Apply This IPO

Best Margin

Zero Brokerage

24*7 Customer Support.

Fastest mobile support

---

Apply with Angel One

Apply with Zerodha

Pre-Apply with Upstox

Platinum Industries Limited IPO Review

Platinum Industries engaged in company making stabilizers for various applications like PVC pipes, electrical wires, and packaging materials. Their focus is on specialty chemicals, including PVC stabilizers, CPVC additives, and lubricants. They are always working hard to find out what customers need and create top-notch products to meet those needs. In PVC uses, they've made over 400 different types to serve most customers and various uses.

Platinum industries limited ipo stabilizers are special chemicals added to PVC products to make them stronger and last longer. They help PVC handle heat better, so it doesn't lose its quality or strength. Also, they stop PVC from changing color, becoming brittle, or breaking down when it's exposed to sunlight. platinum ispat industries private limited keeps PVC items looking good and lasting for a long time. people want PVC stabilizers, especially in industries like water distribution, farming, building, medical supplies, and wiring. In the past, stabilizers with lead were common because they worked, they’ll about lead's health effects have made the industry switch to stabilizers made from calcium and zinc instead.

Platinum Industries Limited Products and Services

Platinum Industries Limited Products offer tailor-made products and solutions directly to customers and through their group of distributors. Additionally, they engage in trading various related chemicals like titanium dioxide and PVC/CPVC resin. They also sell their products overseas. As of now, they have 12 distribution points throughout India. They aim to keep growing by continually adding new products that serve various purposes. They prioritize making high-quality products and have a strong reputation among their distributors.

platinum industries pvt ltd ipo Strengths are Consistent financial performance, R & D and Sustainability, Varied product portfolio catering to diversified industries, High entry barriers in the specialty chemical industry, Quality Products, platinum industries private limited Strategies are Expanding their production capacities and broadening the global footprint, increase in market share, Modernization and Expansion of their facility in India, continue to build their global customer base and enter new geographical markets.

Financial Overview

In terms of financial performance over the last three years, when considering all aspects together, the company earned a total income/net profit of Rs. 89.53 crore/Rs. 4.82 crore in FY21, Rs. 189.24 crore/Rs. 17.75 crore in FY22, and Rs. 232.56 crore/Rs. 37.58 crore in FY23. The company operates in various product areas like PVC stabilizers and lubricants, establishing itself with unique, high-quality products that generate significant profits. Platinum Industries pvt ltd ipo has seen growth in both revenue and profit, and the management expects to continue this trend in the future. While the price might seem high based on the expected earnings for FY24, it's still a good investment for those looking for long-term gains due to promising prospects and expansion plans.