Gabriel Pet Straps Limited IPO Details, date, Review, Price

Gabriel Pet Straps Limited IPO

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 DateJan 31, 2024
IPO Close DateFeb 2, 2024
IPO SizeApprox ₹[8.06] Crores
IPO Fresh IssueApprox ₹- Crores
Offer For SaleApprox 798,000 Equity Share
IPO Face Value₹10 Per Share
IPO Price Band₹101 Per Every Share
IPO Listing OnBSE and NSE
IPO Retail Quota50%
IPO NII Quota50%
IPO DiscountN/A
DRHP DraftClick here
RHP DraftClick here
Anchor InvestorClick here

GABRIEL PET STRAPS LIMITED IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum11200₹121,200
Retail Maximum11200₹121,200
S-HNI Minimum22400₹242,400

OBJECTS OF THE OFFER

Our Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  1.  Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions, and non-banking financial companies.
  2.  Acquisition of land.
  3.  Funding of capital expenditure requirements of our Company towards set up of Solar Power Plant.
  4.  General corporate purposes.

GABRIEL PET STRAPS LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open DateJan 31, 2024
IPO Close DateFeb 02, 2024
Basis of AllotmentFeb 05, 2024
RefundsFeb 06, 2024
Credit to Demat AccountFeb 06, 2024
IPO Listing DateJan 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-

  1. Mr. Shah Jay Pareshbhai
  2. Mr. Varasada Vimal Dayabhai
  3. 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 EndedBasic EPS (in ₹)Diluted EPS (in ₹)Weight
March 31, 202314.8414.843
March 31, 20221.051.052
March 31, 2021001
Weighted Average7.077.07-

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

Leave a Comment

Facebook
Twitter
WhatsApp
Telegram
LinkedIn