Gabriel Pet Straps Limited IPO

Gabriel Pet Straps Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹101 per share. The stock debuted at ₹115, delivering a listing gain of 13.9%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,21,200.

Gabriel Pet Straps Limited IPO

BSE SME Listed
₹1,21,200 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 31, 2024 – Feb 2, 2024
Price band
₹101 per equity share
Minimum Investment
₹1,21,200
Issue size
₹8.06 Cr
Lot size
1200
Allotment Date
Feb 5, 2024
Listing
Feb 7, 2024
Listing At
BSE SME

IPO timeline

  1. Jan 31, 2024

    Open Date

    Completed

  2. Feb 2, 2024

    Close Date

    Completed

  3. Feb 5, 2024

    Allotment Date

    Completed

  4. Feb 7, 2024

    Listing Date

    Completed

Gabriel Pet Straps Limited IPO Essentials

Gabriel Pet Straps Limited IPO Details

Gabriel Pet Straps Limited IPO is priced at ₹101 per share with a total issue size of 8.06 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.

Issue price
₹101 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
798,000 shares(aggregating up to ₹8.06 Cr)
Total issue size
7,98,000 shares
(aggregating up to ₹8.06 crore)
Fresh issue
7,98,000 shares
(aggregating up to ₹8.06 crore)
Listing at
BSE SME
List price
115.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Shreni Shares Limited

Market Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1200 ₹1,21,200
Retail(max) 1 1200 ₹1,21,200
NII (min) 2 2,400 ₹2,42,400

Gabriel Pet Straps Limited IPO Documents

Gabriel Pet Straps Limited IPO Reservation

Gabriel Pet Straps Limited IPO reservation details show category-wise allocation of shares. Out of the total 798,000 shares, approximately 47.22% for retail investors, and 5.56% for market maker.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered NA (NA%)
Market Maker Shares Offered 44,400 (5.56%)
Retail Shares Offered 376,800 (47.22%)
Total Shares Offered 798,000 (100%)

Gabriel Pet Straps Limited IPO Analytics

Gabriel Pet Straps Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Gabriel Pet Straps Limited IPO Subscription Status

Gabriel Pet Straps Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS Pre IPO
₹2.81/-
EPS Post IPO
₹1.12/-
P/E Pre IPO
35.94
P/E Post IPO
90.14

Returns

ROE
23.99%
ROCE
46.89%
RoNW
20.83%

Fundamentals

Debt / Equity
1.19
Price / Book
1.42

Data sourced from DRHP / RHP • For educational purposes only

Gabriel Pet Straps Limited Financials( In Lakhs)

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

Gabriel Pet Straps Limited Company & Offer Insights

About Gabriel Pet Straps Limited

Gabriel Pet Straps Limited is an Indian company, which was incorporated in the year 2020 and has its own brand named Gabriel. It is manufacturing and selling Pet Straps under the above-mentioned brand for the packaging of heavy materials.

The company provides custom-made packaging solutions in all sizes and colours. They also provide a value added feature of printing directly on the strapping for industries such as cotton bales, fibres, packaging, paper, waste cloth, etc.

The manufacturing unit of Gabriel Pet Straps is at Rajkot, Gujarat. The units make pet straps in widths between 9 mm and 32 mm and thicknesses between 0.70 mm and 1.30 mm.

Gabriel has operations throughout India and has a distribution network in 10 states for the domestic market.

The company had 26 employees (laborers included) in its factory and office as on October 31, 2023.

Gabriel Pet Straps Limited Promoter(s)

Mr. Shah Jay Pareshbhai, Mr. Varasada Vimal Dayabhai, Mr. Kavathiya Vivek Dharmendrabhai are the company's promoters of Gabriel Pet Straps Limited.

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 - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Gabriel Pet Straps Limited 2.81 2.81 71.26 35.94 20.83 1.42 Standalone
Vera Synthetic Limited 3.69 N/A 38.77 N/A 9.51 N/A Standalone

Notes:

  1. CMP and P/E Ratio has been mentioned as NA as scripts of Vera Synthetic Limited have not traded in the last one year from November 15, 2023.
  2. The Issue Price determined by Gabriel Pet Straps Limited in consultation with the Lead Manager is justified by our Company in consultation with the Lead Manager on the basis of the above parameters.

Contact Information

Contact Details

Gabriel Pet Straps Limited

+91 8849254043

investors@gabrielpetstraps.com

http://www.gabrielpetstraps.com/

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

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Gabriel Pet Straps Limited IPO is a Fixed Priced IPO worth ₹8.06 crore. The issue price is ₹101 per share (fixed price). The IPO opens on Jan 31, 2024 and closes on Feb 2, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Gabriel Pet Straps Limited IPO is ₹101 per share (fixed price).

The lot size of Gabriel Pet Straps Limited IPO is 1200 shares.

The minimum investment for Gabriel Pet Straps Limited IPO is approximately ₹1,21,200 based on the issue price .

Gabriel Pet Straps Limited IPO opens on Jan 31, 2024 and closes on Feb 2, 2024.

The allotment date of Gabriel Pet Straps Limited IPO is Feb 5, 2024.

Gabriel Pet Straps Limited IPO is expected to be listed on Feb 7, 2024, on BSE SME Platform.

Gabriel Pet Straps Limited IPO valuation snapshot: P/E 90.14, EPS ₹1.12/-, P/B 1.42, RoNW 20.83%, and market cap N/A.

To apply for Gabriel Pet Straps Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Gabriel Pet Straps Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Gabriel Pet Straps Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Gabriel Pet Straps Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Gabriel Pet Straps Limited IPO allotment status on IPO Ji for quick and easy access.