Listed Price₹115.00
Listing Gain+13.86%
Price Band₹101
Lot Size1,200 shares
Min Bid₹1,21,200
Subscription246.26x
Listed Market Snapshot
₹115.00Listed price from market data
+13.86%listing gain
Issue Amount
₹8.06 Cr
Listed Price
₹115.00
Current Price
₹113.6
Registrar
Bigshare Services Private Limited
Timeline•Fixed Price Issue IPO
Open31 Jan 2024
Close02 Feb 2024
Allotment05 Feb 2024
Listing07 Feb 2024
Quota Reservation Portions
RetailPortion: 3,76,800 shares
47.22%Nii(hni)Portion: 3,76,800 shares
47.22%Market MakerPortion: 44,400 shares
5.56%Minimum Application Bracket Matrix
Retail1 lots / 1,200 shares
₹1,21,200HNI2 lots / 2,400 shares
₹2,42,400About the Company
Gabriel Pet Straps Limited, founded in 2020, manufactures and sells PET straps under the Gabriel brand, offering customized packaging solutions in various sizes, colors, and even printed options for industries such as cotton bales, fibers, packaging, paper, and waste cloth. The company’s manufacturing unit in Rajkot, Gujarat produces PET straps ranging from 9 mm to 32 mm in width and 0.70 mm to 1.30 mm in thickness. With a distribution network spread across 10 states, it serves customers throughout India, and as of October 31, 2023, the company employed a team of 26 people, including factory and office staff.
Company Promoters
Mr. Shah Jay PareshbhaiMr. Varasada Vimal DayabhaiMr. Kavathiya Vivek Dharmendrabhai
Lead Managers
Registrar
Bigshare Services Private Limited