{"id":3747,"date":"2024-03-05T04:48:18","date_gmt":"2024-03-05T04:48:18","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=3747"},"modified":"2025-03-04T05:11:59","modified_gmt":"2025-03-04T05:11:59","slug":"platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/","title":{"rendered":"Platinum Industries IPO: Business Model, Key Details, KPIs, and SWOT Analysis"},"content":{"rendered":"\n<p>Platinum Industries is entering the IPO frenzy and is raising a total of INR 235.32 Crores. Today\u2019s blog will cover the company\u2019s business model, KPIs, and SWOT analysis.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/#Company_Overview\" title=\"Company Overview\">Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/#Company_Promoters\" title=\"Company Promoters\">Company Promoters<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/#Details_of_the_Issue\" title=\"Details of the Issue\">Details of the Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/#Key_Financials_of_the_Company\" title=\"Key Financials of the Company\">Key Financials of the Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/#Strengths\" title=\"Strengths\">Strengths<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/#Risks\" title=\"Risks\">Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-company-overview\"><span class=\"ez-toc-section\" id=\"Company_Overview\"><\/span>Company Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Platinum Industries was founded in 2016 and initially adopted a limited liability partnership status and later transformed into a public limited company.<\/p>\n\n\n\n<p>The company operates in the speciality chemical business and produces lubricants, CPVC additives, and PVC stabilizers.<\/p>\n\n\n\n<p>According to a CRISIL assessment done in 2022\u20132023, the company boasts a 13% market share in the domestic PVC stabilizer industry. The company&#8217;s 21,000-square-foot production facility is located in Palghar, Maharashtra.<\/p>\n\n\n\n<p>As of December 31, 2023, it employed 97 people and served over 273 clients for the fiscal year 2023.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-company-promoters\"><span class=\"ez-toc-section\" id=\"Company_Promoters\"><\/span>Company Promoters<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The company&#8217;s founders are Parul Krishna Rana, who holds the executive director position, and Krishna Dushyant Rana, who has the chairman and managing director positions.&nbsp;<\/p>\n\n\n\n<p>Approximately 94.74% of the company is owned by the promoters.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-details-of-the-issue\"><span class=\"ez-toc-section\" id=\"Details_of_the_Issue\"><\/span>Details of the Issue<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Through a new share offering of 1.38 crore, the company hopes to raise INR 235.32 crore. With a market lot of 87 shares, the issue price&#8217;s lower price band is 162 INR, while the upper price band is 171 INR per share.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-timeline-of-ipo\">Timeline of IPO<\/h3>\n\n\n\n<p>Let\u2019s have a look at the timeline of the IPO<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><strong>IPO Open Date<\/strong><\/td><td>27<sup>th<\/sup> Feb 2024<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>29<sup>th<\/sup> Feb 2024<\/td><\/tr><tr><td><strong>Finalization of Allotment<\/strong><\/td><td>1<sup>st<\/sup> March 2024<\/td><\/tr><tr><td><strong>Initiation of Refund<\/strong><\/td><td>4<sup>th<\/sup> March 2024<\/td><\/tr><tr><td><strong>The credit of Shares into a Demat Account<\/strong><\/td><td>4<sup>th<\/sup> March 2024<\/td><\/tr><tr><td><strong>Listing Date on NSE &amp; BSE<\/strong><\/td><td>5<sup>th<\/sup> March 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-details-of-ipo\">Details of IPO<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><strong>Face Value of Share<\/strong><\/td><td>10 INR per share<\/td><\/tr><tr><td><strong>Price Band<\/strong><\/td><td>162 to 171 INR per share<\/td><\/tr><tr><td><strong>Market Lot<\/strong><\/td><td>87 Shares<\/td><\/tr><tr><td><strong>Total Fresh Issue Size<\/strong><\/td><td>235.32 Crore<\/td><\/tr><tr><td><strong>Total Number of Shares<\/strong><\/td><td>1,37,61,225 Shares<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-ipo-allotment-size\">IPO Allotment Size<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Applicant<\/th><th class=\"has-text-align-center\" data-align=\"center\">Market Lot<\/th><th class=\"has-text-align-center\" data-align=\"center\">Share<\/th><th class=\"has-text-align-center\" data-align=\"center\">Amount<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Retailer (Min)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1<\/td><td class=\"has-text-align-center\" data-align=\"center\">87<\/td><td class=\"has-text-align-center\" data-align=\"center\">14,877<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Retailer (Max)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">13<\/td><td class=\"has-text-align-center\" data-align=\"center\">1131<\/td><td class=\"has-text-align-center\" data-align=\"center\">1,93,401<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Small High Net Worth Individual (Min)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">14<\/td><td class=\"has-text-align-center\" data-align=\"center\">1218<\/td><td class=\"has-text-align-center\" data-align=\"center\">2,08,278<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Small High Net Worth Individual (Max)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">67<\/td><td class=\"has-text-align-center\" data-align=\"center\">5829<\/td><td class=\"has-text-align-center\" data-align=\"center\">9,96,759<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Big High Net Worth Individual (Min)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">68<\/td><td class=\"has-text-align-center\" data-align=\"center\">5916<\/td><td class=\"has-text-align-center\" data-align=\"center\">10,11,636<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>A retail consumer can invest a minimum of 14,877 INR and a maximum of 1,93,401 INR, as indicated by the above table.