Gayatri Rubbers and Chemicals IPO Details ( Gayatri Rubbers IPO Review )
(25 Jan 2023 – 30 Jan 2023)
Gayatri Rubbers and Chemicals Limited, established in 2022, specializes in producing and selling rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, a variety of rubber components, and clear PVC profiles.
Gayatri Rubbers and Chemicals Limited supplies its rubber products to dealers such as Banco, Nalco, and Jindal in the aluminum industry and agents of Motherson Sumi as well as state transport in the automobile industry. The rubber compounds produced by the company are utilized 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 company’s promoter, Mr. Manoj Kumar Aggarwal, has over 20 years of experience in the industry and is actively guiding the company’s growth. Gayatri Rubbers conducts its manufacturing operations from its facility located in Ballabhgarh, spanning 3 floors with a total area of approximately 4500 sq. ft.
Gayatri Rubbers and Chemicals Company Product:
Gayatri Rubbers and Chemicals IPO Competitive Strength
- We are in manufacturing of rubber products including all types of rubber components and clear PVC
- profiles under single roof
- Quality Assurance and Quality Control of our Products
- Wide and Stable customer base
- Experienced management and dedicated employee base
- Repeat orders
- Prime Factory Location
Gayatri Rubbers IPO Financials Performance (Results)
Gayatri Rubbers and Chemicals Limited Financial Information ( Consolidated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | Profit After Tax (PAT) | Earnings per share (Basic) EPS | Net Worth | Reserves | Borrowing |
| 31-Mar-20 | 597.65 | 656.91 | 6.75 | 4.30 | 23.56 | 7.87 | 0 |
| 31-Mar-21 | 556.56 | 1563.08 | 14.53 | 0.97 | 171.52 | 22.39 | 0 |
| 31-Mar-22 | 497.77 | 1673.73 | 81.01 | 15.58 | 155.41 | 103.4 | 263.4 |
| 31-Dec-22 | 898.47 | 1664.84 | 54.81 | – | 462.19 | 41.19 | 78.97 |
Objective of IPO Issue
- To meet the working capital requirements of the Company
- General Corporate Purpose
- To meet the Issue Expenses
Gayatri Rubbers and Chemicals IPO Basic Details
| IPO Date | Jan 25, 2023 to Jan 30, 2023 |
| Listing Date | Tuesday, February 07, 2022 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| 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 Offer |
| Retail Shares Offered | 50% of the Offer |
| Company Promoters | Mr. Shilp Chotai, Mr. Utsav Chotai and Mr. Manoj Kumar Aggarwal are the promoters of the company. |
Gayatri Rubbers and Chemicals IPO Timetable
Gayatri Rubbers and Chemicals IPO will open on Jan 25, 2023 and close on Jan 30, 2023. You can join Gayatri Rubbers and Chemicals IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | Jan 25, 2023 |
| Closing Date | Jan 30, 2023 |
| Basis of Allotment | Feb 2, 2023 |
| Initiation of Refunds | Feb 3, 2023 |
| Credit of Shares to Demat | Feb 6, 2023 |
| Listing Date | Feb 7, 2023 |
Gayatri Rubbers and Chemicals IPO Lot Size
For retail investors in Gayatri Rubbers and Chemicals IPO, 4000 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 4000 | ₹120,000 |
| Retail (Max) | 1 | 4000 | ₹120,000 |
| S-HNI (Min) | 2 | 8000 | ₹240,000 |
Gayatri Rubbers and Chemicals IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.37% |
Gayatri Rubbers and Chemicals IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹15.58 per Equity Share |
| Price/Earning P/E Ratio | 23.62 |
| Return on Net Worth (RoNW) | 52.13% |
| Net Asset Value (NAV) | ₹29.88 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | 1 |
Gayatri Rubbers and Chemicals Ltd Peer comparison
There are no listed peer companies in India that engage in a business similar to that of our Company.
