| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹4.58 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹4.58 Cr |
| Fresh Issue | ₹4.34 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน30.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | GRCL |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 4,000 shares and in multiples thereof
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:
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working Capital Requirement including margin money | 3.50 |
| 2 | General Corporate Purpose | 0.68 |
| 3 | Issue Expenses | 0.40 |
| Period Ended | 31 Dec 2022 | 14 Apr 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|---|
| Assets | 8.98 | 5.73 | 4.98 | 5.57 | 5.98 |
| Total Income | 16.65 | 1.21 | 16.74 | 15.63 | 6.57 |
| Profit After Tax | 0.55 | 0.31 | 0.81 | 0.15 | 0.07 |
| NET Worth | 4.62 | 1.85 | 1.55 | 1.72 | 0.24 |
| Reserves and Surplus | 0.41 | 1.34 | 1.03 | 0.22 | 0.08 |
| Total Borrowing | 0.79 | 2.63 | 2.63 | 0.00 | 0.00 |
| Amount in ₹ Crore | |||||
| KPI | |
|---|---|
| ROE | 49.56% |
| ROCE | 40.08% |
| Debt / Equity | 1.69% |
| RoNW | 52.13% |
| PAT Margin | 4.84% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 15.58 | |
| P/E (x) | 23.62 | |
| Promoter Holding | 100.00% | 73.37% |
| Market Cap | โน17.21 Cr. | |