Gabriel Pet Straps Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

31 Jan 2024

Close Date

02 Feb 2024

Allotment

05 Feb 2024

Listing Date

07 Feb 2024

Exchange

BSE SME

Price Band

₹101

Listing Price

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Allotment Status

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Price Band

₹101

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

7,98,000 shares (aggregating up to ₹8.06 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹121,200

1 lot

Pre-IPO Holding

18,48,840 shares

Promoters

Post-IPO Holding

26,46,840 shares

Promoters

P/E (Pre)

35.94x

P/E (Post)

90.14x

EPS (Pre)

₹2.81

EPS (Post)

₹1.12

UPI Deadline

2024-02-02

Mandate

Anchor AllotmentTue, 30 Jan 2024

Basis of AllotmentMon, 05 Feb 2024

Refund InitiationTue, 06 Feb 2024

Demat CreditTue, 06 Feb 2024

Listing DayWed, 07 Feb 2024

UPI Mandate Deadline2024-02-02

Sale TypeFresh Capital

Net Offer to Public7,53,600 shares (aggregating up to ₹7.61 Cr)

Market Maker Quota44,400 shares (aggregating up to ₹0.4484 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Gabriel Pet Straps Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Feb 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	44,400	—	₹0.45
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	798,000	100%	₹8.06

IPO Shares Offered

Gabriel Pet Straps Ltd IPO total issue size: ₹8.06 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	44,400	₹0.45	5.56%
Total	798,000	₹8.06	100.00%

* Based on upper price band ₹101 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹101.00

Upper Band

Min Investment

₹121,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹242,400
Retail (Max — 13 Lots)	13	15,600	₹1,575,600
S-HNI (Min — 14 Lots)	14	16,800	₹1,696,800
B-HNI (Min — 68 Lots)	68	81,600	₹8,241,600

* Issue Price ₹101 × Lot Size 1,200 shares

IPO Schedule

Anchor

30 Jan 2024

✓ Done

IPO Open

31 Jan 2024

✓ Done

IPO Close

02 Feb 2024

✓ Done

Allotment

05 Feb 2024

✓ Done

Refunds

06 Feb 2024

✓ Done

Demat Credit

06 Feb 2024

✓ Done

Listing Day

07 Feb 2024

✓ Done

₹101.00

INR · BSE

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Issue ₹101.00 Live Price

About Gabriel Pet Straps Ltd

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.

Objects of the Issue

Repayment or prepayment, in full or in part, of borrowings availed by the company from banks, financial institutions and non-banking financial companies

Acquisition of land

Funding of capital expenditure requirements of the company towards set up of Solar Power Plant; and

General corporate purposes.

Gabriel Pet Straps Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹968.6

31 Mar 2022

₹1,500.6

31 Mar 2023

₹451.9

15 Oct 2023

Profit After Tax (PAT)

-₹3.7

31 Mar 2022

₹52.0

31 Mar 2023

₹17.3

15 Oct 2023

Particulars	15 Oct 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	451.90	1500.60	968.57
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	17.30	51.96	-3.68
Net Worth	203.30	249.41	183.74
Total Assets	1067.69	742.16	491.96
Reserves & Surplus	18.42	N/A	N/A
Borrowings	630.91	297.48	273.06
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

1.42

RoE

23.99%

RoCE

46.89%

RoNW

20.83%

Debt/Equity

1.19

Issue Structure & Shareholding

Total Shares Offered7,98,000 (100.00%)

Net Offer to Public7,53,600 shares (aggregating up to ₹7.61 Cr)

Reserved for Market Maker44,400 shares (aggregating up to ₹0.4484 Cr)

Pre-Issue Promoter Holding18,48,840 shares

Post-Issue Promoter Holding26,46,840 shares

P/BV Ratio1.42

RoE23.99%

RoCE46.89%

Debt / Equity1.19

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Shreni Shares Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Gabriel Pet Straps Ltd IPO subscribed? ▲

Gabriel Pet Straps Ltd IPO is subscribed 1.00 times by Feb 02, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Gabriel Pet Straps Ltd IPO retail subscription status? ▼

The Gabriel Pet Straps Ltd IPO retail category is subscribed 1.00 times as of 02 Feb 2024. The retail portion is oversubscribed.

How to subscribe Gabriel Pet Straps Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 31 Jan 2024 and closes 02 Feb 2024. Min investment: ₹121,200 (1 lot = 1,200 shares). UPI mandate: 2024-02-02.

How many times Gabriel Pet Straps Ltd IPO subscribed? ▼

The Gabriel Pet Straps Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Gabriel Pet Straps Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Feb 2024. Refunds: on 06 Feb 2024.

When Gabriel Pet Straps Ltd IPO will be listed? ▼

The Gabriel Pet Straps Ltd IPO listing date is 07 Feb 2024, Wednesday. Listed on: BSE SME. Issue price: ₹101. Estimated listing: ₹101. GMP: NIL.

When Gabriel Pet Straps Ltd IPO close? ▼

The Gabriel Pet Straps Ltd IPO closes on 02 Feb 2024, Friday. UPI mandate: 2024-02-02. Allotment: 05 Feb 2024. Listing: 07 Feb 2024.

Quick Actions

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Live Price LIVE

Last Price₹101.00

Change—

Issue Price₹101.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹101

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹121,200

GMPNIL

Est. Listing₹101

Subscribed1.00x

Open Date31 Jan 2024

Close Date02 Feb 2024

Allotment05 Feb 2024

Listing Date07 Feb 2024

ExchangeBSE SME

UPI Deadline2024-02-02