Gabriel Pet Straps is engaged in the manufacturing and selling of Pet Straps under their brand name of “Gabriel” widely used in packaging heavy materials. They produce Pet Straps from 9mm to 32mm in width and thickness ranging from 0.70mm to 1.30mm. Their product, pet straps are manufactured in appropriate composition of virgin content raw material i.e., hot washed pet bottle flakes, and non-virgin content raw material i.e. used pet straps grinding. They aspire to keep improving their products, backed with innovative new technologies to provide a great experience to their customers. They believe their products enable us to capitalize on growth opportunities and increasing demand in their industry.
They offer customized bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth, etc. Over the years they have developed expertise and upgraded their technology by adding several automatic machineries and equipment to the plant, which has helped us boost their production capacity and the quality of their products. Their Company believes in the phrase “Waste to Best Process.”
They manufacture on extrusion lines using technology equipped with optimum quality control and testing machinery, ensuring the standard of quality. Their pet straps are in different sizes, color along with the additional option of printing directly on the Straps. Their Company maintains a base of reliable material suppliers who consistently provide materials of appropriate dimensions as per their requirements. The raw materials procured from their suppliers are assembled and fabricated according to the manufacturing requirements of their products. After the raw materials are fabricated, the product is then processed for finished goods.
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 Review
- Avoid
Gabriel Pet Straps IPO Date & Price Band Details
| IPO Open: | January 31, 2024 |
| IPO Close: | February 2, 2024 |
| IPO Size: | Approx ₹8.06 Crores, 7,98,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹101 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Gabriel Pet Straps IPO Market Lot
The Gabriel Pet Straps IPO minimum market lot is 1200 shares with a ₹121,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹121,200 |
| Retail Maximum | 1 | 1200 | ₹121,200 |
| S-HNI Minimum | 2 | 2400 | ₹242,400 |
Gabriel Pet Straps IPO Dates
The Gabriel Pet Straps IPO date is January 31 and the IPO close date is February 2. The IPO allotment date is February 5 and the IPO might list on February 7.
| 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 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Gabriel Pet Straps IPO Form
How to apply Gabriel Pet Straps IPO? You can apply Gabriel Pet Straps IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Gabriel Pet Straps IPO in the Invest section. The other option you can apply Gabriel Pet Straps IPO via IPO forms download via the BSE website. Check out the Gabriel Pet Straps forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Gabriel Pet Straps Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹0.08 | ₹0.08 | ₹0.00 |
| 2022 | ₹9.69 | ₹9.74 | ₹0.04 |
| 2023 | ₹15.01 | ₹14.20 | ₹0.52 |
| Aug 2023 | ₹4.79 | ₹4.60 | ₹0.13 |
Gabriel Pet Straps IPO Valuation – FY2023
Check Gabriel Pet Straps IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹14.84 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 20.83% |
| Net Asset Value (NAV): | ₹2494.14 per Equity Share |
Peer Group
- Vera Synthetic Limited
Company Promoters
- Mr. Shah Jay Pareshbhai
- Mr. Varasada Vimal Dayabhai
- Mr. Kavathiya Vivek Dharmendrabhai
Gabriel Pet Straps IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Gabriel Pet Straps IPO Allotment Status
Check Gabriel Pet Straps IPO allotment status on Bigshare website URL. Click Here
Gabriel Pet Straps IPO Lead Managers aka Merchant Bankers
- Shreni Shares Limited
Company Address
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: [email protected]
Website: http://www.gabrielpetstraps.com/
