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 Date | 24 May 24 |
---|---|
Close Date | 28 May 24 |
Face Value | ₹10 per shares |
Price | ₹32 |
Lot Size | 4,000 Shares |
Total issue Size | 3,440,000 Shares ₹11.01 cr |
Fresh Issue | 3,440,000 Shares ₹11.01 cr |
Issue Type | Fixed Price Issue |
Listing At | NSE SME |
Share Holding Pre Issue | 9,371,649 |
Share Holding Post Issue | 12,811,649 |
RHP , DHRP | View RHP, View 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.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
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 Category | Shares Offered |
---|---|
NII | 50% of the Net Issue |
Retail | 50% 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
Application | Lot | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 4,000 | 128,000 |
Retail (Max) | 1 | 4,000 | 128,000 |
HNI (Min) | 2 | 8,000 | 256,000 |
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 Issue | 99.99% |
---|---|
Share Holding Post Issue | 73.14% |
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).
Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
---|---|---|---|---|
Assets | 2,208.18 | 1,438.18 | 1,050.65 | 720.57 |
Revenue | 2,717.87 | 6,588.69 | 7,185.04 | 3,646.23 |
Profit After Tax | 124.79 | 142.97 | 63.65 | 33.93 |
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.
KPI | Value |
---|---|
P/E (x) | 20.98 |
ROCE | 1.60% |
ROE | 23.62% |
RoNW | 98.27% |
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
Phone
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
Phone
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