OUR BUSINESS
Our Company was originally formed as a Limited Liability Partnership Firm under the name and style of “M/s. Gabriel Pet Straps LLP” on November 12, 2020, bearing Registration No. AAU-6830. Thereafter, our Company was converted into a public limited company “M/s. Gabriel Pet Straps Limited” on August 03, 2023,
Our Company is engaged in the manufacturing and selling of Pet Straps under our brand name of “Gabriel” widely used in the packaging of heavy materials. We produce Pet Straps from 9mm to 32mm in width and thickness ranging from 0.70mm to 1.30mm.
Our product, pet straps are manufactured in appropriate composition of virgin content raw material i.e., hot washed pet bottle flakes, and non-virgin content raw material i.e. used pet straps grinding. We aspire to keep improving our products, backed with innovative new technologies to provide a great experience to our customers.
GABRIEL PET STRAPS LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date Jan 31, 2024 IPO Close Date Feb 2, 2024 IPO Size Approx ₹[8.06] Crores IPO Fresh Issue Approx ₹- Crores Offer For Sale Approx 798,000 Equity Share IPO Face Value ₹10 Per Share IPO Price Band ₹101 Per Every Share IPO Listing On BSE and NSE IPO Retail Quota 50% IPO NII Quota 50% IPO Discount N/A DRHP Draft Click here RHP Draft Click here Anchor Investor Click here
GABRIEL PET STRAPS LIMITED IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 1 1200 ₹121,200 Retail Maximum 1 1200 ₹121,200 S-HNI Minimum 2 2400 ₹242,400
OBJECTS OF THE OFFER
Our Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions, and non-banking financial companies.
- Acquisition of land.
- Funding of capital expenditure requirements of our Company towards set up of Solar Power Plant.
- General corporate purposes.
GABRIEL PET STRAPS LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
IPO Open Date Jan 31, 2024 IPO Close Date Feb 02, 2024 Basis of Allotment Feb 05, 2024 Refunds Feb 06, 2024 Credit to Demat Account Feb 06, 2024 IPO Listing Date Jan 30, 2024
GABRIEL PET STRAPS LIMITED FINANCIAL REPORT
₹ in Crores Year Revenue Total Assets PAT 2023 ₹1,500.60 ₹742.16 ₹51.96 2022 ₹968.57 ₹491.96 ₹-3.68 2021 ₹7.70 ₹106.64
OUR PROMOTERS
The promoters of our Company are-
- Mr. Shah Jay Pareshbhai
- Mr. Varasada Vimal Dayabhai
- Mr. Kavathiya Vivek Dharmendrabhai
QUALITATIVE FACTOR
Some of the qualitative factors and our strengths which form the basis for the Issue price are:
- Management Experience.
- Quality Assurance.
- Existing relationship with suppliers.
- Customer base across geographies and industries.
- Location of the manufacturing unit, in-house manufacturing facility with equipped machines and processes.
- Optimal Utilization of Resources.
- Scalable Business Model.
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 14.84 14.84 3 March 31, 2022 1.05 1.05 2 March 31, 2021 0 0 1 Weighted Average 7.07 7.07 -
GABRIEL PET STRAPS LIMITED COMPANY CONTACT DETAILS
Plot No. 23, Radhe Industrial Area,
Paddhari Bypass, Behind Reliance Petrol Pump,
Jamnagar Highway, Paddhari,
Rajkot- 360110, Gujarat, India.
Tel No.: +91 88492 54043
Email: investors@gabrielpetstraps.com
Website: https://www.gabrielpetstraps.com/
GABRIEL PET STRAPS LIMITED IPO REGISATR
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
