Refractory Shapes
Refractory Shapes Info
Details about the Refractory Shapes IPO. Opening Date of Refractory Shapes is 06 May 24 and Closing Date is 09 May 24 . Face Value of Each share of Refractory Shapes is ₹10 per share. Price band of Refractory Shapes is ₹27 to ₹31. The Lot size of Refractory Shapes is 4,000 shares. Total issue size of Refractory Shapes IPO is ₹18.6 cr. Fresh Issue of Refractory Shapes IPO is 18.6 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Refractory Shapes is 15,800,000. Share Holding Post Issue of Refractory Shapes is 21,800,000.
Business Summary
Refractory Shapes is 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 is often involved in receiving orders for those items from clients which are not a part of Company’s operations in manufacturing activities. These items include Metallic Anchors which are used as support for installing refractory castables for which Raw Materials such as tabular alumina, low alumina bricks and insulation bricks, etc are required, For such orders, company procures these items from their approved vendors and sells to the clients, hence, Company is also involved in trading of the aforesaid products.
Refractory Shapes IPO Details
| Open Date | 06 May 24 |
|---|---|
| Close Date | 09 May 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹27 - ₹31 |
| Lot Size | 4,000 Shares |
| Total issue Size | 6,000,000 Shares ₹18.6 cr |
| Fresh Issue | 6,000,000 Shares ₹18.6 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 15,800,000 |
| Share Holding Post Issue | 21,800,000 |
| Market Maker | Shreni Shares |
| Market Maker Portion | 304,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Refractory Shapes IPO Timeline
The Refractory Shapes Initial Public Offering (IPO) is set to open on 06 May 24 and will end its subscription phase on 09 May 24. You can check your allotment status for Refractory Shapes on 10 May 24. The refund process for your funds will start promptly on 13 May 24. Refractory Shapes IPO credit of shares will be on 13 May 24. The listing date for Refractory Shapes is on 14 May 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Refractory Shapes IPO Reservation
The Refractory Shapes IPO reserves shares for different investor categories. Approximately Not More than 50% of the Net Issue will be available for QIB, Not less than 15% Of the Net issue will be available for NII, Not less than 35% Of the Net Issue will be available for Retail,
304,000 Shares will be reserved for subscription by Shreni Shares
| Investor Category | Shares Offered |
|---|---|
| QIB | Not More than 50% of the Net Issue |
| NII | Not less than 15% Of the Net issue |
| Retail | Not less than 35% Of the Net Issue |
Refractory Shapes IPO Lot Size
Bids can be made for minimum of 4000 shares and in multiple of 4000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | 124,000 |
| Retail (Max) | 1 | 4,000 | 124,000 |
| HNI (Min) | 2 | 8,000 | 248,000 |
Refractory Shapes IPO Promoters Holding
Promoters holding details for Refractory Shapes in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to -%.
Promoters of Refractory Shapes are Mr. Dayashankar Krishna Shetty, Ms. Pratibha Dayashankar Shetty, Ms. Prajna Shravan Shetty,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | -% |
Refractory Shapes Financial Information
Financial performance details for Refractory Shapes over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 5,380.12 | 5,003.81 | 3,684.82 | 2,723.72 |
| Revenue | 1,957.38 | 3,872.23 | 2,621.67 | 2,179.67 |
| Profit After Tax | 232.21 | 191.74 | 287.04 | 156.39 |
Refractory Shapes IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Refractory Shapes are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 25.55 |
| ROE | 12.22% |
| RoNW | 12.22% |
| EPS (Rs) | 1.21 |
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 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
Contact Details for Refractory Shapes
Phone
Office
B 201, Rustomjee Central Park Chakala, Andheri-Kurla Road, Andheri (East), Mumbai - 400069
Registrar Details for Refractory Shapes
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Shreni Shares Limited