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Open
24 May 2024
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Close
28 May 2024
3
Allotment
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Listing
Fri, May 31, 2024
Price Band
₹32 per share
Issue Size
34,40,000 shares (agg. up to ₹11 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, May 31, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 249.89x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 22.08 | 14.38 | 10.51 | 7.21 |
| Total Income | 27.18 | 65.89 | 71.85 | 36.46 |
| Profit After Tax | 1.25 | 1.43 | 0.64 | 0.34 |
| NET Worth | 1.27 | 8.36 | 6.59 | 6.58 |
| Reserves and Surplus | 1.25 | |||
| Total Borrowing | 14.13 | 2.42 | 2.19 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Purv Flexipack Ltd. | SME | ₹40.21 Cr | ₹71 | 13.17 | ₹247.00 | +247.89% | ₹44.95 |
| Kahan Packaging Ltd. | SME | ₹5.76 Cr | ₹80 | 7.74 | ₹159.60 | +99.50% | ₹14.00 |
| Pyramid Technoplast Ltd. | Mainboard | ₹153.05 Cr | ₹166 | 16.21 | ₹177.65 | +7.02% | ₹151.67 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards purchase of Plant and Machineries | 1.11 |
| 2 | Funding Working Capital Requirements of the Company | 7.06 |
| 3 | General Corporate Purpose | 2.22 |
About GSM Foils IPO
Updated on Aug 5, 2026
Contact Details
GSM Foils Ltd. AddressGala No 06/106/206/306, Sapphire BuildingDiamond Industrial EstateVasai East IE, Dist.PalgharPalghar, Maharashtra, 401208+9184689 68102investors@gsmfoils.comVisit Website