Fixed Price IPO | ₹13 Cr | Listed at NSE SME | Wed, Jun 28, 2023 - Mon, Jul 3, 2023
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Jun 28, 2023
IPO Close
Mon, Jul 3, 2023
Issue Price
₹49 per share
Market Cap (Pre-IPO)
₹47.96 Cr
| IPO Date | 28 Jun to 3 Jul, 2023 |
| Listed on | Mon, Jul 10, 2023 |
| Face Value | ₹10 per share |
| Issue Price | ₹49 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 27,00,000 shares (agg. up to ₹13 Cr) |
| Reserved for Market Maker | 1,38,000 shares Shreni Shares Ltd. (agg. up to ₹0.6762 Cr) |
| Fresh Issue (Ex Market Maker) | 25,62,000 shares (agg. up to ₹13 Cr) |
| Net Offered to Public | 25,62,000 shares (agg. up to ₹13 Cr) |
| Share Holding Pre Issue | 70,87,408 shares |
| Share Holding Post Issue | 97,87,408 shares |
| NSE Symbol | GLOBALPET |
| ISIN | INE0PS501019 |
Global Pet Industries IPO comprises a total issue size of 27,00,000 shares. The net offer to the public is 25,62,000 shares, after excluding 1,38,000 shares allotted on a firm basis. Of the Net offer 12,81,000 (50.00%) allocated to NII 12,81,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 12,81,000 | 50.00% | 47.44% |
| Retail Shares Offered | 12,81,000 | 50.00% | 47.44% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,38,000 | 5.11% | |
| Total Shares Offered | 27,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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 |
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 | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 22.40 | 16.79 | 15.93 | 10.63 |
| Total Income | 23.06 | 28.00 | 22.86 | 20.02 |
| Profit After Tax | 1.56 | 1.16 | 1.42 | 0.95 |
| NET Worth | 8.61 | 7.04 | 5.89 | 4.46 |
| Reserves and Surplus | 8.16 | 6.60 | 5.44 | 4.02 |
| Total Borrowing | 0.24 | |||
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards construction of factory building; and | 9.44 |
| 2 | General corporate purposes | 3.29 |
| KPI | |
|---|---|
| ROE | 19.96% |
| ROCE | 14.43% |
| RoNW | 19.84% |
| PAT Margin | 4.20% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 1.71 | |
| P/E (x) | 23 | |
| Promoter Holding | 100.00% | 72.41% |
| Market Cap | ₹47.96 Cr. |
The Global Pet Industries IPO is subscribed 4.3 times on July 3, 2023 7:29:00 PM (Day 3). The public issue subscribed 4.14 times in the retail category, [.] times in the QIB category, and 4.44 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 4.44 | 12,81,000 | 56,94,000 |
| Retail | 4.14 | 12,81,000 | 53,04,000 |
| Total | 4.3 | 25,62,000 | 1,10,19,000 |
Total Application : 1,768
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead manager(s) fees including underwriting commission | 0.28 |
| 2 | Brokerage, selling commission and upload fees | 0.00 |
| 3 | Registrar to the issue | 0.02 |
| 4 | Legal Advisors | 0.00 |
| 5 | Advertising and marketing expenses | 0.02 |
| 6 | Regulators including stock exchanges | 0.04 |
| 7 | Printing and distribution of issue stationary | 0.01 |
| 8 | Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | 0.14 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹49.00 |
| Open | ₹52.00 |
| Low | ₹51.50 |
| High | ₹54.60 |
| Last Trade | ₹52.80 |
Lead Manager Reports
Global Pet Industries IPO is a SME IPO of 27,00,000 equity shares of the face value of ₹10 aggregating up to ₹13 Crores. The issue is priced at ₹49 per share. The minimum order quantity is 3000.
The IPO opens on Wed, Jun 28, 2023, and closes on Mon, Jul 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 Wed, Jun 28, 2023 and closes on Mon, Jul 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 Mon, Jul 10, 2023. Check the Global Pet Industries IPO allotment status.
The Global Pet Industries IPO listing date is on Mon, Jul 10, 2023.
