Issue Price
₹101
Per Share
GMP
NIL
Grey Market
Est. Listing
₹101
Expected Price
Min. Application
₹242,400
2 lots × 1200 shares
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.
Gabriel Pet Straps Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 44,400 | — | ₹0.45 Cr | — |
| TOTAL | 798,000 | 100.00% | ₹8.06 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹121,200 |
| Retail (Max) | 13 | 15,600 | ₹1,575,600 |
| sNII (Min) | 14 | 16,800 | ₹1,696,800 |
| bNII (Min) | 68 | 81,600 | ₹8,241,600 |
| 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 |
| Total Borrowings | 630.91 | 297.48 | 273.06 |