GSM Foils Limited

GSM Foils Limited

SMEClosed

₹1,28,000(4,000 Shares)

Minimum Investment

IPO Dates

May 24, 2024 – May 28, 2024

Price Band

₹32–32 per equity share

Lot Size

4000

Listing

May 31, 2024

Listing At

NSE SME

May 24, 2024Open DateCompleted
May 28, 2024Close DateCompleted
TBAAllotment DateUpcoming
May 31, 2024Listing DateCompleted

GSM Foils Limited Live Subscription Details

All IPOs
Retail247.10x
QIB / NII259.62x

Overall Subscription

Total Bids Received

253.36x

GSM Foils Limited IPO Issue Details

Issue Price
₹32 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
34,40,000 shares(aggregating up to ₹11.01 crore)
Listing At
NSE SME
Listing Date
May 31, 2024
Registrar
Bigshare Services Pvt Ltd

Reservation Details

Market Maker5.12%

Shares Offered

1,76,000

Company Information

GSM Foils Limited, incorporated in April 2019, manufactures Blister Foils and Aluminium Pharma Foils, commonly referred to as Strip Foils, for the packaging of pharmaceutical medicines such as capsule...

Valuations

EPS (Pre-IPO)

1.53

EPS (Post-IPO)

1.30

P/E (Pre-IPO)

20.98

P/E (Post-IPO)

24.64

RoNW

98.27%

PAT Margin

4.59%

P/B Value

1.27

Objectives of the Issue

  1. 1Funding of capital expenditure towards the purchase of Plant and Machineries.
  2. 2Funding Working Capital Requirements of the company.
  3. 3General corporate purposes.

GSM Foils Limited – Promoter(s)

Mr. Sagar Girish Bhanushali
Mr. Mohansingh L Parmar

Contact Details

Corporate Office

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

+9184689 68102

investors@gsmfoils.com

Visit Website

GSM Foils Limited Allotment & Registrar Details

Check Allotment

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

Visit Registrar Website

GSM Foils Limited IPO Documents

Frequently Asked Questions — GSM Foils Limited IPO

The GSM Foils Limited IPO price band is set at ₹32.00 to ₹32.00 per equity share.

The lot size for GSM Foils Limited IPO is 4000 shares per lot. The minimum investment amount is approximately ₹1,28,000.

The GSM Foils Limited IPO opens on May 24, 2024 and closes on May 28, 2024.

GSM Foils Limited IPO is expected to be listed on May 31, 2024 on NSE SME.

The registrar for GSM Foils Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.

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