Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Gabriel Pet Straps Limited IPO is going to open soon. So I will give you complete information about Gabriel Pet Straps Limited IPO here on IPO India.
On this article I will inform you about Gabriel Pet Straps Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Gabriel Pet Straps Limited
Established in 2020, Gabriel Pet Straps Limited specializes in the manufacture and sale of pet straps, sold under the Gabriel brand name, specially designed to securely package heavy materials.
The company offers customized packaging solutions in various sizes and colors with the added facility of direct printing on strapping. These solutions cater to various industries like cotton bales, fiber, packaging, paper, waste textiles and more.
Located in Rajkot, Gujarat, Gabriel Pet Straps’ manufacturing facility manufactures pet straps in widths ranging from 9 mm to 32 mm and thicknesses from 0.70 mm to 1.30 mm.
Gabriel extends its operations across India, maintaining a distribution network in 10 states to serve the domestic market.
As of October 31, 2023, the company had a workforce of 26 individuals, including both factory and office employees.
Gabriel Pet Straps Limited IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About Gabriel Pet Straps Limited IPO
Here is some information about Gabriel Pet Straps Limited IPO which will help you in making a decision to invest in Gabriel Pet Straps Limited IPO. It appears to be a book-built offer with a total value of ₹8.06 crore, including entirely a fresh issue of 7.98 lakh shares.
Summary of the key details
- Issue Size: Rs 8.06 crores
- Offer for Sale: 7.98 Lakhs shares
- Subscription Period: January 31, 2024 to February 2, 2024
- Allotment Date: February 05, 2024
- Listing Date: February 07, 2024
Price Range of Gabriel Pet Straps Limited IPO
- ₹101 per share
Lot Size of Gabriel Pet Straps Limited IPO
- Minimum Lot: 1200 Shares.
- Minimum Investment for Retail Investors: ₹121,200
Minimum Lot Size Investments for Gabriel Pet Straps Limited IPO
- HNI: 2 lots (2400 shares), amounting to ₹242,400
This information provides potential investors with the details they need to participate in the Gabriel Pet Straps Limited IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
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Gabriel Pet Straps Limited IPO
| Open Date | January 31, 2024 |
| Close Date | February 02, 2024 |
| Allotment Date | February 05, 2024 |
| Listing Date | February 07, 2024 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹101 Per Equity Share |
| Issue Size | 798,000 shares (Aggregating up to ₹8.06 Cr) |
| Market Lot (Min. Amount) | Retail: 1200 Shares (₹121,200/-) |
| Listing at Group(s) | BSE SME |
| Lead Manager | Sherni Shares Limited |
| Register | Bigshare Services Pvt Ltd |
| Retail Portion | 50% |
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Valuations of Gabriel Pet Straps Limited IPO
| Earnings Per Share (EPS Pre IPO) | ₹2.81/- |
| Earnings Per Share (EPS Post IPO) | ₹1.12/- |
| P/E Ratio Pre IPO | 35.94 |
| P/E Ratio Post IPO | 90.14 |
| RoNW | 20.83% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Gabriel Pet Straps Limited Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 15 Oct 2023 | 1,067.69 | 451.90 | 17.30 | 203.30 | 18.42 | 630.91 |
| 31 Mar 2023 | 742.16 | 1,500.60 | 51.96 | 249.41 | 297.48 | |
| 31 Mar 2022 | 491.96 | 968.57 | -3.68 | 183.74 | 273.06 | |
| 31 Mar 2021 | 106.64 | 7.70 | 98.19 |
Promoter(s)
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 69.84% |
Company Promotor(s):-
- Mr. Shah Jay Pareshbhai
- Mr. Varasada Vimal Dayabhai
- Mr. Kavathiya Vivek Dharmendrabhai
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 23.99% |
| ROCE | 46.89% |
| Debt/ Equity | 1.19 |
| RoNW | 20.83% |
| P/BV | 1.42 |
Issue Objective(s)
- Repayment pt 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 toward set up Solar Power Plant
- General corporate Purposes
Gabriel Pet Straps Limited IPO Registrar
| Name | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/ipo_status.html |
Gabriel Pet Straps Limited IPO Review
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Conclusion
In conclusion, Gabriel Pet Straps Limited IPO presents an attractive investment opportunity for those looking to diversify their portfolio in the growing packaging industry. Gabriel Pet Straps has positioned itself as a key player in the market, focusing on the manufacture and sale of pet straps designed for the secure packaging of heavy materials. The company’s commitment to a diverse range of applications in industries such as customized packaging solutions, direct printing on strapping and cotton bales, fiber, packaging, paper and waste textiles, reflects its versatility and shows potential for continued growth.
Investors considering to participate in Gabriel Pet Straps Limited IPO should note key details including issue size of ₹8.06 crore, offer for sale of 7.98 lakh shares and subscription period from January 31, 2024 to February 2, 2024. The IPO is priced at ₹101 per share, with a minimum lot size of 1200 shares, which translates to a minimum investment of ₹121,200 for retail investors.
While financials and valuations indicate positive indicators such as reasonable P/E ratios and healthy returns on net worth (RoNW), it is important for potential investors to do their own research and consider the associated risks before making investment decisions. As always, it is recommended to seek advice from financial professionals to make well-informed choices in the dynamic landscape of IPO investments.
Gabriel Pet Straps Limited IPO FAQs
When Gabriel Pet Straps Limited IPO is coming?
The Gabriel Pet Straps IPO opens on January 31, 2024 and closes on February 2, 2024.
What is the lot size of Gabriel Pet Straps Limited IPO?
Gabriel Pet Straps IPO lot size is 1200 Shares, and the minimum amount required is ₹121,200.
When Gabriel Pet Straps Limited IPO Allotment?
The finalization of Basis of Allotment for Gabriel Pet Straps IPO will be done on Monday, February 5, 2024, and the allotted shares will be credited to your demat account by Tuesday, February 6, 2024.