Refractory Shapes Limited IPO Details Today, GMP Price, Date, Review

Refractory Shapes Limited IPO Details Today, GMP Price, Date, Review

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 Click Here
Anchor Investor Click Here

 

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

  1. 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.
  2. 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.
  3. Purchase of commercial vehicle.
  4. 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-

  1. Mr. Dayashankar Krishna Shetty
  2. Ms. Pratibha Dayashankar Shetty
  3. 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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