Gabriel Pet Straps Limited 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 IPO – Details
| IPO Opening Date | 31 January 2024 |
| IPO Closing Date | 02 February 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 7,98,000 Shares Worth ₹8.06 Crore Fresh Issue: 7,98,000 Shares Worth ₹8.06 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹101 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Gabriel Pet Straps IPO – Date Schedule
| IPO Open Date | 31 January 2024 |
| IPO Close Date | 02 February 2024 |
| Basis of Allotment | 05 February 2024 |
| Initiation of Refund | 06 February 2024 |
| Credit of Shares to Demat Account | 06 February 2024 |
| IPO Listing Date | 07 February 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on 02 February 2024 |
Gabriel Pet Straps IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | 1,21,200 |
| Retail (Maximum) | 1 | 1200 | 1,21,200 |
| HNI (Minimum) | 2 | 2400 | 2,42,400 |
Competitive Strengths
- Management Experience;
- Quality Assurance;
- Existing relationship with suppliers;
- Customer base across geographies and industries;
- Location of the manufacturing unit, in-house manufacturing facility with equipped machines and processes;
- Optimal Utilization of Resources; and
- Scalable Business Model.
Company Promoters
- Mr. Shah Jay Pareshbhai
- Mr. Varasada Vimal Dayabhai
- Mr. Kavathiya Vivek Dharmendrabhai.
Object 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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 0.07 | 0.07 | 0 | 0 |
| 31 March 2022 | 9.68 | 9.73 | 0.03 | 2.73 |
| 31 March 2023 | 15.00 | 14.20 | 0.52 | 2.97 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 23.99% |
| ROCE | 46.89% |
| Debt/Equity | 1.19 |
| RoNW | 20.83% |
| P/BV | 1.42 |
Gabriel Pet Straps IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 69.84% |
Gabriel Pet Straps IPO Prospectus
- Gabriel Pet Straps IPO DRHP
- Gabriel Pet Straps IPO RHP
Company Contact Information
| Gabriel Pet Straps Limited Plot No. 23, Radhe Industrial Area, Paddhari Bypass, Behind Reliance Petrol Pump, Jamnagar Highway, Paddhari, Rajkot – 360110 Phone: +91 8849254043 Email: investors@gabrielpetstraps.com Website: http://www.gabrielpetstraps.com/ |
Gabriel Pet Straps IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Gabriel Pet Straps IPO Lead Manager(s)
| 1. Shreni Shares Limited |
Gabriel Pet Straps IPO FAQs
| What is Gabriel Pet Straps IPO? Gabriel Pet Straps IPO is a SME IPO. The issue is priced at ₹101 per equity share. The IPO is to be listed on BSE SME. |
| When Gabriel Pet Straps IPO will open? The IPO is to open on 31 January 2024 for NII – 50% and Retail – 50% Investors. |
| How to Gabriel Pet Straps IPO? You can apply Gabriel Pet Straps IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Gabriel Pet Straps IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Gabriel Pet Straps”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Gabriel Pet Straps IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Gabriel Pet Straps”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Gabriel Pet Straps IPO Size? Gabriel Pet Straps IPO size is ₹8.06 crores. |
| What is Gabriel Pet Straps IPO Price Band? Gabriel Pet Straps IPO Price Band is ₹101. |
| What is Gabriel Pet Straps IPO Minimum and Maximum Lot Size (Retail)? The minimum bid is 1200 Shares with ₹1,21,200 amount while the maximum bid is 1200 shares with ₹1,21,200. |
| What is the Gabriel Pet Straps IPO Allotment Date? Gabriel Pet Straps IPO allotment date is 05 February 2024. |
