Gayatri Rubbers and Chemicals Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Gayatri Rubbers and Chemicals Ltd IPO

Registered Office: PNo11 GaliNo 3 Opp Beri KaBagh,Malerna Road Ballabhgarh , Faridabad - 121004 , Haryana , India.
Phone : 91-129-9766935377   Fax:
Email :  
Website :
Public issue of 15,28,000 equity shares of face value of (Rs)10/- each fully paid up of Gayatri Rubbers and Chemicals Limited "GRCL" or the "Company" or the "Issuer") for cash at a price of (Rs)30/- per equity share (the "Issue Price") (including share premium of (Rs)20/- per equity share) aggregating (Rs)4.58 crores (the "Issue") by the company, of which 80,000 equity shares of face value of (Rs)10/- 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 (Rs)10/- 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 (Rs)10/- each. The issue price is (Rs)30/-. 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 (Rs)30.00-0.00 (Rs)0.00-0.00
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 (Rs)30.00  
Working Capital Requirement including margin moneyGeneral corporate purposes
Promoted By
Shilp Chotai  
Utsav Chotai  
Manoj Kumar Aggarwal  
Listing At
Registrar to the Issue
Skyline Financial Services Pvt