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-objective-of-the-issue\">Objective of the Issue<\/h3>\n\n\n\n<p>The business plans to use the proceeds from the issuance to finance the working capital requirements of its Indian units and establish Platinum Stabilizers Egypt LLP, a PVC stabilizer production plant in Egypt.<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/rashi-peripherals-limited-ipo-analysis\/\">Rashi Peripherals Limited: IPO Analysis<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-financials-of-the-company\"><span class=\"ez-toc-section\" id=\"Key_Financials_of_the_Company\"><\/span>Key Financials of the Company<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-balance-sheet\">Balance Sheet<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Non-Current Asset<\/td><td class=\"has-text-align-center\" data-align=\"center\">38.94<\/td><td class=\"has-text-align-center\" data-align=\"center\">7.75<\/td><td class=\"has-text-align-center\" data-align=\"center\">6.09<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Current Asset<\/td><td class=\"has-text-align-center\" data-align=\"center\">82.221<\/td><td class=\"has-text-align-center\" data-align=\"center\">76.721<\/td><td class=\"has-text-align-center\" data-align=\"center\">26.163<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Total Asset<\/td><td class=\"has-text-align-center\" data-align=\"center\">121.168<\/td><td class=\"has-text-align-center\" data-align=\"center\">84.479<\/td><td class=\"has-text-align-center\" data-align=\"center\">32.256<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Equity<\/td><td class=\"has-text-align-center\" data-align=\"center\">71.559<\/td><td class=\"has-text-align-center\" data-align=\"center\">22.338<\/td><td class=\"has-text-align-center\" data-align=\"center\">4.47<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Long Term Liability<\/td><td class=\"has-text-align-center\" data-align=\"center\">5.524<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.509<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.528<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Current Liability<\/td><td class=\"has-text-align-center\" data-align=\"center\">44.086<\/td><td class=\"has-text-align-center\" data-align=\"center\">59.632<\/td><td class=\"has-text-align-center\" data-align=\"center\">25.256<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The above financial statement shows that the company&#8217;s assets have expanded greatly in the last three years. Still, its current liabilities have dropped in the most recent year compared to the FY ending in 2022.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-income-statement\">Income Statement<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Revenue from operations<\/td><td class=\"has-text-align-center\" data-align=\"center\">231.481<\/td><td class=\"has-text-align-center\" data-align=\"center\">188.156<\/td><td class=\"has-text-align-center\" data-align=\"center\">89.269<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Total Income<\/td><td class=\"has-text-align-center\" data-align=\"center\">232.555<\/td><td class=\"has-text-align-center\" data-align=\"center\">189.238<\/td><td class=\"has-text-align-center\" data-align=\"center\">89.530<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Total Expenses<\/td><td class=\"has-text-align-center\" data-align=\"center\">181.619<\/td><td class=\"has-text-align-center\" data-align=\"center\">165.278<\/td><td class=\"has-text-align-center\" data-align=\"center\">82.835<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Profit before tax<\/td><td class=\"has-text-align-center\" data-align=\"center\">50.936<\/td><td class=\"has-text-align-center\" data-align=\"center\">23.960<\/td><td class=\"has-text-align-center\" data-align=\"center\">6.695<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Profit after tax<\/td><td class=\"has-text-align-center\" data-align=\"center\">37.584<\/td><td class=\"has-text-align-center\" data-align=\"center\">17.748<\/td><td class=\"has-text-align-center\" data-align=\"center\">4.815<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(In crores)<\/figcaption><\/figure>\n\n\n\n<p>The revenue statement shows that the company&#8217;s profit after taxes increased nearly seven times, from 4.8 crores in 2021 to 37.58 crores at the end of the fiscal year 2023. This increase is also evident in the company&#8217;s revenue.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Revenue-bro.png\" alt=\"Increasing profitability\" class=\"wp-image-3750\" style=\"width:298px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Revenue-bro-1024x1024.