The Gabriel Pet Straps IPO date has been confirmed from January 31, 2024, and closes on February 2, 2024. Read the post to learn about Gabriel Pet Straps IPO GMP.
Gabriel Pet Straps Developers’ IPO has a fixed price of Rs 8.06 crore. The price is ₹ 101 per share. The minimal lot size for an operation is 1200 Shares. The minimal quantum of investment needed by retail investors is ₹ 121,200. The minimal lot size investment for HNI is 2 lots( 2,400 shares) amounting to ₹ 242,400.
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Key Details Of Gabriel Pet Straps IPO:
Bidding Dates
Jan 31-Feb 2
Price Range
₹101 per share
Face Value
₹10 per share
GMP
₹50
Gabriel Pet Straps IPO GMP
The Gabriel Pet Straps IPO GMP Today is ₹50.
Gabriel Pet Straps IPO Overview
Gabriel Pet Straps’ IPO is a fixed- price immolation worth Rs8.06 crore. The issue is entirely fresh, with 7.98 lakh shares issued. Gabriel Pet Straps’ original public immolation( IPO) subscriptions on January 31, 2024 and end on February 2, 2024. The allotment for Gabriel Pet Straps’ IPO is anticipated to be perfected and completed on Monday, February 5, 2024. Gabriel Pet Straps’ original public immolation( IPO) will be listed on BSE SME on Wednesday, February 7, 2024. Gabriel Pet Straps’ IPO price is ₹ 101/ share.
The minimal lot size for an operation is 1200 shares. The minimal investment for retail investors is ₹ 121,200. The minimal investment for HNI is 2 lots( 2,400 shares) worth ₹ 242,400. As of October 31, 2023, the establishment employed 26 people at its product installation and office.
Gabriel Pet Straps IPO Details
| IPO Date | January 31, 2024 to February 2, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹101 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 798,000 shares (aggregating up to ₹8.06 Cr) |
| Fresh Issue | 798,000 shares (aggregating up to ₹8.06 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,848,840 |
| Share holding post issue | 2,646,840 |
| Market Maker portion | 44,400 shares |
Gabriel Pet Straps Limited Financial Information
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,067.69 | 742.16 | 491.96 | 106.64 |
| Revenue | 451.90 | 1,500.60 | 968.57 | 7.70 |
| Profit After Tax | 17.30 | 51.96 | -3.68 | |
| Net Worth | 203.30 | 249.41 | 183.74 | 98.19 |
| Reserves and Surplus | 18.42 | |||
| Total Borrowing | 630.91 | 297.48 | 273.06 | |
| Amount in ₹ Lakhs | ||||
Gabriel Pet Straps IPO Timeline
| IPO Open Date | Wednesday, January 31, 2024 |
| IPO Close Date | Friday, February 2, 2024 |
| Basis of Allotment | Monday, February 5, 2024 |
| Initiation of Refunds | Tuesday, February 6, 2024 |
| Credit of Shares to Demat | Tuesday, February 6, 2024 |
| Listing Date | Wednesday, February 7, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 2, 2024 |
Company Profile
Gabriel Pet Straps Limited was established in 2020 and manufactures and sells Pet Straps under the brand name Gabriel for the packaging of heavy particulars. The company provides custom-made packaging results in a variety of sizes and colors, as well as the option of printing directly on the strapping, for diligence similar as cotton bales, filaments, packaging, paper, waste cloth, and so on. Gabriel Pet Straps’ product installation is located in Rajkot, Gujarat. The company produces precious strips ranging in range from 9 mm to 32 mm and consistent from 0.70 mm to 1.30mm. Gabriel
operates throughout India and has a distribution network in ten countries for domestic deals.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Gabriel Pet Straps Limited |
| Phone number | +91 8849254043 |
| Email ID | [email protected] |
| Website | gabrielpetstraps.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Gabriel Pet Straps IPO FAQs
When Gabriel Pet Straps IPO will open?
The Gabriel Pet Straps IPO opens on January 31, 2024 and closes on February 2, 2024.
What is the lot size of Gabriel Pet Straps IPO?
Gabriel Pet Straps IPO lot size is 1200 Shares, and the minimum amount required is ₹121,200.
When is Gabriel Pet Straps IPO allotment?
The finalization of Basis of Allotment for Gabriel Pet Straps IPO will be done on Monday, February 5, 2024, and the allotted shares will be credited to your demat account by Tuesday, February 6, 2024.
When is Gabriel Pet Straps IPO listing date?
The Gabriel Pet Straps IPO listing date is not yet announced. The tentative date of Gabriel Pet Straps IPO listing is Wednesday, February 7, 2024.
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