Gayatri Rubbers and Chemicals Limited was formally incorporated in 2022 and is actively involved in the manufacturing and trading of a wide range of rubber products. These products include rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various kinds of rubber components, and clear PVC profiles.
These rubber products find application in different sectors, and the company supplies them to esteemed dealers such as Banco, Nalco, and Jindal in the aluminum sector, as well as agents of Motherson Sumi and state transport in the automobile sector. Furthermore, various manufacturers and OEMs of rubber products utilize the rubber compounds produced by Gayatri Rubbers and Chemicals.
The company specializes in manufacturing rubber profiles, rubber compounds, auto glass rubber, and sponge rubber for heavy industries. Its experienced promoter, Mr. Manoj Kumar Aggarwal, has over two decades of expertise in the industry and provides direct guidance to nurture the company.
Gayatri Rubbers carries out its manufacturing operations from a well-equipped unit in Ballabhgarh, spread over three floors, each spanning approximately 4500 sq. ft. This infrastructure allows the company to maintain high standards of production and deliver quality rubber products to its clientele.
Stock Quote #
- Open: ₹42.30
- High – Low: ₹49.60 – ₹42.30
- Previous Close: ₹45.10
- Total Traded Value: 12,000
- Updated On: Jul 28, 2023 4:00 PM
IPO Details #
Gayatri Rubbers and Chemicals IPO is a Fixed Price Issue. The IPO total issue size is Rs 4.58 Cr. The Gayatri Rubbers and Chemicals IPO price is ₹30 per share. The IPO will list on NSE SME.
| IPO Date | Jan 25, 2023 to Jan 30, 2023 |
| Listing Date | Feb 7, 2023 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,528,000 shares (aggregating up to ₹4.58 Cr) |
| Fresh Issue | 1,528,000 shares (aggregating up to ₹4.58 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 80,000 shares |
IPO Reservation #
Gayatri Rubbers and Chemicals IPO a total of 1,528,000 shares are offered. RII: 724,000 (47.38%), NII: 724,000 (47.38%).
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 80,000 (5.24%) |
| Other Shares Offered | 724,000 (47.38%) |
| Retail Shares Offered | 724,000 (47.38%) |
| Total Shares Offered | 1,528,000 (100%) |
Gayatri Rubbers and Chemicals IPO Timetable (Tentative) #
Gayatri Rubbers and Chemicals IPO opens on Jan 25, 2023, and closes on Jan 30, 2023.
| IPO Open Date | Wednesday, 25 January 2023 |
| IPO Close Date | Monday, 30 January 2023 |
| Basis of Allotment | Thursday, 2 February 2023 |
| Initiation of Refunds | Friday, 3 February 2023 |
| Credit of Shares to Demat | Monday, 6 February 2023 |
| Listing Date | Tuesday, 7 February 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jan 30, 2023 |
Gayatri Rubbers and Chemicals IPO Lot Size #
The minimum lot size of this Gayatri Rubbers and Chemicals IPO is 4000 shares required is ₹120,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹120,000 |
| Retail (Max) | 1 | 4000 | ₹120,000 |
| HNI (Min) | 2 | 8,000 | ₹240,000 |
| Lot Size Calculator | |||
Gayatri Rubbers and Chemicals IPO Promoter Holding #
Mr. Shilp Chotai, Mr. Utsav Chotai and Mr. Manoj Kumar Aggarwal are the promoters of the company.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.37% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 597.65 | 656.91 | 6.75 | 23.56 | 7.87 | 0.00 |
| 31-Mar-21 | 556.56 | 1,563.08 | 14.53 | 171.52 | 22.39 | 0.00 |
| 31-Mar-22 | 497.77 | 1,673.73 | 81.01 | 155.41 | 103.40 | 263.40 |
| 14-Apr-22 | 573.44 | 120.80 | 30.69 | 185.01 | 134.09 | 262.58 |
| 31-Dec-22 | 898.47 | 1,664.84 | 54.81 | 462.19 | 41.19 | 78.97 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
Gayatri Rubbers and Chemicals IPO Market Cap is Rs 17.21 Cr and P/E (x) is 23.62.
| KPI | Values |
|---|---|
| P/E (x) | 23.62 |
| Market Cap (₹ Cr.) | 17.21 |
Objects of the Issue #
The company intends to utilize the proceeds of the Issue to meet the following objects: –
- To meet the working capital requirements of the Company;
- General Corporate Purpose; and
- To meet the Issue Expenses
Gayatri Rubbers and Chemicals IPO Subscription Status (Bidding Detail) #
The Gayatri Rubbers and Chemicals IPO is subscribed 37.94 times on Jan 30, 2023 7:00:00 PM. The public issue subscribed 42.23 times in the retail category, times in the QIB category, and 33.65 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 33.65 |
| Retail | 42.23 |
| Total | 37.94 |
Gayatri Rubbers and Chemicals IPO Prospectus #
Gayatri Rubbers and Chemicals IPO Listing Details #
| Listing Date | Feb 7, 2023 |
| BSE Script Code | |
| NSE Symbol | GRCL |
| ISIN | INE0LVM01018 |
| Final Issue Price | ₹30 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹30.00 |
| ₹35.00 |
| ₹35.00 |
| ₹36.75 |
| ₹36.75 |
Company Contact Information #
Plot No. 11, Gali No. 3,
Opp. Beri Ka Bagh, Malerna Road Ballabhgarh,
Faridabad – 121004
Phone: +91 9766935377
Email: sales@gayatrirubberchemicals.com
Website: https://gayatrirubberchemicals.com/
Gayatri Rubbers and Chemicals IPO Registrar #
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Gayatri Rubbers and Chemicals IPO Lead Manager(s) #
Frequently Asked Questions #
What is the IPO date for Gayatri Rubbers and Chemicals Limited? #
The Gayatri Rubbers and Chemicals IPO opened on January 25, 2023, and closed on January 30, 2023.
What is the issue price of the Gayatri Rubbers and Chemicals IPO? #
The issue price of the Gayatri Rubbers and Chemicals IPO is ₹30 per share.
What is the lot size for the Gayatri Rubbers and Chemicals IPO? #
The minimum lot size for the Gayatri Rubbers and Chemicals IPO is 4000 shares, and the minimum amount required for application is ₹120,000.
When will the allotted shares be credited to the demat account for the Gayatri Rubbers and Chemicals IPO? #
The allotted shares for the Gayatri Rubbers and Chemicals IPO will be credited to the demat account by Monday, February 6, 2023.
What is the listing date for the Gayatri Rubbers and Chemicals IPO? #
The listing date for the Gayatri Rubbers and Chemicals IPO is scheduled for Tuesday, February 7, 2023.
What is the total issue size of the Gayatri Rubbers and Chemicals IPO? #
The total issue size of the Gayatri Rubbers and Chemicals IPO is ₹4.58 Crores, with a total of 1,528,000 equity shares being offered.
How can I apply for the Gayatri Rubbers and Chemicals IPO? #
Zerodha customers can apply online for the Gayatri Rubbers and Chemicals IPO using UPI as a payment gateway. They can do so by visiting the Zerodha Console (back office) and submitting an IPO application form.
Please note that the above FAQs are generated based on the information provided, and for the most accurate and up-to-date information, it’s best to refer directly to the official prospectus and relevant IPO documents.
