| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹8.06 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹8.06 Cr |
| Fresh Issue | ₹7.61 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน101.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544108 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Shreni Shares Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | ||||
| KPI | |
|---|---|
| ROE | 23.99% |
| ROCE | 46.89% |
| Debt / Equity | 1.19% |
| RoNW | 20.83% |
| PAT Margin | 3.46% |
| Price to Book Value | 1.42 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.81 | 1.12 |
| P/E (x) | 35.94 | 90.14 |
| Promoter Holding | 100.00% | 69.84% |
| Market Cap | โน26.73 Cr. | |