Home  »  Ipo Review  »  Global Pet Industries Ipo

Let’s have a detailed review of the company and analytics of the Global Pet Industries IPO release date, IPO offer price, subscription, Global Pet Industries Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face Value Rs 10
Price Band Rs 49
Listing At NSE, SME
Min. Order Quantity 3000 Shares
Listing Date 11 July 2023
Offer for Sale Rs Lakh
Fresh Issue Rs 1,323 Lakh
IPO Size Rs 1,323 Lakh
Tick Size 1

Global Pet Industries IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Live Performance – Global Pet Industries Share Price

Global Pet Industries IPO – Summary

Their Company is engaged in the business of manufacturing pet machines, pet blow machines, fully automatic pet machines, semi-automatic pet machines, pet blow moulding machines, pet bottle moulds, industrial semi-automatic pet machines and spares, components, parts and accessories of such machines and equipment and other mechanical products including their components, parts and accessories.

The Promoter of this company is MR. BIPIN NANUBHAI PANCHAL. The lead manager of the issue is SHRENI SHARES LIMITED, and the Registrar of this issue is BIG SHARE SERVICES PRIVATE LIMITED.


Global Pet Industries IPO Date

The opening and closing dates of Global Pet Industries IPO are 28 June 2023 and 3 July 2023 respectively.


Global Pet Industries IPO Subscription

Day / Date NII RII Total Subscription
1st Day – 28th Jun 0.06x 0.42x 0.24x
2nd Day – 30th Jun 0.44x 0.92x 0.68x
3rd Day – 3rd Jun 4.44x 4.14x 4.30x
Shares Offered or Net Issue 1,281,000 1,281,000 2,700,000

The shares subscribed by the public will be updated here.


Global Pet Industries IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares are pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Global Pet Industries Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment Finalization 6 July 2023
Refunds Initiation 7 July 2023
Credit of Shares to Demat Account 10 July 2023
Share Listing Date 11 July 2023

Global Pet Industries IPO Price Band

The face value of each share is Rs.10, but the price band of the IPO is Rs.49 


Global Pet Industries IPO Equity Size

This Initial Public Issue of 2,700,000 Equity Shares of Rs.10 each for cash at a price of Rs.49 per equity share aggregating to Rs.1,323 Lakh.


Global Pet Industries IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 2,700,000 Equity Shares of Rs.10/ each.

Issue Size: 2,700,000 Equity Shares of Rs.10 each, aggregating to Rs.1,323 Lakh


Open Free Demat Account Now!

    Fill Your Details Here
    1. Open Demat AccountInvest in IPO


    Global Pet Industries IPO – Live Performance

    The listing date of this IPO is 11 July 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – Global Pet Industries Share Price

    Global Pet Industries IPO Grey Market Premium

    The Global Pet Industries Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X. 


    Global Pet Industries IPO – Company Overview

    Their company is engaged in the manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machine which is suitable in the business segment of Pet stretch blow moulding solutions from 50ml to 20 Litres of PET bottles.

    Such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc.

    Apart from manufacturing 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.

    Their Company has acquired the running business of M/s. Global Pet Industries, a Sole Proprietorship firm of their promoter, Mr Bipin Nanubhai Panchal vide Assignment of Business Agreement dated August 09, 2013, entered by and between their promoter and their company.


    Global Pet Industries IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Lakh)
    31-Dec-22 31-Mar-22 Mar-21 31-Mar-20
    Total Assets 2240.27 1679.12 1592.78 1063.02
    *Total Revenue 2305.71 2800.45 2285.83 2001.92
    Total Expense 2145.80 2646.34 2087.21 1880.39
    Profit After Tax 156.16 115.96 142.49 94.63

    Earnings per Equity Share (in Lakh)

    31-Dec-22 31-Mar-22 Mar-21 31-Mar-20
    Basic & Diluted 2.20 1.64 2.01 1.34

    Further, their PAT for the period ended on Dec 31, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 156.16 Lakh, Rs. 115.96 Lakh, Rs. 142.49 Lakh and Rs. 94.63 Lakh respectively.


    Global Pet Industries IPO – Promoters

    The Promoter of this company is:

    1. MR. BIPIN NANUBHAI PANCHAL

    List of Related Parties (Key Managerial Personnel)

    • Bipin Nanubhai Panchal, Chairman and Managing Director
    • Nisha Bipin Panchal, Whole Time Director
    • Harmi Bipin Panchal, Non-Executive Director
    • Paresh Vallabhbhai Raiyani, Non-Executive Independent Director
    • Hiral Jainesh Shah, Non-Executive Independent Director

    Global Pet Industries IPO – Promoters Holding

    • Pre-Issue Share Holding – 100.00%
    • Post-Issue Share Holding – 72.41%

    Global Pet Industries IPO Offer Details or Issue Details

     Particulars  No. Of Equity Shares
     Equity Shares Offered  Up to 27,00,000 Equity Shares aggregating up to Rs. 1,323 Lakh
    of which:
    Issue Reserved for the Market Makers Up to 1,38,000 Equity Shares aggregating up to Rs.67.62
    Lakh
    Net Issue to the Public Up to 12,81,000 Equity Shares aggregating up to Rs.2.00
    Lakh
    Of which:
    Retail Investors Portion Not less than [●] Equity Shares
    Other than Retail Individual Investors Not more than [●] Equity Shares
     Equity Shares outstanding prior to the Issue 70,87,408 Equity Shares
     Equity Shares outstanding after the Issue 97,87,408 Equity Shares

    Global Pet Industries IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. Funding Capital Expenditure towards the construction of factory building; and
    2. General corporate purposes

