Gayatri Rubbers and Chemicals
NSE SME₹120,000 / 4000 Shares
Gayatri Rubbers and Chemicals IPO Details
The Gayatri Rubbers and Chemicals IPO price band is set between ₹30 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 25 Jan, 2023 and closes on 30 Jan, 2023. Investors can check the allotment status on 2 Feb, 2023, while the listing date is tentatively scheduled for 7 Feb, 2023.
The total issue size is 1,528,000 shares of ₹10, aggregating up to ₹4.58 Cr. Stay tuned for the latest Gayatri Rubbers and Chemicals IPO review and GMP updates.
Gayatri Rubbers and Chemicals IPO Review, Rating & Analysis
Gayatri Rubbers and Chemicals IPO Review
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Gayatri Rubbers and Chemicals IPO Highlights
IPO Date
Jan 25, 2023 - Jan 30, 2023
Listing Date
7 Feb, 2023
Face Value
₹10 Per Equity Share
Price Band
₹30 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Gayatri Rubbers and Chemicals IPO Lot Size
The minimum market lot for Gayatri Rubbers and Chemicals IPO is 4000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,20,000 |
| Retail (Max) | 1 | 4000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 32000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 36000 | ₹10,80,000 |
Gayatri Rubbers and Chemicals IPO Timeline
Issue Price
₹30 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Khambatta Securities LimitedIssue Size
1,528,000 shares of ₹10(aggregating up to ₹4.58 Cr)Gayatri Rubbers and Chemicals IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 22 | 898.47 | 1664.84 | 54.81 | - | - | - |
| 31 Mar 22 | 497.77 | 1673.73 | 81.01 | - | - | - |
| 31 Mar 21 | 556.56 | 1563.08 | 14.53 | - | - | - |
| 31 Mar 20 | 597.65 | 656.91 | 6.75 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Shilp Chotai
- Mr. Utsav Chotai
- Mr. Manoj Kumar Aggarwal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.37% |
About Company
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:
Rubber profiles
Rubber compounds
Auto glass rubber
Sponge rubber for heavy industries
Gayatri Rubbers and Chemicals IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 724,000 | 724,000 | 1,448,000 |
Day 1 -25-01-23 06:00 PM | 0.38 x | 1.42 x | 0.90 x |
Day 2 -27-01-23 06:00 PM | 2.73 x | 8.55 x | 5.64 x |
Day 3 -30-01-23 06:00 PM | 33.65 x | 42.23 x | 37.94 x |
Frequently Asked Questions about Gayatri Rubbers and Chemicals IPO
When will Gayatri Rubbers and Chemicals IPO open for subscription?
The Gayatri Rubbers and Chemicals IPO opens on 25 Jan, 2023 and closes on 30 Jan, 2023.
What is the investors portion for Gayatri Rubbers and Chemicals IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 724000.
How to apply for Gayatri Rubbers and Chemicals IPO?
You can apply for Gayatri Rubbers and Chemicals IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Gayatri Rubbers and Chemicals IPO?
The issue size of Gayatri Rubbers and Chemicals IPO is approx ₹1,528,000 shares of ₹10(aggregating up to ₹4.58 Cr) crores.
What is the price band of Gayatri Rubbers and Chemicals IPO?
The price band for Gayatri Rubbers and Chemicals IPO is ₹30 per equity share to ₹undefined.
What is the lot size of Gayatri Rubbers and Chemicals IPO?
The minimum bid (lot size) for Gayatri Rubbers and Chemicals IPO is N/A shares with an investment of approx ₹120,000 .
What is the allotment date of Gayatri Rubbers and Chemicals IPO?
The allotment date for Gayatri Rubbers and Chemicals IPO is 2 Feb, 2023.
What is the listing date of Gayatri Rubbers and Chemicals IPO?
The listing date for Gayatri Rubbers and Chemicals IPO is expected to be 7 Feb, 2023.
What is the GMP of Gayatri Rubbers and Chemicals IPO?
The latest Grey Market Premium (GMP) for Gayatri Rubbers and Chemicals IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.