Global Pet Industries Limited IPO Detail
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.
Company Promoters
The promoter of the company is Mr. Bipin Nanubhai Pancha.IPO Details
| IPO Opening Date | Jun 28, 2023 |
| IPO Closing Date | Jul 03, 2023 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹49 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹13.23 Cr |
| Fresh Issue | 2,700,000 shares (aggregating up to ₹13.23 Cr) |
| Offer for Sale | - |
| Retail Portion | 50.00% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 4.44x | 4.14x | 4.30x |
IPO Tentative Timetable
The Global Pet Industries Limited IPO open date is Jun 28, 2023, and the close date is Jul 03, 2023. The issue may list on Jul 11, 2023.
| IPO Open Date | Jun 28, 2023 |
| IPO Close Date | Jul 03, 2023 |
| Basis of Allotment Date | Jul 06, 2023 |
| Initiation of Refunds | Jul 07, 2023 |
| Credit of Shares to Demat Account | Jul 10, 2023 |
| IPO Listing Date | Jul 11, 2023 |
IPO Lot Size
The Global Pet Industries Limited IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹147000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹147000 |
| Maximum | 1 | 3000 | ₹147000 |
IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.41% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 1592.78 | 2285.83 | 142.49 |
| 31-Mar-22 | 1679.12 | 2800.45 | 115.96 |
| 31-Dec-22 | 2240.27 | 2305.71 | 156.16 |
Objects of the Issue:
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding Capital Expenditure towards the construction of factory building, and
- General Corporate Purposes.
Global Pet Industries Limited IPO Registrar:
Bigshare Services Pvt Ltd
Global Pet Industries Limited IPO Lead Manager(s):
Shreni Shares Private Limited
Company Contact Information:
Global Pet Industries Limited
Unit No. 108 & 109, Karishma Industrial Estate, Hissa No. 5, Survey No. 36, Village Waliv, Dhumal Nagar
Vasai
Palghar
