Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Home Zone Rubber Solutions Ltd. has refiled a Draft Red Herring Prospectus (DRHP) with the exchange on April 17, 2026 to raise funds through Initial Public Offer (IPO).
The initial submission on February 6, 2025 was withdrawn by the company on April 24, 2025 prompting the company to refile the documents.
Home Zone Rubber Solutions Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 1.20 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Horizon Management Pvt.Ltd. is the book running lead manager and Maashitla Securities 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 Home Zone Rubber Solutions IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 1,20,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 1,20,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 3,27,80,000 shares |
| Share Holding Post Issue | 4,47,80,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Feb 6, 2025 |
| Offer document withdrawn | Thu, Apr 24, 2025 |
| Filed with SEBI/Exchange | Fri, Apr 17, 2026 |
| 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 | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 109.99 | 101.26 | 72.54 | 57.71 |
| Total Income | 66.47 | 80.81 | 47.47 | 31.01 |
| Profit After Tax | 2.29 | 8.82 | -0.09 | 0.24 |
| EBITDA | 8.64 | 18.41 | 7.18 | 4.26 |
| NET Worth | 0.04 | 3,12,025.19 | -0.01 | 0.05 |
| Reserves and Surplus | 49.48 | 39.43 | 9.81 | 0.31 |
| Total Borrowing | 38.44 | 41.30 | 50.31 | 50.16 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|
| Defrail Technologies Ltd. | SME | ₹13.77 Cr | ₹74 | ₹90.25 | +21.96% | ₹74.50 (+0.00%) |
| Ameenji Rubber Ltd. | SME | ₹30.00 Cr | ₹100 | ₹106.05 | +6.05% | ₹146.00 (-3.34%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of new plant and machinery | 18.46 |
| 2 | Funding towards repayment of outstanding borrowings | 32.00 |
| 3 | Working Capital Requirements | 7.00 |
| 4 | General Corporate Purposes | |
| Total | 57.46 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 4.10% | 19.30% |
| ROCE | 8.12% | 24.29% |
| Debt/Equity | 0.69 | 0.90 |
| RoNW | 4.10% | 19.30% |
| PAT Margin | 3.67% | 10.95% |
| EBITDA Margin | 14.01% | 22.84% |
Lead Manager Reports
Home Zone Rubber Solutions IPO is a SME IPO of 1,20,00,000 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 .
