Gabriel Pet Straps Limited IPO
BSE SMEListed On: Feb 7, 2024 at ₹ 115.0
₹ 121200 /1200 Shares
Check Allotment31 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
timesGabriel Pet Straps Limited IPO Details
Gabriel Pet Straps Limited IPO is an SME IPO, priced at ₹101 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 7,98,000 equity shares, aggregating up to ₹8.06 crores..
The IPO bidding window is open from Jan 31, 2024 to Feb 2, 2024. The allotment is expected to be finalized on Feb 5, 2024, and the tentative listing date is Feb 7, 2024.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,21,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,42,400.
Shreni Shares Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Shreni Shares Limited will act as the market maker for this issue.
Gabriel Pet Straps Limited IPO Subscription Details
| As on | QIB / NII | Retail | |
|---|---|---|---|
| Shares Offered / Reserved | 376,800 | 376,800 | N/A |
| Day 1 - 31-01-24 06:00 PM | 0.87 x | 1.76 x | N/A x |
| Day 2 - 01-02-24 06:00 PM | 4.52 x | 18.75 x | N/A x |
| Day 3 - 02-02-24 06:00 PM | 369.60 x | 122.92 x | N/A 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
90.14ROE
23.99%ROCE
46.89%Debt/Equity
1.19RoNW
20.83%Price to Book Value
1.42Gabriel 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 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)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 69.84%
- 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.
Other Details
Gabriel Pet Straps Limited
Plot No. 23, Radhe Industrial Area, Paddhari Bypass, Behind Reliance Petrol Pump, Jamnagar Highway, Paddhari, Rajkot - 360110Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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.
