Home IPO Refractory Shapes IPO Date, Review, Price, Allotment Details

Refractory Shapes IPO Date, Review, Price, Allotment Details

Refractory Shapes IPO Date, Review, Price, Allotment Details

Refractory Shapes Limited began creating and supplying merchandise to Refineries and Steel Industries since its inception in 1973. In the years 2007 and 2011, their Company had for the primary time was an authorized supplier with Engineer India Limited (“The EIL”) and in addition were given enlisted with EIL for “High Alumina Refractory Bricks”, their Company is the Original Equipment Manufacturer in lots of initiatives completed via EIL, which greater the alternatives in their Company in lots of inexperienced box initiatives, this EIL enlistment is re-validated each 3 years.

The tailor-made merchandise formed via the Company to find their software in a various vary of Industries, together with Steel, Refineries, Fertilizers, Petrochemicals, Glass, Cement, and so on. The corporate’s refractories are engineered to undergo the cruel stipulations of those industries, contributing to enhanced operational potency and prolonged apparatus existence. The tailored-finished items supply range within the merchandise being manufactured via their Company by which trendy production apparatus is put in for scaling the producing.

In addition to the producing process being performed via the Company, Refractory Shapes is ceaselessly serious about receiving orders for the ones pieces from shoppers that aren’t part of the Company’s operations in production actions. These pieces come with Metallic Anchors which are used as strengthen for putting in refractory castables for which Raw Materials akin to tabular alumina, low alumina bricks insulation bricks, and so on are required, For such orders, their corporate procures these things from their authorized distributors and sells to the shoppers, therefore, their Company could also be serious about buying and selling of the aforesaid merchandise.

Objects of the Issue:

  • Funding of Capital expenditure in opposition to civil development required for Expanding and putting in place a brand new production unit on the present location located at Wankaner, Gujarat.
  • Funding of Capital expenditure in opposition to the acquisition of Plant and equipment for Expanding and putting in place a brand new production unit on the present location located at Wankaner, Gujarat.
  • Purchase of business automobile.
  • General company functions.

Refractory Shapes IPO Review

Refractory Shapes IPO Date & Price Band Details

IPO Open: May 6, 2024
IPO Close: May 9, 2024
IPO Size: Approx ₹18.60 Crores, 6,000,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹27 to ₹31 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 35% of the web be offering
QIB Quota: 50% of the web be offering
NII Quota: 15% of the web be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Refractory Shapes IPO Market Lot

The Refractory Shapes IPO minimal marketplace lot is 4000 stocks with a ₹124,000 software quantity.

Application Lot Size Shares Amount
Retail Minimum 1 4000 ₹124,000
Retail Maximum 1 4000 ₹124,000
S-HNI Minimum 2 8000 ₹248,000

Refractory Shapes IPO Dates

The Refractory Shapes IPO date is May 6 and the IPO shut date is May 9. The IPO allotment date is May 10 and the IPO may checklist on May 14.

IPO Open Date: May 6, 2024
IPO Close Date: May 9, 2024
Basis of Allotment: May 10, 2024
Refunds: May 13, 2024
Credit to Demat Account: May 13, 2024
IPO Listing Date: May 14, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Refractory Shapes IPO Form

How to use Refractory Shapes IPO? You can observe Refractory Shapes IPO by the use of ASBA to be had on your checking account. Just pass to the web financial institution login and observe by the use of your checking account via settling on the Refractory Shapes IPO within the Invest segment. The different choice you’ll observe Refractory Shapes IPO by the use of IPO paperwork obtain by the use of the NSE website online. Check out the Refractory Shapes paperwork – click on NSE IPO Forms obtain, fill and put up on your financial institution or along with your dealer.

Refractory Shapes Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹21.80 ₹19.68 ₹1.56
2022 ₹26.22 ₹22.84 ₹2.87
2023 ₹38.72 ₹36.23 ₹1.92
September 2023 ₹19.57 ₹16.44 ₹2.32

Refractory Shapes IPO Valuation – FY2023

Check Refractory Shapes IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹1.21 in line with Equity Share
Price/Earning P/E Ratio: [.]
Return on Net Worth (RoNW): 11.49%
Net Asset Value (NAV): ₹10.56 in line with Equity Share

Peer Group

  • S P Refractories Limited
  • IFGL Refractories Limited
  • Mr. Dayashankar Krishna Shetty
  • Ms. Pratibha Dayashankar Shetty
  • Ms. Prajna Shravan Shetty

Refractory Shapes IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Refractory Shapes IPO Allotment Status

Check Refractory Shapes IPO allotment standing on Bigshare website online URL. Click Here

Refractory Shapes IPO Lead Managers aka Merchant Bankers

Company Address

Refractory Shapes Limited
B 201, Rustomjee Central Park Chakala,
Andheri-Kurla Road, Andheri (East),
Mumbai – 400069
Phone: +91 9819995930
Email: [email protected]
Website: https://www.refshape.com/

Refractory Shapes IPO FAQs

What is Refractory Shapes IPO?

Refractory Shapes IPO is an NSE SME IPO. They are going to lift ₹18.60 Crores by the use of IPO. The factor is priced at ₹27 to ₹31 in line with fairness proportion. The IPO is to be indexed on NSE.

When Refractory Shapes IPO will open?

The IPO is to open on May 6, 2024 for QIB, NII, and Retail Investors.

What is Refractory Shapes IPO Investors Portion?

The traders’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Refractory Shapes IPO?

You can observe Refractory Shapes IPO by the use of ASBA on-line by the use of your checking account. You too can observe for ASBA on-line by the use of UPI thru your inventory agents. You too can observe by the use of your inventory agents via filling up the offline shape.

How to Apply the Refractory Shapes IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Refractory Shapes IPO thru Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your software. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Refractory Shapes IPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your software. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Refractory Shapes IPO Size?

Refractory Shapes IPO dimension is ₹18.60 crores.

What is Refractory Shapes IPO Price Band?

Refractory Shapes IPO Price Band is ₹27 to ₹31 in line with fairness proportion.

What is Refractory Shapes IPO Minimum and Maximum Lot Size?

The IPO bid is 4000 stocks with ₹124,000.

What is Refractory Shapes IPO Allotment Date?

Refractory Shapes IPO allotment date is May 10, 2024.

What is Refractory Shapes IPO Listing Date?

Refractory Shapes IPO list date is May 14, 2024. The IPO to checklist on NSE SME.

Note: The Refractory Shapes IPO main points are introduced formally. The IPO gray marketplace top rate (Refractory Shapes IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.



– Source : IPOWATCH

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