Global Pet Industries IPO

Global Pet Industries IPO: Global Pet Industries has scheduled its IPO (Initial Public Offering) with the following details: The IPO will commence on June 29 and conclude on July 3. Alphalogic Industries will oversee the IPO on the NSE SME platform, aiming to raise ₹13.23 crores through this offering. The IPO price band for Global Pet Industries has been set at ₹49 per share, and the market lot size is 3000 shares.

Global Pet Industries IPO Dates

The Initial Public Offering (IPO) for Global Pet Industries will begin on June 29, 2023, and conclude on July 3, 2023. The Basis of Allotment for the IPO will be finalized on Thursday, July 6, 2023, and the allotted shares will be credited to investors’ demat accounts by Monday, July 10, 2023. The listing date for Global Pet Industries IPO is scheduled for Tuesday, July 11, 2023

Global Pet Industries IPO Details

IPO DateJun 29, 2023 to Jul 3, 2023
Face Value₹10 per share
Price₹49 per share
Lot Size3000 Shares
Total Issue Size2,700,000 shares
(aggregating up to ₹13.23 Cr)
Fresh Issue2,700,000 shares
(aggregating up to ₹13.23 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Share holding pre issue7,087,408
Share holding post issue9,787,408

Important Dates of Global Pet Industries IPO

Global Pet Industries IPO opens on Jun 29, 2023, and closes on Jul 3, 2023.

EventTentative Date
Opening DateThursday, 29 June 2023
Closing DateMonday, 3 July 2023
Basis of AllotmentThursday, 6 July 2023
Initiation of RefundsFriday, 7 July 2023
Credit of Shares to DematMonday, 10 July 2023
Listing DateTuesday, 11 July 2023

Global Pet Industries IPO Lot Size

The Global Pet Industries IPO lot size is 3000 shares.

Retail (Min)13000₹147,000
Retail (Max)13000₹147,000
HNI (Min)26,000₹294,000

Objects of the Global Pet Industries IPO

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.

About Global Pet Industries Limited IPO

Global Pet Industries Limited was established in 2013 as a prominent manufacturer and exporter specializing in Two Stage PET Stretch Blow Moulding Machines.

These machines are specifically designed for the production of PET bottles ranging from 50ml to 20 Litres. They cater to various industries, including the manufacturing of fridge bottles, packaged drinking mineral water bottles, carbonated soft drink bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic product bottles, confectionery jars, Pharma bottles, liquor and distillery bottles, pesticides bottles, and more.

In addition to manufacturing PET Stretch Blow Moulding Machines, Global Pet Industries offers comprehensive after-sales services. This includes the provision of spares, components, and accessories, as well as repairs and maintenance for their machines post-delivery.

The company operates two manufacturing units, both strategically located in Palghar, Maharashtra.

Global Pet Industries operates through two distinct business divisions: domestic sales and exports. In the domestic market, they have established a presence in 19 states based on sales data up until December 31, 2022. On the international front, they supply their products to 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. These figures are based on sales data up until December 31, 2022