GSM Foils Ltd IPO
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GSM Foils Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| 34.4 L | TBA | 16.32 L | 93.7 L | NSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 24 May, 24 | 28 May, 24 | 4000 | TBA | Fixed Price - SME | 31 May, 24 |
GSM Foils Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Aluminium and Aluminium Products |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 13032000 |
| NII | 251.64x | 1632000 | 410672000 |
| Retail | 247.1x | 1632000 | 403264000 |
| Employee | 0x | 0 | 0 |
| Total | 240.4x | 3440000 | 826968000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
GSM Foils Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 1.76 | TBA | TBA |
| EBITDA | 1.85 | TBA | TBA |
| PAT | 1.25 | TBA | TBA |
| Total Assets | 20.95 | TBA | TBA |
| Share Capital | 0.02 | TBA | TBA |
| Total Borrowings | 7.39 | TBA | TBA |
| Operating Activities (Net Cash) | 1.34 | TBA | TBA |
| Investing Activities (Net Cash) | 0.00 | TBA | TBA |
| Financing Activities (Net Cash) | 7.39 | TBA | TBA |
| Net Cashflow | 0.41 | TBA | TBA |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About GSM Foils Ltd
GSM Foils Limited was originally formed as Limited Liability Partnership Firm under the name and style of M/s. GSM Foils LLP pursuant to a Certificate of incorporation issued by Registrar of Companies, Central Registration Centre, dated April 05, 2019 with LLP registration number being AAO-7932. M/s. GSM Foils LLP was thereafter converted into a Private Limited Company GSM Foils Private Limited pursuant to the provisions of Chapter XXI of the Companies Act, 2013 and fresh a certificate of incorporation dated June 27, 2023 was issued by Registrar of Companies, Central Registration Centre. Subsequently, the Company has been converted into a public limited company and the name of the Company changed to GSM Foils Limited pursuant to a special resolution passed at the Extra-Ordinary General Meeting of the Company held on July 14, 2023 and a fresh Certificate of incorporation dated September 04 2023 issued by the Registrar of Companies, Mumbai. The Corporate Identity Number of the Company is U43303MH2023PLC405459.
The global packaging industry is developing and expanding day by day and Indian packaging industry is also growing rapidly. This growth is primarily driven by factors like growing pharmaceutical, manufacturing industry, healthcare sector and ancillary in the emerging economies. India's pharmaceutical industry leads globally, renowned for affordable generic drugs and vaccines. With a 9.43% CAGR over nine years, it ranks third in production volume. Diverse segments include generics, OTC meds, bulk drugs, vaccines, biosimilars, and biologics. Notably, India houses the most USFDA-compliant manufacturing facilities and 500 API producers, capturing 8% of the global API market. This industry's growth reflects its adaptability and quality standards, ensuring accessible healthcare solutions worldwide.
Peer Comparison:
- Synthiko Foils Ltd
- MMP Industries Ltd
GSM Foils Ltd IPO Key Points
Strengths
- Cost effective production and timely fulfilment of orders.
- Experienced Promoters and management team.
- Well Equipped Manufacturing Facility.
- Quality assurance and standards.
- Wide range of its products.
Risk
- The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.
- Any disruptions to the supply, or increases in the pricing, of the raw materials, may adversely affect the supply and pricing of its products and, in turn, adversely affect the company's Business, Cash Flows, Financial Condition and Results of Operations.
- Any slowdown or shutdown of its Manufacturing operations at the company's Manufacturing Facilities could have an adverse effect on its Business, Financial Condition and Results of Operations.
Strategy
- Expanding its clientele Network by Geographic expansion.
- Enhancing its Brand Image.
- Widen its product portfolio.
- Focus on dealing in quality standard products.
- Improving Functional Efficiency.
- Cost effective production and timely fulfilment of orders.
- Experienced Promoters and management team.
- Well Equipped Manufacturing Facility.
- Quality assurance and standards.
- Wide range of its products.
How To Apply for GSM Foils Ltd Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
