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Home Zone Rubber Solutions Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 10897436
  • Face Value Rs. 2
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

Our Company is in the circular economy catering to the rubber industry and facilitates in generating EPR for the same. Our Company is in the business of manufacturing of crumb rubber granules in the size of 5, 8 & 10 mesh, fine rubber in the size of 20 mesh. During the manufacturing process of shredded Tyres two by-products gets generated such as clean steel wires and fiber. Our Company focuses on a) saving valuable natural resources by way of recycling; and b) helping our customers fulfil their circularity aspirations through use of our re-cycled rubber products.We believe that we are one of the few companies in our waste/scrap Tyre re-cycle industry that can process shredded Tyre into crumb rubber granules. Our manufacturing facility is situated at Industrial Land and Building Survey No. 208/A/P4 (Part A) (New Survey no 488/1), and Building Survey No. 208/A/P4 (Part B) (New Survey no 488/2) Village Lavachha, Vapi Silvassa Road, Valsad, Gujrat, which is spread over a total land area of approximately 21,615 Sq. mts. (5.50 acres) with the existing plant occupying approximately 11,790 Sq. mts (3 acres) with the total install capacity of 56940 metric tons per annum.

Projects

1. Project Name: Purchase of new Plant and Machinery i.e. Eldan Line

Project Cost: 404.806

2. Project Name: Repayment of Term Loan

Project Cost: 250

Promoters

Prmoters Name

1. Jitendra Ramesh Agarwal

Prmoters Holdings
  • Pre Share Capital: 19642500
  • Pre Promoter Holding: 62.4
  • Offer to Public: 10897436
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Data not availble

Lead Managers

  • Horizon Management Pvt Ltd.

Subscription Details