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IPO

IPO Details


Lead Reclaim and Rubber Products Ltd
Registered Office: A/8 Sunvilla Complex BypassRod, Nr. Chines Hut Hotel Dahej, Bharuch - 392001, Gujarat
Phone: 91-73590 10333
Email: info@leadrubber.com
Website: www.leadreclaim.com
Initial public issue of 19,50,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Lead Reclaim and Rubber Products Limited ("The Company" or the "Issuer") for cash at a price of Rs. 25 per equity share (the "Issue Price"), (including a premium of Rs. 15 per equity share), aggregating Rs. 4.88 crores ("The Issue"), of which 1,02,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 25 each aggregating Rs.0.26 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 18,48,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 25 per equity share, aggregating to Rs. 4.62 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.56 % and 25.17 % respectively of the post issue paid up equity share capital of the company *Subject to finalisation of basis of allotment The face value of the equity shares is Rs. 10/- each and the issue price is 2.5 times of the face value. Bids can be made for a minimum of 6000 equity shares and in multiples of 6000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Feb-2023 13-Feb-2023 ₹ 25.00 ₹ 0.00
Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 4.28 Fedex Securities Pvt Ltd
Project Financed through Current Offer 4.88
Post Issue Equity Share Capital 7.34
Issue Price ₹25.00
Projects
Funding the working capital requirements
Purchase of plant and machinery for augmenting the Manufacyuring Facility
General Corporate Purposes
Promoted By
Baldevbhai Patel
Jayeshkumar Patel
Kalpesh Patel
Listing At
NSE - SME
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

83,432.89 193.42 (0.23%)

Nifty

25,461.00 55.70 (0.22%)

GLOBAL INDICES

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NASDAQ
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23,916.07 -153.88(-0.64%)