Eureka Conveyor Beltings Limited IPO Details

SME

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

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
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
14400000
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
Filed with Exchange

Eureka Conveyor Beltings IPO Lot Size

ApplicationLotsSharesAmount
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

  ›  Eureka Conveyor Beltings IPO DRHP

Eureka Conveyor Beltings IPO Valuations

DEBT/EQUITY:0.54
RONW:28.76%
PAT MARGIN:8.84%

Eureka Conveyor Beltings Financial Information

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets83.8264.3451.6
Total Income140.9996.483.34
Profit After Tax12.428.537.01
Net Worth43.230.7722.24
Reserves and Surplus42.630.1721.64
Total Borrowing23.5420.1717.42
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 Limited
Phone: +91-40-67162222
Website: https://ipostatus.kfintech.com/

Lead Mangers

  1. Beeline Capital Advisors Pvt Ltd

    (Past IPO Performance)

Lead Manager Reports

Market Maker

To be announced

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