IPO

Gayatri Rubbers and Chemicals Limited IPO

NSE SME

Listed On: Feb 7, 2023 at ₹ 35.0

₹ 240000 /8000 Shares
*Min Investment

Check Allotment

25 Jan, 2023

Open Date

30 Jan, 2023

Close Date

02 Feb, 2023

Allotment Date

07 Feb, 2023

Listing Date
Gayatri Rubbers and Chemicals IPO Issue Details
  • Issue Price ₹30 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 1,528,000 shares of ₹10(aggregating up to ₹4.58 Cr)
  • Listing at NSE SME
  • List Price 35.0
  • Listing Date 2023-02-07
  • Lead Manager Khambatta Securities Limited
  • Registrar Skyline Financial Services Private Ltd
Gayatri Rubbers and Chemicals IPO Details
  • Retail Portion N/A
Gayatri Rubbers and Chemicals IPO Documents
Gayatri Rubbers and Chemicals IPO Details


Gayatri Rubbers and Chemicals Limited IPO is an SME IPO, priced at ₹30 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.

The IPO bidding window is open from Jan 25, 2023 to Jan 30, 2023. The allotment is expected to be finalized on Feb 2, 2023, and the tentative listing date is Feb 7, 2023.


The registrar of the IPO is Skyline Financial Services Private Ltd, and

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Gayatri Rubbers and Chemicals IPO Subscription Analysis And Details
Retail
42.23x
Total
37.94x
As onQIB / NIIRetailTotal
Shares Offered / Reserved724,000724,0001,448,000
Day 1 25-01-23 06:00 PM
0.38 x1.42 x0.90 x
Day 2 27-01-23 06:00 PM
2.73 x8.55 x5.64 x
Day 3 30-01-23 06:00 PM
33.65 x42.23 x37.94 x
Gayatri Rubbers and Chemicals Valuations
Earnings Per Share (EPS) ₹15.58/-
P/E Ratio 1.92
RoNW 52.13%
Net Asset Value (NAV) - Post Issue ₹29.88/-
Gayatri Rubbers and Chemicals Company Financials
In Lakhs
In Lakh
31-Dec-2231-Mar-2231-Mar-2131-Mar-20
Assets898.47497.77556.56597.65
Revenue1664.841673.731563.08656.91
Profit After Tax54.8181.0114.536.75
About Gayatri Rubbers and Chemicals Company

Formally incorporated in 2022 only, Gayatri Rubbers and Chemicals Limited is engaged in the manufacturing and trading of rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various kinds of rubber components, and clear PVC profiles.
These rubber products are then supplied to dealers including Banco, Nalco, and Jindal in the aluminum sector and the agents of Motherson Sumi in addition to state transport in the automobile sector. The rubber compounds are used by various manufacturers and OEMs of rubber products.
Broadly, Gayatri Rubbers and Chemicals is a manufacturer of:
Rubber profiles
Rubber compounds
Auto glass rubber
Sponge rubber for heavy industries

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Gayatri Rubbers and Chemicals - Promoter(s)

Mr. Shilp Chotai

Mr. Utsav Chotai

Mr. Manoj Kumar Aggarwal

Pre Issue Share Holding : 100%

Post Issue Share Holding : 73.37%

Gayatri Rubbers and Chemicals IPO - Issue Objectives
1

To meet the working capital requirements of the Company

2

General Corporate Purpose

3

To meet the Issue Expenses