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GSM Foils IPO

Listed Listed stocks

GSM Foils IPO Details

  • Bidding Date

    24-May-2024 to
    28-May-2024

  • Issue Size

    ₹11.01 Cr

  • Price Band

    ₹32

  • Allotment date

    29-May-2024

  • Listing date

    31-May-2024

  • Lot size

    4000

  • No. of shares

    34,40,000

  • Fresh issue/OFS

    ₹11.01 Cr /--

About GSM Foils Company

GSM Foils Limited, incorporated in September 2023, is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils (also known as “Strip Foils”), which are used in the packaging of pharmaceutical medicines including capsules and tablets. These foils, as primary packaging materials, come in direct contact with the medicines, thus requiring utmost care regarding their quality. They offer aluminium foils in various sizes, shapes, and thicknesses to meet the diverse needs of their clients. Their product range includes plain and printed aluminium foils and strip foils, as well as alu-alu base foils, ranging from 0.020 to 0.040 microns for coated/poly laminated/blister/strip printed foils. The company's product-wise revenue bifurcation for various periods is as follows: Blister Foils: Major contributor to the revenue, accounting for 68% of the revenue for the period ended December 31, 2023 Pharma Foils: Constituting the remaining 32% of revenue for the same period.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    240.4x

GSM Foils Financials

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FAQs for GSM Foils IPO.

The issue size of GSM Foils is ₹11.01 Cr.

GSM Foils falls into Metal Processing industry.

The GSM Foils IPO will be listed on BSE.

The open and close dates for the GSM Foils are 24-May-2024 & 28-May-2024.

The price band for the GSM Foils ipo is ₹32

The listing date of GSM Foils IPO is 31-May-2024.

The purpose of this IPO is to raise fresh capital.

GSM Foils total subscription ratio is 240.4X.

Key financial of the GSM Foils are:


GSM Foils FY-24 FY-23 FY-22 FY-21
Revenue (₹ Cr) 40.83 65.88 71.85 36.46
EBIT (₹ Cr) 2.59 2.69 1.24 0.63
Proft after Tax (₹ Cr) 1.37 1.43 0.64 0.34
Debt (₹ Cr) 5.42 2.42 2.19 0
Net Worth (₹ Cr) 11.03 8.38 6.59 6.58
RoE (%) 12.4 17.06 9.71 5.17

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