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Refractory Shapes Ltd

Refractory Shapes Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹31
₹31
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹31
Based on GMP
Min. Investment
₹124,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
06 May 2024
Close Date
09 May 2024
Allotment
10 May 2024
Listing Date
14 May 2024
Exchange
NSE SME
Price Band
₹31
Listing Price
See chart
Allotment Status
Price Band
₹31
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
60,00,000 shares (aggregating up to ₹18.60 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹124,000
1 lot
Pre-IPO Holding
1,58,00,000 shares
Promoters
Post-IPO Holding
2,18,00,000 shares
Promoters
P/E (Pre)
25.55x
 
P/E (Post)
16.46x
 
EPS (Pre)
₹1.21
 
EPS (Post)
₹1.88
 
UPI Deadline
2024-05-09
Mandate
Anchor AllotmentSun, 05 May 2024
Basis of AllotmentFri, 10 May 2024
Refund InitiationMon, 13 May 2024
Demat CreditMon, 13 May 2024
Listing DayTue, 14 May 2024
UPI Mandate Deadline2024-05-09
Sale TypeFresh Capital
Net Offer to Public56,96,000 shares (aggregating up to ₹17.66 Cr)
Market Maker Quota3,04,000 shares (aggregating up to ₹0.9424 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Refractory Shapes Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 May 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
304,000
₹0.94
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,000,000
100% ₹18.60
IPO Shares Offered
Refractory Shapes Ltd IPO total issue size: ₹18.60 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 304,000 ₹0.94
5.07%
Total 6,000,000 ₹18.60
100.00%
* Based on upper price band ₹31 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹31.00
Upper Band
Min Investment
₹124,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹248,000
Retail (Max — 13 Lots)1352,000₹1,612,000
S-HNI (Min — 14 Lots)1456,000₹1,736,000
B-HNI (Min — 68 Lots)68272,000₹8,432,000
* Issue Price ₹31 × Lot Size 4,000 shares
IPO Schedule
Anchor
05 May 2024
✓ Done
IPO Open
06 May 2024
✓ Done
IPO Close
09 May 2024
✓ Done
Allotment
10 May 2024
✓ Done
Refunds
13 May 2024
✓ Done
Demat Credit
13 May 2024
✓ Done
Listing Day
14 May 2024
✓ Done
Refractory Shapes Ltd — Live Price LIVE
₹31.00
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Issue ₹31.00 Live Price
About Refractory Shapes Ltd
Refractory Shapes Limited was founded in 1996 and manufactures various types of Bricks, Castables, high alumina catalysts and Ceramic Balls.The company's product list includes pre-cast and pre-fired blocks (PCPF), Burner Blocks, specially shaped refractory bricks, dense and insulating castables, and mortars. The company also receives orders for metallic anchors, which are used as supports for the installation of refractory castings and for which raw materials such as tabular alumina, low alumina bricks and insulating bricks, etc. are required.The Company's manufacturing facilities are located at Pimpri Industrial Area, Pune, Maharashtra, with a total area of 34,788 sq. ft, and at Wankaner, Morbi district in Gujarat, with a total area of 1,74,246 sq. ft. The Company also has an additional 4 acres of land with an area of 1,74,240 sq. ft. near the existing unit at Wankaner, Gujarat to expand the production unit, to add an additional kiln and manufacture more various types of refractory bricks with pressing machines.On September 30, 2023, the company had 38 employees.
Objects 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 the purchase of Plant and machinery for Expanding and setting up a new manufacturing unit at the existing location situated at Wankaner, Gujarat;
3
Purchase of commercial vehicle; and
4
General corporate purposes.
Refractory Shapes Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹2,621.7
31 Mar 2022
₹3,684.8
31 Mar 2023
₹3,684.8
31 Dec 2023
Profit After Tax (PAT)
₹287.0
31 Mar 2022
₹191.7
31 Mar 2023
₹307.9
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 3684.82 3684.82 2621.67
EBITDA N/A N/A N/A
Profit After Tax (PAT) 307.94 191.74 287.04
Net Worth 396.58 1668.64 1476.90
Total Assets 5289.90 5003.81 3684.82
Reserves & Surplus 396.58 1658.64 1466.90
Borrowings 2341.80 2048.63 1570.12
EBITDA Margin (%) N/A
PAT Margin (%) 10.47%
P/BV Ratio
4.95
RoE
15.58%
RoCE
9.79%
RoNW
15.58%
PAT Margin
10.47%
Debt/Equity
1.18
Issue Structure & Shareholding
Total Shares Offered60,00,000 (100.00%)
Net Offer to Public56,96,000 shares (aggregating up to ₹17.66 Cr)
Reserved for Market Maker3,04,000 shares (aggregating up to ₹0.9424 Cr)
Pre-Issue Promoter Holding1,58,00,000 shares
Post-Issue Promoter Holding2,18,00,000 shares
P/BV Ratio4.95
RoE15.58%
RoCE9.79%
Debt / Equity1.18
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Shreni Shares Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Refractory Shapes Ltd IPO subscribed?

Refractory Shapes Ltd IPO is subscribed 1.00 times by May 09, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Refractory Shapes Ltd IPO retail subscription status?

The Refractory Shapes Ltd IPO retail category is subscribed 1.00 times as of 09 May 2024. The retail portion is oversubscribed.

How to subscribe Refractory Shapes Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 06 May 2024 and closes 09 May 2024. Min investment: ₹124,000 (1 lot = 4,000 shares). UPI mandate: 2024-05-09.

How many times Refractory Shapes Ltd IPO subscribed?

The Refractory Shapes Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Refractory Shapes Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 May 2024. Refunds: on 13 May 2024.

When Refractory Shapes Ltd IPO will be listed?

The Refractory Shapes Ltd IPO listing date is 14 May 2024, Tuesday. Listed on: NSE SME. Issue price: ₹31. Estimated listing: ₹31. GMP: NIL.

When Refractory Shapes Ltd IPO close?

The Refractory Shapes Ltd IPO closes on 09 May 2024, Thursday. UPI mandate: 2024-05-09. Allotment: 10 May 2024. Listing: 14 May 2024.