GSM Foils Limited IPO Date, Price, Review and Details
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GSM Foils Limited IPO
GSM Foils Limited IPO was engaged in making the Blister
Foils and Aluminium Pharma Foils also called "Strip Foils" used for
packaging medicines like capsules & tablets. These foils are the first
layer of packaging that touches the medicine, so they ensure they are of the
highest quality. Blister Foils are often used to package individual doses of
tablets. They are great for securely packing medical and pharmaceutical
products. The bright side of the foil is coated for heat sealing, while the
matte side is coated for printing. The main part of blister packs is made from
a "formable" web, which can be either plastic or aluminum. They offer
products that meet industry quality standards.
Company Promoters:
- Mr. Sagar Girish Bhanushali
- Mr. Mohansingh L Parmar
Objects of this Issue:
- Funding of capital expenditure towards purchase of Plant and Machineries.
- Funding Working Capital Requirements of their Company.
- General corporate purposes.
Financial Information of the Company:
Particular
Amount in Lakhs (Rs.)
As on 31 March 2024
As on 30 March 2023
As on 31 Mar 2022
Total Assets
1438.18
1050.65
720.57
Total Liabilities
602.45
391.59
62.75
Net Profit
142.97
63.65
33.93
Particular
Amount in Lakhs (Rs.)
As on 31 March 2024
As on 30 March 2023
As on 31 Mar 2022
Total Assets
1438.18
1050.65
720.57
Total Liabilities
602.45
391.59
62.75
Net Profit
142.97
63.65
33.93
GSM Foils Limited IPO Schedule
1. Bid or Offer Opens on: 24
May 2024
2. Bid or Offer Closes on: 28
May 2024
3. Finalization of BoA: 29 May
2024
4. Initiation of Refunds: 30
May 2024
5. Credit of shares to Demat
account: 30 May 2024
6. Listing Date: 31 May 2024
GSM Foils Limited IPO Lot Size
The market lot size of GSM Foils Limited IPO is 8,000 shares. The minimum and maximum order quantity is as follows:
Application | Lots | Shares | Amount |
Minimum | 1 | 4000 | ₹128,000 |
Maximum | 1 | 4000 | ₹128,000 |
S-HNI(Minimum) | 2 | 8,000 | ₹256,000 |
Company Contact Details:
Gala
No 06/106/206/306, Sapphire
Building,
Diamond Industrial Estate,
Vasai
East IE, Thane, Maharashtra,
India,
401208
Phone: +9184689 68102
Email: investors@gsmfoils.com
Website: www.gsmfoils.com
GSM Foils Limited IPO Registrar Details:
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
Telephone: 022 - 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
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