IPO Trending
GSMFOILSSME / NSEListed
GSM Foils

GSM Foils Limited started in April 2019 and specializes in making Blister Foils and Aluminium Pharma Foils (also called Strip Foils) used to pack medicines like capsules and tablets. Since these foils directly touch medicines, the company follows top-quality standards to ensure safety. Their manufacturing unit is located in the Sapphire Building, Thane, Vasai, Maharashtra, spread across 7,973 sq. ft. with advanced machinery for production, testing, research, storage, and packaging — all under one roof. The company holds an ISO 9001:2015 certification, proving its dedication to quality. GSM Foils serves customers across 13 states and 1 Union Territory in India, with 39 employees as of February 28, 2024.

DRHP
₹32 - ₹32253.32x sub
Listed Price₹32.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open24 May 2024
Close28 May 2024
Allotment29 May 2024
Listing31 May 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail16,32,000 shares
47.4%
Other16,32,000 shares
47.4%
Market Maker1,76,000 shares
5.1%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,28,000
HNI2 Lots (8,000 shares)
₹2,56,000

Company Promoters

Mr. Sagar Girish BhanushaliMr. Mohansingh L Parmar

Company Background

GSM Foils Limited started in April 2019 and specializes in making Blister Foils and Aluminium Pharma Foils (also called Strip Foils) used to pack medicines like capsules and tablets. Since these foils directly touch medicines, the company follows top-quality standards to ensure safety. Their manufacturing unit is located in the Sapphire Building, Thane, Vasa...

Lead Managers & Bankers

Shreni Shares Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹2717.87 Cr
Growth-25.5%
Revenue Trend (₹ in Crores)
0.02.8k5.5k8.3kMar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-232,717.87124.792,208.181,412.95
Mar-236,588.69142.971,438.18242.43
Mar-227,185.0463.651,050.65219.20
Mar-213,646.2333.93720.570

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-2324.6623.62%1.60%1.2720.98
Mar-231.7119.13%0.34%00
Mar-220.979.67%0.20%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
29 May 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
31 May 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for GSM Foils. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 May 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date31 May 2024Trading commences on exchange

How to Check GSM Foils Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select GSM Foils from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About GSM Foils IPO

Complete issue overview for GSM Foils (GSMFOILS) IPO. The issue features an equity share price band of ₹32 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,28,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions