Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Home Zone Rubber Solutions Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on April 24, 2025.
Home Zone Rubber Solutions Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on the BSE SME. Horizon Management Pvt.Ltd. was the book running lead manager and Maashitla Securities Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Feb 6, 2025 |
| Offer document withdrawn | Thu, Apr 24, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
Incorporated in October 2020, Home Zone Rubber Solutions Limited manufactures crumb rubber granules in 5, 8, and 10 mesh sizes, along with 20 mesh fine rubber.
The company focuses on conserving natural resources through recycling and helping customers achieve their circularity goals with recycled rubber products.
The company's manufacturing facility is situated in Valsad, Gujrat.
The company sells its products to Tier 2 automotive manufacturers, distributors, and dealers.
The company serves a diverse group of customers, including manufacturers of tyres, tubes, automobile parts, and conveyor belts.
The company employs 41 people in various departments.
Competitive Strength
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 93.77 | 72.95 | 57.87 | 26.70 |
| Total Income | 45.53 | 45.36 | 31.01 | 42.27 |
| Profit After Tax | 4.16 | 0.23 | 0.47 | 0.36 |
| NET Worth | 41.83 | 16.17 | 5.44 | 4.87 |
| Reserves and Surplus | 35.53 | 10.57 | 0.54 | 0.07 |
| Total Borrowing | 40.32 | 37.65 | 44.65 | 17.45 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 1.64% |
| ROCE | 10.30% |
| Debt/Equity | 3.13 |
| RoNW | 1.41% |
| PAT Margin | 0.50% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 62.4% |
Lead Manager Reports
Home Zone Rubber Solutions IPO is a SME IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Home Zone Rubber Solutions IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Home Zone Rubber Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Home Zone Rubber Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Home Zone Rubber Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Home Zone Rubber Solutions IPO dates are not announced. Please check back again after some time.
Home Zone Rubber Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Home Zone Rubber Solutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Home Zone Rubber Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Home Zone Rubber Solutions IPO allotment status.
The Home Zone Rubber Solutions IPO listing date is not yet announced. The tentative date of listing is .