    Global Pet Industries IPO – Business Strategy

    • Invest in a proposed manufacturing facility and increase backward integration in the plant
    • Expansion of their production capacity
    • Widen their product portfolio
    • Expand their international presence
    • Continue to improve operating efficiencies through technology enhancements

    Global Pet Industries IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Customer base across geographies and industries
    • Their Product Portfolio
    • Quality assurance
    • Experienced Promoter and management team
    • After Sales Services

    The relevant quantitative factors are:

    Basic & Diluted EPS RONW (%) NAV (Rs.)
    31-Mar-22 26.18 16.46% 159.03
    31-Mar-21 32.17 24.21% 132.85
    Mar-20 21.36 21.22% 100.69

    Global Pet Industries IPO: Competitive Peers

    Face Value (Rs.) P/E EPS (Rs.) Return on Net Worth (%) Total Income (Rs. in Lakhs)
    Global Pet Industries Limited 10 [●] 26.18 16.46% 2800.45
    Listed Peers
    NA

    Global Pet Industries IPO Lead Managers

    Lead Managers
    SHRENI SHARES LIMITED
    (FORMERLY KNOWN AS SHRENI SHARES PRIVATE LIMITED)
    Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A, Survey No. A-12,
    Ram Nagar, Borivali (West), Mumbai- 400 092, Maharashtra, India
    Telephone: 22-2808 8456
    E-mail: shrenishares@gmail.com
    Investors Grievance e-mail: info@shreni.in
    Contact Person: Mr Parth Shah/Ms. Kritika Rupda
    Website: www.shreni.in
    SEBI Registration Number: INM000012759

    Global Pet Industries IPO Registrar to offer

    Registrar to the Offer
    BIGSHARE SERVICES PRIVATE LIMITED
    Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali
    Caves Road, Andheri East, Mumbai – 400 093, Maharashtra, India
    Tel: 022 – 6263 8200
    E-mail: ipo@bigshareonline.com
    Investor grievance e-mail: investor@bigshareonline.com
    Website: www.bigshareonline.com
    Contact Person: Mr. Vinayak Morbale
    SEBI Registration No.: INR000001385

    Global Pet Industries IPO – Other Details

    • Statutory Auditor – M/s Manhar Mandaliya & Co., Chartered Accountants
    • Legal Counsel to the Company – M/s. Asha Agarwal & Associates
    • Bankers to the Company – ICICI Bank Limited, Bank of Baroda Limited and HDFC Bank Limited


    Global Pet Industries IPO Review by Stock Brokers

    Top Stock Brokers Review Company Reputation Competitive Edge Financial Statement Popularity Index Promoters Reputation
    Angel Broking 7.5/10 7.4/10 8.5/10 8.1/10 7.1/10
    Sharekhan 7.2/10 7.1/10 8.6/10 8.1/10 7.2/10
    Kotak Securities 7.3/10 7.5/10 8.4/10 8.1/10 7.3/10
    ICICI Direct 7.3/10 7.3/10 8.7/10 8.1/10 7.1/10
    IIFL 7.5/10 7.2/10 8.8/10 8.0/10 7.1/10
    Edelweiss 7.5/10 7.4/10 8.4/10 8.3/10 7.2/10
    Zerodha 7.4/10 7.1/10 8.5/10 8.1/10 7.0/10
    5Paisa 7.1/10 7.1/10 8.4/10 8.1/10 7.1/10
    Karvy 7.4/10 7.3/10 8.2/10 8.1/10 7.1/10
    Motilal Oswal 7.1/10 7.1/10 8.6/10 8.3/10 7.2/10

     


    Subscribe to Global Pet Industries IPO

      Fill Your Details Here
      1. Open Demat AccountInvest in IPO


      Global Pet Industries Limited IPO News

      News 1 – IPO DRHP Download

      News 2 – IPO RHP Prospectus Download


      Global Pet Industries IPO Review FAQs

      Check out various FAQs related to Global Pet Industries:

      What is the Issue Size of Global Pet Industries?

      The Company is making an initial public offer of 2,700,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      What is the Price band of Global Pet Industries?

      The price band for this particular IPO ranges between Rs 49. As far as the face value of the share is of concern, it is Rs. 10 per share.

      What is the Global Pet Industries Open Date?

      The opening and closing dates for this IPO have been updated. The IPO is set to open on 28 June 2023, while the closing date is set at 3 July 2023.

      What is the Global Pet Industries IPO Allotment Date?

      They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on 6 July 2023, refund initiation is on 7 July 2023, credit of shares is on 10 July 2023, and share listing date is on 11 July 2023.

      What is the Global Pet Industries Listing Date?

      Shares of this company shall be listed in the exchanges on 11 July 2023. The date, when the listing would be done, is stagnant on 11 July 2023.

      Who is the Registrar of Global Pet Industries?

      One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Pvt Ltd. Their website will help you regarding the further information you are on the lookout for.

      Who is the Promoter of Global Pet Industries?

      Here are the promoters of this IPO – MR. BIPIN NANUBHAI PANCHAL. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      What is the GMP of Global Pet Industries?

      They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.

      Is Global Pet Industries Good for Investment?

      They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      What is the PAT of Global Pet Industries Company?

      They have the information on company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 115.96, 2021 is 142.49, and 2020 is 94.63. PAT from Dec 2022 is 156.16.


      Calculate your return on investment!


      Asset Class ROI (Rs.) Profit (Rs.) Profit (%)
      IPO
      Equity
      Savings
      Real Estate
      Gold
      Bonds
      Fixed Deposit
      Mutual Fund


      Featured Topics

       

      Get 100% IPO Allotment Guarantee! Subscribe to IPO