Matangi Rubber Ltd.
SMEPrice Range
TBA
Issue Size
TBA
Lot Size
1 Shares
Min. Investment
TBA
Financial Summary
(in crores)| Particulars | FY 2024-25 |
|---|---|
| Operating Revenue | 10,137.01 |
| Other Income | 338.74 |
| Total Income | 10,475.75 |
| Total Expenses | 6,856.5 |
| Profit Before Tax | 2,517.47 |
| Total Profit | 1,897.91 |
Subscription Details
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Repayment/ pre-payment in full or in part, of certain outstanding loans availed by our Company. | 450 |
| 2 | Funding Capital Expenditure requirements for setting up green field manufacturing facility | 190.588 |
| 3 | Funding Capital Expenditure requirements for setting up green field manufacturing | 84.35 |
Promoter Shareholding
Pre-IPO
90.09%
Promoter stake
Post-IPO
66.21%
Promoter stake
Offered to Public
72,76,981
shares
Post Share Capital
92,68,767
shares
About the Company
We are engaged in the business of manufacturing of tyre-flaps, tubes & rubber compound. These tyre flaps & tubesmainly find their use in commercial vehicles like trucks, buses, and heavy utility vehicles. Whereas, rubber compoundis used in manufacturing of other rubber materials. We have in total five manufacturing plants out of which two plantsare located at Selaqui (Dehradun, Uttarakhand), two plants at Bhind (Gwalior, Madhya Pradesh) and one plant atGummidipoondi (Chennai, Tamil Nadu).
Use of Proceeds
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); and4. General Corporate Purposes.