Gayatri Rubbers & Chemicals Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 724,000 (47%) | — | ₹217 Cr |
| Retail | — | 724,000 (47%) | — | ₹217 Cr |
| Market Maker | — | 80,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 1,528,000 (100%) | — | ₹4,584 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹120,000 |
| Retail (Max) | 13 | 52,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31-De14-Apr-22c-22 | 14-Apr-22 | 14-Apr-22 |
|---|---|---|---|
| Revenue | 1,665 | 121 | 1,674 |
| Profit After Tax | 55 | 31 | 81 |
| Net Worth | 462 | 185 | 155 |
| Total Assets | 898 | 573 | 498 |
| Reserves & Surplus | 41 | 134 | 103 |
| Total Borrowing | 79 | 263 | 263 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirement including margin money – 3.50
- General Corporate Purpose – 0.68
- Issue Expenses – 0.40
Company Overview
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
The promoter of the company Mr. Manoj Kumar Aggarwal possesses over 2 decades of experience in the industry and the company is nurturing under his direct guidance.
Gayatri Rubbers undertakes its manufacturing operations from the manufacturing unit located in Ballabhgarh spread in total area of 3 floors each having an area of approximately 4500 sq. ft.