds: 04 March 2024
5.     Credit of share to Demat account: 04 March 2024
6.     Listing Date: 05 March 2024

Platinum Industries Limited IPO Lot Size

The market lot size of the PLATINUM INDUSTRIES LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Platinum Industries Limited IPO

Unit No.  841, 4thFloor, Solitaire Corporate Park-8, Andheri Kurla Road, 

Andheri  (E), Mumbai –400093, Maharashtra

Phone:  +91 7304538055

Email:  cs@platinumindustriesltd.com

Website: www.platinumindustriesltd.com

Platinum Industries Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

C 101, 247 Park, L.B.S.Marg, Vikhroli (West),Mumbai –400083

Phone:  022-62638200

Email:  ipo@bigshareonline.com

Website: www.bigshareonline.com