247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

GSM Foils Limited IPO (GSM Foils IPO) Details

GSM Foils Limited is an Packaging & Disposables based company, located in Mumbai, GSM Foils Limited IPO size was 11.01 Cr. and was issued at 32.00 per share. The share of GSM Foils Limited were listed at 33.60 per share and are currently trading at 129.45 per share.

Type :
Sub Sector : Manufactures Blister Foils And Aluminium Pharma Foils
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
36.22 Cr.

PAT :
1.65 Cr.

Pricing Report

Issue Price :
32.00

Listing Price :
33.60

Current Market Price :
129.45

Issue Price vs CMP :
97.45 (304.53%)

listing Price vs CMP :
95.85 (285.27%)

Performance Report (CAGR* wise)

CAGR : 784.59
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About GSM Foils

Company Information
GSM Foils Limited is engaged in the business of manufacturing blister foils and aluminium pharma foils, also known as strip foils, which are used for packing pharmaceutical medicines, including capsules and tablets. These foils are a primary packaging material that comes in direct contact with the medicine, ensuring the utmost care is taken regarding their quality. Over the years, the company has gained significant expertise in producing various types of foils for the pharmaceutical industry. The product range includes plain and printed aluminium foils, strip foils, and alu-alu base foils, with thickness options ranging from 0.020, 0.025, 0.030, and 0.040 microns for coated, poly-laminated, blister, and strip printed foils. Aluminium foils or strip foils are crucial packaging options for sensitive pharmaceutical products, protecting medicines from
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Object of Issue
  • Funding of capital expenditure towards the purchase of Plant and Machineries
  • Funding Working Capital Requirements of the company
  • General corporate purposes

GSM Foils SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
May, 2024
IPO Size :
11.01 Cr.
Market Cap :
41.00 Cr.   
IPO Subscription :
257.30 X     
PE Multiple :
24.64
Merchant Banker :
Shreni Shares Limited
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

GSM Foils operates in Packaging & Disposables and Manufactures Blister Foils And Aluminium Pharma Foils. The Issue is listed on NSE EMERGE in May, 2024. GSM Foils IPO size was 11.01 Cr. with Issue price of 32.00 .

GSM Foils IPO subscription was 257.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

GSM Foils IPO listed at a listing price of 33.60 against the offer price of 32.00.

The current market price of GSM Foils is 129.45.

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