What we do Ideal Technoplast Industries Ltd manufactures and supplies rigid plastic packaging and eco-friendly products for sectors like paints, chemicals, food, and cosmetics, with global exports. |
Founded in 2,012 |
Market share A recognized player known for durable square packaging containers, serving multiple sectors with distinctive rugged, stackable products. |
Problem solved Provides robust, easy-to-handle industrial packaging solutions and eco-friendly tiles and basins to reduce plastic usage and enhance aesthetics. |
Top clients or who we serve Industrial clients across paints, agrochemicals, cosmetics, adhesives, lubricants, food, edible oils; B2B and export markets via partners. |
Key management Prafulkumar Karsanbhai Vaghasiya (Chairman), Vipulbhai Dulabhai Mendapara (Managing Director), Gauravbhai Chhaganbhai Gopani (CFO & Director). |
Our journey and innovations Started as a partnership in 2012, converted to limited company in 2023, IPO in 2024; launched new container families and eco-friendly products in FY25. |
Where we operate Manufacturing and operations in Surat, India with global exports via third parties and export houses. |
Top products or what we offer Rigid plastic packaging containers (square design), food-grade packaging, industrial crates, Ideal Eco Tiles and Eco Basin. |
Top brands Ideal Eco Tiles and Ideal Eco Basin - eco-friendly, plastic-eliminating; industrial packaging containers known for ruggedness and stackability. |
Raw materials needed Primarily rigid plastics suitable for industrial packaging products and eco-friendly composite materials for tiles and basins. |
Raw materials supplier Information not specified; likely multiple suppliers for plastic resins and materials. |
Recurring vs cyclical contribution Revenue largely recurring from industrial packaging sales and new product launches contributing to growth. |
Our industry position Emerging leader in niche square rigid packaging with diversified industrial client base and growing eco-friendly product segments. |
Financial highlights FY25 revenue Rs. 28.48 crore with net profit Rs. 2.88 crore, showing steady improvement from previous year. |
Geographical revenue split Primarily domestic sales with indirect global exports through export houses and third-party distributors. |
Order book Not specified. |
Whats driving growth New manufacturing facility, product innovation in containers and eco-friendly offerings, IPO capital infusion, and increasing industrial demand. |
Our future plans Expand manufacturing capacity, launch more food-grade and industrial packaging lines, and continue eco-product development. |
Our green promise Installing 214.55 kWp solar rooftop system for energy conservation and reduced greenhouse emissions; committed to sustainability. |
Our people and values Board of 6 directors with diverse expertise; strong governance and ethics; focus on employee awareness and workplace safety. |
Key challenges ahead Competition in industrial packaging, scaling operations, raw material price volatility, and maintaining export growth. |
Interesting facts Only specialized manufacturer of rugged square packaging containers with in-house design and printing technology. |
Risks and strategy Mitigates risks through diversified client base, compliance, robust financial controls, and innovation in product offerings. |
