Open Date

Listing Date

Close Date

Allotment Date

31 May 24

GSM Foils IPO Date

29 May 24

28 May 24

24 May 24

Lot Size 

4000 shares

IPO Size

₹11.01 Cr

Price Range

₹32 per share

Min. Investment

₹128000

GSM Foils IPO Details

1. The company has a cost-effective production and timely fulfillment of orders. 2. A diversified product portfolio and a well-established manufacturing facility. 3. The company ensures high quality. 4.  Experienced promoters and management team.

GSM Foils IPO Strengths

1. The company operates in a highly competitive market. 2. The operations are considerably located in Gujarat, Dadra & Nagar Haveli and Maharashtra only. 3.  High working capital requirements. 4.  It has reported negative cash flow in the past. 5.  Inventories and trade receivables form a major part of its current assets

GSM Foils IPO Risk

How to apply for GSM Foils IPO

To apply for GSM Foils IPO, follow the steps given below    • Login to your 5paisa account and select the issue in the current IPO section        • Enter the number of lots and the price at which you wish to apply for the GSM Foils IPO.        • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.     You will receive a mandate notification to block funds in your UPI app.

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