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GRCLSME / NSEListed
Gayatri Rubbers and Chemicals

Formally incorporated in 2022, Gayatri Rubbers and Chemicals Limited is engaged in the manufacturing and trading of rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various rubber components, and clear PVC profiles. These products are supplied to dealers such as Banco, Nalco, and Jindal in the aluminum sector, Motherson Sumi agents, and state transport authorities in the automobile sector, while the rubber compounds are used by various manufacturers and OEMs. The company’s product range broadly includes rubber profiles, rubber compounds, auto glass rubber, and sponge rubber for heavy industries. Under the leadership of promoter Mr. Manoj Kumar Aggarwal, who brings over two decades of industry experience, the company operates from its manufacturing unit in Ballabhgarh, spanning three floors with approximately 4,500 sq. ft. area each.

₹30 - ₹3037.94x sub
Listed Price₹35.00
Listing Gain+16.67%

IPO Schedule & Timeline

Fixed Price FPO
Open25 Jan 2023
Close30 Jan 2023
Allotment02 Feb 2023
Listing07 Feb 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker80,000 shares
5.24%
Nii (hni)7,24,000 shares
47.38%
Retail7,24,000 shares
47.38%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,20,000
HNI2 Lots (8,000 shares)
₹2,40,000

Company Promoters

Mr. Shilp ChotaiMr. Utsav ChotaiMr. Manoj Kumar Aggarwal

Company Background

Formally incorporated in 2022, Gayatri Rubbers and Chemicals Limited is engaged in the manufacturing and trading of rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various rubber components, and clear PVC profiles. These products are supplied to dealers such as Banco, Nalco, and Jindal in the aluminum sector, Motherso...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹656.91 Cr
Growth-60.5%
Revenue Trend (₹ in Crores)
0.0641.61.3k1.9kDec 2022Apr 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2020656.916.75597.650.00
Mar 20211563.0814.53556.560.00
Mar 20221673.7381.01497.77263.40
Apr 2022120.8030.69573.44262.58
Dec 20221664.8454.81898.4778.97

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values00%0%23.620

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
02 Feb 2023
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
07 Feb 2023

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Gayatri Rubbers and Chemicals. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization02 Feb 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date07 Feb 2023Trading commences on exchange

How to Check Gayatri Rubbers and Chemicals Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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About Gayatri Rubbers and Chemicals IPO

Complete issue overview for Gayatri Rubbers and Chemicals (GRCL) IPO. The issue features an equity share price band of ₹30 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions