Established in 2012, Lead Reclaim and Rubber Products Limited operates in the business of manufacturing reclaimed rubber, crumb rubber powder, and rubber granules.
The company’s manufacturing unit, located in Sarali Road Village – Pithai, Taluka- Kathalal, Kheda, spans approximately 7790 sq. mts with a total installed capacity of 5520 metric tons. The manufacturing facility is accredited with ISO 9001:2015 certifications, ensuring quality management systems.
Lead Reclaim is dedicated to two key objectives:
- Saving valuable natural resources through recycling, and
- Assisting customers in achieving their circularity goals with the use of reclaimed rubber products.
The company’s product diversification enables it to cater to various customer requirements. Their product range encompasses different grades, thicknesses, widths, and standards of whole tyre reclaim rubber, butyl reclaims rubber, and natural reclaimed rubber.
Lead Reclaim and Rubber Products cater to OEMs, Tier I companies in the automotive manufacturing sector, distributors, and dealers, delivering their offerings with a customer-centric approach.
Stock Quote #
- Open: ₹53.25
- High – Low: ₹53.25 – ₹53.20
- Previous Close: ₹56.00
- Total Traded Value: 18,000
- Updated On: Jul 26, 2023 4:00 PM
IPO Details #
Lead Reclaim and Rubber Products IPO is a Fixed Price Issue. The IPO total issue size is Rs 4.88 Cr. The Lead Reclaim and Rubber Products IPO price is ₹25 per share. The IPO will list on NSE SME.
| IPO Date | Feb 9, 2023 to Feb 13, 2023 |
| Listing Date | Feb 21, 2023 |
| Face Value | ₹10 per share |
| Price | ₹25 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 1,950,000 shares (aggregating up to ₹4.88 Cr) |
| Fresh Issue | 1,950,000 shares (aggregating up to ₹4.88 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 102,000 shares Svcm Securities |
Lead Reclaim and Rubber Products IPO Reservation #
Lead Reclaim and Rubber Products IPO a total of 1,950,000 shares are offered. RII: 924,000 (47.38%), NII: 924,000 (47.38%).
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 102,000 (5.23%) |
| Other Shares Offered | 924,000 (47.38%) |
| Retail Shares Offered | 924,000 (47.38%) |
| Total Shares Offered | 1,950,000 (100%) |
Lead Reclaim and Rubber Products IPO Timetable (Tentative) #
Lead Reclaim and Rubber Products IPO opens on Feb 9, 2023, and closes on Feb 13, 2023.
| IPO Open Date | Thursday, 9 February 2023 |
| IPO Close Date | Monday, 13 February 2023 |
| Basis of Allotment | Thursday, 16 February 2023 |
| Initiation of Refunds | Friday, 17 February 2023 |
| Credit of Shares to Demat | Monday, 20 February 2023 |
| Listing Date | Tuesday, 21 February 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Feb 13, 2023 |
Lead Reclaim and Rubber Products IPO Lot Size #
The minimum lot size of this Lead Reclaim and Rubber Products IPO is 6000 shares required is ₹150,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹150,000 |
| Retail (Max) | 1 | 6000 | ₹150,000 |
| HNI (Min) | 2 | 12,000 | ₹300,000 |
| Lot Size Calculator | |||
Lead Reclaim and Rubber Products IPO Promoter Holding #
Baldevbhai Patel, Jayeshkumar Patel, Kalpesh Patel, Rekhaben Patel, Sadhana Patel and Diksha Patel are the promoters of the company.
| Pre Issue Share Holding | 86.48% |
| Post Issue Share Holding | 63.51% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 532.45 | 483.67 | 36.36 | 17.47 | -2.68 | 377.25 |
| 31-Mar-21 | 594.88 | 706.26 | 22.74 | 40.20 | 20.05 | 394.67 |
| 31-Mar-22 | 704.32 | 1,036.93 | 47.87 | 289.57 | 67.92 | 269.30 |
| 30-Sep-22 | 994.65 | 498.99 | 35.55 | 555.63 | 241.78 | 271.38 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
Lead Reclaim and Rubber Products IPO Market Cap is Rs 18.35 Cr and P/E (x) is 25.77.
| KPI | Values |
|---|---|
| P/E (x) | 25.77 |
| Market Cap (₹ Cr.) | 18.35 |
Objects of the Issue #
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Funding our working capital requirements;
- Purchase of plant and machinery for augmenting our Manufacturing Facility; and
- General corporate purposes
Lead Reclaim and Rubber Products IPO Subscription Status (Bidding Detail) #
The Lead Reclaim and Rubber Products IPO is subscribed 75.98 times on Feb 13, 2023 7:00:00 PM. The public issue subscribed 64.41 times in the retail category, times in the QIB category, and 87.56 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 87.56 |
| Retail | 64.41 |
| Total | 75.98 |
Lead Reclaim and Rubber Products IPO Prospectus #
Lead Reclaim and Rubber Products IPO Listing Details #
| Listing Date | Feb 21, 2023 |
| BSE Script Code | |
| NSE Symbol | LRRPL |
| ISIN | INE0H4B01011 |
| Final Issue Price | ₹25 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹25.00 |
| ₹27.50 |
| ₹27.15 |
| ₹28.50 |
| ₹27.65 |
Company Contact Information #
A/8, Sunvilla Complex, Near Chines Hut Hotel,
Dahej, Bypass Road,
Bharuch-392001
Phone: +91 73590 10333
Email: info@leadrubber.com
Website: http://www.leadreclaim.com/
Lead Reclaim and Rubber Products IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Lead Reclaim and Rubber Products IPO Lead Manager(s) #
Frequently Asked Questions #
What are the key details of the Lead Reclaim and Rubber Products IPO? #
- IPO Open: February 9, 2023
- IPO Close: February 13, 2023
- IPO Price: ₹25 per share
- Lot Size: 6000 shares
- Total Issue Size: ₹4.88 Crores
- Listing Date: February 21, 2023
- Listing Platform: NSE SME
How can I check the Lead Reclaim and Rubber Products IPO subscription status? #
The Lead Reclaim and Rubber Products IPO was subscribed 75.98 times overall. In the retail category, it was subscribed 64.41 times, and in other categories, it was subscribed 87.56 times.
When will the basis of allotment for the Lead Reclaim and Rubber Products IPO be finalized? #
The basis of allotment for the Lead Reclaim and Rubber Products IPO is expected to be finalized on February 16, 2023.
How can I check the allotment status of the Lead Reclaim and Rubber Products IPO? #
To check the allotment status of the Lead Reclaim and Rubber Products IPO, you can click on the link provided to view the IPO allotment status.
What are the different investor categories for the Lead Reclaim and Rubber Products IPO? #
The Lead Reclaim and Rubber Products IPO has different investor categories, including Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), Employees, and Others.
How can I apply for the Lead Reclaim and Rubber Products IPO? #
If you have a demat account, you can apply online for the Lead Reclaim and Rubber Products IPO shares through banks (using ASBA) or through a broker (using UPI). Zerodha, a popular stockbroker in India, also offers an online IPO application.
Who are the promoters of Lead Reclaim and Rubber Products Limited? #
The promoters of Lead Reclaim and Rubber Products Limited are Baldevbhai Patel, Jayeshkumar Patel, Kalpesh Patel, Rekhaben Patel, Sadhana Patel, and Diksha Patel.
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.
