Issue Price
₹125
Per Share
GMP
NIL
Grey Market
Est. Listing
₹125
Expected Price
Min. Application
₹12,500
2 lots × 50 shares
Incorporated in 1992, Gravita India Ltd is engaged in the business of manufacturing of Lead Metal by Recycling & Smelting process & other lead products. Gravita India Ltd is flagship Company of the Gravita Group which was established in the year 1992 and has manufacturing set up at Jaipur. Company carry out smelting of Lead Ore / Lead Concentrate / Lead Battery Scrap to produce primary & secondary Lead Metal, which is further transformed into Pure Lead, Specific Lead Alloy, Lead Oxides (Lead Sub-Oxide, Red Lead, and Litharge) and Lead Products (Lead Sheets, Lead Pipes etc.) with proven technology and processes.Gravita India manufacture multiple products related to lead which are mainly used in industries like battery, glass, ceramic, pharmaceutical, paint, electronic. Their main products Pure/ Refined Lead, Lead Ingots, Lead Alloys, Grey Oxide, Red Lead and Litharge. The Group have 9 Lead manufacturing units, out of which two are in Asia and five are in African continent. Apart from lead processing, the Gravita Group is engaged in merchant trade of Lead scrap, Lead ore, Lead concentrates, Lead battery scrap and Lead products.The company has established subsidiaries and interests in Ghana, Senegal, Mozambique, Sri Lanka, Saudi Arabia, Zambia and Ethiopia. These cover the continents of Africa, Asia, Central America and CIS (Commonwealth of Independent States) countries. Gravita India has a wide spectrum of products in the lead metal industry starting from basic product as remelted lead ingot from battery recycling to high end value products such as pure lead, lead alloys, litharge, red lead, lead sub oxides, powder, sheets etc.Company has a subsidiary Gravita Exim Limited, a company specializing in providing turnkey solutions and consultancy services on engineering and design for the secondary lead companies. They are specialize in producing high quality pure lead ingots with minimum purity level of 99.97% by weight.
Gravita India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 3,600,000 | 100.00% | ₹45.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹6,250 |
| Retail (Max) | 2 | 100 | ₹12,500 |
| sNII (Min) | 33 | 1,650 | ₹206,250 |
| bNII (Min) | 161 | 8,050 | ₹1,006,250 |
| Particulars | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue from Operations | 16697.38 | 10900.94 | 4917.41 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1398.23 | 542.35 | 261.85 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |