Global Pet Industries IPO: GMP, subscription subscription status, issue details
The initial public offering (IPO) of Global Pet Industries, opened for subscription on 28 June, 2023. The issue will be available for subscription till July 3, 2023. The company is proposed to be listed on NSE Emerge which is a NSE-backed platform for small and medium-sized enterprises and startups.
As per the data from chittorgarh.com, Global Pet Industries IPO subscribed 0.24 times. The public issue subscribed 0.41 times in the retail category, and 0.06 times in the NII category.
Here are the key highlights of the IPO:
GMP: The grey market premium of Global Pet Industries today is ₹49.
Issue size: Through the IPO, the company plans to offer a fresh issue of 2,700,000 equity shares. The issue size is to the tune of ₹13.23 crore.
Price band: Global Pet Industries has set a price band of ₹ 49 per share for its IPO.
Issue availability: The IPO will open on 28 June, 2023 and close on July 3, 2023.
Listing: The shares will list on NSE’s EMERGE platform.
Proceeds: The IPO proceeds are to be deployed funding Capital Expenditure towards construction of factory building and general corporate purpose
Financial data: For the year ended March 31, 2023, Global Pet Industries total revenue stood at ₹23.06 crore. The company’s EBITDA was ₹4.29 crore and reported a net profit of ₹1.56 crore.
Incorporated in 2013, Global Pet Industries Limited is a manufacturer and exporter of Two Stage PET Stretch Blow Moulding Machines.
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Updated: 28 Jun 2023, 07:20 PM IST