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?
What is Refractory Shapes IPO Investors Portion?
How to Apply the Refractory Shapes IPO?
How to Apply the Refractory Shapes IPO thru Zerodha?
How to Apply the Refractory Shapes IPO thru Upstox?
How to Apply the Refractory Shapes IPO thru Paytm Money?
What is Refractory Shapes IPO Size?
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?
What is Refractory Shapes IPO Allotment Date?
What is Refractory Shapes IPO Listing Date?
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