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PLATINUM IPO

PLATINUM INDUSTRIES LIMITED

IPO Doc

Start Date27-02-2024

Application Timing10am-5pm

Price Range₹162 - ₹171

Min Qty87

Min. Investment₹14094

Listing DateNA

Close Date29-02-2024

About PLATINUM INDUSTRIES LIMITED

Why To Invest in PLATINUM INDUSTRIES LIMITED

Manufacturer of speciality chemicals with consistent financial growth. The IPO Net Proceeds will be utilised for:

Investment in the subsidiary, Platinum Stabilizers Egypt LLC for financing its capital expenditure requirements
Funding of capital expenditure towards setting up a manufacturing facility for PVC Stabilizers at Palghar, Maharashtra
Funding working capital requirements of the Company

Financial Table

Year	FY 2021	FY 2022	FY 2023
Revenue from Operations (Rs. Cr)	89.2	188.2	231.5
PAT (Rs. Cr)	4.8	17.7	37.6

Strengths And Risks

Varied Product Portfolio : We have varied products for PVC industry in the market and multiple product categories which helps them to retain their customers and strengthen the cross-selling efforts across product portfolios.

High Entry Barriers: Barriers to entry in the speciality chemical industry are typically high. The specialised nature of products means significant differentiation. R&D efforts, technical know-how, capital, customer relationships, and engineered or regulated specifications.

R&D Focus: Platinum Industries has an in-house R&D facility over 3,000 q. ft. area in Palghar, Maharashtra with modern equipment and instrumentation. The R&D efforts are focused on developing innovative products to suit customer needs. market demands.

Consistent Financial Performance : Company has grown from commencing from 2 products portfolio to a multi-product manufacturing company with sales across India and in international markets. The revenue has grown at a CAGR of 42 % and PAT has registered a CAGR of 164% in the last six years.

Negative Cash Flows: Platinum Industries has experienced negative cash flows in operating, investing and financing activities in the last three financial years. Any negative cash flows in the future would adversely affect our results of operations and financial condition.

Pricing Pressure: Being in a competitive market, we face pricing pressures from our customers. It may affect our gross margin, profitability, and ability to increase prices, which may adversely affect the business, results of operations. financial condition.

Customer & Regional Concentration: Platinum Industries is dependent on a few customers for a major part of its revenues. Further, the customers are concentrated in the Western zone. Any loss of these customers or region specific changes can impact the business.

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Connect With Us

Astha Credit & Securities Pvt Ltd
NSE, BSE & MCX Sebi Reg No:
INZ000187932

For any grievance contact:
grievance@rupeezy.in
0755-4268599

Membership ID:
NSE - 12227 BSE-6844 MCX - 40000
NSDL-IN303420 CDSL-94500

For cyber attack incident reporting:
gyanesh@rupeezy.in
9669695615

CIN:
U65929MP2003PTC016241

SEBI RA Registration:
INH000013332

SEBI Depository Participant Reg No:
IN-DP-611-2021

Connect With Us

Attention Investors:
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Awareness regarding guidelines regarding margin collection:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge
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All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
The last date to update KYC is on or before March 31, 2022.
Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.
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Disclaimer:

Investment in the securities market is subject to market risks, read all the related documents carefully before investing.
Brokerage will not exceed SEBI prescribed limit.
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For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments.
Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Mutual Funds are not an approved product of the Exchanges and any dispute related to this will not be dealt at Exchange platform. ACSPL is a Mutual fund distributor/s registered for Mutual Funds.

Client Bank account Details:

Sr. No	Name of Bank Account	Bank Account Number	IFSC Code
1	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	00620340000150	HDFC0000062
2	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	57500000351820	HDFC0000062

*Investors are requested to note that Stock broker Astha Credit and Securities Private Limited is permitted to receive/pay money from/to investor through designated bank accounts only named as client bank accounts. Stock broker Astha Credit and Securities Private Limited is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.

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. We do Pro trading.

Client registration documents in Vernacular languages: Get Documents