Gabriel Pet Straps IPO Complete details with its Allotment date

Gabriel Pet Straps IPO Details: Gabriel Pet Straps IPO will be open for subscription from 31 Jan 2024 and it will close on 2 Feb 2024 as far the available data. they are trying to raise 8.06Cr from 7.89 lakh shares.

Gabriel Pet Straps IPO Complete details

What Gabriel pet Straps do:

Gabriel Pet Straps manufacture and export pet straps which are generally used for packaging materials like cotton bags, fiber and papers. These straps are sustainable and eco-friendly.

They have a strong hold in the market reaching across 10 Indian states which show their dominance locally. Their product range is quite extensive which include high-tensile, colored, embossed, and even printed PET straps by which they ensure that they can meet various customer needs.

Additionally they are providing complementary services like strapping tools and tensioners which provide their customers a complete packaging solution.

Potential topics need to consider as a investor

1.Financials & Growth:

Financials & GrowthDetails
Revenue and ProfitabilityAnalyze financial statements for insights into revenue growth, profitability margins, and debt levels. Assess the stability and promise of their financial performance.
Future Growth StrategiesEvaluate plans for expansion, market share capture, and product diversification. Assess the clarity and realism of their roadmap for future growth.
CompetitionAssess the competitive landscape, identifying major competitors and analyzing their strengths and weaknesses. Evaluate Gabriel Pet Straps’ differentiation strategies.

2.Industry Trends & Market Dynamics:

Industry Trends & Market DynamicsDetails
Demand for PET StrapsResearch the overall demand for PET straps in the Indian market and relevant global sectors. Explore expected market growth and factors influencing demand.
Sustainability ConcernsConsider Gabriel Pet Straps’ use of recycled materials and commitment to eco-friendly practices in response to growing consumer and regulatory focus on sustainability.
Supply Chain ResilienceAnalyze their supply chain network and raw material sourcing strategies. Assess vulnerability to disruptions or price fluctuations in the supply chain.

Gabriel Pet Straps Pro & Cons:

FactorProsCons
Market PositionLeading player in domestic PET strap marketLimited operating history
Product RangeDiverse offerings cater to various needsCompetition from established and new players
SustainabilityUse of recycled materials aligns with market trendsPotential impact on profit margins compared to competitors
Growth PotentialRecent IPO success and expansion plansDependence on single major market (India)
Financial PerformanceSteady and promising financial performanceUncertain post-listing stock price volatility
Management & GovernanceExperienced leadership teamNeed to monitor post-IPO actions and communication

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
  • General corporate purposes

Gabriel Pet Straps IPO Date and Other Details

AspectDetails
Open DateJanuary 31, 2024
Close DateFebruary 2, 2024
Issue SizeApprox. ₹8.06 Crores <br> (7,98,000 Equity Shares)
Share Price₹101 Per Share
Listing PlatformBSE SME
Retail Quota50% of the net offer
NII Quota50% of the net offer
DRHP Draft ProspectusClick Here: link to prospectus

Gabriel Pet Straps IPO important Dates:

IPO Open Date:January 31, 2024
IPO Close Date:February 2, 2024
Basis of Allotment:February 5, 2024
Refunds:February 6, 2024
Credit to Demat Account:February 6, 2024
IPO Listing Date:February 7, 2024

Gabriel Pet Straps Financial Report:

YearRevenueExpensePAT
2021₹0.08₹0.08₹0.00
2022₹9.69₹9.74₹0.04
2023₹15.01₹14.20₹0.052
Aug 2023₹4.79₹4.60₹0.013

Company Details:

CategoryDetails
Peer GroupVera Synthetic Limited
Company PromotersMr. Shah Jay Pareshbhai
Mr. Varasada Vimal Dayabhai
Mr. Kavathiya Vivek Dharmendrabhai
Gabriel Pet Straps IPO RegistrarBigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
IPO Allotment Status CheckCheck Gabriel Pet Straps IPO allotment status on Bigshare website URL. Click Here
IPO Lead ManagersShreni Shares Limited
Company AddressGabriel Pet Straps Limited Plot No. 23,
Radhe Industrial Area, Paddhari Bypass,
Behind Reliance Petrol Pump, Jamnagar Highway,
Paddhari, Rajkot – 360110
Company Phone+91 8849254043
Company Email[email protected]
Company Websitehttp://www.gabrielpetstraps.com/

frequently asked question by investor:

What is Gabriel Pet Straps IPO?

They are trying to raise ₹8.06 Crores with this IPO. Their issue is priced at ₹101 per equity share. This IPO is to be listed on BSE.

When Gabriel Pet Straps IPO will open?

NII and Retail Investors will have access to this IPO starting January 31st 2024.

What is Gabriel Pet Straps IPO Investors Portion?

Investor and Retail contributions each represent 50%.

What is Gabriel Pet Straps IPO Size?

Gabriel Pet Straps have an estimated market capitalisation of Rs8.06 crores for their IPO offering.

What is Gabriel Pet Straps IPO Price Band?

Gabriel Pet Straps IPO Price Band stands at Rs101 per equity share.

What is Gabriel Pet Straps IPO Minimum and Maximum Lot Size?

The initial public offering (IPO) bid will consist of 1200 shares valued at Rs121,200.

What is Gabriel Pet Straps IPO Listing Date?

Gabriel Pet Straps are set for their initial public offering listing date on BSE SME of February 7, 2024.

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