Gabriel Pet Straps Limited -Logo

Gabriel Pet Straps Limited

GPSL

101-101

per share
Bidding Dates
31-2 Feb
Min. Investment
₹1,21,200.00
Lot Size
1200 shares
Issue Size
₹8.06 Cr
IPO Timeline
Bidding starts
31 Jan ‘24
Bidding ends
02 Feb ‘24
Allotment finalisation*
05 Feb ‘24
Refund initiation*
06 Feb ‘24
Demat transfer
06 Feb ‘24
Listing
07 Feb ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Gabriel Pet Straps Limited

Incorporated in 2020, Gabriel Pet Straps Limited is engaged in the manufacturing and selling of Pet Straps under the brand name of “Gabriel” widely used in packaging of heavy materials. They produce Pet Strap from 9mm to 32mm width and thickness ranging from 0.70mm to 1.30mm. Their product, pet straps is 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 them to capitalise on growth opportunities and increasing demand of their industry. 

The company has  PAN India presence with their distributors network in 10 states for their domestic market and they offer customised bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth etc. Over the years we have developed expertise and upgraded their technology by adding several automatic machineries and equipment to the plant, which has helped them boost their production capacity and the quality of their products. The 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. The pet straps are in different size, colours along with the additional option of printing directly on the Straps. The companyCompany maintains a base of reliable material suppliers who consistently provide materials of appropriate dimensions as per our 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.

Their manufacturing facilities are well equipped with the required facilities including machinery, other handling equipments to facilitate smooth manufacturing process and easy logistics. They endeavour to maintain safety in tier premises by adhering to key safety norms, established through our internal safety protocols.

As Gabriel Pet Straps Limited gears up for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to crucial objectives.

  1. Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions and non-banking financial companies; 
  2. Acquisition of land;
  3.  Funding of capital expenditure requirements of our Company towards set up of Solar Power Plant and 
  4. General corporate purposes. 

Here are key details about the Gabriel Pet Straps Limited IPO:

Company Name Gabriel Pet Straps Limited   Gabriel Pet Straps Limited IPO Opening Date January 31, 2024
Company Incorporated On 2020   Gabriel Pet Straps Limited IPO Allotment Status February 5, 2024
Gabriel Pet Straps Limited IPO Closing Date February 2, 2024   Gabriel Pet Straps Limited IPO Listing Date February 7, 2024 
Credit of Shares to the Demat Account February 6, 2024   Gabriel Pet Straps Limited IPO Lot Size  1200 Shares
Gabriel Pet Straps Limited IPO Face Value ₹10 per share   Gabriel Pet Straps Limited IPO to be Listed on BSE
Gabriel Pet Straps Limited IPO Issue Size  ₹8.06 Cr   Gabriel Pet Straps Limited IPO Price band  ₹101 per share

 

 

IPO analysis

Registrar information
Name
Bigshare Services Pvt Ltd
Phone number
+91-22-6263 8200
Email ID
ipo@bigshareonline.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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