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Dhaval Packaging Eyes BSE SME Listing for Growth
25 Apr
Summary
- Dhaval Packaging received BSE approval for SME platform listing.
- Company manufactures IML plastic packaging and pipe protection caps.
- A new manufacturing facility is being set up in Sanand-II.
Dhaval Packaging Limited has achieved a key procedural milestone with in-principle approval from BSE Limited for its equity shares to be listed on the BSE SME Platform. This approval signifies a step closer to the company's proposed public offering, subject to final regulatory and market conditions.
The Ahmedabad-based company specializes in manufacturing in-mould labelled (IML) plastic packaging and Submerged Arc Welded (SAW) pipe-protection end caps. Their product range caters to diverse sectors including FMCG, food and dairy, and industrial applications.
Dhaval Packaging is committed to expansion, with plans for a new manufacturing facility at the Sanand-II Industrial Estate. This strategic move aims to bolster production capacity to meet increasing market demand for their specialized packaging solutions.
RarEver Financial Advisors Private Limited, a SEBI-registered Category I Merchant Banker, is serving as the lead manager for the proposed issue. The company's offerings span advanced injection moulding and IML technology, ensuring high-quality, tamper-evident, and shelf-ready packaging.
