| Gabriel Pet Straps Ltd |
|---|
| Registered Office: Plot #23 Radhe Industrial Area, Paddhari Bypass J.Nagar H.Ways, Rajkot - 360110, Gujarat |
| Phone: +91 88492 54043 |
| Email: investors@gabrielpetstraps.com |
| Website: www.gabrielpetstraps.com |
| 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. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 31-Jan-2024 | 02-Feb-2024 | ₹ 101.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 7.37 | Shreni Shares Ltd |
| Project Financed through Current Offer | 8.06 | |
| Post Issue Equity Share Capital | 2.65 | |
| Issue Price | ₹101.00 | |
| Projects |
|---|
| 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 |
|---|
| BSE - SME |
| Registrar to the Issue |
|---|
