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Global Pet Industries IPO is a fixed price issue of ₹13.23 crores. The issue is entirely a fresh issue of 0.27 crore shares of ₹13.23 crore.
Global Pet Industries IPO bidding started from Jun 28, 2023 and ended on Jul 3, 2023. The allotment for Global Pet Industries IPO was finalized on Jul 6, 2023. The shares got listed on NSE SME on Jul 10, 2023.
Global Pet Industries IPO price is ₹49.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,47,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,94,000.
Shreni Shares Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Shreni Shares Ltd..
Refer to Global Pet Industries IPO RHP for detailed Information.
| IPO Date | June 28, 2023 to July 3, 2023 |
| Listing Date | July 10, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹49 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 27,00,000 shares (aggregating up to ₹13.23 Cr) |
| Reserved for Market Maker | 1,38,000 shares Shreni Shares Ltd. (aggregating up to ₹0.6762 Cr) |
| Net Offered to Public | 25,62,000 shares (aggregating up to ₹12.55 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 70,87,408 shares |
| Share Holding Post Issue | 97,87,408 shares |
Global Pet Industries IPO offers total 27,00,000 shares. Out of which 12,81,000 (47.44%) allocated to NII, 12,81,000 (47.44%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,38,000 (5.11%) |
| NII (HNI) Shares Offered | 12,81,000 (47.44%) |
| Retail Shares Offered | 12,81,000 (47.44%) |
| Total Shares Offered | 27,00,000 (100.00%) |
Global Pet Industries IPO opens on June 28, 2023, and closes on July 3, 2023.
| IPO Open Date | Wed, Jun 28, 2023 |
| IPO Close Date | Mon, Jul 3, 2023 |
| Tentative Allotment | Thu, Jul 6, 2023 |
| Initiation of Refunds | Fri, Jul 7, 2023 |
| Credit of Shares to Demat | Mon, Jul 10, 2023 |
| Tentative Listing Date | Mon, Jul 10, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jul 3, 2023 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,47,000 |
| Retail (Max) | 1 | 3,000 | ₹1,47,000 |
| HNI (Min) | 2 | 6,000 | ₹2,94,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2013, Global Pet Industries Limited is a manufacturer and exporter of Two Stage PET Stretch Blow Moulding Machines.
PET Stretch Blow Moulding Machine is used for manufacturing machines that are suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc.
Apart from manufacturing PET Stretch Blow Moulding Machines, the company also provides after-sales services such as providing spares, components, and accessories and providing repairs and maintenance of the machines after delivery.
The company has 2 manufacturing units, both located in Palghar, Maharashtra.
Global Pet Industries have two business divisions (i) domestic sales; and (ii) exports. It has a presence in 19 states for its domestic market based on sales made for the period ending December 31, 2022. Internationally, it supplies products in 19 countries including Cameroon, the Central African Republic, Ghana, Haiti, Kenya, Mozambique, Nigeria, Nepal, Qatar, South Africa, Tanzania, Tunisia, UAE, Uganda, Liberia, the United States of America, Bhutan, Zambia and Zimbabwe based on sales made for the period ended December 31, 2022.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1,063.02 | 2,001.92 | 94.63 | 446.00 | 401.71 | 24.26 |
| 31-Mar-21 | 1,592.78 | 2,285.83 | 142.49 | 588.50 | 544.20 | |
| 31-Mar-22 | 1,679.12 | 2,800.45 | 115.96 | 704.45 | 660.16 | |
| 31-Dec-22 | 2,240.27 | 2,305.71 | 156.16 | 860.61 | 816.31 | |
| Amount in ₹ Lakhs | ||||||
The market capitalization of Global Pet Industries IPO is ₹47.96 Cr.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] The company claims to be the only manufacturer of PET machines and parts globally. For the reported periods, it posted steady growth in its top lines but the bottom line marked inconsistency. Based on its 9M-FY23 performance, the issue appears fully priced. A small equity base post-IPO indicates longer gestation for mainboard migration. Well-informed/cash surplus investors may park funds with a long-term perspective. Read detail review...
| Listing Date | July 10, 2023 |
| BSE Script Code | |
| NSE Symbol | GLOBALPET |
| ISIN | INE0PS501019 |
| Final Issue Price | ₹49 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹49.00 |
| Open | ₹52.00 |
| Low | ₹51.50 |
| High | ₹54.60 |
| Last Trade | ₹52.80 |
Global Pet Industries Ltd.
Unit No. 108 & 109, Karishma Industrial Estate,
Hissa No. 5, Survey No. 36, Village Waliv,
Dhumal Nagar, Vasai (East),
Palghar, Maharashtra, 401208
Phone: +91 8669621562
Email: investor@globalpetind.com
Website: https://globalpetind.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Global Pet Industries IPO is a SME IPO of 27,00,000 equity shares of the face value of ₹10 aggregating up to ₹13.23 Crores. The issue is priced at ₹49 per share. The minimum order quantity is 3000.
The IPO opens on June 28, 2023, and closes on July 3, 2023.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Global Pet Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Global Pet Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Global Pet Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Global Pet Industries IPO opens on June 28, 2023 and closes on July 3, 2023.
Global Pet Industries IPO lot size is 3000, and the minimum amount required for application is ₹1,47,000.
You can apply in Global Pet Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Global Pet Industries IPO will be done on Thursday, July 6, 2023, and the allotted shares will be credited to your demat account by Monday, July 10, 2023. Check the Global Pet Industries IPO allotment status.
The Global Pet Industries IPO listing date is on Monday, July 10, 2023.
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