Matangi Rubber IPO Details
Matangi Rubber IPO Summary
Matangi Rubber IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
Matangi Rubber IPO total issue size comprises 37,09,600 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 37,09,600 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,02,88,827, which will increase to 1,39,98,427 post-issue.
Matangi Rubber IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for Matangi Rubber 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 Sarthi 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 Matangi Rubber Limited DRHP.
Matangi Rubber IPO Details
Matangi Rubber IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
Matangi Rubber IPO Reservation
Promoter Holding
Documents
Matangi Rubber IPO Valuations
Matangi Rubber Financial Information
| Period Ended | 31 Mar 2025 |
| Assets | 211.07 |
| Total Income | 104.76 |
| Profit After Tax | 18.98 |
| EBITDA | 28.54 |
| NET Worth | 92.53 |
| Reserves and Surplus | 89.10 |
| Total Borrowing | 91.86 |
| Amount in ₹ Crore | |
About Matangi Rubber IPO
Matangi Rubber is engaged in manufacturing tyre flaps, tubes, and rubber compounds. Tyre flaps and tubes are mainly used in trucks, buses, and heavy commercial vehicles, while rubber compounds are used to make other rubber products.
Business Model:
Contract Manufacturing: It produce tyre flaps for clients using our own raw materials and facilities. The products are customized with the client’s logo and supplied to them.
Job Work Services: The company also convert raw materials provided by clients into tyre flaps or tubes at our plants. For this service, we charge conversion fees as per agreed terms.
Other Activities: Occasionally, it trade rubber materials and provide support services to our key customer, JK Tyre & Industries Limited.
Manufacturing facilities: The company operates five manufacturing plants – two in Selaqui (Dehradun, Uttarakhand), two in Bhind (Gwalior, Madhya Pradesh), and one in Gummidipoondi (Chennai, Tamil Nadu). 4 are fully operational and 1 with ongoing trial runs.
Strength Of Matangi Rubber IPO
Risk Of Matangi Rubber IPO
Objectives Matangi Rubber IPO
1. Repayment/pre-payment, in full or in part, of certain outstanding loans availed by our Company
2. Funding Capital Expenditure requirements for setting up green field manufacturing facility for Rubber Recycling Products (Bhind, Madhya Pradesh)
3. Funding Capital Expenditure requirements for setting up green field manufacturing facility for production of Solid Tyres (Bhind, Madhya Pradesh); and
4. General Corporate Purposes
Company Contact Details
Matangi Rubber Ltd.
Unit No. 401, 4th Floor, Southern Park,
Saket District Center, Saket (South Delhi)
South Delhi, New Delhi, 110017
Phone: 011 42709020
Email: cs@matangirubber.com
Website: http://www.matangirubber.com/
Registrar Contact Details
Market Maker
Matangi Rubber FAQs
The Matangi Rubber IPO is a SME public issue comprising 3709600 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. 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.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at TBA.
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