GSM Foils IPO

GSM Foils Ltd

₹1,28,000 /4000 sharesMinimum Investment

GSM Foils IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹32.00₹32.00₹0.00 (0.00%)

GSM Foils IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 May ‘24 - 28 May ‘24₹1,28,0004,000₹32 - ₹32
Issue SizeIPO Doc
11.01Cr
RHP PDF

About the company

GSM Foils Limited is a manufacturer of Blister Foils and Aluminium Pharma Foils (also known as strip foils), which are used in packaging of pharmaceutical medicines, such as capsules and tablets. These strips are in the form of coated, poly laminated, blister and strip printed foils. The company offers aluminium foils in different sizes, shapes and thickness viz,. 0.020 micron to 0.025 micron, 0.030 micron and 0.040 micron. The company has inhouse capacity of Coating, laminating and printing process. The company’s manufacturing facility is located at Thane in Maharashtra.;
Founded in
2019
Managing director
Mr. Sagar Girish Bhanushal
Parent organisation
GSM Foils Ltd

Strength and risks

Strengths
Risks
As per the RHP, the company’s production capacity and product portfolio have increased gradually over the past years.
The company holds ISO 9001:2015 certification.
The company’s diversified range of product portfolio allows it to meet customers' requirements as per their needs. It has added a range of blister foils and Aluminum Strip Pharma Foil to its portfolio, including Printed Vinyl Monomer Coating and Heat Sealable Coated (VMCH) Aluminum Blister Foil, Blister Foil reels, Printed aluminum pharma foil, Aluminum Strip pharma foils slitted reels, and more.
The company's manufacturing facility, spanning 7,973 square feet and including three stories and a ground level, is situated in Vasai, Mumbai, Maharashtra, India. It is designed and equipped to ensure that the production process runs smoothly.
As of December 31, 2023, the company had clients in 13 states and one Union Territory of India. These are Goa, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Puducherry, Sikkim, Tamil Nadu, Telangana and West Bengal, Dadra & Nagar Haveli and Daman & Diu, .

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular32 - 32₹2 Lakh
High Networth Individual32 - 32₹2 - 5 Lakh
For GSM Foils IPO, eligible investors can apply as Regular.
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