Refractory Shapes IPO Subscription Status, Rate

Refractory Shapes Allotment Status Online

Refractory Shapes IPO Subscription Status: Refractory Shapes IPO is Open on May 6, 2024 and Close on May 9, 2024. Refractory Shapes IPO to Raise 3,115,200 Shares (Approx ₹23.36 Cr) via IPO. The Fresh Issue of (3,115,200 shares (Approx ₹23.36 Cr).

  • The Retail Quota is 35%
  • QIB is 50%
  • NII is 15%.

Refractory Shapes IPO is an SME IPO and Listed on NSE SME. Refractory Shapes IPO Price Band is Fixed at ₹27 to ₹31 per ₹10 Equity Share. Refractory Shapes IPO Lot Size is 4000 Shares.

About Refractory Shapes IPO :

  • Refractory Shapes (“Company” Or “Refractory Shapes”) Is Primarily Engaged In The Manufacturing Of Different Types Of Bricks, Castables,  High Alumina Catalyst And Ceramic Balls Which Includes Pre Cast & Pre Fired Blocks (“PCPF”), Burner Blocks, Special Shaped Refractory Bricks, Dense & Insulating Castables & Mortars.
  • Our Company Was Established In The Year 1973 As A Proprietary Firm Named As M/S. Refractory Shapes Which Was Then Converted Into A Private Limited Company Vide Certificate Of Incorporation Dated January 08, 1996, Whose Main Object Was To Take Over The Running Business Of M/S. Refractory Shapes, Further The Business Was Then Taken Over By Mr. Dayashankar Krishna Shetty And Ms. Pratibha Dayashankar Shetty Vide A Deed Of Assignment Dated June 19, 1996.

 

Refractory Shapes IPO Subscription Status, Rate bid times

Inv Category Shares Reserved No. of Shares bid for No. of Times (Subscription)
Qualified Buyers (QIBs) 11,44,000 10,36,40,000 90.59
Non Institutional Buyers (NIIs) 8,56,000 39,75,52,000 464.43
Retail Individual Buyers (RIIs) 19,96,000 50,80,88,000 259.56
Total 39,96,000 1,01,92,80,000 255.08

 

 

Refractory Shapes Subscription Status day-by-day-

Categories 6 May 7 May 8 May 9 May
QIB 0.01 0.05 0.07 90.59
NII 2.71 19.17 35.79 464.43
RII 8.40 30.33 65.56 259.56
Total 4.78 19.27 40.43 255.08

 

 

Refractory Shapes Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

 

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

 

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

 

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

 

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