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Global Pet Industries Limited IPO (Global Pet Industries IPO) Detail

June 28, 2023 - July 3, 2023

Global Pet Industries IPO is a fixed price issue of Rs 13.23 crores. The issue is entirely a fresh issue of 27 lakh shares.

Global Pet Industries IPO bidding started from June 28, 2023 and ended on July 3, 2023. The allotment for Global Pet Industries IPO was finalized on Thursday, July 6, 2023. The shares got listed on NSE SME on July 10, 2023.

Global Pet Industries IPO price is ₹49 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹147,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹294,000.

Shreni Shares Limited is the book running lead manager of the Global Pet Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Global Pet Industries IPO is Shreni Shares.

Refer to Global Pet Industries IPO RHP for detailed information.

Global Pet Industries IPO Details

IPO Date June 28, 2023 to July 3, 2023
Listing Date July 10, 2023
Face Value ₹10 per share
Price ₹49 per share
Lot Size 3000 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 Type Fixed Price Issue IPO
Listing At NSE SME
Share holding post issue9,787,408
Market Maker portion138,000 shares
Shreni Shares

Global Pet Industries IPO Reservation

Global Pet Industries IPO offers 2,700,000 shares. 1,281,000 (47.44%) to NII, 1,281,000 (47.44%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered138,000 (5.11%)
Other Shares Offered1,281,000 (47.44%)
Retail Shares Offered1,281,000 (47.44%)
Total Shares Offered2,700,000 (100%)

Global Pet Industries IPO Timeline (Tentative Schedule)

Global Pet Industries IPO opens on June 28, 2023, and closes on July 3, 2023.

IPO Open Date Wednesday, June 28, 2023
IPO Close Date Monday, July 3, 2023
Basis of Allotment Thursday, July 6, 2023
Initiation of Refunds Friday, July 7, 2023
Credit of Shares to Demat Monday, July 10, 2023
Listing Date Monday, July 10, 2023
Cut-off time for UPI mandate confirmation 5 PM on July 3, 2023

Global Pet Industries IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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.

Share Holding Pre Issue 100.00%
Share Holding Post Issue 72.41%

About Global Pet Industries Limited

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.

Company Financials

Global Pet Industries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,063.022,001.9294.63446.00401.7124.26
31-Mar-211,592.782,285.83142.49588.50544.20
31-Mar-221,679.122,800.45115.96704.45660.16
31-Dec-222,240.272,305.71156.16860.61816.31
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Global Pet Industries IPO is Rs 47.96 Cr.

KPI Values
ROE19.96%
ROCE14.43%
RoNW19.84%
Pre IPO Post IPO
EPS (Rs) 1.71
P/E (x) 23

Objects of the Issue (Global Pet Industries IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Funding Capital Expenditure towards the construction of factory building, and
  2. 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 July 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)

CategorySubscription (times)
Other4.44
Retail4.14
Total4.30

Total Application : 1,768 (4.14 times)

Global Pet Industries IPO Prospectus

Global Pet Industries IPO Rating

4
3.0
Rating:Rated 3.0 stars
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Global Pet Industries IPO Listing Details

Listing Date July 10, 2023
BSE Script Code
NSE Symbol GLOBALPET
ISIN INE0PS501019
Final Issue Price ₹49 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹49.00
₹52.00
₹51.50
₹54.60
₹52.80

Check IPO Performance…

Global Pet Industries Limited Contact Details

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://ipo.bigshareonline.com/ipo_status.html

Global Pet Industries IPO - Buy or Not

Global Pet Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Global Pet Industries IPO FAQs

Global Pet Industries IPO is a SME IPO of 2,700,000 equity shares of the face value of ₹10 aggregating up to ₹13.23 Crores. The issue is priced at ₹49 per share. The minimum order quantity is 3000 Shares.

The IPO opens on June 28, 2023, and closes on July 3, 2023.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Global Pet Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Global Pet Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Global Pet Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Global Pet Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Global Pet Industries IPO opens on June 28, 2023 and closes on July 3, 2023.

Global Pet Industries IPO lot size is 3000 Shares, and the minimum amount required is ₹147,000.

You can apply in Global Pet Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Global Pet Industries IPO will be done on Thursday, July 6, 2023, and the allotted shares will be credited to your demat account by Monday, July 10, 2023. Check the Global Pet Industries IPO allotment status.

