Gabriel Pet Straps Ltd. has announced public offering of 798000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 91.00 per share. The gross proceeds of the issue are expected to be Rs 805.98 lakhs.

The company's initial public offer (IPO) will open on 31 January 2024 and is expected to close on 02 February 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 798000 Equity Shares of the Company at an price of Rs 101.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Gabriel Pet Straps Ltd. anticipates using the proceeds of the issue for .

Shreni Shares Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.