Refractory Shapes Limited IPO

NSE SME

Listed On: May 14, 2024 at ₹ 75.0

₹ 124000 /4000 Shares

Check Allotment

Refractory Shapes Limited IPO Details

06 May, 2024

Open Date

09 May, 2024

Close Date

10 May, 2024

Allotment Date

14 May, 2024

Listing Date

Issue Price

₹27-31 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

75.0

Listing Date

2024-05-14

Market Lot

4000 Shares (₹124,000/-)

Lead Manager

Shreni Shares Limited

Issue Size

6,000,000 shares(aggregating up to ₹18.60 Cr)

Retail Portion

N/A

Subscription

247.83 times

IPO Docs

DRHP

Refractory Shapes Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,144,000 / 856,000	1,996,000	3,996,000
Day 1 - 06-05-24 06:00 PM	0.01 / 2.66 x	8.21 x	4.68 x
Day 2 - 07-05-24 06:00 PM	0.05 / 19.42 x	29.54 x	18.93 x
Day 3 - 08-05-24 06:00 PM	0.07 / 35.60 x	61.30 x	38.27 x
Day 4 - 09-05-24 06:00 PM	90.59 / 462.93 x	245.71 x	247.83 x

Total No. of Applications: 1,22,608 (Approx)

Refractory Shapes Limited Valuations

EPS Pre IPO

₹1.21/-

EPS Post IPO

₹2.13/-

P/E Pre IPO

25.55

P/E Post IPO

14.55

RoNW

12.22%

Refractory Shapes Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	5,003.81	3,684.82	2,723.72
Revenue	3,872.23	2,621.67	2,179.67
Profit After Tax	191.74	287.04	156.39

About The Company

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.

Refractory Shapes Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Dayashankar Krishna Shetty
Ms. Pratibha Dayashankar Shetty
Ms. Prajna Shravan Shetty.

Refractory Shapes Limited IPO - Issue Objectives

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 the purchase of Plant and machinery for Expanding and setting up a new manufacturing unit at the existing location situated at Wankaner, Gujarat
Purchase of commercial vehicle
General corporate purposes.

Other Details

Company Contact Details

Refractory Shapes Limited

B 201, Rustomjee Central Park Chakala,, Andheri-Kurla Road, Andheri (East), Mumbai - 400069

Phone: +91 9819995930

Email: investors@refshape.com

Website: https://www.refshape.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Refractory Shapes Limited IPO - FAQs

Ans. Refractory Shapes Limited IPO is a SME IPO. The issue is priced at ₹27-31 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on May 6, 2024, and closes on May 9, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Refractory Shapes Limited IPO opens on May 6, 2024 and closes on May 9, 2024.

Ans. The size of Refractory Shapes Limited IPO is 6,000,000 shares(aggregating up to ₹18.60 Cr).

Ans. The IPO price band is set between ₹27-31 per equity share.

Ans. To apply for Refractory Shapes Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Refractory Shapes Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Refractory Shapes Limited IPO is May 10, 2024.

Ans. The Refractory Shapes Limited IPO will be listed on May 14, 2024.

Ans. Follow the steps to check the allotment status for Refractory Shapes Limited IPO here.