Mumbai, Aug. 6 -- The scrip was listed at Rs 110, a 13.40% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 114 and a low of Rs 106. About 15.90 lakh shares of the company changed hands at the counter.

Dhaval Packaging's IPO was subscribed 46.38 times. The issue opened for bidding on 30 July 2026 and it closed on 3 August 2026. The price band of the IPO was fixed between Rs 92 to Rs 97 per equity share.

The IPO comprised a fresh issue of 37,48,800 equity shares. The company proposes to utilise the net proceeds from the issue towards part financing the establishment of a new manufacturing facility at Plot No. E-552, Sanand-II Indu...