IPO IPO-Synopsis
Gayatri Rubbers and Chemicals Ltd

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Registered Office: PNo11 GaliNo 3 Opp Beri KaBagh,Malerna Road Ballabhgarh , Faridabad - 121004 , Haryana , India.
Phone : 91-129-9766935377   Fax:
Email :  sales@gayatrirubberchemicals.com  
Website :  www.gayatrirubberchemicals.com
Public issue of 15,28,000 equity shares of face value of Rs10/- each fully paid up of Gayatri Rubbers and Chemicals Limited "GRCL" or the "Company" or the "Issuer") for cash at a price of Rs30/- per equity share (the "Issue Price") (including share premium of Rs20/- per equity share) aggregating Rs4.58 crores (the "Issue") by the company, of which 80,000 equity shares of face value of Rs10/- each fully paid up will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 14,48,000 equity shares of face value of Rs10/- each fully paid up is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.63% and 25.24% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs10/- each. The issue price is Rs30/-. The issue price is 3.00 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Jan-23 30-Jan-23 Rs30.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  Rs Cr Lead Managers to the Issue
Project Cost 4.18
Khambatta Securities Ltd
Project Financed through Current Offer 4.58  
Post Issue Equity Share Capital 5.74  
Issue Price Rs30.00  
Projects
Working Capital Requirement including margin moneyGeneral corporate purposes
Promoted By
Shilp Chotai
Utsav Chotai
Manoj Kumar Aggarwal
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt