Incorporated in 2013, Global Pet Industries Limited is a manufacturer and exporter of Two Stage PET Stretch Blow Moulding Machines.
PET Stretch Blow Moulding Machine is used for manufacturing machines that are suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc.
Apart from manufacturing PET Stretch Blow Moulding Machines, the company also provides after-sales services such as providing spares, components, and accessories and providing repairs and maintenance of the machines after delivery.
The company has 2 manufacturing units, both located in Palghar, Maharashtra.
Global Pet Industries have two business divisions (i) domestic sales; and (ii) exports. It has a presence in 19 states for its domestic market based on sales made for the period ending December 31, 2022. Internationally, it supplies products in 19 countries including Cameroon, the Central African Republic, Ghana, Haiti, Kenya, Mozambique, Nigeria, Nepal, Qatar, South Africa, Tanzania, Tunisia, UAE, Uganda, Liberia, the United States of America, Bhutan, Zambia and Zimbabwe based on sales made for the period ended December 31, 2022.
Global Pet Industries IPO Details
| IPO Date | Jun 28, 2023 to Jul 3, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹49 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 2,700,000 shares (aggregating up to ₹13.23 Cr) |
| Fresh Issue | 2,700,000 shares (aggregating up to ₹13.23 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,087,408 |
| Share holding post issue | 9,787,408 |
| Market Maker portion | 138,000 shares Shreni Shares |
Global Pet Industries IPO Reservation
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 138,000 (5.11%) |
| Other Shares Offered | 1,281,000 (47.44%) |
| Retail Shares Offered | 1,281,000 (47.44%) |
| Total Shares Offered | 2,700,000 (100%) |
Global Pet Industries IPO Timetable
Global Pet Industries IPO opens on Jun 28, 2023, and closes on Jul 3, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Wednesday, 28 June 2023 |
| Closing Date | Monday, 3 July 2023 |
| Basis of Allotment | Thursday, 6 July 2023 |
| Initiation of Refunds | Friday, 7 July 2023 |
| Credit of Shares to Demat | Monday, 10 July 2023 |
| Listing Date | Tuesday, 11 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 3, 2023 |
Global Pet Industries IPO Lot Size
The Global Pet Industries IPO lot size is 3000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹147,000 |
| Retail (Max) | 1 | 3000 | ₹147,000 |
| HNI (Min) | 2 | 6,000 | ₹294,000 |
| Lot Size Calculator |
Global Pet Industries IPO Promoter Holding
The promoter of the company is Mr. Bipin Nanubhai Pancha.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.41% |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1,063.02 | 2,001.92 | 94.63 | 446.00 | 401.71 | 24.26 |
| 31-Mar-21 | 1,592.78 | 2,285.83 | 142.49 | 588.50 | 544.20 | |
| 31-Mar-22 | 1,679.12 | 2,800.45 | 115.96 | 704.45 | 660.16 | |
| 31-Dec-22 | 2,240.27 | 2,305.71 | 156.16 | 860.61 | 816.31 | |
| Amount in ₹ Lakhs |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 23 |
| Market Cap (₹ Cr.) | 47.96 |
| ROE | 19.96% |
| ROCE | 14.43% |
| EPS (Rs) | 1.71 |
| RoNW | 19.84% |
Check Global Pet Industries IPO Peer Comparison here.
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding Capital Expenditure towards the construction of factory building, and
- General Corporate Purposes.
Global Pet Industries IPO Review (May apply)
[Dilip Davda] The company claims to be the only manufacturer of PET machines and parts globally. For the reported periods, it posted steady growth in its top lines but the bottom line marked inconsistency. Based on its 9M-FY23 performance, the issue appears fully priced. A small equity base post-IPO indicates longer gestation for mainboard migration. Well-informed/cash surplus investors may park funds with a long-term perspective. Read detail review…
Global Pet Industries IPO Subscription Status (Bidding Detail)
The Global Pet Industries IPO is subscribed 4.30 times on Jul 3, 2023 7:29:00 PM. The public issue subscribed 4.14 times in the retail category, times in the QIB category, and 4.44 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 4.44 |
| Retail | 4.14 |
| Total | 4.30 |
Total Application : 1,768 (4.14 times)
Global Pet Industries IPO Prospectus
Company Contact Information
Global Pet Industries Limited
Unit No. 108 & 109, Karishma Industrial Estate,
Hissa No. 5, Survey No. 36, Village Waliv,
Dhumal Nagar, Vasai (East), Palghar – 401208,
Phone: +91 8669621562
Email: investor@globalpetind.com
Website: https://globalpetind.com/
Global Pet Industries IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/