Rajputana Industries IPO Allotment Status Online: Rajputana Industries IPO is Open on 30 July 2024 and Close on 1 August 2024. Rajputana Industries IPO to Raise 6,285,000 shares (Approx ₹23.88 Cr) via IPO. The Fresh Issue of 6,285,000 shares (Approx ₹23.88 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Rajputana Industries IPO Basis of Allotment Status on 2 August 2024. Rajputana Industries IPO Refund Date is 5 August 2024 and Rajputana Industries IPO Credit to Demat on 5 August 2024.
Also Read: Rajputana Industries IPO Details, GMP Price, Date, Review
Rajputana Industries IPO Allotment Link Online
Bigshare
Bigshare Allotment Link
Moneymintidea
IPO Allotment Status Link
About –
Rajputana Industries was originally incorporated as “Rajputana Industries Private Limited” at Jaipur as a privatem limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 13, 2011.
Our Company is primarily engaged in the business of manufacturing of diverse range of non-ferrous metal products from primarily Copper, Aluminium, Brass and various alloys from recycling of scrap metal. We procure scrap metal from open markets and convert them into billets made of metals like aluminium, copper or brass etc. through recycling in our inhouse manufacturing unit situated at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan.
Once these billets are manufactured from recycled scrap metal, we either sell them to different manufacturing companies or we use them to produce products like Copper rods, Aluminium rods, Copper mother tube, brass wires, super enameled copper conductor and many more products. These wires, tubes, bars, billets and rods are manufactured in various shapes and sizes as per the requirement of the customers and / or demand in the market.
Over the past couple of years, our company has outgrown itself into a distinguished large-scale organization specializing in wires, tubes, bus, bars and rods of various shapes, sizes and in various nonferrous metals having plentiful applications.
This acquisition was strategically made to take the advantage of the forward integration as our company was involved in the process of manufacturing of billets of several metals like copper, aluminum, brass etc made out of scrap metals, which were used as a raw material in the operations of Shera Energy Limited in order to produce the winding wires and strips.
