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Gayatri Rubbers and Chemicals Limited

Fixed Price FPO · NSE

Price band
₹30 - ₹30
Lot size
4,000 shares
Issue amount
₹4.58 cr
Total subscription
37.94×
Current price₹590
Listing price ₹35
Watch live price ↗
Opens
25 Jan 2023
Closes
30 Jan 2023
Allotment
2 Feb 2023
Listing
7 Feb 2023

Offer at a glance

Issue overview

Issue size
15,28,000 shares
Face value
₹10 per share
Minimum investment
₹1,20,000
Fresh issue
₹4.58 cr
Offer for sale
₹0 cr
Registrar
Skyline Financial Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,20,000
Issue type
Fixed Price FPO
Shares before issue
42,10,000
Shares after issue
57,38,000

Lot sizes

CategoryLotsSharesAmount
RETAIL14,000₹1,20,000
HNI28,000₹2,40,000

Share reservation

Market Maker5.24%
NII (HNI)47.38%
RETAIL47.38%

Subscription & GMP

Subscription by category

Total subscribed37.94×

Subscription figures are awaiting publication.

GMP history

02424 Mar: ₹412 Nov: ₹4
24 Mar₹412 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05001,0001,5002,000Dec 2022 · Revenue: 1,664.84Dec 2022 · Profit after tax: 54.81Dec 2022Apr 2022 · Revenue: 120.8Apr 2022 · Profit after tax: 30.69Apr 2022Mar 2022 · Revenue: 1,673.73Mar 2022 · Profit after tax: 81.01Mar 2022Mar 2021 · Revenue: 1,563.08Mar 2021 · Profit after tax: 14.53Mar 2021Mar 2020 · Revenue: 656.91Mar 2020 · Profit after tax: 6.75Mar 2020
RevenueProfit after tax

Key performance indicators

MetricValues
EPS0
ROE0
ROCE0
RONW0
PRE IPO(PE)23.62
POST IPO(PE)0

Values and labels as reported in the issue data.

Company information

Company profile

Formally incorporated in 2022, Gayatri Rubbers and Chemicals Limited is engaged in the manufacturing and trading of rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various rubber components, and clear PVC profiles. These products are supplied to dealers such as Banco, Nalco, and Jindal in the aluminum sector, Motherson Sumi agents, and state transport authorities in the automobile sector, while the rubber compounds are used by various manufacturers and OEMs. The company’s product range broadly includes rubber profiles, rubber compounds, auto glass rubber, and sponge rubber for heavy industries. Under the leadership of promoter Mr. Manoj Kumar Aggarwal, who brings over two decades of industry experience, the company operates from its manufacturing unit in Ballabhgarh, spanning three floors with approximately 4,500 sq. ft. area each.

Promoters

Mr. Shilp Chotai

Mr. Utsav Chotai

Mr. Manoj Kumar Aggarwal

Registrar & documents

Lead manager

Khambatta Securities Limited

Registrar & contacts

Skyline Financial Services Private Limited

[email protected]Official registrar portal ↗IPO allotment status guide →

Registered office

Plot No. 11, Gali No. 3, Opp. Beri Ka Bagh, Malerna Road Ballabhgarh, Faridabad – 121004

+91 9766935377

[email protected]Company website ↗

Understanding GRCL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.