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.
Lead Reclaim focuses highly on:
- Saving valuable natural resources by way of recycling; and
- Helping our customers fulfill their circularity aspirations through the use of our reclaimed rubber products
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 IPO – Details
| IPO Opening Date | 09 February 2023 |
| IPO Closing Date | 13 February 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 19,50,000 Shares Worth ₹4.88 Crore Fresh Issue: 19,50,000 Shares Worth ₹4.88 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹25 |
| Market Lot | 6000 Shares |
| Min Order1 | 6000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | KFin Technologies Limited |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Lead Reclaim and Rubber Products IPO – Date Schedule
| IPO Open Date | 09 February 2023 |
| IPO Close Date | 13 February 2023 |
| Basis of Allotment | 16 February 2023 |
| Initiation of Refunds | 17 February 2023 |
| Credit of Shares to Demat Account | 20 February 2023 |
| IPO Listing Date | 21 February 2023 |
Lead Reclaim and Rubber Products IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 6000 | 1,50,000 |
| Maximum | 1 | 6000 | 1,50,000 |
Competitive Strengths
- In-house manufacturing facility supported by technology driven process.
- Company’s long-standing relationships and diversified with their customers;
- Stringent quality control mechanism ensuring standardized product quality;
- Strong and diversified supplier base for sourcing raw material; and
- Experienced Promoter supported by dedicated team.
- Consistent financial performance with focus on growth of their Company.
Company Promoters
- Baldevbhai Patel
- Jayeshkumar Patel
- Kalpesh Patel
- Rekhaben Patel
- Sadhana Patel
- Diksha Patel
Object Of The Issue
- Funding the working capital requirements of the company.
- Purchase of plant and machinery for augmenting our Manufacturing Facility; and
- General Corporate Purpose.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 4.83 | 4.40 | 0.36 |
| 31 March 2021 | 7.06 | 6.54 | 0.22 |
| 31 March 2022 | 10.36 | 9.70 | 0.47 |
| 30 September 2022 | 4.98 | 4.50 | 0.35 |
Lead Reclaim and Rubber Products IPO Promoter Holding
| Pre Issue Share Holding | 86.48% |
| Post Issue Share Holding | 63.51% |
Lead Reclaim and Rubber Products IPO Prospectus
Company Contact Information
| Lead Reclaim and Rubber Products Limited A/8, Sunvilla Complex, Near Chines Hut Hotel, Dahej, Bypass Road, Bharuch-392001 Phone: +91 73590 10333 Email: info@leadrubber.com Website: http://www.leadreclaim.com/ |
Lead Reclaim and Rubber Products IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Lead Reclaim and Rubber Products IPO Lead Manager(s)
| 1. Fedex Securities Limited |
Lead Reclaim and Rubber Products IPO FAQs
| What is Lead Reclaim and Rubber Products IPO? Lead Reclaim and Rubber Products IPO is a SME IPO. The issue is priced at ₹25 per equity share. The IPO is to be listed on NSE SME. |
| When Lead Reclaim and Rubber Products IPO will open? The IPO is to open on 09 February 2023 for NII and Retail Investors. |
| What is Lead Reclaim and Rubber Products IPO Investors Portion? The investors portion for NII-50%, and Retail-50%. |
| How to Lead Reclaim and Rubber Products IPO? You can apply Lead Reclaim and Rubber Products 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 Lead Reclaim and Rubber Products IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Lead Reclaim and Rubber Products”. 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 Lead Reclaim and Rubber Products IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Lead Reclaim and Rubber Products”. 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 Lead Reclaim and Rubber Products IPO Size? Lead Reclaim and Rubber Products IPO size is ₹4.88 crores. |
| What is Lead Reclaim and Rubber Products IPO Price Band? Lead Reclaim and Rubber Products IPO Price Band is ₹25. |
| What is Lead Reclaim and Rubber Products IPO Minimum and Maximum Lot Size? The minimum bid is 6000 Shares with ₹1,50,000 amount while the maximum bid is 6000 shares with ₹1,50,000. |
| What is the Lead Reclaim and Rubber Products IPO Allotment Date? Lead Reclaim and Rubber Products IPO allotment date is 16 February 2023. |
| What is the Lead Reclaim and Rubber Products IPO Listing Date? Lead Reclaim and Rubber Products IPO listing date is 21 February 2023. The IPO is to list on NSE SME. |
