Dhaval Packaging IPO
Open Date
30 Jul 2026
Close Date
3 Aug 2026
Open Date
30 Jul 2026
Close Date
3 Aug 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
2015
CEO
DHAVAL NANALAL DAGLA
Financials of Dhaval Packaging IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | 47.99 | 52.26 | 65.03 |
| Other Income | 0.09 | 0.17 | 0.17 |
Total Income | 48.08 | 52.43 | 65.20 |
Total Expenses | 46.05 | 44.40 | 54.48 |
| Profit Before Tax | 2.03 | 8.03 | 10.72 |
Total Profit | 1.55 | 6.04 | 8.04 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company proposes to establish a new manufacturing facility to expand capacity for IML containers, ice-cream containers portfolio, introduce tin containers for liquid food packaging, and support export growth. The facility will enable capacity expansion, product diversification, and operational flexibility. | 27 |
| The company intends to utilize proceeds for repayment/prepayment of borrowings to reduce outstanding indebtedness, maintain favorable debt-equity ratio, and enable utilization of internal accruals for business growth and expansion. | 4 |
| The company plans to deploy proceeds for general corporate purposes including meeting capital expenditure, operating expenses, brand building, strategic initiatives, working capital requirements, and strengthening business development capabilities. | - |

- In-house IML Manufacturing with Automation: The company runs In-Mold Labelling as a fully in-house, end-to-end process with robotic automation, achieving First-Pass Yield of 1677 Tonnes and Scrap Rate of 4.45% in FY 2025-26, enabling faster ramp-up and reliable on-time dispatch.
- Backward Integration: The company's label integration with Octa Labels creates a single governed workflow from artwork to molding, enabling faster artwork-to-line synchronization, consistent finish quality, tighter color control, and stronger traceability within the promoter-group ecosystem.
- Dual-Segment Portfolio: The company operates two complementary product lines (IML containers for brand-led food programs and End Caps for industrial applications) under one operating system, improving plant utilization and delivery reliability while broadening the solutions stack.
- Experienced Promoters: The company is promoted by five promoters with over 75 years of collective experience across plastic packaging, manufacturing, dealership, gas distribution and food & dairy packaging segments, ensuring clear accountability from order capture through manufacturing and fulfillment.
- Customisation and Tooling Capability: The company creates solutions tailored to customer specifications rather than force-fit catalogues, designing container shapes, tamper-evident features, and clean fit to production lines, resulting in faster time-to-market and lower total cost of ownership.
- Long-standing Customer Relationships and Key-Account Execution: The company builds lasting customer relationships through structured trials and stable run rates with single point ownership, converting new accounts into long-term programs with growing tenure visible in active customer vintage bands.

