Global Pet Industries Limited is engaged in the business of manufacturing pet machines, including pet blow machines, fully automatic pet machines, semi-automatic pet machines, pet blow molding machines, and pet bottle molds. They also provide spares, components, parts, and accessories for these machines, as well as after-sales services such as repairs and maintenance.
Their primary product is the PET Stretch Blow Molding Machine, used for manufacturing PET bottles ranging from 50ml to 20 Litres. These bottles cater to various industries, including 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 & distilleries bottles, and pesticide bottles.
The manufacturing process involves using raw materials such as stainless steel, EN series, copper alloys, nickel alloys, aluminum, walls, nylon gun metal, EPCOS (heavy-duty power capacitor), PU jointed timing belt, module connector, air cylinder, compact cylinder, pneumatic cylinder, and polyamide hinges. The company has reliable material suppliers, foundries, and casting suppliers who provide the necessary materials in appropriate dimensions. The raw materials are assembled and fabricated according to the manufacturing requirements, and the finished products undergo processing.
The manufacturing facilities, particularly Unit 2, are well-equipped with machinery and handling equipment to ensure a smooth manufacturing process and facilitate logistics. The company places a strong emphasis on safety, adhering to key safety norms outlined in their internal health and safety manual and conducting regular safety meetings.
Global Pet Industries Limited operates in two business divisions: domestic sales and exports. They have a presence in 19 states within the domestic market and supply products to 19 countries internationally, based on sales made until December 31, 2022. Export revenue has contributed significantly to their overall revenue in recent years.
The company is promoted by Mr. Bipin Nanubhai Panchal, who manages and controls the major affairs of the business operations with considerable experience in the industry. The company attributes its success to sustained efforts in key aspects such as product portfolio, process improvements, and increased scale of operations. They constantly expand their product portfolio by developing new designs and actively engage with customers to gather insights and feedback, enabling them to meet market requirements. Further details about the management and the promoter can be found in the Draft Prospectus.
Global Pet Industries Limited IPO Complete Details:
| IPO Date | 29 June 2023 to 03 July 2023 |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Face Value | 10 Rs. Per Share |
| Price | Rs.49 |
| Lot Size | 3000 |
| Issue Size | 2,700,000 shares (Rs. 13.23 Cr) |
| Fresh Issue | 2,700,000 shares (Rs. 13.23 Cr) |
| Listing Date | 11 July 2023 |
Global Pet Industries Limited IPO Timetable:
| Activity | Date* |
|---|---|
| Opening Date | 29 June 2023 |
| Closing Date | 03 July 2023 |
| Allotment | 06 July 2023 |
| Initiation of Refunds | 07 July 2023 |
| Credit of Shares to Demat Account | 10 July 2023 |
| Listing Date | 11 July 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31 March 2020 | 1,063.02 | 2,001.92 | 94.63 | 446.00 |
| 31 March 2021 | 1,592.78 | 2,285.83 | 142.49 | 588.50 |
| 31 March 2022 | 1,679.12 | 2,800.45 | 115.96 | 704.45 |
| 31 December 2022 | 2,240.27 | 2,305.71 | 156.16 | 860.61 |
AS OF NOW, the GMP OF Global Pet Industries Limited is Around 01 Rs.