IPO

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 RHP


The IPO of Refractory Shapes Limited is priced at ₹27-31 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Refractory Shapes Limited IPO bid opening date is from May 6, 2024 and the bid closing date was May 9, 2024.
Refractory Shapes Limited IPO allotment result will be available on May 10, 2024. The tentative listing date for Refractory Shapes Limited is May 14, 2024.

The total issue size is 6,000,000 shares(aggregating up to ₹18.60 Cr).

Read More

Refractory Shapes Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,144,000 / 856,0001,996,0003,996,000
Day 1 - 06-05-24 06:00 PM0.01 / 2.66 x8.21 x4.68 x
Day 2 - 07-05-24 06:00 PM0.05 / 19.42 x29.54 x18.93 x
Day 3 - 08-05-24 06:00 PM0.07 / 35.60 x61.30 x38.27 x
Day 4 - 09-05-24 06:00 PM90.59 / 462.93 x245.71 x247.83 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

ROE

15.58%

ROCE

9.79%

Debt/Equity

1.18

RoNW

15.58%

PAT Margin

10.47%

Price to Book Value

4.95

Refractory Shapes Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets5,003.813,684.822,723.72
Revenue3,872.232,621.672,179.67
Profit After Tax191.74287.04156.39
Net Worth1,668.641,476.901,189.86
Reserves & Surplus1,658.641,466.901,179.86
Total Borrowing2,048.631,570.121,234.18

About The Company

Refractory Shapes Limited was founded in 1996. It produces all types of Bricks, Castables, high alumina catalysts, and Ceramic Balls.

PCPF, Burner blocks, specially shaped refractory bricks, dense and insulating castables, and mortars form the company product list. In addition to this, the company also receives orders for metallic anchors, which are used as supports for the installation of refractory castings for which raw materials like tabular alumina, low alumina bricks, and insulating bricks, etc. are required.

The manufacturing facilities of the Company are situated at Pimpri Industrial Area, Pune, Maharashtra, with an area of 34,788 sq. ft, and at Wankaner, Morbi district in Gujarat, with an area of 1,74,246 sq. ft. Moreover, the company also has land additional to it in the 4 acres holding area totaling 1,74,240 sq. ft. from the existing unit at Wankaner, Gujarat to expand the production unit, to install an additional kiln and to manufacture more different varieties of refractory bricks on pressing machines.

As of September 30, 2023, the company had 38 employees.

Read More

Refractory Shapes Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 72.48%

Company Promoter(s)
  1. Mr. Dayashankar Krishna Shetty
  2. Ms. Pratibha Dayashankar Shetty
  3. Ms. Prajna Shravan Shetty.

Refractory Shapes Limited IPO - Issue Objectives

  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
  4. 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.