GAYATRI RUBBERS AND CHEMICALS LIMITED

Company Name	GAYATRI RUBBERS AND CHEMICALS LIMITED
Open Date	25-01-2023
Close Date	30-01-2023
Exchange	NSE SME
Lot Size	4000 Shares
Issue Price	₹ 30 per share
Issue Size	15,28,000 Equity Shares
Application Amount	₹ 1,20,000
Recommendation	Avoid

Company was incorporated in the year 2022 but it started its operations as a proprietorship in the year 2009. Company is in the manufacturing and trading of rubber profile, aluminium rubber profile, automobile rubber profile, rubber compound, various kinds of rubber components and clear PVC profiles. They supply these rubber products across India to the dealers of Nalco, Banco, Jindal in aluminium sector and the agents of Motherson Sumi and few other state transports in automobile sector. They supply rubber compounds to other rubber product manufacturers and OEMs.

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Summary of Financials (All financials in Lakh)

For the Period Ended	Mar-21	Mar-22	Dec-22
Total Assets	556.56	497.77	898.47
Net Assets	171.52	155.41	462.19
Total Borrowings	19.31	288.31	185.69
Total Revenue	1,563.08	1,673.73	1,785.64
Profit After Tax	14.53	81.01	85.50

Tentative Timeline

Opening Date	25-01-2023
Closing Date	30-01-2023
Basis of Allotment	02-02-2023
Initiation of Refunds	03-02-2023
Credit of Shares to Demat	06-02-2023
Listing Date	07-02-2023

Objects of the Issue

To meet the working capital requirements of the Company

General Corporate Purpose

To meet the Issue Expenses

Contact Information

Registered Office	Gayatri Rubbers and Chemicals Limited Plot No. 11, Gali No. 3, Opp. Beri Ka Bagh, Malerna Road Ballabhgarh, Faridabad – 121004
Phone	9766935377
Email	sales@gayatrirubberchemicals.com
Website	https://gayatrirubberchemicals.com/

Offer Documents

Gayatri Rubbers and Chemicals IPO DRHP

Gayatri Rubbers and Chemicals IPO RHP

Registrar Details

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

IPO Reservation

Market Maker Shares Offered	80,000 (5.24%)
Other Shares Offered	7,24,000 (47.38%)
Retail Shares Offered	7,24,000 (47.38%)
Total Shares Offered	15,28,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	100.00%
Share Holding Post Issue (Promoters)	73.37%