Gayatri Rubbers IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 07 February 2023 | ₹3 | – | – |
| 06 February 2023 | ₹4 | – | – |
| 05 February 2023 | ₹4 | – | – |
| 04 February 2023 | ₹3.5 | – | – |
| 03 February 2023 | ₹3.5 | – | – |
| 02 February 2023 | ₹3 | – | – |
| 01 February 2023 | ₹2 | – | – |
| 31 January 2023 | ₹2 | – | – |
| 30 January 2023 | ₹0.5 | – | – |
| 29 January 2023 | ₹1 | – | – |
| 28 January 2023 | ₹2 | – | – |
| 27 January 2023 | ₹3 | – | – |
| 26 January 2023 | ₹4 | – | – |
| 25 January 2023 | ₹4 | – | – |
Gayatri Rubbers and Chemicals IPO Detail Video:
Gayatri Rubbers and Chemicals IPO Subscription Status (Bidding Detail)
The Gayatri Rubbers and Chemicals IPO on Jan 30, 2023 at 4:52:00 PM was subscribed 37.95 times, with the retail category being subscribed 42.23 times, the NII (Non-Institutional Investor) category being subscribed 33.65 times.
| Category | Subscription |
| NII | 33.65x |
| Retail | 42.23x |
| Total | 37.95x |
Gayatri Rubbers and Chemicals IPO Prospectus
Gayatri Rubbers and Chemicals IPO Rating
| Our Rating | 2.0/5.0 |
Gayatri Rubbers and Chemicals Compnay Contact Information
GAYATRI RUBBERS AND CHEMICALS LIMITED
Address: Plot No. 11, Gali No. 3, Opp. Beri Ka Bagh,
Malerna Road, Ballabhgarh, Faridabad-121004,
Haryana, India.
Tel No.: +91 9766935377
E-mail: sales@gayatrirubberchemicals.com
Website: www.gayatrirubberchemicals.com
Contact Person: Mr. Utsav Chotai, Chief Financial Officer
Gayatri Rubbers and Chemicals IPO Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
Address: D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020, India.
Tel: +91- 11-40450193-97
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Contact Person: Ms. Rati
SEBI Registration No: INR000003241
Gayatri Rubbers and Chemicals IPO Lead Manager
KHAMBATTA SECURITIES LIMITED
Address: 1 Ground Floor, 7/10, Botawala Building, 9
Bank Street, Horniman Circle, Fort, Mumbai,
Maharashtra – 400 001, India
Tel: 011-41645051, 022-66413315
Email: ipo@khambattasecurities.com
Investor Grievance Email: mbcomplaints@khambattasecurities.com
Website: www.khambattasecurities.com
Contact Person: Mr. Vipin Aggarwal;
Mr. Vinay Pareek
SEBI Registration No.: INM000011914
Gayatri Rubbers and Chemicals IPO FAQs
What is the lot size of Gayatri Rubbers and Chemicals IPO?
The total issue size of Gayatri Rubbers and Chemicals IPO is ₹4.58 crores and this is a complete fresh Issue.
When will Gayatri Rubbers and Chemicals IPO start?
Gayatri Rubbers and Chemicals IPO will start from 25 Jan 2023 and IPO will close on 30 Jan 2023.
What is the open date of Gayatri Rubbers and Chemicals IPO?
Gayatri Rubbers and Chemicals IPO will start from 25 Jan 2023.
What is the last date ( close date ) of Gayatri Rubbers and Chemicals IPO?
Gayatri Rubbers and Chemicals IPO will close from 30 Jan 2023.
What is the price band of Gayatri Rubbers and Chemicals IPO?
Gayatri Rubbers and Chemicals IPO price band is ₹30.
What is the minimum amount required to apply for Gayatri Rubbers and Chemicals IPO?
The minimum investment for retailers to apply for Gayatri Rubbers and Chemicals IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Gayatri Rubbers and Chemicals IPO?
View gray market premium of Gayatri Rubbers and Chemicals IPO by Clicking Here
How much is the GMP of Gayatri Rubbers and Chemicals IPO?
Watch Gayatri Rubbers and Chemicals IPO GMP Today: Click Here
What is the allotment date of Gayatri Rubbers and Chemicals IPO?
The allotment date of Gayatri Rubbers and Chemicals IPO is 02 February 2023.
How to check allotment status in Gayatri Rubbers and Chemicals IPO?
To check the allotment status of Gayatri Rubbers and Chemicals IPO, first of all go to the registrar website by clicking here, select your bad Gayatri Rubbers and Chemicals IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Gayatri Rubbers and Chemicals IPO?
The listing date of Gayatri Rubbers and Chemicals IPO is 07 February 2023.
How much will be the listing gain in Gayatri Rubbers and Chemicals IPO?
View listing gain of Gayatri Rubbers and Chemicals IPO by Clicking Here
How much time Gayatri Rubbers and Chemicals IPO is subscribed?
Total 37.95 times subscribed in Gayatri Rubbers and Chemicals IPO out of which 42.23 times subscription was done in retail quota and 33.65 times subscription in NII quota.
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