Global Pet Industries
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 28 Jun 2023 – 03 Jul 2023
- Listing date
- 10 Jul 2023
- Face value
- ₹10 per share
- Issue price
- ₹49 per share
- Lot size
- 3,000 shares
- Issue type
- Fixed Price issue
- Total issue size
- ₹13.23 Cr
- Market cap at offer price
- ₹47.96 Cr
- Promoter holding
- 100.00% → 72.41% pre-issue → post-issue
- ISIN
- INE0PS501019
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead managers
- Shreni Shares Ltd.
- Registered office
- Unit No.108 & 109, Karishma Industrial Estate, Hissa No.5, Survey No.36, Village Waliv, Dhumal Nagar, Vasai (East), Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Market maker | 1,38,000 | — | — |
Application size
Minimum 3,000 shares per lot, in multiples, at ₹49
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 3,000 | ₹1,47,000 |
| S-HNI (min) | 2 | 6,000 | ₹2,94,000 |
| S-HNI (max) | 6 | 18,000 | ₹8,82,000 |
| B-HNI (min) | 7 | 21,000 | ₹10,29,000 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Valuation and performance
Valuation at offer price
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 1.71 | — |
| P/E (×) | 28.65 | — |
| Market cap | — | ₹47.96 Cr |
Key performance indicators
- Return on net worth
- 19.84%
- ROCE
- 14.43%
- PAT margin
- 4.20%
- NAV per share
- ₹159.03
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
About Global Pet Industries
Global Pet Industries Limited is a manufacturer of PET stretch blow moulding machines, semi-automatic and fully automatic variants, PET bottle moulds, and related components. Founded in 2013 through acquisition of a sole proprietorship by promoter Bipin Nanubhai Panchal, the company has two manufacturing facilities in Vasai, Palghar, Maharashtra. It serves the beverage, edible oil, pharmaceutical, and cosmetic packaging sectors domestically across 19 states and internationally in 19 countries including Tanzania, UAE, USA, and Ghana. The company generated revenue of ₹2,252.13 lakhs (9-month period ended Dec 31, 2022) with PAT of ₹156.16 lakhs, maintaining EBITDA margins of 9.95%.
Company Analysis
from DRHPGlobal Pet Industries manufactures PET stretch blow moulding machines and accessories for the plastic packaging industry across domestic and export markets.
Global Pet Industries Limited is a manufacturer of PET stretch blow moulding machines, semi-automatic and fully automatic variants, PET bottle moulds, and related components. Founded in 2013 through acquisition of a sole proprietorship by promoter Bipin Nanubhai Panchal, the company has two manufacturing facilities in Vasai, Palghar, Maharashtra. It serves the beverage, edible oil, pharmaceutical, and cosmetic packaging sectors domestically across 19 states and internationally in 19 countries including Tanzania, UAE, USA, and Ghana. The company generated revenue of ₹2,252.13 lakhs (9-month period ended Dec 31, 2022) with PAT of ₹156.16 lakhs, maintaining EBITDA margins of 9.95%.
Objects of the Issue
- Funding Capital Expenditure towards construction of factory building ₹944.00 lakhs p.75
- General Corporate Purposes p.74
Issue Structure
- Total Issue
- Upto 27,00,000 Equity Shares aggregating to ₹ [●] Lakhs
- Fresh Issue
- Upto 27,00,000 Equity Shares of face value of ₹ 10/- each
- Offer for Sale
- N.A.
- Lot Size
- [●] Equity Shares and in multiples thereof
- Face Value
- ₹ 10/- each
Business Model
The company manufactures PET blow moulding machines to customer specifications via purchase orders. Revenue comes from machine sales (~67% of the period ended Dec 31, 2022), spare parts, after-sales services including installation, training and maintenance. The company follows a B2B model serving packaging manufacturers across geographies and industries.
Business Segments
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Mr. Bipin Nanubhai Panchal | Promoter | 98.87% | — |
| Ms. Nisha Bipin Panchal | Promoter Group | 1.13% | — |
| Ms. Harmi Bipin Panchal | Promoter Group | 0.01% | — |
Leadership
Auto-extracted from the company's DRHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official DRHP before relying on it.