Lead Reclaim & Rubber Products Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

09 Feb 2023

Close Date

13 Feb 2023

Allotment

16 Feb 2023

Listing Date

21 Feb 2023

Exchange

NSE SME

Price Band

₹25

Listing Price

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Allotment Status

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Price Band

₹25

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

19,50,000 shares (aggregating up to ₹4.88 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹150,000

1 lot

Pre-IPO Holding

53,91,675 shares

Promoters

Post-IPO Holding

73,41,675 shares

Promoters

P/E (Pre)

25.77x

UPI Deadline

2023-02-13

Mandate

Anchor AllotmentWed, 08 Feb 2023

Basis of AllotmentThu, 16 Feb 2023

Refund InitiationFri, 17 Feb 2023

Demat CreditMon, 20 Feb 2023

Listing DayTue, 21 Feb 2023

UPI Mandate Deadline2023-02-13

Sale TypeFresh Capital

Net Offer to Public18,48,000 shares (aggregating up to ₹4.62 Cr)

Market Maker Quota1,02,000 shares (aggregating up to ₹0.2550 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Lead Reclaim & Rubber Products Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 13 Feb 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	102,000	—	₹0.26
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,950,000	100%	₹4.88

IPO Shares Offered

Lead Reclaim & Rubber Products Ltd. IPO total issue size: ₹4.88 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	102,000	₹0.26	5.23%
Total	1,950,000	₹4.88	100.00%

* Based on upper price band ₹25 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹25.00

Upper Band

Min Investment

₹150,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹300,000
Retail (Max — 13 Lots)	13	78,000	₹1,950,000
S-HNI (Min — 14 Lots)	14	84,000	₹2,100,000
B-HNI (Min — 68 Lots)	68	408,000	₹10,200,000

* Issue Price ₹25 × Lot Size 6,000 shares

IPO Schedule

Anchor

08 Feb 2023

✓ Done

IPO Open

09 Feb 2023

✓ Done

IPO Close

13 Feb 2023

✓ Done

Allotment

16 Feb 2023

✓ Done

Refunds

17 Feb 2023

✓ Done

Demat Credit

20 Feb 2023

✓ Done

Listing Day

21 Feb 2023

✓ Done

₹25.00

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Issue ₹25.00 Live Price

About Lead Reclaim & Rubber Products Ltd.

Incorporated in 2012, Lead Reclaim and Rubber Products Limited is in the business of manufacturing reclaimed rubber, crumb rubber powder, and rubber granules.The manufacturing unit of the company is situated in Sarali Road Village - Pithai, Taluka- Kathalal, Kheda. The unit is spread over a total land area of approximately 7790 sq. mts with a total install capacity of 5520 metric tons. The manufacturing facility is accredited with ISO 9001:2015 certifications for quality management systems.Lead Reclaim focuses highly on:Saving valuable natural resources by way of recycling; andHelping our customers fulfill their circularity aspirations through the use of our reclaimed rubber productsThe product diversification of the company allows it to fulfill the requirements of varied customers. Their product range varies in grades, thickness, widths, and standards of various grades of whole tyre reclaim rubber, butyl reclaims rubber and natural reclaimed rubber.Lead Reclaim and Rubber Products to deliver its offerings to OEMs, Tier I companies in the automotive manufacturing sector, distributors, and dealers.

Objects of the Issue

Funding our working capital requirements

Purchase of plant and machinery for augmenting our Manufacturing Facility

General corporate purposes

Lead Reclaim & Rubber Products Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹706.3

31-Mar-21

₹1,036.9

31-Mar-22

₹499.0

30-Sep-22

Profit After Tax (PAT)

₹22.7

31-Mar-21

₹47.9

31-Mar-22

₹35.6

30-Sep-22

Particulars	30-Sep-22	31-Mar-22	31-Mar-21
Revenue from Operations	498.99	1036.93	706.26
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	35.55	47.87	22.74
Net Worth	555.63	289.57	40.20
Total Assets	994.65	704.32	594.88
Reserves & Surplus	241.78	67.92	20.05
Borrowings	271.38	269.30	394.67
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered19,50,000 (100.00%)

Net Offer to Public18,48,000 shares (aggregating up to ₹4.62 Cr)

Reserved for Market Maker1,02,000 shares (aggregating up to ₹0.2550 Cr)

Pre-Issue Promoter Holding53,91,675 shares

Post-Issue Promoter Holding73,41,675 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Fedex Securities Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Lead Reclaim & Rubber Products Ltd. IPO subscribed? ▲

Lead Reclaim & Rubber Products Ltd. IPO is subscribed 1.00 times by Feb 13, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Lead Reclaim & Rubber Products Ltd. IPO retail subscription status? ▼

The Lead Reclaim & Rubber Products Ltd. IPO retail category is subscribed 1.00 times as of 13 Feb 2023. The retail portion is oversubscribed.

How to subscribe Lead Reclaim & Rubber Products Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 09 Feb 2023 and closes 13 Feb 2023. Min investment: ₹150,000 (1 lot = 6,000 shares). UPI mandate: 2023-02-13.

How many times Lead Reclaim & Rubber Products Ltd. IPO subscribed? ▼

The Lead Reclaim & Rubber Products Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Lead Reclaim & Rubber Products Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Feb 2023. Refunds: on 17 Feb 2023.

When Lead Reclaim & Rubber Products Ltd. IPO will be listed? ▼

The Lead Reclaim & Rubber Products Ltd. IPO listing date is 21 Feb 2023, Tuesday. Listed on: NSE SME. Issue price: ₹25. Estimated listing: ₹25. GMP: NIL.

When Lead Reclaim & Rubber Products Ltd. IPO close? ▼

The Lead Reclaim & Rubber Products Ltd. IPO closes on 13 Feb 2023, Monday. UPI mandate: 2023-02-13. Allotment: 16 Feb 2023. Listing: 21 Feb 2023.

Quick Actions

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Live Price LIVE

Last Price₹25.00

Change—

Issue Price₹25.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹25

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹150,000

GMPNIL

Est. Listing₹25

Subscribed1.00x

Open Date09 Feb 2023

Close Date13 Feb 2023

Allotment16 Feb 2023

Listing Date21 Feb 2023

ExchangeNSE SME

UPI Deadline2023-02-13