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
Overall Subscription
253.32x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
259.62x
High Net-Worth
Retail (RII)
247.01x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,632,000 | 423,704,000 | 259.62x |
| RETAIL | 1,632,000 | 403,128,000 | 247.01x |
| Total | 3,264,000 | 826,832,000 | 253.32x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 301 | 74,350 | 247.01x |
| HNIs (10L +) | 2 | 519 | 259.62x |
| HNIs (2-10L) | 9 | 2,337 | 259.62x |
| Total Applications | 312 | 77,206 | 247.46x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is GSM Foils Limited IPO GMP today?
The latest Grey Market Premium (GMP) for GSM Foils Limited IPO is ₹6 per equity share. Based on the upper price band of ₹32 to ₹32 per equity share, the estimated listing price is ₹38 (+18.8% expected listing gain).
What is the expected profit per lot for GSM Foils Limited IPO?
With a lot size of 4000 shares and current GMP of ₹6, the expected profit per application lot is approx ₹24,000 (+18.8% gain). Minimum application cost is approx ₹1,28,000.
What is the issue size and price band for GSM Foils Limited IPO?
The GSM Foils Limited IPO aggregate issue size is ₹11.01 Crores with an equity price band set at ₹32 to ₹32 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,28,000.
How can I check GSM Foils Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 253.32x (Retail: 247.01x, QIB: 0.00x, NII: 259.62x). You can track live multiples directly on our dedicated subscription page.
Where and when will GSM Foils Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-05-29. Investors can verify status using PAN card or application number.
When is the listing date for GSM Foils Limited IPO?
GSM Foils Limited shares are scheduled to list on NSE on 2024-05-31.