Gayatri Rubbers and Chemicals Ltd (NSE SME)

Jan 25, 2023 - Jan 30, 2023

Premium	₹4
Price	₹30 - ₹30
Lot size	4000
Allotment	Feb 2, 2023
Listing	Feb 7, 2023

Category	Lot(s)	Qty	Amount	Reserved
Retail	1	4000	120000	0
HNI	2	8000	240000	0

Investor Category	Subscription (times)
Qualified Institutions	[.]
Non-Institutional Buyers	33.65
Retail Investors	42.23
Employees	[.]
Others	[.]
Total	37.94

About

Issue Size	1,528,000 shares of ₹10 (aggregating up to ₹4.58 Cr)
Fresh Issue	1,528,000 shares of ₹10 (aggregating up to ₹4.58 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
NII (HNI) Shares Offered	50% of the Net Offer
Retail Shares Offered	50% of the Net Offer
Company Promoters	Mr. Shilp Chotai, Mr. Utsav Chotai and Mr. Manoj Kumar Aggarwal are the promoters of the 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

The promoter of the company Mr. Manoj Kumar Aggarwal possesses over 2 decades of experience in the industry and the company is nurturing under his direct guidance.

Gayatri Rubbers undertakes its manufacturing operations from the manufacturing unit located in Ballabhgarh spread in total area of 3 floors each having an area of approximately 4500 sq. ft.

Company Financials

Gayatri Rubbers and Chemicals Limited Financial Information (Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	597.65	656.91	6.75	23.56	7.87	0
31-Mar-21	556.56	1563.08	14.53	171.52	22.39	0
31-Mar-22	497.77	1673.73	81.01	155.41	103.4	263.4
31-Dec-22	898.47	1664.84	54.81	462.19	41.19	78.97
Amount in ₹ Lakhs

Lead Manager(s)

Strength

Weakness

Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/