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Gabriel Pet Straps Limited

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Jan 31 to Feb 2, 2024
Price Band ₹101
Current GMP ₹115 (14.85%)
Subscription 246.20 times

IPO Details

IPO Date
January 31, 2024 to February 2, 2024
Listing Date
Wednesday, February 7, 2024
Face Value
₹10 per share
Price
₹101 per share
Lot Size
1200 Shares
Total Issue Size
798,000 shares (aggregating up to ₹8.06 Cr)
Fresh Issue
798,000 shares (aggregating up to ₹8.06 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
1,848,840
Share holding post issue
2,646,840
Market Maker portion
44,400 shares Shreni Shares

IPO Subscription Details

Market Maker
1
Non-Institutional Buyers*
361.56
Retail Investors
122.92
Total **
246.20

Day Wise Sub

DayDay 1 Jan 31, 2024
NII*0.87
Retail1.76
Total1.31
DayDay 2 Feb 1, 2024
NII*4.52
Retail18.75
Total11.64
DayDay 3 Feb 2, 2024
NII*361.56
Retail122.92
Total246.20

Day Wise GMP

Date07-02-2024
Price101.00
GMP50 (49.5%)
Estimate List Price151
Date06-02-2024
Price101.00
GMP50 (49.5%)
Estimate List Price151
Date05-02-2024
Price101.00
GMP50 (49.5%)
Estimate List Price151
Date04-02-2024
Price101.00
GMP50 (49.5%)
Estimate List Price151
Date03-02-2024
Price101.00
GMP50 (49.5%)
Estimate List Price151
Date02-02-2024
Price101.00
GMP50 (49.5%)
Estimate List Price151
Date01-02-2024
Price101.00
GMP11 (10.89%)
Estimate List Price112
Date31-01-2024
Price101.00
GMP10 (9.9%)
Estimate List Price111
Date30-01-2024
Price101.00
GMP0 (0%)
Estimate List Price101
Date29-01-2024
Price101.00
GMP0 (0%)
Estimate List Price101
Date28-01-2024
Price101.00
GMP0 (0%)
Estimate List Price101
Date27-01-2024
Price101.00
GMP0 (0%)
Estimate List Price101
Date26-01-2024
Price101.00
GMP0 (0%)
Estimate List Price101
Date25-01-2024
Price101.00
GMP0 (0%)
Estimate List Price101

IPO Important Dates

IPO Open Date
Wednesday, January 31, 2024
IPO Close Date
Friday, February 2, 2024
Basis of Allotment
Monday, February 5, 2024
Initiation of Refunds
Tuesday, February 6, 2024
Credit of Shares to Demat
Tuesday, February 6, 2024
Listing Date
Wednesday, February 7, 2024
Cut-off time for UPI mandate confirmation
5 PM on February 2, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1200
Amount₹121,200
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹121,200
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹242,400

Financial Information

Period EndedPeriod Ended
15 Oct 202315 Oct 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
15 Oct 20231,067.69
31 Mar 2023742.16
31 Mar 2022491.96
Period EndedRevenue
15 Oct 2023451.90
31 Mar 20231,500.60
31 Mar 2022968.57
Period EndedProfit After Tax
15 Oct 202317.30
31 Mar 202351.96
31 Mar 2022-3.68
Period EndedNet Worth
15 Oct 2023203.30
31 Mar 2023249.41
31 Mar 2022183.74
Period EndedReserves and Surplus
15 Oct 202318.42
31 Mar 2023
31 Mar 2022
Period EndedTotal Borrowing
15 Oct 2023630.91
31 Mar 2023297.48
31 Mar 2022273.06

Key Performance Indicator

ROE
23.99%
ROCE
46.89%
Debt/Equity
1.19
RoNW
20.83%
P/BV
1.42
EPS (Rs)
2.81

IPO Reservation

Anchor Investor Shares Offered
-
Market Maker Shares Offered
44,400 (5.56%)
Other Shares Offered
376,800 (47.22%)
Retail Shares Offered
376,800 (47.22%)
Total Shares Offered
798,000 (100%)

Information about company

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.

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App