Gabriel Pet Straps Limited IPO
Company engaged in the manufacturing and selling of PET straps under the brand name “Gabriel.” These PET straps, varying in width from 9mm to 32mm and thickness from 0.70mm to 1.30mm, are primarily used for packaging heavy materials. The company takes pride in its sustainable production approach, using a blend of virgin raw materials (hot washed PET bottle flakes) and recycled materials (used PET straps grinding). This not only reflects an eco-friendly approach but also addresses the growing environmental concerns in manufacturing.
The company has a robust market presence across India, with a distribution network spread over 10 states. This wide geographic footprint underscores their strong domestic market penetration. The product’s versatility is further highlighted by its application in various industries, including Cotton Bales, Fiber, Packaging, Paper, and Waste Cloth, suggesting a broad customer base.
Technological advancements and the addition of automatic machinery have significantly enhanced the company’s production capacity and product quality. This continuous improvement strategy, coupled with the company’s philosophy of “Waste to Best Process,” indicates a commitment to innovation and efficiency.
Quality control is a key focus, with the manufacturing process utilizing extrusion lines technology and quality testing machinery to maintain high standards. The ability to customize products in terms of size, color, and the option for direct printing on the straps demonstrates a customer-centric approach and adaptability to specific market demands.
The company’s operational efficiency is also evident in its well-equipped manufacturing facilities, which include necessary machinery and handling equipment, ensuring a smooth manufacturing process and effective logistics. A strong emphasis on safety protocols within the manufacturing premises further reflects a responsible and employee-centric culture.
Customer engagement is a strategic focus, with the sales team actively seeking customer feedback and insights, enabling the company to stay attuned to market trends and evolving customer needs. This approach is crucial for continual product development and maintaining market relevance.
The SWOT analysis reveals the company’s strengths, weaknesses, opportunities, and threats, providing a balanced view of its position in the market. Strengths like experienced management, quality assurance, strong supplier relationships, and a diverse customer base provide a solid foundation for growth. Weaknesses such as rising raw material costs and capital-intensive nature of the industry present challenges that need to be navigated. Opportunities in the domestic and international market signify potential for expansion, while threats like fluctuating raw material costs and changes in government policies require strategic risk management.
In conclusion, the company’s business overview portrays a dynamic and growth-oriented organization with a strong focus on quality, innovation, sustainability, and customer satisfaction. Its strategic approach, combined with experienced leadership and robust financial performance, positions it well for future growth and market expansion.
Objects of the Gabriel Pet Straps Limited IPO:
Gabriel Pet Straps Limited IPO Details:
Open Date: | Jan 31 2024 |
Close Date: | Feb 02 2024 |
Total Shares: | 798,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Fixed Issue |
Issue Size: | 8.06 Cr. |
Lot Size: | 1200 Shares |
Issue Price: | ₹ 101 Per Equity Share |
Listing At: | BSE SME |
Listing Date: | Feb 07 2024 |
Promoters And Management:
Financials of Gabriel Pet Straps Limited IPO:
Particulars ( In Lakhs ) |
2021 |
2022 |
2023 |
7M-FY24 |
Revenue from Operations | 8 | 966 | 1,500 | 903 |
Other Income | 0 | 2 | 0.5 | 28 |
Total Revenue | 8 | 969 | 1,501 | 931 |
Cost of Materials Consumed | 0 | 677 | 1,147 | 712 |
Purchase of Stock-in-trade | 7 | 76 | 1 | 19 |
Changes in inventories | -0.4 | 0.4 | 0 | 0 |
Employees Benefit Expenses | 0 | 56 | 50 | 10 |
Other Expenses | 1 | 90 | 127 | 82 |
EBITDA | 0 | 69 | 175 | 107 |
Depreciation & Amortisation | 0 | 51 | 58 | 23 |
Finance cost | 0 | 23 | 37 | 33 |
EBIT | 0 | 18 | 117 | 84 |
OPM (%) | 0.00% | 7.11% | 11.63% | 11.48% |
PBT | 0 | -5 | 80 | 51 |
Tax | 0 | -1.6 | 28 | 20 |
PAT | 0 | -4 | 52 | 31 |
NPM (%) | 0.00% | -0.38% | 3.46% | 3.29% |
No.of Shares | 26.46 | 26.46 | 26.46 | 26.46 |
EPS | 0.00 | -0.13 | 1.96 | 1.15 |
Comparison With Peers:
Name of the Company | Revenue (In Crore) | PAT (In Crore) | EPS ( in Rs) | P/E | CMP | Mcap (In Crore) |
Gabriel Pet Straps Limited | 15 | 0.5 | 1.96 | 51.4 | 101 | 27 |
Vera Synthetic Limited | 41 | 1.8 | 3.69 | 16.3 | 52 | 26 |
Lead Manager of Gabriel Pet Straps Limited IPO:
Registrar of Gabriel Pet Straps Limited IPO:
Company Address:
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