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* - Tentative Dates
The Company intends to utilize the Net Proceeds from the Issue towards funding of the following objects:
Gsm Foils Limited's revenue increased by 159% and profit after tax (PAT) rose by 414% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 19.97 | |
| Total Income | 1,338.00 | 517.50 |
| Profit After Tax | 96.51 | 18.79 |
| Net Worth | 312.43 | 11.03 |
| Reserves and Surplus | 184.31 | 16.61 |
| Amount in ₹ Crore | ||
GSM Foils Ltd is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils (also known as “Strip Foils”), used in packaging of pharmaceutical medicines like capsules and tablets both. The company offers Aluminium foils in different sizes, shapes, and thickness to meet diverse customer needs.
It is an ISO 9001:2015 certified company with the Current Good Manufacturing Practice standards for aluminium-coated blister foils, strip pharma foils, and priinted foils.
Manufacturing: The company's manufacturing facility is located at Thane, Vasai, Maharashtra, across 7,973 sq. ft, equipped with machineries, tools, and other equipments.
