GSM Foils Ltd IPO
Price Range
₹32
-
Min. Quantity
4,000 Shares
Closes on
28 May 2024
-
Min. investment
₹1,28,000
GSM Foils Ltd IPO Timeline
| Event | Date |
|---|---|
| GSM Foils Ltd IPO Opening Date | 24 May 2024 |
| GSM Foils Ltd IPO Closing Date | 28 May 2024 |
| Basis of Allotment | 29 May 2024 |
| Initiation of Refunds | 30 May 2024 |
| Credit of Shares to Demat | 30 May 2024 |
| GSM Foils Ltd IPO Listing Date | 31 May 2024 |
GSM Foils Ltd IPO Details
| GSM Foils Ltd IPO Date | 24 May 2024 to 28 May 2024 |
| GSM Foils Ltd IPO Face Value | ₹10 per share |
| GSM Foils Ltd IPO Price | ₹32 to ₹0 per share |
| GSM Foils Ltd IPO Lot Size | 4,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹11.01 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹11.01 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sagar Girish Bhanushali, Mohansinghl Parmar |
GSM Foils Ltd IPO Lot Size
The GSM Foils Ltd IPO lot size is 4,000 shares. A retail-individual investor can apply for up to 1 lots (4,000 shares or ₹1,28,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4,000 | ₹1,28,000 |
| Maximum | 1 | 4,000 | ₹1,28,000 |
- Strengths
- Risks
- Opportunities
- Cost effective production and timely fulfilment of orders.
- Experienced Promoters and management team.
- Well Equipped Manufacturing Facility.
- Quality assurance and standards.
- Wide range of its products.
- Well established relationship with clients.
Company Financials
GSM Foils Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 61.4 | 133.82 | 9.65 |
| 03-2024 | 19.97 | 40.83 | 1.37 |
| 12-2023 | 22.08 | 27.18 | 1.25 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure towards purchase of plant and machineries
- Funding working capital requirements of the company
- General corporate purpose
GSM Foils Ltd IPO Promoter Holding
| Pre Issue Share Holding | 47.67% |
| Post Issue Share Holding | 34.87% |
GSM Foils Ltd IPO Subscription Status (Bidding Detail)
The GSM Foils Ltd IPO is subscribed 240.3977 times on 28 May 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 240.3977 |
GSM Foils Ltd IPO Prospectus
GSM Foils Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0SQY01018 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Gala # 06/106/206/306 SapphireBld Diamond.Ind.Est Vasai E IE,Thane-401208
Phone: +91 84689 68102
Email: investors@gsmfoils.com
Website: www.gsmfoils.com
GSM Foils Ltd IPO Registrar
GSM Foils Ltd IPO Lead Manager(s)
- Shreni Shares Ltd
How to Check the Allotment Status of GSM Foils Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “GSM Foils Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About GSM Foils Ltd IPO
GSM Foils Ltd was originally formed as Limited Liability Partnership Firm under the name and style of 'M/s. GSM Foils LLP' pursuant to a Certificate of incorporation issued by Registrar of Companies, Central Registration Centre, dated April 05, 2019. M/s. GSM Foils LLP was converted into a Private Limited Company 'GSM Foils Private Limited' and fresh a Certificate of Incorporation dated June 27, 2023 was issued by Registrar of Companies, Central Registration Centre. The Company has been converted into a Public Limited Company and the name of Company changed to 'GSM Foils Limited' pursuant to a fresh Certificate of incorporation dated September 04 2023 issued by the Registrar of Companies, Mumbai.
FAQ
What is the issue size of GSM Foils Ltd IPO?
I have pre-applied for GSM Foils Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.