GSM Foils Limited
ListedSMENon‑Ferrous Metals / Packaging Materials · NSE
GSM Foils Limited started in April 2019 and specializes in making Blister Foils and Aluminium Pharma Foils (also called Strip Foils) used to pack medicines like capsules and tablets. Since these foils directly touch medicines, the company follows top-quality standards to ensure safety. Their manufacturing unit is located in the Sapphire Building, Thane, Vasai, Maharashtra, spread across 7,973 sq. ft. with advanced machinery for production, testing, research, storage, and packaging — all under one roof. The company holds an ISO 9001:2015 certification, proving its dedication to quality. GSM Foils serves customers across 13 states and 1 Union Territory in India, with 39 employees as of February 28, 2024.
Price Band
₹32
Issue Size
₹11.01 Cr
Lot Size
4000 shares
GMP
₹6
+18.8%
Est. Listing
₹38
at current GMP
Subscribed
253.32x
overall
Open
24 May 2024
Close
28 May 2024
Allotment
29 May 2024
Refund
30 May 2024
Demat Credit
31 May 2024
Listing
31 May 2024
Last updated 12 days ago
Official Registrar Verification
GSM Foils Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
29 May 2024
Basis finalization
Refunds Initiate
30 May 2024
Mandate release
Demat Credit
31 May 2024
Shares in demat
Listing Debut
31 May 2024
Trading begins
How to Check GSM Foils Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select GSM Foils Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About GSM Foils Limited Public Issue & Market Profile
GSM Foils Limited is bringing an initial public offering (IPO) in the Non‑Ferrous Metals / Packaging Materials sector with an aggregate issue size of ₹11.01 Crores. The shares are offered at a price band of ₹32 to ₹32 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-05-28, the basis of allotment is scheduled to be finalized on 2024-05-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.