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Matangi Rubber Ltd.

SMEBSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2024-25
10,137.01
338.74
10,475.75
6,856.5
2,517.47
1,897.91

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

TBA

TBA

Use of Proceeds

#PurposeAmount (₹ Million)
1Repayment/ pre-payment in full or in part, of certain outstanding loans availed by our Company.450
2Funding Capital Expenditure requirements for setting up green field manufacturing facility190.588
3Funding Capital Expenditure requirements for setting up green field manufacturing84.35

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.

Matangi Rubber Ltd. Latest News

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