Gabriel Pet Straps Limited IPO
BSE SMEListed On: Feb 7, 2024 at ₹ 115.0
₹ 121200 /1200 Shares
Check AllotmentGabriel Pet Straps Limited IPO Details
31 Jan, 2024
Open Date02 Feb, 2024
Close Date05 Feb, 2024
Allotment Date07 Feb, 2024
Listing DateIssue Price
₹101 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
115.0Listing Date
2024-02-07Market Lot
1200 Shares (₹121,200/-)Lead Manager
Shreni Shares LimitedIssue Size
798,000 shares(aggregating up to ₹8.06 Cr)Retail Portion
50%Subscription
246.26 timesIPO Docs
DRHPGabriel Pet Straps Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 376,800 | 376,800 | 753,600 |
| Day 1 - 31-01-24 06:00 PM | 0.87 x | 1.76 x | 1.31 x |
| Day 2 - 01-02-24 06:00 PM | 4.52 x | 18.75 x | 11.64 x |
| Day 3 - 02-02-24 06:00 PM | 369.60 x | 122.92 x | 246.26 x |
Gabriel Pet Straps Limited Valuations
EPS Pre IPO
₹2.81/-EPS Post IPO
₹1.12/-P/E Pre IPO
35.94P/E Post IPO
90.14RoNW
20.83%Gabriel Pet Straps Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 742.16 | 491.96 | 106.64 |
| Revenue | 1,500.60 | 968.57 | 7.70 |
| Profit After Tax | 51.96 | -3.68 | N/A |
About The 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.
Gabriel Pet Straps Limited - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 69.84%
Company Promoter(s)
- Mr. Shah Jay Pareshbhai
- Mr. Varasada Vimal Dayabhai
- Mr. Kavathiya Vivek Dharmendrabhai
Gabriel Pet Straps Limited IPO - Issue Objectives
- 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
- General corporate purposes.
Gabriel Pet Straps Limited IPO - FAQs
Ans. Gabriel Pet Straps Limited IPO is a SME IPO. The issue is priced at ₹101 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jan 31, 2024, and closes on Feb 2, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Gabriel Pet Straps Limited IPO opens on Jan 31, 2024 and closes on Feb 2, 2024.
Ans. The size of Gabriel Pet Straps Limited IPO is 798,000 shares(aggregating up to ₹8.06 Cr).
Ans. The IPO price band is set between ₹101 per equity share.
Ans. To apply for Gabriel Pet Straps Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Gabriel Pet Straps Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Gabriel Pet Straps Limited IPO is Feb 5, 2024.
Ans. The Gabriel Pet Straps Limited IPO will be listed on Feb 7, 2024.
Ans. Follow the steps to check the allotment status for Gabriel Pet Straps Limited IPO here.
