Gabriel Pet Straps Limited

Company Profile
Company Name Gabriel Pet Straps Limited
Open Date 31-01-2024
Close Date 02-02-2024
Exchange BSE SME
Lot Size 1200 Shares
Issue Price ₹101 per share
Issue Size 7,98,000 shares
Application Amount ₹1,21,200
Recommendation Avoid
Gabriel Pet Straps Limited was originally incorporated as a Limited Liability Partnership Firm in the year 2020 and had its registered office in Rajkot, Gujarat, India.The company is engaged in the manufacturing and selling of Pet Straps under our brand name of “Gabriel” widely used in the packaging of heavy materials.The company produces Pet Straps from 9mm to 32mm in width and thickness ranging from 0.70mm to 1.30mm.The company has a PAN India presence with our distributor's network in 10 states for the domestic market.As of 31st October 2023, the Company had 26 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 106.65 491.97 742.16 2,053.01
Net Assets 98.19 183.74 249.41 466.04
Total Borrowings - 273.06 297.48 1,129.75
Total Revenue 7.70 968.57 1,500.60 931.13
Profit After Tax - -3.67 51.96 30.63

Tentative Timeline

Opening Date 31-01-2024
Closing Date 02-02-2024
Basis of Allotment 05-02-2024
Initiation of Refunds 06-02-2024
Credit of Shares to Demat 06-02-2024
Listing Date 07-02-2024

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.

Contact Information

Registered Office Gabriel Pet Straps Limited Plot No. 23, Radhe Industrial Area, Paddhari Bypass, Behind Reliance Petrol Pump, Jamnagar Highway, Paddhari, Rajkot - 360110
Phone +91 8849254043

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 44,400 (5.56%)
Other Shares Offered 376,800 (47.22%)
Retail Shares Offered 376,800 (47.22%)
Total Shares Offered 798,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 69.85%

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