IPO Issue Details
Issue Price / Price Band₹49 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size27,00,000 shares (aggregating up to ₹13.23 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 28 Jun 2023
Subscription CloseMon, 03 Jul 2023
Anchor AllotmentTue, 27 Jun 2023
Basis of AllotmentThu, 06 Jul 2023
Initiation of RefundsFri, 07 Jul 2023
Credit of Shares to DematMon, 10 Jul 2023
Listing DateMon, 10 Jul 2023
UPI Mandate Deadline2023-07-03
Application & Investment Details
Retail — Min (1 Lots)₹1,47,000 — 3,000 shares
Retail — Max (13 Lots)₹1,911,000 (13 Lots)
HNI — Min (2 Lots)₹2,94,000 — 6,000 shares
EPS (Pre-IPO)₹1.71
P/E Ratio (Pre-IPO)23x
Net Offer to Public25,62,000 shares (aggregating up to ₹12.55 Cr)
Reserved for Market Maker1,38,000 shares (aggregating up to ₹0.6762 Cr)
Pre-IPO Promoter Holding70,87,408 shares
Post-IPO Promoter Holding97,87,408 shares
About Global Pet Industries Ltd.
Incorporated in 2013, Global Pet Industries Limited is a manufacturer and exporter of Two Stage PET Stretch Blow Moulding Machines.PET Stretch Blow Moulding Machine is used for manufacturing machines that are suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc.Apart from manufacturing PET Stretch Blow Moulding Machines, the company also provides after-sales services such as providing spares, components, and accessories and providing repairs and maintenance of the machines after delivery.The company has 2 manufacturing units, both located in Palghar, Maharashtra.Global Pet Industries have two business divisions (i) domestic sales; and (ii) exports. It has a presence in 19 states for its domestic market based on sales made for the period ending December 31, 2022. Internationally, it supplies products in 19 countries including Cameroon, the Central African Republic, Ghana, Haiti, Kenya, Mozambique, Nigeria, Nepal, Qatar, South Africa, Tanzania, Tunisia, UAE, Uganda, Liberia, the United States of America, Bhutan, Zambia and Zimbabwe based on sales made for the period ended December 31, 2022.
Objects of the Issue
Global Pet Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding Capital Expenditure towards construction of factory building; and
9.44
2
General corporate purposes
3.29
Shareholding & Lock-in
Pre-IPO Promoter Holding
70,87,408 shares
Post-IPO Promoter Holding
97,87,408 shares