The Global Pet Industries IPO listing date is on July 10, 2023.
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Global Pet Industries IPO Message Board

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233 Comments

103. Jonsnow |   Link |  Bookmark |July 28, 2023 5:13:50 PM (300+ Posts)
Heavy selling is seen when it comes to 70 71 odd levels from last 4 days .... Why so?
103.5. SJogi |   Link |  Bookmark |July 31, 2023 10:27:33 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
@Jonsnow 
Check today's volume chart.
Someone has bought 90k shares in 3 min at around 2:15pm.
Something is going to happen.
Only patient holders will be rewarded.
Full year results are awaited.
103.6. Jonsnow |   Link |  Bookmark |August 1, 2023 6:18:08 PM (300+ Posts)
Yes bro...i saw volume spiked from 50k to 142k in 2 3 minutes...... Price is being intentionally kept in 66 to 70 range...soon it will give upmove..
102. SSingh |   Link |  Bookmark |July 26, 2023 6:33:29 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Looks like @MRavichandran sir took exit from this counter. 90K shares sold in a bulk deal yesterday.
102.5. PrateekChh |   Link |  Bookmark |July 27, 2023 10:43:33 AM
@MRavichandran great!!
102.6. common man |   Link |  Bookmark |August 2, 2023 11:30:05 AM
@MRavichandran ji, Any updates on Spectrum ? Do you expect retailers selling will exhaust anytime soon ?
101. BEPOSITIVERAJESH |   Link |  Bookmark |July 26, 2023 7:45:27 AM
On 25 Jul 23 there was 90,000 qty selling in global pet at 62.15 price by Venkataswamynaidunimmakayala.
100. BEPOSITIVERAJESH |   Link |  Bookmark |July 25, 2023 10:25:18 AM
Why Global pet industries is not sustaining above 70 levels. Day by day sellers are increasing.
100.5. NaniNaresh |   Link |  Bookmark |July 25, 2023 11:35:13 AM
Just profit booking is happening. Soon you will see 100 in coming weeks
100.6. PrateekChh |   Link |  Bookmark |July 25, 2023 11:42:31 AM
@NaniNaresh hosla badhane ke liye thankyou!
99. Nani Naresh |   Link |  Bookmark |July 24, 2023 11:36:42 AM
Since listing, 47% profit it has given. Some profit booking is happening now. Rs. 65 has strong support. we can see 200+ easily in coming weeks
99.1. Jonsnow |   Link |  Bookmark |July 24, 2023 12:09:17 PM (300+ Posts)
Let this first cross 100 buddy....😀
99.2. NaniNaresh |   Link |  Bookmark |July 25, 2023 2:42:26 PM
As I said earlier, stock recovered will from -13% to -3% now. Operators accumulated all retail holder shares smartly. Now, stock will move to positive side.
98. Ipoaspire |   Link |  Bookmark |July 21, 2023 4:36:07 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Do not worry about the fluctuations.as some one told share doesn't go straight,ups and downs are common.if u believe the company is good ,don't worry about the downs.this is a very good company and I m expecting 100 levels soon and 150 by sept 23.it has bright future prospects.
98.2. Ipoaspire |   Link |  Bookmark |July 21, 2023 9:15:28 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Rbm has already went more than double ,profit booking and subsequent results matters.tgis company very good than that , definitely it will go to higher levels ...am expecting by next month it should cross 100 ..let's see
98.3. SJogi |   Link |  Bookmark |July 22, 2023 12:31:44 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
@Gaurav DD dimer 
RBM went 3X after listing and near 100 price, company lose an order from L&T thats why it fell down, company has not given 1st quarter result update, that is also reason of its fall.
@Ipoaspire correct.
Global pet is going to announce their full year results soon(confirmed from company), it might consolidate near 80-90 for some time or even go above 100, but as soon as the results and future prospects are published by the company it may cross 130 level in no time.
Strong investors have invested in this company, size is very small, anytime it can become a rocket. 5X growth is expected after their new factory is set up.
company is exporting their machines globally in many countries and in INDIA.they have 0 debt and enjoy monopoly in the business.

we all know the demand of PET industry in future, also look at the Cool Caps company though business is different but they belong to same sector.
current PE of global PET is around 33.
please do your own research before buying it. Please go through their website for more accurate information of the bussiness.
not a buy recommendation.
97. PrateekChh |   Link |  Bookmark |July 21, 2023 11:27:54 AM
market's not so bad, why lower circuit in global pet which seems to be a growing company. kya retailers ko fasaya ja raha hai???
97.1. Shredder Inv |   Link |  Bookmark |July 21, 2023 1:08:19 PM
bhai market is down 800+. And moreover you cannot expect UC everyday. There needs to be correction in between for healthy growth.
96. rahulkrjain |   Link |  Bookmark |July 21, 2023 11:25:18 AM (300+ Posts)
@SJogi 

Any support level to add more qty?
95. Manan Surana |   Link |  Bookmark |July 21, 2023 10:57:26 AM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
sir can you share your thoughts about spectrum talent
94. Shredder Inv |   Link |  Bookmark |July 18, 2023 5:10:44 PM
Going strong 💪.Could have added one lot today @64 missed due to work.
93. SJogi |   Link |  Bookmark |July 18, 2023 4:37:02 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
got this data from Cool Caps investor presentation.
only for long term holders. i'm holding my all lots for minimum 2 years now after reading the data for PET bottles.
please do your own research before buying.

