GSM Foils

GSM Foils Info

Details about the GSM Foils IPO. Opening Date of GSM Foils is 24 May 24 and Closing Date is 28 May 24 . Face Value of Each share of GSM Foils is ₹10 per share. Fixed price of GSM Foils is ₹32. The Lot size of GSM Foils is 4,000 shares. Total issue size of GSM Foils IPO is  ₹11.01 cr. Fresh Issue of GSM Foils IPO is 11.01 cr. This is a Fixed Price Issue IPO. Expected to list on NSE SME. Share Holding Pre Issue of GSM Foils is 9,371,649. Share Holding Post Issue of GSM Foils is 12,811,649.


Business Summary

GSM Foils Limited is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils (also known as “Strip Foils”) which is used in packaging of pharmaceutical medicines which includes capsules and tablets both.

This is a primary packaging material which comes in direct contact with the medicine, hence, utmost care is taken with regards to its quality

Company offer Aluminium foils in different sizes, shapes and thickness to meet diverse needs of the clients. The range of products includes plain and printed aluminium 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

GSM Foils IPO Details
Open Date24 May 24
Close Date28 May 24
Face Value₹10 per shares
Price₹32
Lot Size4,000 Shares
Total issue Size3,440,000 Shares ₹11.01 cr
Fresh Issue3,440,000 Shares ₹11.01 cr
Issue Type Fixed Price Issue
Listing AtNSE SME
Share Holding Pre Issue9,371,649
Share Holding Post Issue12,811,649
RHP , DHRPView RHPView DRHP
GSM Foils IPO Timeline

The GSM Foils Initial Public Offering (IPO) is set to open on 24 May 24 and will end its subscription phase on 28 May 24. You can check your allotment status for GSM Foils on 29 May 24. The refund process for your funds will start promptly on 30 May 24.  GSM Foils IPO credit of shares will be on 30 May 24. The listing date for GSM Foils is on 31 May 24.

  1. Open Date

  2. Close Date

  3. Basis Of Allotment

  4. Initialization of Refund

  5. Credit of Share

  6. Listing Date

GSM Foils IPO Reservation

The GSM Foils IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,

Investor CategoryShares Offered
NII50% of the Net Issue
Retail50% of the Net Issue
GSM Foils IPO Lot Size

Bids can be made for minimum of 4000 shares and in multiple of 4000 equity shares thereafter

ApplicationLotSharesAmount
Retail (Min)14,000128,000
Retail (Max)14,000128,000
HNI (Min)28,000256,000
GSM Foils IPO Promoters Holding

Promoters holding details for GSM Foils in the current issue is as follows: The share holding of promoters before the issue stands at 99.99%, and after the issue, it has been adjusted to 73.14%.

Promoters of GSM Foils are Mr. Sagar Girish Bhanushali, Mr. Mohansingh L Parmar,

Share Holding Pre Issue99.99%
Share Holding Post Issue73.14%
GSM Foils Financial Information

Financial performance details for GSM Foils over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).

Period31 Dec 2331 Mar 2331 Mar 2231 Mar 21
Assets2,208.181,438.181,050.65720.57
Revenue2,717.876,588.697,185.043,646.23
Profit After Tax124.79142.9763.6533.93
₹ In Lakhs
GSM Foils IPO Key Performance Indicator

Key Performance Indicators (KPIs) for GSM Foils are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.

KPIValue
P/E (x)20.98
ROCE1.60%
ROE23.62%
RoNW98.27%
EPS (Rs)1.53
Object of the Issue
  • • Funding of capital expenditure towards the purchase of Plant and Machineries
  • • Funding Working Capital Requirements of the company
  • • General corporate purposes
Contact Details for GSM Foils

Office

Gala No 06/106/206/306, Sapphire Building Diamond Industrial Estate, Vasai East IE, Thane- 401208

Registrar Details for GSM Foils
Bigshare Services Pvt Ltd

Office

S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.

Lead Manager
  • • Shreni Shares Limited
Frequently Asked Questions