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Open
31 Jan to 2 Feb, 2024
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Close
31 Jan to 2 Feb, 2024
3
Allotment
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Listing
Wed, Feb 7, 2024
Price Band
₹101 per share
Issue Size
7,98,000 shares (agg. up to ₹8 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Feb 7, 2024
Latest GMP
₹50
Est. Gain
49.5%
✦ AI Insight
GMP Trend
07-02-2024₹50Est. ₹151+49.5%
06-02-2024₹50Est. ₹151+49.5%
05-02-2024₹50Est. ₹151+49.5%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 244.69x |
Restated Financials (₹ Cr.)
| Period Ended | 15 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 10.68 | 7.42 | 4.92 | 1.07 |
| Total Income | 4.52 | 15.01 | 9.69 | 0.08 |
| Profit After Tax | 0.17 | 0.52 | -0.04 | |
| NET Worth | 2.03 | 2.49 | 1.84 | 0.98 |
| Reserves and Surplus | 0.18 | |||
| Total Borrowing | 6.31 | 2.97 | 2.73 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Megatherm Induction Ltd. | SME | ₹53.91 Cr | ₹108 | 10.68 | ₹207.90 | +92.50% | ₹223.35 (-1.61%) |
| Siyaram Recycling Industries Ltd. | SME | ₹22.96 Cr | ₹46 | 8.3 | ₹57.75 | +25.54% | ₹40.42 (-2.18%) |
| Holmarc Opto-Mechatronics Ltd. | SME | ₹11.40 Cr | ₹40 | 8.09 | ₹68.50 | +71.25% | ₹109.00 (+1.87%) |
| Meson Valves India Ltd. | SME | ₹31.09 Cr | ₹102 | 15.47 | ₹203.45 | +99.46% | ₹216.35 (-1.99%) |
| Jiwanram Sheoduttrai Industries Ltd. | SME | ₹17.07 Cr | ₹23 | 9.91 | ₹28.50 | +23.91% | ₹5.15 (-1.90%) |
| Alphalogic Industries Ltd. | SME | ₹12.88 Cr | ₹96 | 22.3 | ₹96.29 | +0.30% | ₹141.00 (-6.62%) |
| Auro Impex & Chemicals Ltd. | SME | ₹27.07 Cr | ₹78 | 12.07 | ₹75.70 | -2.95% | ₹25.45 (+1.19%) |
| Srivasavi Adhesive Tapes Ltd. | SME | ₹15.50 Cr | ₹41 | 16.08 | ₹42.00 | +2.44% | ₹89.95 (-4.66%) |
| Sealmatic India Ltd. | SME | ₹56.24 Cr | ₹225 | 18.75 | ₹236.25 | +5.00% | ₹391.05 (-0.66%) |
| Inox India Ltd. | Mainboard | ₹1,459.32 Cr | ₹660 | 39.22 | ₹939.95 | +42.42% | ₹1,980.20 (-0.77%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks, financial institutions and non-banking financial companies | 1.73 |
| 2 | Acquisition of land | 1.98 |
| 3 | Funding of capital expenditure requirements of the Company towards set up of Solar Power Plant | 2.93 |
| 4 | General Corporate Purpose | 0.74 |
About Gabriel Pet Straps IPO
Gabriel Pet Straps Limited was founded in 2020 and manufactures and sells Pet Straps under the brand name Gabriel for the packaging of heavy materials. The company offers tailor-made packaging solutions in various sizes and colors, as well as the additional option of printing directly on the strapping, for various industries such as cotton bales, fibres, packaging, paper, waste cloth, etc. The manufacturing facility of Gabriel Pet Straps is located in Rajkot, Gujarat. The company manufactures pet straps in widths ranging from 9 mm to 32 mm and thicknesses from 0.70 mm to 1.30 mm. Gabriel operates across India and has a distribution network in 10 states for the domestic market. As of October 31, 2023, the company employed 26 people (including laborers) in its factory and office.+ Read More
Contact Details
Gabriel Pet Straps Ltd. AddressPlot No.23, Radhe Industrial AreaPaddhari Bypass, Behind Reliance Petrol PumpJamnagar Highway, PaddhariRajkot, Gujarat, 360110+91 8849254043investors@gabrielpetstraps.comVisit Website