Gayatri Rubbers and Chemicals Limited IPO
NSE SMEListed On: Feb 7, 2023 at ₹ 35.0
₹ 120000 /4000 Shares
Check AllotmentGayatri Rubbers and Chemicals IPO Details
25 Jan, 2023
Open Date30 Jan, 2023
Close Date02 Feb, 2023
Allotment Date07 Feb, 2023
Listing DateIssue Price
₹30 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdList Price
35.0Listing Date
2023-02-07Market Lot
4000 Shares (₹120,000/-)Lead Manager
Khambatta Securities LimitedIssue Size
1,528,000 shares of ₹10(aggregating up to ₹4.58 Cr)Retail Portion
N/ASubscription
37.94 timesGayatri Rubbers and Chemicals IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 724,000 | 724,000 | 1,448,000 |
| Day 1 - 25-01-23 06:00 PM | 0.38 x | 1.42 x | 0.90 x |
| Day 2 - 27-01-23 06:00 PM | 2.73 x | 8.55 x | 5.64 x |
| Day 3 - 30-01-23 06:00 PM | 33.65 x | 42.23 x | 37.94 x |
Gayatri Rubbers and Chemicals Valuations
Earnings Per Share (EPS)
₹15.58/-P/E Ratio
1.92RoNW
52.13%Net Asset Value (NAV) - Post Issue
₹29.88/-Gayatri Rubbers and Chemicals Company Financials All values are in ₹ Lakh
| 31-Dec-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 898.47 | 497.77 | 556.56 | 597.65 |
| Revenue | 1664.84 | 1673.73 | 1563.08 | 656.91 |
| Profit After Tax | 54.81 | 81.01 | 14.53 | 6.75 |
About The 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
Gayatri Rubbers and Chemicals - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 73.37%
Company Promoter(s)
- Mr. Shilp Chotai
- Mr. Utsav Chotai
- Mr. Manoj Kumar Aggarwal
Gayatri Rubbers and Chemicals IPO - Issue Objectives
- To meet the working capital requirements of the Company
- General Corporate Purpose
- To meet the Issue Expenses
Gayatri Rubbers and Chemicals IPO - FAQs
Ans. Gayatri Rubbers and Chemicals Limited IPO is a SME IPO. The issue is priced at ₹30 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Jan 25, 2023, and closes on Jan 30, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Gayatri Rubbers and Chemicals Limited IPO opens on Jan 25, 2023 and closes on Jan 30, 2023.
Ans. The size of Gayatri Rubbers and Chemicals Limited IPO is 1,528,000 shares of ₹10(aggregating up to ₹4.58 Cr).
Ans. The IPO price band is set between ₹30 per equity share.
Ans. To apply for Gayatri Rubbers and Chemicals Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Gayatri Rubbers and Chemicals 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 Gayatri Rubbers and Chemicals Limited IPO is Feb 2, 2023.
Ans. The Gayatri Rubbers and Chemicals Limited IPO will be listed on Feb 7, 2023.
Ans. Follow the steps to check the allotment status for Gayatri Rubbers and Chemicals Limited IPO here.
