GSM Foils IPO Date, GMP, Review, Price, Form & Market Lot Details

The GSM Foils IPO has begun on 24-May-2024. It will close on 28-May-2024. The Total IPO Size is 11.01 Crores.

GSM Foils has set its IPO price is 32 Rs Per Share. They divided IPO into two general categories 1) Others 2) Retail Individual Investors.

GSM Foils is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils.

The Blister Foils and Aluminium Pharma Foils is used in packing of pharmaceutical medicines which includes capsules and tablets both. They offer Aluminium foils in different sizes, shapes and thickness to meet diverse needs of their clients .

The manufacturing facility at Gala No 06/106/206/306, Sapphire Building, Diamond Industrial Estate, Vasai East IE, Thane, Vasai, Maharashtra, India.

The company have PAN India presence with their clientele base in 13 states and 1 Union territory for our domestic market based on sales made for the period ended December 31, 2023, June 26, 2023 and for the financial year ended March 31, 2023, 2022 and 2021in states of Dadra & Nagar Haveli and Daman & Diu, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Puducherry, Sikkim, Tamil Nadu, Telangana and West Bengal.

Check :- Upcoming SME IPO 2024

GSM Foils IPO Promotor Holding

Mr. Sagar Girish Bhanushali and Mr. Mohansingh L Parmar are the promoters of the company.

GSM Foils IPO Date, Details & Price Band

IPO Opening Dates 24-May-2024
IPO Closing Dates 28-May-2024
Price Band 32 Rs
Fresh Issue 11.01 Crore
Total IPO size 11.01 Crore
Minimum bid (lot size) 4000 Shares
Face Value 10 INR Per Share
Listing On NSE SME

GSM Foils IPO Market Lot

The GSM Foils IPO minimum market lot is 4000 shares With 128,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 4000 128,000 Rs
Maximum 1 4000 128,000 Rs
S-HNI (Min) 2 8000 256,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax
31-Mar-23 1,438.18 6,588.69 142.97
31-Mar-22 1,050.65 7,185.04 63.65
31-Mar-21 720.57 3,646.23 33.93

GSM Foils IPO GMP Grey Market Premium

GSM Foils IPO GMP Grey market premium has been started today. Check Latest GSM Foils IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

GSM Foils IPO Prospectus

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GSM Foils IPO Reviews

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GSM Foils IPO Form Download

GSM Foils IPO is available on NSE Website as well as on our Portal. Please click here

GSM Foils IPO form Download.

GSM Foils IPO Allotment Date & Details

Allotment Date 29-May-2024
Initiation of refunds 30-May-2024
Transfer of shares to Demat accounts 30-May-2024
Listing Date 31-May-2024
Check Allotment Status Click here

Registrar of GSM Foils IPO

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
Investor grievance e-mail:
Contact Person: Mr. Asif Sayyed
SEBI Registration No.: INR000001385

GSM Foils Contact Details

GSM Foils Limited
Gala No 06/106/206/306, Sapphire Building
Diamond Industrial Estate, Vasai East IE,
Thane- 401208
Phone: +9184689 68102

GSM Foils IPO Lead Managers

(Formerly Known as Shreni Shares Private Limited)
Office No. 217, Hive 67 Icon, Poisar Gymkhana Road Lokmanya Tilak Nagar
Poisar, Near Raghuleela Mall, Kandivali West, Mumbai-400067, Maharashtra,
Telephone: 022- 2089 7022
Investors Grievance e-mail:
Contact Person: Ms. Tanya Gotal
SEBI Registration Number: INM000012759