Lead Reclaim and Rubber Products Limited IPO
NSE SMEListed On: Feb 21, 2023 at ₹ 27.50
₹ 150000 /6000 Shares
Check AllotmentLead Reclaim and Rubber Products IPO Details
09 Feb, 2023
Open Date13 Feb, 2023
Close Date16 Feb, 2023
Allotment Date21 Feb, 2023
Listing DateIssue Price
₹25 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
27.50Listing Date
2023-02-21Market Lot
6000 Shares (₹150,000/-)Lead Manager
Fedex Securities LimitedIssue Size
1,950,000 shares of ₹10(aggregating up to ₹4.88 Cr)Retail Portion
N/ASubscription
75.98 timesIPO Docs
DRHPLead Reclaim and Rubber Products IPO Subscription 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
Earnings Per Share (EPS)
₹3.00/-P/E Ratio
N/ARoNW
16.53%Net Asset Value (NAV)
₹13.06/-Lead Reclaim and Rubber Products Company Financials All values are in ₹ Lakh
| 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 The 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)
Pre Issue Share Holding: 86.48%
Post Issue Share Holding: %
Company Promoter(s)
- Baldevbhai Patel
- Jayeshkumar Patel
- Kalpesh Patel
- Rekhaben Patel
- Sadhana Patel
- Diksha Patel
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. 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 IPO price band is set between ₹25 per equity share.
Ans. To apply for Lead Reclaim and Rubber Products Limited IPO 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 allotment status for Lead Reclaim and Rubber Products Limited IPO here.
