Gabriel Pet Straps Limited IPO
₹101
1200
246.2
| Open Date: | 31-Jan-2024 |
| Close Date: | 02-Feb-2024 |
| Allotment Date: | 05-Feb-2024 |
| Listing Date: | 07-Feb-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹101 Per Equity Share |
| Issue Size: | Total Issue Size 798,000 shares (aggregating up to ₹8.06 Cr) : Fresh Issue 798,000 shares (aggregating up to ₹8.06 Cr) |
| Market Lot (Min Amount): | Retail - ₹121,200 : HNI - ₹242,400 |
As on | QIB / Nll | Rll | Total |
|---|---|---|---|
| Shares Offered/Reserved | 376,800 | 376,800 | 753,600 |
| Day 1 - 31-01-24 05:00 PM | 0.87x | 1.76x | 1.31x |
| Day 2 - 01-02-24 05:00 PM | 4.52x | 18.75x | 11.64x |
| Day 3 - 02-02-24 05:00 PM | 361.56x | 122.92x | 246.20x |
| Total No. of Application: | 56,375 (Approx.) | ||
| Retail Subscription on the basis of Apps: | 179.54x | ||
| Earning Per Share(EPS) | ₹2.81/- |
| P/E Ratio | 35.94 |
| RoNW | 20.83% |
| Net Asset Value (NAV) - Post Issue: | ₹71.26/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Oct,2023 | 1,067.69 | 451.90 | 17.30 |
| 31 Mar,2023 | 742.16 | 1,500.60 | 51.96 |
| 31 Mar,2022 | 491.96 | 968.57 | -3.68 |
| 31 Mar,2021 | 106.64 | 7.70 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 69.84% |
| 1. Mr. Shah Jay Pareshbhai |
| 2. Mr. Varasada Vimal Dayabhai |
| 3. Mr. Kavathiya Vivek Dharmendrabhai |
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects
- Repayment or prepayment, in full or in part, of borrowings availed by the company from banks, financial institutions and non-banking financial companies;
- Acquisition of land;
- Funding of capital expenditure requirements of the company towards set up of Solar Power Plant; and
- General corporate purposes.
Gabriel Pet Straps Limited was founded in 2020 and manufactures and sells Pet Straps under the brand name Gabriel for the packaging of heavy materials.
The company offers tailor-made packaging solutions in various sizes and colors, as well as the additional option of printing directly on the strapping, for various industries such as cotton bales, fibres, packaging, paper, waste cloth, etc.
The manufacturing facility of Gabriel Pet Straps is located in Rajkot, Gujarat. The company manufactures pet straps in widths ranging from 9 mm to 32 mm and thicknesses from 0.70 mm to 1.30 mm.
Gabriel operates across India and has a distribution network in 10 states for the domestic market.
As of October 31, 2023, the company employed 26 people (including laborers) in its factory and office.
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Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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