₹23.06 Crores | Listing at NSE | Tue, Sep 9, 2025 - Thu, Sep 18, 2025
Gsm Foils Limited Rights Issue comprises 0.1281 Cr equity shares aggregating to ₹23.06 Cr, offered at an issue price of ₹180 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Aug 28, 2025, with the Rights Issue being offered in the entitlement ratio of 1 : 10.
The term of payment is defined as following : The entire Issue Price will be payable at the time of making the application for the Issue.
The Rights Entitlements are expected to be credited to eligible demat accounts on Sep 19, 2025.
The Rights Issue opens on Sep 9, 2025, and closes on Sep 18, 2025, with renunciation of Rights Entitlements permitted up to Sep 15, 2025.
The deemed date of allotment is Sep 19, 2025, following which the equity shares are expected to be credited to demat accounts on Sep 22, 2025 and listed at the NSE on Sep 23, 2025.
Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Gsm Foils Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Aug 28, 2025
Entitlement Ratio
1 : 10
Open Date
Tue, Sep 9, 2025
Close Date
Thu, Sep 18, 2025
The entire Issue Price will be payable at the time of making the application for the Issue.
Gsm Foils Limited's revenue increased by 159% and profit after tax (PAT) rose by 414% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 19.97 | |
| Total Income | 1,338.00 | 517.50 |
| Profit After Tax | 96.51 | 18.79 |
| Net Worth | 312.43 | 11.03 |
| Reserves and Surplus | 184.31 | 16.61 |
| Amount in ₹ Crore | ||
GSM Foils specializes in manufacturing Blister Foils and Aluminium Pharma (Strip) Foils—the essential primary packaging materials for pharmaceutical products like tablets and capsules. Known for their direct contact with medicines, these foils are produced with uncompromising quality and precision. The product lineup includes various thicknesses—ranging from 20 to 40 microns—and includes heat-sealable and printed variants to meet diverse packaging needs.
The Company intends to utilize the Net Proceeds from the Issue towards funding of the following objects:
[Dilip Davda] GFL is engaged in the manufacturing of Blister Foils and aluminium pharma foils. The company marked growth in its top and bottom lines for the reported periods. The RI is at a discount of around 26% based on its last traded price. The issue appears to be a fully priced bet. Well-informed investors may park moderate funds for long term. Read detail review...
Gsm Foils Rights Issue 2025 got oversubscribed by 1.27 times by the end of the bidding period with total bid quantity received by NSE of 16,32,400 shares. Check Day by Day Subscription Details (Live Status)
| Date | NSE Bid Quantity | Subscription Times |
|---|---|---|
Sep 18 2025 17:00:25 | 16,32,400 | 1.27x |
Gsm Foils Limited
Gala No 06/106/206/306
Sapphire Building
Diamond Industrial Estate, Vasai East IE
Thane, 401208
The Gsm Foils Rights Issue 2025 opens on Tue, Sep 9, 2025, and closes on Thu, Sep 18, 2025.
Gsm Foils Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Fri, Aug 29, 2025 |
| Last Date for renunciation of Rights Entitlements | Mon, Sep 15, 2025 |
| Issue Opening Date | Tue, Sep 9, 2025 |
| Issue Closing Date | Thu, Sep 18, 2025 |
| Date of Allotment (on or about) | Fri, Sep 19, 2025 |
| Date of Credit (on or about) | Mon, Sep 22, 2025 |
| Date of Listing (on or about) | Tue, Sep 23, 2025 |
You can apply for Gsm Foils Rights Issue 2025 in two ways:
Steps to apply for Gsm Foils Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Gsm Foils Rights Issue 2025 using Registrar's website (R-WAP)
