Listing Details
- Listing Exchange NSE SME
- Listing Date 10-Jul-23
- IPO Price Range ₹ 49
- Listing Price ₹ 52
- Listing Change 6.1%
- Last Traded Price ₹ 74.8
- Current Change 52.7%
Global Pet Industries IPO Details
- Open Date 28-Jun-23
- Close Date 03-Jul-23
- Lot Size 3000
- IPO Size ₹ 13.23 Cr
- IPO Price Range ₹ 49
- Min Investment ₹ 147000
- Listing Exchange NSE SME
- Basis of Allotment 06-Jul-23
- Refunds 07-Jul-23
- Credit to Demat Account 10-Jul-23
- Listing Date 11-Jul-23
Global Pet Industries IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
28-Jun-23 | - | 0.06 | 0.42 | 0.23 |
30-Jun-23 | - | 0.44 | 0.92 | 0.68 |
03-Jul-23 | - | 4.44 | 4.14 | 4.30 |
Global Pet Industries IPO Synopsis
Global Pet Industries is a manufacturer and exporter of Two Stage PET Stretch Blow Moulding Machines its IPO opens on 29th June and closes on 3rd July.
The issue consists of a fresh issue of 2,700,000 shares (aggregating up to ₹13.23 Cr). The price band for the issue is fixed at Rs. 49 per share. The lot size is set for 3000 shares per lot. The shares will be allotted on the 6th of July and the issue will be listed on the 11th July on the stock exchanges.
The book-running lead manager to the offer is Shreni Shares Private Limited.
Objectives of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1. Funding Capital Expenditure towards the construction of factory building, and
2. General Corporate Purposes.
About Global Pet Industries
Global Pet Industries Limited is a manufacturer and exporter of Two Stage PET Stretch Blow Moulding Machines.
PET Stretch Blow Moulding Machine is used for manufacturing machines that are suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles.
Apart from manufacturing PET Stretch Blow Moulding Machines, the company also provides after-sales services such as providing spares, components, and accessories and providing repairs and maintenance of the machines after delivery.
Global Pet Industries have two business divisions (i) domestic sales; and (ii) exports. It has a presence in 19 states for its domestic market based on sales made for the period ending December 31, 2022. Internationally, it supplies products in 19 countries.
Peer Comparison
• N/A
Global Pet Industries Financial Status
Profit and Loss
Balance Sheet
Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
---|---|---|---|
Revenue | 2760.57 | 2251.79 | 1973.52 |
EBITDA | 178.46 | 228.09 | 156.51 |
PAT | 115.96 | 142.49 | 94.63 |
Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
---|---|---|---|
Total Assets | 1679.12 | 1592.78 | 1063.02 |
Share Capital | 44.30 | 44.30 | 44.30 |
Total Borrowings | - | - | 24.26 |
Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
---|---|---|---|
Net cash generated from / (used in) operating activities | 28.69 | 166.39 | 166.95 |
Net cash from / (used in) investing activities | 4.82 | 9.90 | 105.60 |
Net cash flow from / (used in) financing activities | 1.56 | 26.52 | 0.02 |
Net increase (decrease) in cash and cash equivalents | 22.31 | 149.77 | 61.37 |
Global Pet Industries IPO Key Points
-
Strengths:
1. Customer base across geographies and industries
2. The product mix has evolved over the past several years as the company has entered into new product categories. The product portfolio includes the Electra series- All Electric Servo Controlled Fully Automatic Pet Stretch Blow Moulding Machine, Eco Series - 3 Cavity Automatic Pet Stretch Blow Moulding Machine, Fully Automatic Pet Stretch Blow Moulding Machine and semi-Automatic Pet Stretch Blow Moulding Machine and types thereof.
3. Quality assurance
4. Apart from manufacturing of PET Stretch Blow Moulding Machine, the Company also provides after-sales services such as providing spares, components, and accessories and providing repairs and maintenance of the machines after delivery -
Risks
1. The company has certain outstanding litigation against them, an adverse outcome of which may adversely affect its business, reputation, and results of operations
2. The company does not have long-term agreements with suppliers for its raw materials and an increase in the cost of, or a shortfall in the availability or quality of such raw materials could have an adverse effect on the business, financial condition, and results of operations.
3. The company has recently commissioned its manufacturing facility at Manufacturing Unit - 2. Underutilization of its manufacturing capacities would have an adverse effect on the business, future prospects, and future financial performance.
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
Open account in 5 minutes
Be a part of the 5paisa community now with 10 million mobile app downloads
Please keep below documents handy:
- PAN Card
- Aadhar Card
- Bank Account Number
Global Pet Industries IPO FAQs
What is the minimum lot size required for the Global Pet Industries IPO?
The minimum lot size of Global Pet Industries IPO is 3000 shares.
What is the price band of the Global Pet Industries IPO?
The price band of the Global Pet Industries IPO is Rs.49 per share.
When does the Global Pet Industries IPO opens and closes?
The Global Pet Industries IPO opens on June 29, 2023 and closes on July 3, 2023.
What is the size of the Global Pet Industries IPO ?
The Global Pet Industries IPO comprises a total issue of 2,700,000 shares (aggregating up to ₹13.23 Cr)
What is the allotment date of Global Pet Industries IPO?
The Allotment date of Global Pet Industries IPO is 6th July 2023.
What is the Global Pet Industries IPO listing date?
The listing date of Global Pet Industries IPO listing is 11th July 2023.
Who are the book runners for Global Pet Industries IPO?
Shreni Shares Private Limited is the book runner for Global Pet Industries IPO.
What is the objective of Global Pet Industries IPO ?
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1. Funding Capital Expenditure towards the construction of factory building, and
2. General Corporate Purposes.
How to apply for the Global Pet Industries IPO?
To apply for the IPO, follow the steps given below
• Login to your 5paisa account and select the issue in the current IPO section
• Enter the number of lots and price at which you wish to apply for
• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
• You will receive a mandate notification to block funds in your UPI app
Contact Details of Global Pet Industries IPO
Contact Information
Global Pet Industries Limited
Unit No. 108 & 109, Karishma Industrial Estate,
Hissa No. 5, Survey No. 36, Village Waliv,
Dhumal Nagar, Vasai (East), Palghar – 401208,
Phone: +91 8669621562
Email: investor@globalpetind.com
Website: https://globalpetind.com/
Global Pet Industries IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Global Pet Industries IPO Lead Manager
Shreni Shares Private Limited