Dhaval Packaging IPO

Plastic Packaging - Listed on 06 August 2026

+13.4% listing gain
Issue Price (Upper)
Rs 97
Listing Price
Rs 110
Closing Price (NSE)
Rs 111.68
Total Subscription
50.03x

Dhaval Packaging IPO listing summary

Dhaval Packaging (Plastic Packaging) closed its IPO window in 2026 and listed on NSE and BSE on 06 August 2026 at an upper band issue price of Rs 97, opening at Rs 110 for a listing gain of +13.4% and closing day one at Rs 111.68 (+15.1% on closing basis). The IPO was subscribed 50.03x overall - QIB 56.38x, HNI/NII 75.71x, Retail 40.28x. The total issue size was Rs 36.36 Cr (Fresh Issue Rs 36.36 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+13.40%
Listing Gain (Close)
+15.13%
Day Change After Listing
+1.53%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB56.38x
HNI / NII75.71x
Retail40.28x
Overall50.03x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.48x
Day 21.46x
Day 3 (Final)50.03x

Dhaval Packaging IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 7+7.22%
Day 2Rs 3+3.09%
Day 3Rs 12+12.37%
Day 4Rs 7+7.22%
Day 5Rs 7+7.22%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
3.1%-12.4%
IPOGyani AI Prediction
-
Actual Listing Gain
+13.4%

Issue & financials

Issue SizeRs 36.36 Cr
Fresh IssueRs 36.36 Cr
OFSRs 0 Cr
IPO PE12.00
Peer / Sector PE-
PE vs Sector Ratio-
Latest EBITDA (Cr)21.41
Debt / Equity0.78

Market context at listing

How the broader market moved around the Dhaval Packaging IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.56%
Nifty 1W Return+1.31%
Nifty 1M Return+3.16%
Nifty during IPO window+1.88%

Dhaval Packaging IPO - FAQs

What was the listing gain of Dhaval Packaging IPO?

Dhaval Packaging IPO listed at +13.4% versus the upper issue price of Rs 97 on 06 August 2026.

How many times was Dhaval Packaging IPO subscribed?

Dhaval Packaging IPO was subscribed 50.03x overall. QIB portion was subscribed 56.38x, HNI / NII 75.71x and Retail 40.28x.

What was the IPO GMP for Dhaval Packaging?

IPO GMP started at Rs 7 on Day 1 and moved to Rs 7 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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