Lead Reclaim and Rubber Products Limited IPO
NSE SMEListed On: Feb 21, 2023 at ₹ 27.50
₹ 300000 /12000 Shares
*Min Investment
09 Feb, 2023
Open Date13 Feb, 2023
Close Date16 Feb, 2023
Allotment Date21 Feb, 2023
Listing DateLead Reclaim and Rubber Products IPO Issue Details
- Issue Price ₹25 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,950,000 shares of ₹10(aggregating up to ₹4.88 Cr)
- Listing at NSE SME
- List Price 27.50
- Listing Date 2023-02-21
- Lead Manager Fedex Securities Limited
- Registrar Bigshare Services Pvt Ltd
Lead Reclaim and Rubber Products IPO Details
- Retail Portion N/A
Lead Reclaim and Rubber Products IPO Documents
Lead Reclaim and Rubber Products IPO Details
Lead Reclaim and Rubber Products Limited IPO is an SME IPO, priced at ₹25 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 Feb 9, 2023 to Feb 13, 2023. The allotment is expected to be finalized on Feb 16, 2023, and the tentative listing date is Feb 21, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Lead Reclaim and Rubber Products IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 924,000 | 924,000 | 1,848,000 |
Day 1 09-02-23 06:00 PM | 1.37 x | 2.83 x | 2.10 x |
Day 2 10-02-23 06:00 PM | 2.18 x | 6.39 x | 4.28 x |
Day 3 13-02-23 06:00 PM | 87.56 x | 64.41 x | 75.98 x |
Lead Reclaim and Rubber Products Valuations
Lead Reclaim and Rubber Products Company Financials
| 30-Sep-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 994.65 | 704.32 | 594.88 | 532.45 |
| Revenue | 498.99 | 1036.93 | 706.26 | 483.67 |
| Profit After Tax | 35.55 | 47.87 | 22.74 | 36.36 |
About Lead Reclaim and Rubber Products Company
Incorporated in 2012, Lead Reclaim and Rubber Products Limited is in the business of manufacturing reclaimed rubber, crumb rubber powder, and rubber granules.
The manufacturing unit of the company is situated in Sarali Road Village - Pithai, Taluka- Kathalal, Kheda. The unit is spread over a total land area of approximately 7790 sq. mts with a total install capacity of 5520 metric tons. The manufacturing facility is accredited with ISO 9001:2015 certifications for quality management systems.
The product diversification of the company allows it to fulfill the requirements of varied customers. Their product range varies in grades, thickness, widths, and standards of various grades of whole tyre reclaim rubber, butyl reclaims rubber and natural reclaimed rubber.
Lead Reclaim and Rubber Products to deliver its offerings to OEMs, Tier I companies in the automotive manufacturing sector, distributors, and dealers.
Lead Reclaim and Rubber Products - Promoter(s)
Baldevbhai Patel
Jayeshkumar Patel
Kalpesh Patel
Rekhaben Patel
Sadhana Patel
Diksha Patel
Pre Issue Share Holding : 86.48%
Post Issue Share Holding : %
Lead Reclaim and Rubber Products IPO - Issue Objectives
Funding our working capital requirements
Purchase of plant and machinery for augmenting our Manufacturing Facility
General corporate purposes
Lead Reclaim and Rubber Products IPO - FAQs
Ans. Lead Reclaim and Rubber Products Limited IPO is a SME IPO. The issue is priced at ₹25 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Feb 9, 2023, and closes on Feb 13, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Lead Reclaim and Rubber Products Limited IPO opens on Feb 9, 2023 and closes on Feb 13, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Lead Reclaim and Rubber Products Limited IPO is 1,950,000 shares of ₹10(aggregating up to ₹4.88 Cr).
Ans. The Lead Reclaim and Rubber Products Limited IPO price band is set between ₹25 per equity share.
Ans. To apply for Lead Reclaim and Rubber Products Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Lead Reclaim and Rubber Products Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Lead Reclaim and Rubber Products Limited IPO is Feb 16, 2023.
Ans. The Lead Reclaim and Rubber Products Limited IPO will be listed on Feb 21, 2023.
Ans. Follow the steps to check the Lead Reclaim and Rubber Products Limited IPO allotment status online.
