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IPO

IPO Synopsis
Lead Reclaim and Rubber Products Ltd
Registered Office: A/8 Sunvilla Complex BypassRod,Nr. Chines Hut Hotel Dahej , Bharuch - 392001 , Gujarat , India.
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 Money Payable On
Opens On Closes On Application Allotment
09-Feb-23 13-Feb-23 Rs25.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :6000  Further Multiples of :6000

  Rs 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 Rs25.00  
 
Projects
Funding the working capital requirementsGeneral Corporate Purposes
Purchase of plant and machinery for augmenting the Manufacyuring Facility
Promoted By
Baldevbhai Patel
Jayeshkumar Patel
Kalpesh Patel
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd