Description

BSE notifies listing and trading permission for 18,13,996 new equity shares of Gabriel Pet Straps Limited issued on preferential basis to non-promoters, effective March 12, 2026.

Summary

BSE has notified trading members that 18,13,996 new equity shares of Gabriel Pet Straps Limited (Scrip Code: 544108) have been listed and are permitted to trade on the Exchange with effect from Thursday, March 12, 2026. These shares were issued on a preferential basis to non-promoters at an issue price of Rs. 256/- per share (face value Rs. 10/- plus premium of Rs. 246/-).

Key Points

  • Company: Gabriel Pet Straps Limited (Scrip Code: 544108)
  • Security Type: Equity shares, face value Rs. 10/- each
  • Issue Price: Rs. 256/- per share (Rs. 10 face value + Rs. 246 premium)
  • Number of Shares: 18,13,996 equity shares
  • Allottees: Non-Promoters (preferential basis)
  • Distribution Numbers: 5598341 to 7412336
  • ISIN: INE0QZF01012
  • Pari-passu: Shares rank pari-passu with existing equity shares
  • Trading Effective Date: March 12, 2026

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notification under BSE’s procedures for preferential allotment of equity shares.

Compliance Requirements

  • Trading members are informed to allow trading of these newly listed shares from March 12, 2026 onwards.
  • Lock-in restrictions apply: all 18,13,996 shares (Dist. Nos. 5598341 to 7412336) are locked in until September 30, 2026 and cannot be traded until that date.

Important Dates

  • Date of Allotment: December 8, 2025
  • Trading Commencement Date: March 12, 2026
  • Lock-in Expiry Date: September 30, 2026

Impact Assessment

The listing adds 18,13,996 new equity shares to Gabriel Pet Straps Limited’s tradable universe, though the full lot is subject to a lock-in until September 30, 2026, meaning no immediate increase in free-float. Post lock-in expiry, the additional supply could exert modest downward pressure on the share price depending on market conditions. The preferential allotment to non-promoters at Rs. 256/- signals fundraising activity, which may be viewed positively if proceeds are deployed for growth. Overall market impact is limited given the company’s small-cap nature.

Impact Justification

Routine preferential allotment listing for a relatively small-cap company; increases tradable float but with a lock-in period limiting near-term liquidity impact.