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Open
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Close
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Allotment
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Listing
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Issue Size
37,09,600 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 |
|---|---|
| Assets | 211.07 |
| Total Income | 104.76 |
| Profit After Tax | 18.98 |
| EBITDA | 28.54 |
| NET Worth | 92.53 |
| Reserves and Surplus | 89.10 |
| Total Borrowing | 91.86 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Horizon Reclaim (India) Ltd. | SME | ₹54.27 Cr | ₹103 | 13.97 | ₹147.30 | +43.01% | ₹144.30 (+0.45%) |
| Defrail Technologies Ltd. | SME | ₹13.77 Cr | ₹74 | 11.18 | ₹90.25 | +21.96% | ₹71.00 (+3.50%) |
| Ameenji Rubber Ltd. | SME | ₹30.00 Cr | ₹100 | 10.31 | ₹106.05 | +6.05% | ₹145.00 (+6.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or in part, of certain outstanding loans availed by our Company | 25.00 |
| 2 | Funding Capital Expenditure requirements for setting up green field manufacturing facility for Rubber Recycling Products (Bhind, Madhya Pradesh) | 19.00 |
| 3 | Funding Capital Expenditure requirements for setting up green field manufacturing facility for production of Solid Tyres (Bhind, Madhya Pradesh); and | 7.00 |
| 4 | General Corporate Purposes |
About Matangi Rubber IPO
Matangi Rubber is engaged in manufacturing tyre flaps, tubes, and rubber compounds. Tyre flaps and tubes are mainly used in trucks, buses, and heavy commercial vehicles, while rubber compounds are used to make other rubber products. Business Model: Contract Manufacturing: It produce tyre flaps for clients using our own raw materials and facilities. The products are customized with the client’s logo and supplied to them. Job Work Services: The company also convert raw materials provided by clients into tyre flaps or tubes at our plants. For this service, we charge conversion fees as per agreed terms. Other Activities: Occasionally, it trade rubber materials and provide support services to our key customer, JK Tyre & Industries Limited. Manufacturing facilities: The company operates five manufacturing plants – two in Selaqui (Dehradun, Uttarakhand), two in Bhind (Gwalior, Madhya Pradesh), and one in Gummidipoondi (Chennai, Tamil Nadu). 4 are fully operational and 1 with ongoing trial runs. Competitive Strengths Experienced Promoter and Key Managerial Personnel Track Record of Consistent Financial Performance Long-Standing Relationships with Customers Business Model and Ability to Mit
Contact Details
Matangi Rubber Ltd. AddressUnit No. 401, 4th Floor, Southern Park,Saket District Center, Saket (South Delhi)South Delhi, New Delhi, 110017011 42709020cs@matangirubber.comVisit Website