Issue Size | 1,528,000 shares of ₹10 (aggregating up to ₹4.58 Cr) |
Fresh Issue | 1,528,000 shares of ₹10 (aggregating up to ₹4.58 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
NII (HNI) Shares Offered | 50% of the Net Offer |
Retail Shares Offered | 50% of the Net Offer |
Company Promoters | Mr. Shilp Chotai, Mr. Utsav Chotai and Mr. Manoj Kumar Aggarwal are the promoters of the company. |
Formally incorporated in 2022 only, Gayatri Rubbers and Chemicals Limited 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 promoter of the company Mr. Manoj Kumar Aggarwal possesses over 2 decades of experience in the industry and the company is nurturing under his direct guidance.
Gayatri Rubbers undertakes its 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.
Company Financials
Gayatri Rubbers and Chemicals Limited Financial Information (Consolidated)Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
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31-Mar-20 | 597.65 | 656.91 | 6.75 | 23.56 | 7.87 | 0 |
31-Mar-21 | 556.56 | 1563.08 | 14.53 | 171.52 | 22.39 | 0 |
31-Mar-22 | 497.77 | 1673.73 | 81.01 | 155.41 | 103.4 | 263.4 |
31-Dec-22 | 898.47 | 1664.84 | 54.81 | 462.19 | 41.19 | 78.97 |
Amount in ₹ Lakhs |
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