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Global Pet IPO

Global Pet Industries IPO GMP, Review, Price, Allotment

Global Pet Industries: Manufacturing Excellence in Automatic Pet Machines

Introduction

Global Pet Industries, established in 2013, is a leading manufacturer of automatic and semi-automatic pet machines, as well as spare components and accessories for such machines. With its commitment to quality and innovation, the company has achieved remarkable success in the pet industry. This article explores the business divisions, international presence, financial performance, and IPO details of Global Pet Industries.

Global Pet IPO GMP Today – Rs ___/-

Manufacturing Facilities and Business Divisions

Global Pet Industries operates two state-of-the-art manufacturing facilities in Palghar, Maharashtra. These facilities are equipped to produce high-quality pet machines and their associated components. The company’s dedication to advanced manufacturing processes ensures efficient and reliable products for its customers.

The business of Global Pet Industries is divided into two main divisions:

  1. Domestic Sales: The company has established a strong presence in the domestic market, operating in 19 states across India. Its widespread reach enables it to cater to the diverse needs of pet owners and businesses nationwide.
  2. Exports: Global Pet Industries has expanded its footprint globally, exporting its products to 19 countries. These include 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. Through its international operations, the company contributes significantly to the growth of the pet industry worldwide.

Financial Performance and Valuations

For the fiscal years 2020, 2021, and 2022, Global Pet Industries showcased consistent revenue growth. In FY 2022, the company achieved a remarkable revenue of INR 27.61 crores. The financial figures for 9M FY 2023 demonstrate a continued positive trend.

Here is an overview of the financial performance of Global Pet Industries:

FY 2020 FY 2021 FY 2022 9M FY 2023
Revenue 19.74 22.52 27.61 22.52
Expenses 18.80 20.87 26.46 21.46
Net income 0.95 1.43 1.16 2.06

Figures in INR crores unless specified otherwise

  • Revenue (in crores): FY 2020 – 19.74, FY 2021 – 22.52, FY 2022 – 27.61, 9M FY 2023 – 22.52
  • Expenses (in crores): FY 2020 – 18.80, FY 2021 – 20.87, FY 2022 – 26.46, 9M FY 2023 – 21.46
  • Net Income (in crores): FY 2020 – 0.95, FY 2021 – 1.43, FY 2022 – 1.16, 9M FY 2023 – 2.06

The company’s earnings per share (EPS) have also shown a positive trend, reaching 1.64 in FY 2022. Global Pet Industries maintains a healthy Return on Net Worth (RONW) and Return on Capital Employed (ROCE), indicating its efficient utilization of resources.

Global Pet Valuations & Margins

FY 2020 FY 2021 FY 2022
EPS 1.34 2.01 1.64
PE ratio 29.88
RONW (%) 21.22 24.21 16.46
NAV 6.29 8.30 9.94
ROCE (%) 28.72 32.97 19.67
EBITDA (%) 7.93 10.13 6.46
Debt/Equity 0.05 0.00 0.00

*Compiled by IPO Central from Prospectus

Global Pet IPO Details

Global Pet Industries is set to launch its Initial Public Offering (IPO) from 29th June to 3rd July 2023. The IPO price per share is fixed at INR 49, with a face value of INR 10 per share. The IPO consists of a fresh issue of 27,00,000 shares, amounting to INR 13.23 crores. There is no Offer for Sale component in this IPO.

Key details of the Global Pet IPO:

  • Total IPO size: 27,00,000 shares (INR 13.23 crores)
  • Minimum bid (lot size): 3,000 shares (INR 147,000)
  • Retail Allocation: 50%
  • Listing on: NSE SME

Global Pet IPO Dates & Listing Performance

The schedule for the Global Pet IPO is as follows:

IPO Opening Date 29 June 2023
IPO Closing Date 3 July 2023
Finalization of Basis of Allotment 6 July 2023
Initiation of refunds 7 July 2023
Transfer of shares to demat accounts 10 July 2023
IPO Listing Date 11 July 2023
Opening Price on NSE SME Coming soon
Closing Price on NSE SME Coming soon
  • IPO Opening Date: 29th June 2023
  • IPO Closing Date: 3rd July 2023
  • Finalization of Basis of Allotment: 6th July 2023
  • Initiation of Refunds: 7th July 2023
  • Transfer of Shares to Demat Accounts: 10th July 2023
  • IPO Listing Date: 11th July 2023

The opening and closing prices on the NSE SME will be updated soon after the IPO listing.

Conclusion

Global Pet Industries has positioned itself as a leading manufacturer of automatic pet machines, catering to both domestic and international markets. With its commitment to quality, innovation, and financial stability, the company offers a compelling investment opportunity through its upcoming IPO. As the pet industry continues to flourish, Global Pet Industries is poised to make significant strides in the years to come.

Investors and pet enthusiasts alike can look forward to the promising future of Global Pet Industries, driven by its manufacturing excellence and dedication to customer satisfaction.

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Investors are advised to conduct their own research and consult with financial professionals before making any investment decisions.

FAQs

The Grey Market Premium is dynamic and can change frequently, influenced by market conditions and investor sentiment. It is advisable to stay updated with the latest figures through reliable sources.

Grey Market trading is conducted through a network of dealers, and participation is limited to select individuals or entities. It is an unofficial market and not regulated like the stock exchange.

No, investors should consider the Grey Market Premium as one of several factors when making investment decisions. Thorough research, analysis of company fundamentals, and expert advice are equally important.

Kostak rates represent the price at which investors can sell their IPO application before listing. It provides an opportunity for early exits. Investors should evaluate both GMP and Kostak rates to make informed decisions.

The information provided in this article is for informational purposes only and should not be construed as investment advice. Investors are advised to conduct their own research and consult with financial professionals before making any investment decisions.

IPO Sharma

where we specialize in demystifying IPOs and the stock market. With extensive experience in finance, I offer expert analyses and strategic insights to help you make informed investment decisions. Our content focuses on clarity, accuracy, and empowering you to achieve your financial goals. Please note: I am not a SEBI-registered advisor. The information and analyses provided on IPOsharma are for educational purposes only and should not be construed as investment advice.

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