Gayatri Rubbers IPO subscription status started on Wednesday January 25, 2023 and will close on January 30, 2023. Gayatri Rubbers IPO to raise around ₹4.58 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹30 per equity share.
The Gayatri Rubbers IPO minimum market lot is 4000 shares with ₹120,000 application amount. The IPO to list on NSE.
Gayatri Rubbers and Chemicals Limited is one of the top manufacturers of rubber profiles, aluminum rubber profiles, automobile rubber profiles, rubber compounds, various kinds of rubber components, and clear PVC profiles.
IPOWatch View
We recommend investors may apply an IPO with Caution (Risky). Investors should also look at the NII, and Retail numbers before investing. You can check the Gayatri Rubbers IPO allotment status here.
Gayatri Rubbers IPO Subscription Status – Final Data
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.38 | 2.73 | 33.65 |
| RII | 1.42 | 8.55 | 42.23 |
| Total | 0.90 | 5.64 | 37.94 |
Gayatri Rubbers IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Gayatri Rubbers IPO Review
- Avoid / Risky
Gayatri Rubbers IPO Date & Price Band
| IPO Open: | January 25, 2023 |
| IPO Close: | January 30, 2023 |
| IPO Size: | Approx ₹4.58 Crores, 1,528,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹30 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Gayatri Rubbers IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 4000 | ₹120,000 |
| Retail Maximum | 1 | 4000 | ₹120,000 |
| S-HNI Minimum | 2 | 8000 | ₹240,000 |
Gayatri Rubbers IPO Subscription Dates
| IPO Open Date: | January 25, 2023 |
| IPO Close Date: | January 30, 2023 |
| Basis of Allotment: | February 2, 2023 |
| Refunds: | February 3, 2023 |
| Credit to Demat Account: | February 6, 2023 |
| IPO Listing Date: | February 7, 2023 |
Gayatri Rubbers IPO Form
How to apply for the Gayatri Rubbers IPO? You can apply for Gayatri Rubbers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Gayatri Rubbers IPO in the Invest section. The other option is you can apply for Gayatri Rubbers IPO via IPO forms downloaded via NSE. Check out the Gayatri Rubbers forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