93.7. Manan Surana |   Link |  Bookmark |July 21, 2023 1:33:41 PM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
should wait till September results i guess
93.8. ultrasnow |   Link |  Bookmark |July 21, 2023 3:50:40 PM
Exit allotment at 72.15
92. Jonsnow |   Link |  Bookmark |July 18, 2023 1:53:28 PM (300+ Posts)
When will its circuit revise?
92.3. Gaurav DD dimer |   Link |  Bookmark |July 19, 2023 12:07:28 PM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
@Jonsnow 

Will reach near 100, some selling will be there near 100. if it sustain the price near 100 than 125 also possible
92.4. Jonsnow |   Link |  Bookmark |July 19, 2023 12:27:47 PM (300+ Posts)
@Gaurav DD dimer....thanks sir....will hold for some more time......hope it touches 100 soon...
91. Ipoaspire |   Link |  Bookmark |July 17, 2023 7:58:13 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Bought 3 lots today .company is having good future prospects.expecting 150 by sept 23.good company with high potential .unique business
90. SSingh |   Link |  Bookmark |July 16, 2023 7:08:02 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Looks safe to add a few more lots now. 🤩
90.1. arvindarvind |   Link |  Bookmark |July 16, 2023 9:16:45 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
Do lot to hain @ 52
Ek aur lot le loon??
90.2. SSingh |   Link |  Bookmark |July 17, 2023 4:59:50 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Why not? Start making a habbit of averaging at upper levels and not when stock goes down. After every 20% upside, add some more and keep strict stop losses. This will increase your profits multifold. 👍
89. SSingh |   Link |  Bookmark |July 12, 2023 10:27:27 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
@SJogi All fundamentals of the company nicely briefed here. Lot of love and congratulations bhai… You have picked a multibaggar here… 😍
89.18. SJogi |   Link |  Bookmark |July 24, 2023 3:47:32 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
@Jonsnow 
Sir i would suggest u to wait for 1-2 week, as one of the board meeting agenda was to give future guidance but it is still not updated by the company, hoping that they will give soon.
If nothing comes i would suggest u to take a call according to your capacity.
Please research the company thoroughly make any decision.
I would suggest not to average it.
89.19. Shanta rao |   Link |  Bookmark |July 25, 2023 11:53:08 AM
Added 4 lots avg 63, retailers are selling and big players are buying. Those who want to sell pls sell it i want to add more at this level.
88. Manan Surana |   Link |  Bookmark |July 12, 2023 10:21:02 AM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
@SSingh can try to place pre open order tomorrow on 9.00 am on upper circuit price which will be 61.01 to grab a lot?
88.1. SSingh |   Link |  Bookmark |July 12, 2023 10:26:10 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
AMO order laga do. But ye milna mushkil hai ab ₹75-₹78 se pehle. Keep trying!! 👍👍
87. SJogi |   Link |  Bookmark |July 11, 2023 8:10:28 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Aegis investment fund is a Mauritius based firm.😮
They were anchor investor in Crayons and Droneacharya 😮😮
Good for global pet❤️
They bought 2,01,000 shares in global pet.
87.5. SJogi |   Link |  Bookmark |July 26, 2023 12:43:18 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Aegis investment firm did 3 bulk deals in a month in bright outdoor sme of approx 23CR
And now bright is hitting new high everyday.

Expecting same in global pet😉😜
Soon it will be above 100.
87.6. SJogi |   Link |  Bookmark |August 2, 2023 4:35:16 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Expecting results to come within 7-8 days.
86. Manan Surana |   Link |  Bookmark |July 11, 2023 10:54:42 AM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
@SSingh and all other senior members , pls guide how to buy this in pre open tomorrow on zerodha , what will be the procedure
85. SSingh |   Link |  Bookmark |July 11, 2023 10:30:40 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Bought 2 more lots at LC today. Total 9 lots now. This will be a ‘quick multibaggar’ category candidate. Just hold for ‘15-20’ trading sessions and see the magic!! 🪄🧚‍♀️
84. Desiinvestor???? |   Link |  Bookmark |July 10, 2023 9:03:50 PM
@MRavichandran @abc xyz  @SSingh Today MM shreni sell global pet ltd 126000 share at @52.53 via block deal
This is not a good move I think for Pet global.
84.1. SSingh |   Link |  Bookmark |July 10, 2023 9:11:38 PM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Market Makers sell their shares early to ‘operators’ so that they can operate. Share India sold EXHICON shares very early and after that only real upmove started. So don’t think negative. ALL IS WELL so far. 😂