GSM Foils Limited IPO
Details Below
1) Issue Date: May 24, 2024
2) Closed Date:- May 28, 2024
3) Issue Prize : 32 Rs per share
4) Allotment Date:- May 29, 2024
5) Initiation of Refunds: May 30,2024
6) Credit of Shares to Demat: May 30 2024
7) Listing Date :- May 31 ,2024
8) Lot Size: 4000 share (Minimum investment Rs 128000)
9) Expected Listing Earning: 40 Rs per equity share
10) Profit : 160000 Rs.Per lot💰💰💰💰
11) Listing At: NSE SME
GSM Foils IPO Lot Size
Investors can bid for a minimum of 4000 shares and in multiples thereof.
Application Lots Shares Amount
Retail (Min) 1 4000 ₹128,000
Retail (Max) 1 4000 ₹128,000
HNI (Min) 2 8000 ₹256,000
GSM Foils Limited Financial Information
Period Ended 31Dec2023 31Mar2023 31Mar2022 31Mar2021 Assets 2,208.18 1,438.18 1,050.65 720.57 Revenue 2,717.87 6,588.69 7,185.04 3,646.23 Profit After Tax 124.79 142.97 63.65 33.93 Net Worth 126.99 835.73 659.06 657.82 Reserves and Surplus 124.79 Total Borrowing 1,412.95 242.43 219.20
Company Overview:
GSM Foils Limited is a company that specializes in manufacturing Blister Foils and Aluminium Pharma Foils (also known as strip foils). These foils are primarily used for packaging pharmaceutical medicines such as capsules and tablets. Let me provide you with more details about GSM Foils Limited:
Incorporation and Location:
GSM Foils Limited was incorporated in August 2019 as an LLP (Limited Liability Partnership).
The company’s registered office is located in Thane, Maharashtra, India.
Product Range:
Blister Foils: These foils are used for blister packaging, which involves sealing individual tablets or capsules in a protective foil.
Aluminium Pharma Foils (Strip Foils): These foils are used for strip packaging, where multiple tablets or capsules are arranged in a strip and sealed with the foil.
Quality Focus:
Since these foils come into direct contact with medication, quality is of utmost importance.
GSM Foils Limited ensures that its products meet international standards and are suitable for pharmaceutical packaging.
Market Presence:
The company serves across 13 States and 1 Union Territory in India, indicating a wide geographical reach.
Key Features:
Timely Delivery: GSM Foils Limited is known for its prompt delivery.
Premium Packaging: The company emphasizes high-quality packaging for its products.
Ethical Business Practices: Ethical conduct is a core value for the company.
Customized Range: GSM Foils offers customized solutions to meet specific packaging requirements1.
In summary, GSM Foils Limited plays a crucial role in ensuring safe and reliable packaging for pharmaceutical products, contributing to the healthcare industry’s overall quality and safety standards. If you need further information, feel free to ask! 😊📦🌟12
Disclaimer:
Accuracy and Information:
The content on the IPO Minister website is for informational purposes only. While we strive to provide accurate and up-to-date information, we recommend verifying details independently.
Our analysis, insights, and guidance are based on available data, but market conditions can change rapidly.
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