SBI Cap Securities has advised investors to ‘Subscribe’ to initial public offering of Gravita India for listing gains. The company has entered capital market to raise between Rs 43-45 crore by offering shares in the price band of Rs 120-125 per share.

“Gravita India is currently valued at 11.7x and 12.2x of its FY10 earnings at lower and upper price band respectively. While comparing the company with its peers based on their trailing twelve months earnings multiples, Gravita India seems reasonably priced based on most valuation parameters. Hence we recommend investors to 'SUBSCRIBE' to the IPO for listing gains,” the report said. More Details

Recyclers of lead batteries and manufacturers of lead and lead alloys, Gravita India has opened for subscription today. Priced between Rs 120-125, the company is offering 36 lakh equity shares through the IPO route, which will close on November 3. The company aims to raise Rs 43.2-45 crore.

Rajat Agrawal, MD of the company, in an interview with CNBC-TV18’s managing editor Udayan Mukherjee said the company has an 8% share of the 110,000 tonne lead market in India. Post issue, the company plans to scale up their lead capacity.

“Presently we have 38,700 tonne per annum capacity to handle lead. After expansion, our total capacity is going to be 62,000 tonne of lead,” he said. More Details>>

The first initial public offering for the month of November of - a manufacturer of lead metal - Gravita India has opened for subscription today. The company is offering 36 lakh equity shares through IPO, which will close on November 3.

The company aims to raise Rs 43.2-45 crore at a price band of Rs 120-125 a share.

Gravita India IPO opens for subscription

Gravita intends to utilise the proceeds of the issue for setting up an additional manufacturing facilities at Jaipur and new facility at Wada, Maharashtra. It will also use the proceeds for investment in overseas ventures at Sri Lanka - Navam Lanka Limited, Senegal - Pagrik Senegal SA and Honduras - Gravita Honduras SA. More Details>>

Check out the process of Lead Refining with Latest Lead refining Technology at recycling plants.

For setting up a Lead Acid Battery Recycling Plant, you will need to know the aspects of recycling, certificates and gather necessary information for eco friendly recycling. Know More>>

If you have Scrap Lead Acid batteries to recycle Call Us : +91 141 4057800

We will pay you for these used batteries. You can also send us mail at info@gravitaindia.com

Have a look the video of Gravita India Limited Recently posted on Youtube. Have a look the video and we will look forward for your reviews. I would like to share about gravita India Limited.

Gravita India Ltd is flash-ship company of Gravita Group and world's largest manufacturer and supplier of Lead Products, Lead Metal, Pure Lead, Lead Sheets, Lead Powder, Remelted Lead Ingots, Primary Lead, LME Grade and importer of Lead Ore, Lead concentrate, Lead blocks, Lead Scrap, Lead Bullions and Battery Scrap.

Lead is a material which is very easy to recycle. It can be re-melted many times, and provided enough processes to remove impurities. The final product (termed as Secondary Lead) is indistinguishable in any way from primary Lead produced from the ore.

The amount of Lead recycled as a proportion of total production is already fairly high worldwide. Over 50% of Lead consumed is derived from recycled or re-used material.

Recycling rates of Lead are estimated to be much higher than for other materials.

For more Details please CLICK HERE !!

Hi, Have have a look how Lead Acid Batteries are recycled and prepared for reuse..

Americans purchase nearly 3 billion dry-cell batteries every year to power radios, toys, cellular phones, watches, laptop computers, and portable power tools.

Inside a battery, heavy metals react with chemical electrolyte to produce the battery's power.

Wet-cell batteries, which contain a liquid electrolyte, commonly power automobiles, boats, or motorcycles.

Nearly 99 million wet-cell lead-acid car batteries are manufactured each year.

A car battery contains 18 pounds of lead and one pound of sulfuric acid.

Gravita Group has enlightened the motto "Let’s join hands for Eco friendly Recycling". This is very glad to announce that Gravita Group has successfully launched its new website Gravitaghana.com (formerly pagrikghana.com).

Gravita Ghana Ltd. is a part of India's leading Lead Manufacturing & Processing unit called Gravita Group of Companies. Gravita Ghana takes advantage of its resources and related core competencies and believes in growth opportunities for increasing products and improving returns.

Gravita Ghana is a growing name in Lead Recycling & Process industries of Ghana. The company is promoted to Manufacture Remelted Lead & Polypropylene Chips. In order to make the best quality lead available and to conserve the already limited, constantly depleting natural resources of lead metal to protect the environment.

At Gravita Ghana we are doing Lead Recycling through various sources of Lead Scrap (Battery Scrap, Lead Battery Plate Scrap, Concentrates etc.)

Our recycling process is performed on Non-ferrous metal:
• Lead Scrap Recycling
• Lead Battery Scrap Recycling

We have committed to protecting our environment for all of our futures for this we use eco-friendly plants/machinery for Lead Scrap Recycling.

Gravita Group has launched its first quarterly News Letter “Gravita FOCUS” on 7th May 2010. The Newsletter was published by the Chairman Mr. MP Agarwal. This newsletter is framed to put light on various aspects of Lead & Metal Industries in which the Group is thoroughly involved.

Once again the Group has enlighten the motto “Let’s join hands for Eco friendly Recycling”.

There are many different uses of Lead. It may be used as a pure metal, alloyed with other metals, or as chemical compounds.

Key Features of Lead:

*Lead a naturally occurring metal.
* Lead is still used widely in commercial products.
* Lead is very stable and accumulates in the environment.
* Most lead encountered in the environment today is inorganic.
* The body absorbs organic lead (as was used in leaded gasoline and is used in occupational settings) faster than inorganic lead.

Lead is mostly used in Batteries, building construction for roofing and cladding, Rolled Extrusions, X-Ray Shielding and making Lead Wool, Lead Wire, Lead Pipes, Lead ingots, Lead Sheets, Lead Bullets, Paints Pigments, Pure Lead, Cable Sheathing, bearings, solder, antifriction metals, and type metal.

Shot Lead is an Alloy of Lead, Antimony, and Arsenic. Lead Foil is made with Lead alloys. Lead is added to brass to reduce machine tool wear.

If you like to know more in Details Click Here !

For assistance and buying Pure Lead Please do visit at http://www.gravitaindia.com

Greetings!
I hope and believe that the business must be coming in to shape everywhere after this Economic downfall last year. In my view business can not be affected that much with the problems as we can forecast its execution for later stage. Lead Market too has come up and its a right time to rethink in this promising business of Lead Recycling.. Lets Join hands for Ecofriendly Lead Recycling..Anurag

Earth Day is April 22, but Gravita Exim will celebrate it for the whole month with its annual "Great Battery Roundup".

During April, Gravita Exim will accept scrap batteries and lead batteries at no cost; these used automotive or marine lead-acid batteries will be sent its plants where they can be recycled into new batteries and save the environment.

There are more than 9 Battery Recycling Plants of Gravita Exim all over the world that meet the criteria for Lead battery recycling.

Lead acid batteries are made up of plates, Lead, and Lead oxide with a 35% sulfuric acid and 65% water electrolyte solution. Lead acid batteries represent almost 60% of all batteries sold worldwide.

Car batteries contain about 18 pounds of lead and a pound of sulfuric acid, so they can be extremely hazardous and cause environmental contamination.

Battery Recycling Plant requires that the batteries be sorted according to chemistries. Some sorting must be done prior to the battery arriving at the recycling Plant. Nickel-cadmium, nickel-metal-hydride, lithium-ion and Lead acid are placed in designated boxes at the collection point.