Gayatri Rubbers and Chemicals Limited is in the manufacturing and trading of rubber profile, aluminum rubber profile, automobile rubber profile, rubber compound, various kinds of rubber components and clear PVC profiles.
The company supply its rubber products across India to the dealers of Nalco, Banco, Jindal in aluminum sector and the agents of Motherson Sumi and few other state transports in automobile sector. Gayatri Rubbers and Chemicals supply rubber compounds to other rubber product manufacturers and OEMs.
Gayatri Rubbers and Chemicals is a manufacturer and trader of rubber profiles, rubber compounds, auto glass rubber (automobile profile) and other kinds of rubber products such as sponge rubber for heavy industries.
The company procure its raw materials / trading goods from Delhi NCR, Gujarat, Kerala and other parts of India. For instance, natural rubber / EPDM rubber is sourced from Kerala, calcium carbonate/ chalk powder is sourced from Gujarat and zinc and some other goods are sourced from Delhi NCR.
Currently the company has its manufacturing unit and registered office located at Faridabad, Haryana with total area of 3 floors each having an area of approximately 4500 sq. ft.
Gayatri Rubbers and Chemicals IPO – Details
| IPO Opening Date | 25 January 2023 |
| IPO Closing Date | 30 January 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 15,28,000 Shares Worth ₹4.58 Crore Fresh Issue: 15,28,000 Shares Worth ₹4.58 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 |
| Market Lot | 4000 Shares |
| Min Order1 | 4000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Gayatri Rubbers and Chemicals IPO – Date Schedule
| IPO Open Date | 25 January 2023 |
| IPO Close Date | 30 January 2023 |
| Basis of Allotment | 02 February 2023 |
| Initiation of Refunds | 03 February 2023 |
| Credit of Shares to Demat Account | 06 February 2023 |
| IPO Listing Date | 07 February 2023 |
Gayatri Rubbers and Chemicals IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 4000 | 1,20,000 |
| Maximum | 1 | 4000 | 1,20,000 |
Competitive Strengths
- Experienced management and efficient workforce.
- Scalable business.
- Optimum quality of products.
- Focus on quality and gaining customer satisfaction.
- Strong marketing.
- Evolving with technological changes.
- Networking strength.
- Well established relationships with Banks and Financial Institutions.
Company Promoters
- Mr. Shilp Chotai
- Mr. Utsav Chotai
- Mr. Manoj Kumar Aggarwal.
Object Of The Issue
- Funding Working Capital Requirements.
- General Corporate Purpose.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 6.56 | 6.47 | 0.06 |
| 31 March 2021 | 15.63 | 15.44 | 0.14 |
| 31 March 2022 | 16.73 | 15.69 | 0.81 |
| 31 December 2022 | 16.64 | 15.93 | 0.54 |
Gayatri Rubbers and Chemicals IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.37% |
Gayatri Rubbers and Chemicals IPO Prospectus
Company Contact Information
| Gayatri Rubbers and Chemicals Limited Plot No. 11, Gali No. 3, Opp. Beri Ka Bagh, Malerna Road Ballabhgarh, Faridabad – 121004, Haryana, India Phone: +91 9766935377 Email: sales@gayatrirubberchemicals.com Website: www.gayatrirubberchemicals.com |
Gayatri Rubbers and Chemicals IPO Registrar
| Skyline Financial Services Private Ltd Phone: +91 11-40450193-97 Email: ipo@skylinerta.com Website: www.skylinerta.com |
Gayatri Rubbers and Chemicals IPO Lead Manager(s)
| 1. Khambatta Securities Ltd |
Gayatri Rubbers and Chemicals IPO FAQs
| What is Gayatri Rubbers and Chemicals IPO? Gayatri Rubbers and Chemicals IPO is a SME IPO. The issue is priced at ₹30 per equity share. The IPO is to be listed on NSE SME. |
| When Gayatri Rubbers and Chemicals IPO will open? The IPO is to open on 25 January 2023 for NII and Retail Investors. |
| What is Gayatri Rubbers and Chemicals IPO Investors Portion? The investors portion for NII-50%, and Retail-50%. |
| How to Gayatri Rubbers and Chemicals IPO? You can apply Gayatri Rubbers and Chemicals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Gayatri Rubbers and Chemicals IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Gayatri Rubbers and Chemicals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Gayatri Rubbers and Chemicals IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Gayatri Rubbers and Chemicals”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Gayatri Rubbers and Chemicals IPO Size? Gayatri Rubbers and Chemicals IPO size is ₹4.58 crores. |
| What is Gayatri Rubbers and Chemicals IPO Price Band? Gayatri Rubbers and Chemicals IPO Price Band is ₹30. |
| What is Gayatri Rubbers and Chemicals IPO Minimum and Maximum Lot Size? The minimum bid is 4000 Shares with ₹1,20,000 amount while the maximum bid is 4000 shares with ₹1,20,000. |
| What is the Gayatri Rubbers and Chemicals IPO Allotment Date? Gayatri Rubbers and Chemicals IPO allotment date is 02 February 2023. |
| What is the Gayatri Rubbers and Chemicals IPO Listing Date? Gayatri Rubbers and Chemicals IPO listing date is 07 February 2023. The IPO is to list on NSE SME. |
