Refractory Shapes Limited IPO Details Today: Refractory Shapes Limited IPO is Open on 6 May 2024 and Close on 9 May 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).
Refractory Shapes Limited Incorporation in 1996 (“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.
The tailored made products shaped by the Company finds its application in a diverse range of Industries, including Steel, Refineries, Fertilizers, Petrochemicals, Glass, Cement etc.
Refractory Shapes IPO Date & Price Band Details
IPO Open Date
6 May 2024
IPO Close Date
9 May 2024
IPO Size
6,000,000 shares (Approx ₹18.60 Cr)
Fresh Issue
6,000,000 shares (Approx ₹18.60 Cr)
Lot Size
4000 Shares
IPO Face Value
₹10 Per Equity Share"
IPO Price Band
₹27 to ₹31 Per Every Share
IPO Listing On
NSE SME
IPO Retail Quota
35%
IPO QIB Quota
50%
IPO NII Quota
15%
DRHP Draft
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Anchor Investor
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Refractory Shapes IPO Market Lot Details
Application
Lot Size
Shares
Amount
Retail Minimum
1
4000
₹124,000
Retail Maximum
1
4000
₹124,000
S-HNI Minimum
2
8000
₹248,000
Object of the Issue
- Funding of Capital expenditure towards civil construction required for Expanding and setting up a new manufacturing unit at the existing location situated at Wankaner, Gujarat.
- Funding of Capital expenditure towards purchase of Plant and Machineries for Expanding and setting up a new manufacturing unit at the existing location situated at Wankaner, Gujarat.
- Purchase of commercial vehicle.
- General corporate purposes.
Refractory Shapes IPO Allotment & Listing Date (Details)
IPO Open Date
6 May 2024
IPO Close Date
9 May 2024
Basis of Allotment
10 May 2024
Refunds
13 May 2024
Credit to Demat Account
13 May 2024
IPO Listing Date
14 May 2024
Refractory Shapes Financial Reports
₹ in Crores
Year
Revenue
Expense
PAT
Sept 2023
₹19.57
₹16.44
₹2.32
2023
₹38.72
₹36.23
₹1.92
2022
₹26.22
₹22.84
₹2.87
2021
₹21.80
₹19.68
₹1.56
Our Company Promoters-
- Mr. Dayashankar Krishna Shetty
- Ms. Pratibha Dayashankar Shetty
- Ms. Prajna Shravan Shetty
Refractory Shapes Comparison Listed Industry Peers Group
Company Name
Face Value
EPS
P/E Ratio
Ro NW (%)
NAV Per
CMP
Refractory Shapes Limited
10.00
1.21
[.]
11.49%
10.56
[.]
Peer Group
S P Refractories Limited
10.00
6.56
16.31
7.13%
49.97
107.00
IFGL Refractories Limited
10.00
16.97
41.12
10.12%
172.67
697.80
Qualitative Factors
- ISO 9001:2015, 14001:2015 & 45001:2018 certified
- ISO/IEC 17025:2017
- Approved EIL vendor
- Wide range of our products
- Location Advantage
- Well established relationship with clients
- Leveraging the experience of our Promoters and Directors
- Strong Marketing Practices
Comparison of Accounting Ratios with Peer Group Companies.
- Refractory Shapes Limited
- S P Refractories Limited
- IFGL Refractories Limited
Refractory Shapes Company Contact Details
B 201, Rustomjee Central Park Chakala,
Andheri-Kurla Road, Andheri (East),
Mumbai City, Mumbai-400069, Maharashtra,
India
Tel No.: +91 9819995930
Email: investors@refshape.com
Website: www.refshape.com
Refractory Shapes IPO Registar
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai 400 093,
Maharashtra, India.
Tel No: 022 – 6263 8200
Email: ipo@bigshareonline.com
Investor Grievance E-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Sagar Pathare
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