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Lead Reclaim and Rubber Products Limited IPO

Lead Reclaim and Rubber Products Limited was a SME IPO in the Rubber sector, offered at ₹25–₹25 per share to raise ₹5 crore. It listed on 21 Feb 2023 at ₹28 and closed its first day at ₹28, a listing gain of +10.6% versus the ₹25 issue price. It now trades around ₹103 (+313.8% versus the issue price).

Frequently asked questions

What were the Lead Reclaim and Rubber Products Limited IPO listing gains?
Lead Reclaim and Rubber Products Limited listed on 21 Feb 2023 at ₹28, closing its first day at ₹28 — a listing gain of +10.6% versus the ₹25 issue price.
What was the price band and lot size of the Lead Reclaim and Rubber Products Limited IPO?
The price band was ₹25–₹25 per share, with a minimum lot of 6,000 shares (₹1,50,000 at the upper band).
Who were the registrar and lead manager for the Lead Reclaim and Rubber Products Limited IPO?
Bigshare Services Private Limited was the registrar, and Fedex Securities was the book-running lead manager.