Lead Reclaim and Rubber Products IPO

Lead Reclaim and Rubber Products IPO Review

Lead Reclaim and Rubber Products IPO Overview

Lead Reclaim and Rubber Products Limited, founded in 2012, crumb rubber powder, manufactures recovered rubber, and rubber granules.

The company’s production plant is located at Sarali Road Village – Pithai, Taluka – Kathalal, Kheda. The unit covers an area of roughly 7790 square meters and has a total installed capacity of 5520 metric tonnes. The manufacturing plant is ISO 9001:2015 certified for quality management systems.

Lead Reclaim places a premium on:

Recycling important natural resources; and assisting our clients in meeting their circularity goals through the usage of our recycled rubber goods

The company’s product variety enables it to meet the needs of a wide range of consumers. Their product line includes various grades, thicknesses, widths, and standards of whole tyre reclaim rubber, butyl reclaim rubber, and natural reclaimed rubber.

Lead Reclaim and Rubber Products will provide its services to OEMs, Tier I automobile manufacturing businesses, distributors, and dealers.

Lead Reclaim and Rubber Products IPO Details

IPO Date

Feb 9, 2023 to Feb 13, 2023

Listing Date

Feb 21, 2023

Face Value

₹10 per share

Price

₹25 per share

Lot Size

6000 Shares

Issue Size

1,950,000 shares of ₹10

(aggregating up to ₹4.88 Cr)

Fresh Issue

1,950,000 shares of ₹10

(aggregating up to ₹4.88 Cr)

Issue Type

Fixed Price Issue IPO

Listing At

NSE SME

P/E (x)

25.77

Market Cap (₹ Cr.)

18.35

NII (HNI) Shares Offered

50% of the Net Issue

Retail Shares Offered

50% of the Net Issue

Market Maker

SVCM SECURITIES PRIVATE LIMITED

Company Promoters

Baldevbhai Patel, Jayeshkumar Patel, Kalpesh Patel, Rekhaben Patel, Sadhana Patel and Diksha Patel are the promoters of the company.

Lead Reclaim and Rubber Products IPO Financial Performance

Period Ended

Total Assets

Total Revenue

Profit After Tax

31-Mar-20

532.45

483.67

36.36

31-Mar-21

594.88

706.26

22.74

31-Mar-22

704.32

1036.93

47.87

30-Sep-22

994.65

498.99

35.55

Amount in ₹ Lakhs

Period Ended

Net Worth

Reserves and Surplus

Total Borrowing

31-Mar-20

17.47

-2.68

377.25

31-Mar-21

40.2

20.05

394.67

31-Mar-22

289.57

67.92

269.3

30-Sep-22

555.63

241.78

271.38

Amount in ₹ Lakhs

Lead Reclaim and Rubber Products IPO Key Ratios

 

FY 2020

FY 2021

FY 2022

EPS

11.64

7.28

3.0

PE ratio

8.33

RONW (%)

208.20

56.56

16.53

NAV

8.67

19.95

13.06

ROCE (%)

18.30

19.28

15.70

Debt/Equity

21.60

9.82

0.93

Listing Performance of Lead Reclaim and Rubber Products IPO

Listed On : NSE SME

Issue Price : ₹25 per share

Listing Day Close : NA

Listing Day Gain : NA

Lead Reclaim and Rubber Products IPO ISIN Number Code

NSE : NA

ISIN CODE : INE0H4B01011

BSE : NA

Lead Reclaim and Rubber Products IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Lead Reclaim and Rubber Products IPO Important Dates

Opening Date

Feb 9, 2023

Closing Date

Feb 13, 2023

Basis of Allotment

Feb 16, 2023

Initiation of Refunds

Feb 17, 2023

Credit of Shares to Demat

Feb 20, 2023

Listing Date

Feb 21, 2023

Lead Reclaim and Rubber Products IPO Contact Details

A/8, Sunvilla Complex, Near Chines Hut Hotel,
Dahej, Bypass Road,
Bharuch-392001
Phone: +91 73590 10333
Email: info@leadrubber.com
Website: http://www.leadreclaim.com/

Lead Reclaim and Rubber Products IPO Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: http://www.bigshareonline.com

Lead Reclaim and Rubber Products IPO FAQ's

The Lead Reclaim and Rubber Products Limited IPO is a NSE SME IPO of ₹25 per equity share with a face value of 10 per equity share. 

The issue size is priced at ₹1,950,000 shares of ₹10 (aggregating up to ₹4.88 Cr).

The fresh issue size priced at ₹1,950,000 shares of ₹10 (aggregating up to ₹4.88 Cr).

The initial public offering (IPO) begins on Feb 9, 2023 and closes on Feb 13, 2023 . The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.

The Lead Reclaim and Rubber Products Limited IPO opens on Feb 9, 2023.

Lead Reclaim and Rubber Products Limited IPO Market lot size is 6000 Shares.

The finalization of Basis of Allotment for Chaman Metallics IPO will be done on Feb 16, 2023 and the allotted shares will be credited to your demat account by Feb 20, 2023. Check the Lead Reclaim and Rubber Products Limited IPO status.

The Lead Reclaim and Rubber Products Limited IPO listing date is on Feb 21, 2023.

 

Lead Reclaim and Rubber Products Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Lead Reclaim and Rubber Products IPO Comments