Gabriel Pet Straps Ltd

Initial public offering of 7,98,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Gabriel Pet Straps Limited ("Gabriel" or "The Company" or "The Issuer") for cash at a price of Rs. 101/- per equity share (including a premium of Rs. 91/- per equity share) ("Issue Price") aggregating to Rs. 8.06 crores ("The Issue") of which 44,400 equity shares aggregating to Rs. 0.45 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 7,53,600 equity shares of face value of Rs. 10/- each at an issue price of Rs. 101/- per equity share aggregating to Rs. 7.61 crores ("Net Issue"). The issue and the net issue will constitute 30.15% and 28.47% of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 10.1 times of the face value.
Opens On Closes On
31-Jan-24 02-Feb-24
Money Payable On
Application Allotment
101.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 7.37 Shreni Shares Ltd
Project Financed through Current Offer (.Cr) 8.06  
Post Issue Equity Share Capital (.Cr) 2.65
Issue Price () 101.00
Repayment or Prepayment in full or in part of borrowings availed by the company from banks financial institutions and non banking financial companies
Acquisitions of land
Funding of capital expenditure requirements of the company towards set up of Solar Power Plant
General corporate purposes
Promoted By
Shah Jay Pareshbhai
Varasada Vimal Dayabhai
Kavathiya Vivek Dharmendrabhai
Listing At
Registrar to the Issue
No Data Available