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Revenue-bro-300x300.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Revenue-bro-150x150.png 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Revenue-bro-768x768.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Revenue-bro-1536x1536.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Revenue-bro.png 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-kpis\">KPIs<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Current Ratio<\/td><td class=\"has-text-align-center\" data-align=\"center\">1.87<\/td><td class=\"has-text-align-center\" data-align=\"center\">1.29<\/td><td class=\"has-text-align-center\" data-align=\"center\">1.04<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Return on Equity<\/td><td class=\"has-text-align-center\" data-align=\"center\">90.02%<\/td><td class=\"has-text-align-center\" data-align=\"center\">132.39%<\/td><td class=\"has-text-align-center\" data-align=\"center\">138.63%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Inventory Turnover Ratio<\/td><td class=\"has-text-align-center\" data-align=\"center\">10.88<\/td><td class=\"has-text-align-center\" data-align=\"center\">17.53<\/td><td class=\"has-text-align-center\" data-align=\"center\">15.33<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Net Profit Ratio<\/td><td class=\"has-text-align-center\" data-align=\"center\">16.24%<\/td><td class=\"has-text-align-center\" data-align=\"center\">9.43%<\/td><td class=\"has-text-align-center\" data-align=\"center\">5.39%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Return on Capital Employed<\/td><td class=\"has-text-align-center\" data-align=\"center\">56.85%<\/td><td class=\"has-text-align-center\" data-align=\"center\">52.51%<\/td><td class=\"has-text-align-center\" data-align=\"center\">74.28%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The company&#8217;s major metrics are listed above, and they show that, in contrast to 2021, net profit increased significantly in 2023. The return on capital employed also increased during the previous two years, while the return on equity decreased.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-cash-flow-analysis\">Cash Flow Analysis<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Net Cash Flow from Operating activities<\/td><td class=\"has-text-align-center\" data-align=\"center\">38.355<\/td><td class=\"has-text-align-center\" data-align=\"center\">14.893<\/td><td class=\"has-text-align-center\" data-align=\"center\">3.276<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Cash Flow from Investing activities<\/td><td class=\"has-text-align-center\" data-align=\"center\">(36.731)<\/td><td class=\"has-text-align-center\" data-align=\"center\">(4.954)<\/td><td class=\"has-text-align-center\" data-align=\"center\">(1.309)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Cash Flow from Financing activities<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.474<\/td><td class=\"has-text-align-center\" data-align=\"center\">19.001<\/td><td class=\"has-text-align-center\" data-align=\"center\">(1.173)<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(In crores)&nbsp;<\/figcaption><\/figure>\n\n\n\n<p>Based on the company&#8217;s EPS from the previous year, the P\/E ratio is calculated to be 17.19x on the lower price band of 161 INR and 18x on the upper price band of 171 INR.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/02\/Swot-analysis-rafiki.png\" alt=\"SWOT analysis\" class=\"wp-image-3625\" style=\"aspect-ratio:1.3333333333333333;object-fit:cover;width:385px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/02\/Swot-analysis-rafiki-1024x1024.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/02\/Swot-analysis-rafiki-300x300.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/02\/Swot-analysis-rafiki-150x150.png 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/02\/Swot-analysis-rafiki-768x768.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/02\/Swot-analysis-rafiki-1536x1536.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/02\/Swot-analysis-rafiki.png 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-strengths\"><span class=\"ez-toc-section\" id=\"Strengths\"><\/span>Strengths<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>1.&nbsp; According to a CRISIL report, the <strong>speciality chemical sector in the Indian economy is predicted to increase<\/strong> by 8.3% C.A.G.R.<\/p>\n\n\n\n<p>2.&nbsp; The company <strong>ranked third in India <\/strong>in domestic sales of PVC stabilizers.<\/p>\n\n\n\n<p>4.&nbsp; Due to the <strong>substantial entry barriers<\/strong> in this industry, the risk associated with competition is minimal.<\/p>\n\n\n\n<p>5.&nbsp; The company has <strong>more than 400 grades of products<\/strong> specifically designed for PVC applications, which indicates that the company is aiming for a massive increase in the market share.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-risks\"><span class=\"ez-toc-section\" id=\"Risks\"><\/span>Risks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>1.&nbsp; The company presently operates a <strong>single manufacturing facility<\/strong> in Palghar, Maharashtra, and any disruption there will affect its profitability.<\/p>\n\n\n\n<p>3.