Gayatri Rubbers IPO GMP, Review, Price, Allotment

Last updated on October 25, 2023

Gayatri Rubbers IPO description – Gayatri Rubbers and Chemicals is engaged in the manufacturing and trading of rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various kinds of rubber components, and clear PVC profiles.

These rubber products are then supplied to dealers including Banco, Nalco, and Jindal in the aluminum sector and the agents of Motherson Sumi in addition to state transport in the automobile sector. The rubber compounds are used 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 manufacturing operations from the manufacturing unit located in Ballabhgarh spread in total area of 3 floors each having an area of approximately 4500 sq. ft.

Promoters of Gayatri Rubbers – Mr. Shilp Chotai, Mr. Utsav Chotai and Mr. Manoj Kumar Aggarwal are the promoters of the company.

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Gayatri Rubbers IPO Details

Gayatri Rubbers IPO Dates	25 – 30 January 2023
Gayatri Rubbers IPO Price	INR 30 per share
Fresh issue	15,28,000 shares (INR 4.58 crore)
Offer For Sale	Nil
Total IPO size	15,28,000 shares (INR 4.58 crore)
Minimum bid (lot size)	4,000 shares (INR 1,20,000)
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	NSE SME

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Gayatri Rubbers Financial Performance

	FY 2020	FY 2021	FY 2022	9M FY 2023
Revenue	656.91	1,563.08	1,673.73	1,664.84
Expenses	647.90	1,544.87	1,569.76	1,593.53
Net income	6.76	14.53	81.01	54.81

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Gayatri Rubbers Offer News

• Gayatri Rubbers RHP
• Gayatri Rubbers Draft Prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

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Gayatri Rubbers Valuations & Margins

	FY 2020	FY 2021	FY 2022
EPS	4.30	0.97	15.58
PE ratio	–	–	1.93
RONW (%)	28.66	8.47	52.13
NAV	15.02	11.50	29.88
ROCE (%)	45.67	21.08	40.08
EBITDA (%)	–	–	1.69

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Gayatri Rubbers IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
31 Jan 2023	–	–	–
30 Jan 2023	–	–	–
28 Jan 2023	3	–	–
27 Jan 2023	3	–	–

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Gayatri Rubbers IPO Subscription – Live Updates

Category	Non-retail	Retail	Total
Shares Offered	764,000	764,000	1,528,000
30 Jan 2023	31.89	40.02	35.96
27 Jan 2023	2.59	8.10	5.35
25 Jan 2023	0.36	1.35	0.85

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Gayatri Rubbers Offer Lead Manager

KHAMBATTA SECURITIES LIMITED
1 Ground Floor, 7/10, Botawala Building, 9
Bank Street, Horniman Circle, Fort, Mumbai,
Maharashtra – 400 001, India
Phone : 011-41645051, 022-66413315
Email: [email protected]
Website: www.khambattasecurities.com

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Gayatri Rubbers Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area,
Phase-I, New Delhi – 110020
Telephone: +91 11 4045 0193/97
Email: [email protected]
Website : www.skylinerta.com

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Gayatri Rubbers Contact Details

GAYATRI RUBBERS AND CHEMICALS LIMITED
Plot No. 11, Gali No. 3, Opp.
Beri Ka Bagh, Malerna Road
Ballabhgarh, Faridabad –
121004, Haryana, India
Phone: +91 9766935377
E-mail: [email protected]
Website: www.gayatrirubberchemicals.com

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Gayatri Rubbers IPO Allotment Status

Gayatri Rubbers IPO allotment status is now available on Skyline Financial Services’ website. Click on Skyline IPO weblink to get allotment status.

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Gayatri Rubbers IPO Dates & Listing Performance

Gayatri Rubbers Offer Opening Date	25 January 2023
Gayatri Rubbers IPO Closing Date	30 January 2023
Finalisation of Basis of Allotment	2 February 2023
Initiation of refunds	3 February 2023
Transfer of shares to demat accounts	6 February 2023
Gayatri Rubbers IPO Listing Date	7 February 2023
Opening Price on BSE SME	INR 35 per share (up 16.67%)
Closing Price on BSE SME	INR 36.75 per share (up 22.50%)

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Gayatri Rubbers IPO FAQs