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GPGPSLListed

Gabriel Pet Straps Limited

Fixed Price Issue IPO · BSE

Price band
₹101 - ₹101
Lot size
1,200 shares
Issue amount
₹8.06 cr
Total subscription
246.26×
Current price₹78
Listing price ₹115
Watch live price ↗
Opens
31 Jan 2024
Closes
2 Feb 2024
Allotment
5 Feb 2024
Listing
7 Feb 2024

Offer at a glance

Issue overview

Issue size
7,98,000 shares
Face value
₹10 Per Equity Share
Minimum investment
₹1,21,200
Fresh issue
₹8.06 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,21,200
Issue type
Fixed Price Issue IPO
Shares before issue
18,48,840
Shares after issue
26,46,840

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,21,200
HNI22,400₹2,42,400

Share reservation

Retail47.22%
NII(HNI)47.22%
Market Maker5.56%

Subscription & GMP

Subscription by category

Total subscribed246.26×

Missing multiples are calculated from bids and offered shares when available.

NIB369.6×
RETAIL122.92×

GMP history

0255013 Mar: ₹5020 Nov: ₹50
13 Mar₹5020 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
——

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
RETAIL3.81467.81
NIB3.811,406.59

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
-50005001,0001,5002,000Mar-21 · Revenue: 7.7Mar-21 · Profit after tax: 0Mar-21Mar-22 · Revenue: 968.57Mar-22 · Profit after tax: -3.68Mar-22Mar-23 · Revenue: 1,500.6Mar-23 · Profit after tax: 51.96Mar-23Oct-23 · Revenue: 451.9Oct-23 · Profit after tax: 17.3Oct-23
RevenueProfit after tax

Key performance indicators

MetricValues
EPS0
ROE23.99
ROCE46.89
RONW20.83
PRE IPO(PE)0
POST IPO(PE)0

Values and labels as reported in the issue data.

Company information

Company profile

Gabriel Pet Straps Limited, founded in 2020, manufactures and sells PET straps under the Gabriel brand, offering customized packaging solutions in various sizes, colors, and even printed options for industries such as cotton bales, fibers, packaging, paper, and waste cloth. The company’s manufacturing unit in Rajkot, Gujarat produces PET straps ranging from 9 mm to 32 mm in width and 0.70 mm to 1.30 mm in thickness. With a distribution network spread across 10 states, it serves customers throughout India, and as of October 31, 2023, the company employed a team of 26 people, including factory and office staff.

Promoters

Mr. Shah Jay Pareshbhai

Mr. Varasada Vimal Dayabhai

Mr. Kavathiya Vivek Dharmendrabhai

Registrar & documents

Lead manager

Shreni Shares Limited

Registered office

Plot No. 23, Radhe Industrial Area, Paddhari Bypass, Behind Reliance Petrol Pump, Jamnagar Highway, Paddhari, Rajkot - 360110

+91 8849254043

[email protected]Company website ↗

Understanding GPSL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.