&nbsp; Their <strong>ability to obtain raw materials<\/strong> or pay more for them will affect their profitability in the future.<\/p>\n\n\n\n<p>4.&nbsp; Sales will be impacted by the difficulties a firm faces while <strong>expanding into a new area<\/strong>.<\/p>\n\n\n\n<p>5.&nbsp; <strong>Few clients account for a sizable amount of the company&#8217;s revenue; <\/strong>disagreements among them could cause revenue volatility.<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/indusind-bank-case-study\/\">IndusInd Bank Case Study: Business Model, Product Portfolio, and SWOT Analysis<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>While the company has a strong financial history and plans to expand into other nations strategically, its clientele is relatively small which may worry some investors. Since establishing itself in 2016 and emerging as a major force in India&#8217;s stabilizer manufacturing sector, the company has had a lengthy growth narrative.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>1<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/hindustan-unilever-limited-hul-case-study-key-acquisitions-business-model-financials-and-swot-analysis\/\">Hindustan Unilever Case Study<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>2<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/case-study-on-apple-marketing-strategy\/\">Case Study on Apple Marketing Strategy<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>3<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/reliance-power-case-study\/\">Reliance Power Case Study<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>4<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/case-study-on-burger-king-marketing-strategy\/\">Burger King Case Study<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>5<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/dmart-case-study-business-model-and-marketing-strategy\/\">D Mart Case Study<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is the minimum amount required to participate in the IPO of Platinum Industries?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The minimum investment for the Platinum Industries IPO will be 14877 INR, with a minimum market lot size of 87 shares in the upper price range of 171 INR.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is the reason behind the Platinum Industries&#8217; IPO?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The company intends to build a manufacturing facility in Egypt. Thus, they want to obtain money through an initial public offering (IPO) to expand its operations.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is the Platinum Industries IPO pricing range?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The price band of the company ranges from 162 on the lower side to 171 on the upper side.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Is Platinum Industries a profit-making company?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Yes, Platinum Industries has made a substantial profit over the last three years, thus making it a profitable business.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What does the cash flow statement indicate about the company\u2019s operations?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The company\u2019s cash flow statement shows that the management can maintain consistent efficiency while investing the proceeds to expand further.<\/p><\/ul><\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Platinum Industries is entering the IPO frenzy and is raising a total of INR 235.32 Crores. Today\u2019s blog will cover the company\u2019s business model, KPIs, and SWOT analysis. Company Overview Platinum Industries was founded in 2016 and initially adopted a limited liability partnership status and later transformed into a public limited company. The company operates [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3752,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[17,15],"tags":[],"class_list":["post-3747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study","category-investing"],"acf":{"freelancer":"Akash Gupta"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Platinum Industries IPO: Business Model, Key Details, KPIs, and SWOT Analysis - Pocketful<\/title>\n<meta name=\"description\" content=\"Evaluate the Platinum Industries IPO: Analyze business model, KPIs, key details, financial statements, and SWOT analysis.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Platinum Industries IPO: Business Model, Key Details, KPIs, and SWOT Analysis\" \/>\n<meta property=\"og:description\" content=\"Evaluate the Platinum Industries IPO: Analyze business model, KPIs, key details, financial statements, and SWOT analysis.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/platinum-industries-ipo-business-model-key-details-kpis-and-swot-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-05T04:48:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-04T05:11:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/platinum-industries-banner.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1497\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pranit Mathur\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Pranit Mathur\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Platinum Industries IPO: Business Model, Key Details, KPIs, and SWOT Analysis - 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