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Open
9 Feb 2023
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Close
13 Feb 2023
3
Allotment
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Listing
Tue, Feb 21, 2023
Price Band
₹25 per share
Issue Size
19,50,000 shares (agg. up to ₹5 Cr)
Lot Size
6,000 Shares
Listing Date
Tue, Feb 21, 2023
Latest GMP
₹3
Est. Gain
12%
✦ AI Insight
GMP Trend
21-02-2023₹3Est. ₹28+12%
20-02-2023₹4Est. ₹29+16%
19-02-2023₹4Est. ₹29+18%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 75.16x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 9.95 | 7.04 | 5.95 | 5.32 |
| Total Income | 4.99 | 10.37 | 7.06 | 4.84 |
| Profit After Tax | 0.36 | 0.48 | 0.23 | 0.36 |
| NET Worth | 5.56 | 2.90 | 0.40 | 0.17 |
| Reserves and Surplus | 2.42 | 0.68 | 0.20 | -0.03 |
| Total Borrowing | 2.71 | 2.69 | 3.95 | 3.77 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gayatri Rubbers & Chemicals Ltd. | SME | ₹4.58 Cr | ₹30 | 23.62 | ₹36.75 | +22.50% | ₹607.60 (-2.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding our working capital requirements | 1.01 |
| 2 | Purchase of plant and machinery for augmenting our Manufacturing Facility | 2.16 |
| 3 | General corporate purposes | 1.10 |
About Lead Reclaim IPO
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. Lead Reclaim focuses highly on: Saving valuable natural resources by way of recycling; and Helping our customers fulfill their circularity aspirations through the use of our reclaimed rubber products 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.+ Read More
Contact Details
Lead Reclaim & Rubber Products Ltd. AddressA/8, Sunvilla Complex, Near Chines Hut HotelDahejBypass RoadBharuch, Gujarat, 392001+91 73590 10333info@leadrubber.comVisit Website