Eureka Conveyor Beltings IPO Details

SME BSE

Eureka Conveyor Beltings IPO Summary

Eureka Conveyor Beltings IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Eureka Conveyor Beltings IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Eureka Conveyor Beltings IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Beeline Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Eureka Conveyor Beltings Limited DRHP.

Eureka Conveyor Beltings IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹10 per share

Lot Size

0 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Pre-issue Shareholding

1,44,00,000 shares

Post-issue Shareholding

Total Issue Size

Fresh Issue

Offer for Sale

DRHP Status

Filed with Exchange

Eureka Conveyor Beltings IPO Lot Size

Application	Lots	Shares	Amount
To be announced

Eureka Conveyor Beltings IPO Reservation

Promoter Holding

Pre Issue:

100.00%

Post Issue:

Promoter Names:

Mr. Raj Kumar Khubchandani, Mr. Bharat Kumar Khubchandani, Mr. Sumit Khubchandani, Mr. Nitin Khubchandani, Mr. Puneet Khubchandani, Mrs. Bhakti Khubchandani

Documents

DRHP

Eureka Conveyor Beltings IPO DRHP

Eureka Conveyor Beltings IPO Valuations

DEBT/EQUITY0.54

RONW28.76%

PAT MARGIN8.84%

Eureka Conveyor Beltings Financial Information

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	83.82	64.34	51.6
Total Income	140.99	96.4	83.34
Profit After Tax	12.42	8.53	7.01
Net Worth	43.2	30.77	22.24
Reserves and Surplus	42.6	30.17	21.64
Total Borrowing	23.54	20.17	17.42
Amount in ₹ Crore

About Eureka Conveyor Beltings IPO

Incorporated in 1993, Eureka Conveyor Beltings Limited, also known by its trade name Eurekon, is a manufacturer and exporter of conveyor rubber belts and industrial solutions.

The company delivers high-quality products across various industries, including cement, steel, coal handling, fertilizers, and iron ore mining.

The company's manufacturing facilities are equipped with advanced technology, ensuring compliance with global standards such as IS, DIN, CSA, BS, JIS, AS, NF, and EMR.

The company has two advanced manufacturing units in Kota, Rajasthan. Unit 1, established in 2005, and Unit 2, launched in 2023, together produce up to 70,000 meters of conveyor belts monthly.

Product Offerings:

Textile Conveyor Belts:Textile conveyor belts offer strong, flexible industrial material handling.
Pipe Conveyor Beltings: Europipe belts prevent spillage, curve easily, and save costs.
Special Purpose Conveyor Belts: Special purpose belts handle diverse materials in industrial applications efficiently.
Material Handling Accessories: The company offers accessories used in material handling installation/requirements such as Rubber Impact Pads, Lagging sheets and Conveyor Belt Repair Accessorie.

As on July 31, 2024, the company has 108 employees on payroll.

Competitive Strengths:

Quality Assurance and Quality Control of our Products
Cost effective production and timely fulfilment of orders
Scalable Business Model
Customer satisfaction and revenues from long standing customer relationships
Leveraging the experience of the Promoter

Strength Of Eureka Conveyor Beltings IPO

To be announced

Risk Of Eureka Conveyor Beltings IPO

To be announced

Objectives Eureka Conveyor Beltings IPO

1. Funding capital expenditure requirement of the company

2. Funding Working Capital Requirement of the Company

3. General Corporate Expenses

Company Contact Details

Eureka Conveyor Beltings Ltd.
F-53,
Chambal Industrial Area,
Industrial Estate,
Kota, Rajasthan, 324003
Phone: +91 9351603479
Email: info@eurekabeltings.com
Website: http://www.eurekabeltings.com/

Registrar Contact Details

Name:

Kfin Technologies Ltd

Phone:

+91-40-67162222

Email:

eureka.ipo@kfintech.com

Website:

https://ipostatus.kfintech.com/

Lead Mangers

Market Maker

To be announced

Eureka Conveyor Beltings FAQs

The Eureka Conveyor Beltings IPO is a SME public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Eureka Conveyor Beltings IPO opens on TBA.

Eureka Conveyor Beltings IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Eureka Conveyor Beltings IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Eureka Conveyor Beltings IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Eureka Conveyor Beltings IPO allotment status for updates.

The listing date for the Eureka Conveyor Beltings IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Eureka Conveyor Beltings IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.