Gabriel Pet Straps Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Gabriel Pet

CMP

150.00

-8.40 (-5.30%)

  • DRHP
₹101

Offer Price

₹ 8.06 Cr

Issue Size

₹ 1,21,200

Min Investment

1,200

Lot size

Time Line

  • 31
    Jan 2024
    Open
  • 02
    Feb 2024
    Close
  • 05
    Feb 2024
    Finalisation of Basis of Allotment
  • 06
    Feb 2024
    Initiation of Refunds
  • 06
    Feb 2024
    Transfer of Shares to Demat Account
  • 07
    Feb 2024
    Listing Date

Objects of the Offer

  • Expanding its clientele Network by Geographic expansion.

  • Reduction of operational costs and achieving functional efficiency.

  • Focus on cordial relationship.

  • Focus on dealing in quality standard products.

  • Technology enhancements.

Products & Services

  • The Company is engaged in the manufacturing and selling of Pet Straps.

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.

Risks

  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

  • The costs of the raw materials that the company uses in its manufacturing process are subject to volatility due to factors beyond its control. Increases or fluctuations in raw material prices may have a material adverse effect on its business, financial condition, results of operations and cash flows.

  • Its business is dependent and will continue to depends on the company manufacturing facility, and its subject to certain risks in its manufacturing process. Any slowdown or shutdown in the company manufacturing operations or strikes, work stoppages or increased wage demands by its employees that could interfere with the company operations could have an adverse effect on its business, financial condition and results of operations.

  • The company is dependent on the performance of the pet straps market. Any adverse changes in the conditions affecting the pet straps market can adversely impact its business, financial condition, results of operations, cash flows and prospects.

  • The company is subject to strict quality requirements and any product defect issues or failure by it or its raw material suppliers to comply with quality standards may lead to the cancellation of existing and future orders, recalls and exposure to potential product liability claims.

Company Promoters

Promoters Holding

Issue For IPO
29.59%
Pre Holding

98.11%

Post Holding

68.52%

Top Promoters Holding

Financials

All values in Cr

Mar-2023 Oct-2023 Mar-2023 3-Yr trend
Revenue 15.00 (55.30%) 4.25 (-71.70%) 20.83 (-)
Gross Profit 15.00 (55.30%) 4.25 (-71.70%) 20.83 (-)
Net Income 15.00 (55.30%) 4.25 (-71.70%) 20.83 (-)
Assets 15.00 (55.30%) 4.25 (-71.70%) 20.83 (-)
Liabilities 15.00 (55.30%) 4.25 (-71.70%) 20.83 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Gabriel Pet Straps Ltd 15.00 0.52 5.47 2.98 20.83 0.00 0.00 2.59 0.54
Vera Synthetic Ltd 40.71 1.82 23.19 23.19 9.51 3.69 38.77 7.84 0.06

Book Running Managers

  • Shreni Shares Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

Plot #23 Radhe Industrial Area,
Paddhari Bypass J.Nagar H.Ways,
Rajkot - 360110
Phone : +91 88492 54043 Email : investors@gabrielpetstraps.com www.gabrielpetstraps.com

Offer Related Information

Initial public offering of 7,98,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Gabriel Pet Straps Limited ("Gabriel" or "The Company" or "The Issuer") for cash at a price of Rs. 101/- per equity share (including a premium of Rs. 91/- per equity share) ("Issue Price") aggregating to Rs. 8.06 crores ("The Issue") of which 44,400 equity shares aggregating to Rs. 0.45 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less... More

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