IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Lead Reclaim and Rubber Products Ltd

Registered Office : A/8 Sunvilla Complex BypassRod,Nr. Chines Hut Hotel Dahej,Bharuch Gujarat 392001 Phone : 91-73590 10333
Fax :

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

Opens On

Closes On

09-Feb-2023

13-Feb-2023

Money Payable On

Application

Allotment

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 (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

4.28

4.88

7.34

25.00

Fedex Securities Pvt Ltd

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

Bigshare Services Pvt Ltd