Gabriel Pet Straps Limited IPO (Gabriel Pet Straps IPO)

Gabriel Pet Straps Limited IPO
Upcoming Gabriel Pet Straps IPO | New Gabriel Pet Straps IPO

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

Gabriel Pet Straps IPO – Details

IPO Opening Date31 January 2024
IPO Closing Date02 February 2024
Issue TypeFixed Price Issue IPO
Issue Size7,98,000 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 Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtBSE SME
RegisterBigshare Services Pvt Ltd
NII (HNI) Shares Offered50%
Retail Shares Offered50%

Gabriel Pet Straps IPO – Date Schedule

IPO Open Date31 January 2024
IPO Close Date02 February 2024
Basis of Allotment05 February 2024
Initiation of Refund06 February 2024
Credit of Shares to Demat Account06 February 2024
IPO Listing Date07 February 2024
Cut-off time for UPI mandate confirmation5 PM on 02 February 2024

Gabriel Pet Straps IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)112001,21,200
Retail (Maximum)112001,21,200
HNI (Minimum)224002,42,400

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.
Gabriel Pet Straps IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 20210.070.0700
31 March 20229.689.730.032.73
31 March 202315.0014.200.522.97
Amount in ₹ Crore

Key Performance Indicator


Gabriel Pet Straps IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding69.84%

Gabriel Pet Straps IPO Prospectus

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

Gabriel Pet Straps IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Gabriel Pet Straps IPO Lead Manager(s)

1. Shreni Shares Limited

Gabriel Pet Straps IPO FAQs

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.
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