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Matangi Rubber IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

Matangi Rubber Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on May 25, 2026 to raise funds through Initial Public Offer (IPO).

Matangi Rubber Ltd. IPO is a Book Build Issue of 0.73 crore equity shares consisting of a fresh issue of upto 0.58 crore equity shares and an offer for sale (OFS) of upto 0.15 crore equity shares.

The equity shares are proposed to be listed on NSE and BSE. Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Matangi Rubber IPO DRHP for more details.

IPO Details

IPO Date

[.]
Listing Date

[.]
Face Value

₹10 per share
Price Band
Lot Size
Sale Type

Fresh capital cum OFS
Issue Type

Bookbuilding IPO
Listing At

BSE, NSE

Total Issue Size

72,76,981 shares (agg. up to ₹[.] Cr)
Fresh Issue

57,61,831 shares (agg. up to ₹[.] Cr)
Offer for Sale

15,15,150 shares of ₹10 (agg. up to ₹[.] Cr)
Share Holding Pre Issue

2,28,55,450 shares
Share Holding Post Issue

2,86,17,281 shares

IPO DRHP Status

Description	Date
Filed with SEBI/Exchange	Mon, May 25, 2026

Issue Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not more than 75% of the Net Issue
Retail Shares Offered	Not Less than 10% of the Net Issue
NII Shares Offered	Not Less than 15% of the Net Issue

About Matangi Rubber Ltd.

Incorporated in June 2004, Matangi Rubber Limited is engaged in the manufacturing of tyres, tyre flaps, tyre tubes, and rubber compounds for automotive and industrial applications. The company primarily caters to the 2-wheeler, 3-wheeler, and commercial vehicle segments through manufacturing, contract manufacturing, and job work services.

Matangi Rubber operates 7 manufacturing facilities across Uttarakhand, Madhya Pradesh, and Tamil Nadu, including facilities operated through its subsidiary MG Industries Limited. The plants manufacture tyre flaps, tyre tubes, rubber compounds, and tyres for multiple automotive applications.

The company’s business model focuses on manufacturing & selling, contract manufacturing, and conversion-based job work services for tyre companies. It also undertakes limited trading of rubber materials and support services for key customers such as JK Tyre & Industries Limited.

As on May 31, 2025, the company had 240 employees across various business functions.

Strengths

Experienced management team
Long-standing customer relationships
Diversified business model
Consistent financial performance
Multiple manufacturing facilities across India

Company Financials (Restated Consolidated)

Period Ended	31 Dec 2025	31 Mar 2025
Assets	244.51	206.11
Total Income	89.39	106.30
Profit After Tax	16.80	20.03
EBITDA	23.77	30.89
NET Worth	37.06	50.05
Reserves and Surplus	91.36	81.73
Total Borrowing	114.22	93.68
Amount in ₹ Crore

IPO Objects of the Issue

# Issue Objects

Est Amt (₹ Cr.)
1 Repayment/ pre-payment in full or in part, of certain outstanding loans availed by the Company

45.00
2 Funding Capital Expenditure requirements for setting up green field manufacturing facility for Rubber Recycling Products (Bhind, Madhya Pradesh)

19.06
3 Funding Capital Expenditure requirements for setting up green field manufacturing facility for production of Solid Tyres (Bhind, Madhya Pradesh)

8.44
4 General Corporate Purposes
Total

72.49

Key Performance Indicator (KPI)

KPI	Dec 31, 2025	Mar 31, 2025
ROE	16.53%	23.52%
ROCE	12.11%	18.22%
Debt/Equity	1.12	1.10
RoNW	17.99%	31.95%
PAT Margin	18.80%	18.84%
EBITDA Margin	27.43%	30.49%

	Pre IPO	Post IPO
EPS (₹)	8.76	7.83
Promoter Holding	81.11%	60.01%

Mohit Gupta, Manju Gupta, Radhika Gupta and Vandana Rubber and Chemicals Private Limited

Company Financials (Restated Standalone)

Period Ended	31 Mar 2024	31 Mar 2023
Assets	120.12	73.20
Total Income	91.26	87.46
Profit After Tax	4.81	2.74
EBITDA	10.38	7.81
NET Worth	77.83	94.32
Reserves and Surplus	37.48	24.77
Total Borrowing	61.86	29.48
Amount in ₹ Crore

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200
ipo@bigshareonline.com
Visit Website

IPO Lead Manager(s)

Sarthi Capital Advisors Pvt.Ltd. (Past IPO Performance)

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

Matangi Rubber Ltd. Address

Unit No. 401, 4th Floor

Southern Park, Saket District Center

Saket (South Delhi)

South Delhi, New Delhi, 110017

011 42709020
cs@matangirubber.com
Visit Website

IPO FAQs

What is the Matangi Rubber IPO?

Matangi Rubber IPO is a main-board IPO of 72,76,981 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Matangi Rubber IPO open and close dates are not available as of now.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

How to apply in Matangi Rubber IPO through Angel One?

Angel One customers can apply online in Matangi Rubber IPO using UPI as a payment gateway. Angel One customers can apply in Matangi Rubber IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Matangi Rubber IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Matangi Rubber IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

When Matangi Rubber IPO will open?

The Matangi Rubber IPO dates are not announced. Please check back again after some time.

What is the lot size of Matangi Rubber IPO?

Matangi Rubber IPO lot size and the minimum order quantity is not available at this time. Please check again later.

How to apply for Matangi Rubber IPO?

You can apply in Matangi Rubber 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 Angel One , Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is Matangi Rubber IPO allotment?

The finalization of Basis of Allotment for Matangi Rubber IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Matangi Rubber IPO allotment status.

When is Matangi Rubber IPO listing date ?

The Matangi Rubber IPO listing date is not yet announced. The tentative date of listing is .