The GSM Foils IPO minimum market lot is 4000 shares with ₹128,000 application amount. The GSM Foils IPO is a SME IPO, and it is to be listed on NSE.
GSM Foils Limited is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils (also known as “Strip Foils”) which are used in the packing of pharmaceutical medicines including capsules and tablets. This is a primary packaging material that comes in direct contact with the medicine, hence, utmost care is taken about its quality. Over the past few years, they have acquired definite know-how in different types of foils used in pharmaceutical companies. They offer Aluminium foils in different sizes, shapes, and thicknesses to meet the diverse needs of their clients. The range of their products includes plain and printed aluminum foils and strip foils along with alu alu base foils and it ranges from 0.020/ 0.025/ 0.030/ 0.040 micron for coated /ploy laminated/ blister/ strip printed foils.
IPOWatch View
We recommend investors may apply for an IPO with Avoid. Investors should also look at the QIB, NII, and Retail numbers before investing.
GSM Foils IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| NII | 5.28 | 30.46 | 259.51 |
| RII | 31.56 | 106.12 | 247.01 |
| Total | 18.43 | 68.35 | 257.26 |
GSM Foils IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
GSM Foils IPO Review
- Avoid
GSM Foils IPO Form
How to apply for the GSM Foils IPO? You can apply for GSM Foils IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the GSM Foils IPO in the Invest section. The other option is you can apply for GSM Foils IPO via IPO forms downloaded online. Check out the GSM Foils forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
