Lead Reclaim and Rubber Products
NSE SME₹150,000 / 6000 Shares
Lead Reclaim and Rubber Products IPO Details
The Lead Reclaim and Rubber Products IPO price band is set between ₹25 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 9 Feb, 2023 and closes on 13 Feb, 2023. Investors can check the allotment status on 16 Feb, 2023, while the listing date is tentatively scheduled for 21 Feb, 2023.
The total issue size is 1,950,000 shares of ₹10, aggregating up to ₹4.88 Cr. Stay tuned for the latest Lead Reclaim and Rubber Products IPO review and GMP updates.
Lead Reclaim and Rubber Products IPO Review, Rating & Analysis
Lead Reclaim and Rubber Products IPO Review
NO REVIEWLead Reclaim and Rubber Products IPO Rating
Lead Reclaim and Rubber Products IPO Highlights
IPO Date
Feb 9, 2023 - Feb 13, 2023
Listing Date
21 Feb, 2023
Face Value
₹10 Per Equity Share
Price Band
₹25 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Lead Reclaim and Rubber Products IPO Lot Size
The minimum market lot for Lead Reclaim and Rubber Products IPO is 6000 shares with an application amount of ₹1,50,000. 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 | 6000 | ₹1,50,000 |
| Retail (Max) | 1 | 6000 | ₹1,50,000 |
| S-HNI (Min) | 2 | 12000 | ₹3,00,000 |
| S-HNI (Max) | 6 | 36000 | ₹9,00,000 |
| B-HNI (Min) | 7 | 42000 | ₹10,50,000 |
Lead Reclaim and Rubber Products IPO Timeline
Issue Price
₹25 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Fedex Securities LimitedIssue Size
1,950,000 shares of ₹10(aggregating up to ₹4.88 Cr)Lead Reclaim and Rubber Products IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 22 | 994.65 | 498.99 | 35.55 | - | - | - |
| 31 Mar 22 | 704.32 | 1036.93 | 47.87 | - | - | - |
| 31 Mar 21 | 594.88 | 706.26 | 22.74 | - | - | - |
| 31 Mar 20 | 532.45 | 483.67 | 36.36 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Baldevbhai Patel
- Jayeshkumar Patel
- Kalpesh Patel
- Rekhaben Patel
- Sadhana Patel
- Diksha Patel
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 86.48% | % |
About Company
Incorporated in 2012, 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.
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 Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 924,000 | 924,000 | 1,848,000 |
Day 1 -09-02-23 06:00 PM | 1.37 x | 2.83 x | 2.10 x |
Day 2 -10-02-23 06:00 PM | 2.18 x | 6.39 x | 4.28 x |
Day 3 -13-02-23 06:00 PM | 87.56 x | 64.41 x | 75.98 x |
Frequently Asked Questions about Lead Reclaim and Rubber Products IPO
When will Lead Reclaim and Rubber Products IPO open for subscription?
The Lead Reclaim and Rubber Products IPO opens on 9 Feb, 2023 and closes on 13 Feb, 2023.
What is the investors portion for Lead Reclaim and Rubber Products IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 924000.
How to apply for Lead Reclaim and Rubber Products IPO?
You can apply for Lead Reclaim and Rubber Products 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 Lead Reclaim and Rubber Products IPO?
The issue size of Lead Reclaim and Rubber Products IPO is approx ₹1,950,000 shares of ₹10(aggregating up to ₹4.88 Cr) crores.
What is the price band of Lead Reclaim and Rubber Products IPO?
The price band for Lead Reclaim and Rubber Products IPO is ₹25 per equity share to ₹undefined.
What is the lot size of Lead Reclaim and Rubber Products IPO?
The minimum bid (lot size) for Lead Reclaim and Rubber Products IPO is N/A shares with an investment of approx ₹150,000 .
What is the allotment date of Lead Reclaim and Rubber Products IPO?
The allotment date for Lead Reclaim and Rubber Products IPO is 16 Feb, 2023.
What is the listing date of Lead Reclaim and Rubber Products IPO?
The listing date for Lead Reclaim and Rubber Products IPO is expected to be 21 Feb, 2023.
What is the GMP of Lead Reclaim and Rubber Products IPO?
The latest Grey Market Premium (GMP) for Lead Reclaim and Rubber Products 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.