GSM Foils Limited is engaged within the trade of producing Blister Foils and Aluminium Pharma Foils (sometimes called “Strip Foils”) which can be used within the packing of pharmaceutical drugs together with pills and capsules. This is a number one packaging subject matter that is available in direct touch with the medication, therefore, utmost care is taken about its high quality. Over the previous few years, they have got bought particular technology in several types of foils utilized in pharmaceutical corporations. They be offering Aluminium foils in numerous sizes, shapes, and thicknesses to satisfy the various wishes in their shoppers. The vary in their merchandise comprises undeniable and revealed aluminum foils and strip foils along side alu alu base foils and it levels from 0.020/ 0.025/ 0.030/ 0.040 micron for lined /ploy laminated/ blister/ strip revealed foils.
They are providing merchandise which might be high quality examined as in keeping with business requirements. As an ISO 9001:2015 qualified corporate, they target to supply merchandise at a aggressive value, due to this fact, they have got invested in appropriate production ways and feature offered a large collection of extremely demanded merchandise. owing to the allied enhance of industry-recognized distributors they may be able to supply the stock of uncooked fabrics and convey high quality merchandise that increase their emblem symbol. With the inhouse capability of the Coating, laminating, and printing procedure, they supply their shopper with fast and cost-effective products and services, which lend a hand them cut back their downtime and execute their packaging line in a scientific means.
They have advanced a producing facility at Gala No 06/106/206/306, Sapphire Building, Diamond Industrial Estate, Vasai East IE, Thane, Vasai, Maharashtra, India, 401208 in 7,973 Sq. toes space with floor plus 3 flooring for clean execution of the entire trade operations. Their production amenities are supplied with the important equipment, equipment, different apparatus, and facilities, to enhance a continuing production procedure, hassle-free manufacturing, Quality checking out, analysis, garage, and packaging. All their machineries are periodically upgraded and lubricated with skilled group of workers to retain the manufacturing price.
Objects of the Issue:
- Funding of capital expenditure in opposition to acquire of Plant and Machineries.
- Funding Working Capital Requirements of our Company
- General Corporate Purpose
GSM Foils IPO Review
GSM Foils IPO Date & Price Band Details
IPO Open: | May 24, 2024 |
IPO Close: | May 28, 2024 |
IPO Size: | Approx ₹11.01 Crores, 34,40,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹32 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 50% of the web be offering |
QIB Quota: | [.]% of the web be offering |
NII Quota: | 50% of the web be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
GSM Foils IPO Market Lot
The GSM Foils IPO minimal marketplace lot is 4000 stocks with a ₹128,000 software quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 4000 | ₹128,000 |
Retail Maximum | 1 | 4000 | ₹128,000 |
S-HNI Minimum | 2 | 8000 | ₹256,000 |
GSM Foils IPO Dates
The GSM Foils IPO date is May 24 and the IPO shut date is May 28. The IPO allotment date is May 29 and the IPO may checklist on May 31.
IPO Open Date: | May 24, 2024 |
IPO Close Date: | May 28, 2024 |
Basis of Allotment: | May 29, 2024 |
Refunds: | May 30, 2024 |
Credit to Demat Account: | May 30, 2024 |
IPO Listing Date: | May 31, 2024 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
GSM Foils IPO Form
How to use GSM Foils IPO? You can follow GSM Foils IPO by means of ASBA to be had to your checking account. Just cross to the net financial institution login and follow by means of your checking account via settling on the GSM Foils IPO within the Invest phase. The different choice you’ll be able to follow GSM Foils IPO by means of IPO bureaucracy obtain by means of the NSE website online. Check out the GSM Foils bureaucracy – click on NSE IPO Forms obtain, fill and post to your financial institution or together with your dealer.
GSM Foils Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹36.46 | ₹35.95 | ₹0.34 |
2022 | ₹71.85 | ₹70.89 | ₹0.64 |
2023 | ₹65.89 | ₹63.57 | ₹1.43 |
Dec 2023 | ₹27.18 | ₹25.51 | ₹1.25 |
GSM Foils IPO Valuation – FY2023
Check GSM Foils IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹28.25 in keeping with Equity Share |
Price/Earning P/E Ratio: | 1.13 |
Return on Net Worth (RoNW): | 17.11% |
Net Asset Value (NAV): | ₹165.16 in keeping with Equity Share |
Peer Group
- Synthiko Foils Limited
- MMP Industries Limited
- Mr. Sagar Girish Bhanushali
- Mr. Mohansingh L Parmar
GSM Foils IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
GSM Foils IPO Allotment Status
Check GSM Foils IPO allotment standing on Bigshare website online URL. Click Here
GSM Foils IPO Lead Managers aka Merchant Bankers
Company Address
GSM Foils Limited
Gala No 06/106/206/306, Sapphire Building,
Diamond Industrial Estate, Vasai East IE,
Thane, Maharashtra, India, 401208
Phone: +9184689 68102
Electronic mail: [email protected]
Website: www.gsmfoils.com
GSM Foils IPO FAQs
What is GSM Foils IPO?
GSM Foils IPO is an NSE SME IPO. They are going to carry ₹11.01 Crores by means of IPO. The factor is priced at ₹32 in keeping with fairness percentage. The IPO is to be indexed on NSE.
When GSM Foils IPO will open?
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What is GSM Foils IPO Size?
What is GSM Foils IPO Price Band?
GSM Foils IPO Price Band is ₹32 in keeping with fairness percentage.
What is GSM Foils IPO Minimum and Maximum Lot Size?
What is GSM Foils IPO Allotment Date?
What is GSM Foils IPO Listing Date?
Note: The GSM Foils IPO main points are introduced formally. The IPO gray marketplace top rate (GSM Foils IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.
– Source : IPOWATCH