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Home Zone Rubber Solutions IPO IPO

SME[.][.]
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Allotment
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Listing
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Issue Size
1,20,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets109.99101.2672.5457.71
Total Income66.4780.8147.4731.01
Profit After Tax2.298.82-0.090.24
EBITDA8.6418.417.184.26
NET Worth0.043,12,025.19-0.010.05
Reserves and Surplus49.4839.439.810.31
Total Borrowing38.4441.3050.3150.16
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Horizon Reclaim (India) Ltd.SME₹54.27 Cr₹10313.97₹147.30+43.01%₹144.30 (+0.45%)
Defrail Technologies Ltd.SME₹13.77 Cr₹7411.18₹90.25+21.96%₹71.00 (+3.50%)
Ameenji Rubber Ltd.SME₹30.00 Cr₹10010.31₹106.05+6.05%₹145.00 (+6.03%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Purchase of new plant and machinery18.46
2Funding towards repayment of outstanding borrowings32.00
3Working Capital Requirements7.00
4General Corporate Purposes
Total57.46

About Home Zone Rubber Solutions IPO

Incorporated in October 2020, Home Zone Rubber Solutions Limited manufactures crumb rubber granules in 5, 8, and 10 mesh sizes, along with 20 mesh fine rubber. The company focuses on conserving natural resources through recycling and helping customers achieve their circularity goals with recycled rubber products. The company's manufacturing facility is situated in Valsad, Gujrat. The company sells its products to Tier 2 automotive manufacturers, distributors, and dealers. The company serves a diverse group of customers, including manufacturers of tyres, tubes, automobile parts, and conveyor belts. The company employs 41 people in various departments. Competitive Strength In-house manufacturing facility supported by technology driven process. Diversified customer base and long-standing relationship with our customers. Experienced Promoter Directors with extensive domain knowledge. Low transportation cost due to close products to the Jawaharlal Nehru Port Trust. + Read More

Contact Details

Home Zone Rubber Solutions Ltd. AddressD1 Grd Floor, Plot No 100Sarjan Plaza Dr Annie Besant Road, Worli,Worli,Mumbai, Maharashtra, 400018022 47126284companysecretary@homezone.co.inVisit Website