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Refractory Forms IPO Date, Review, Price, Allotment Details

Refractory Shapes Limited has been developing and supplying products to refineries and steel industries since its inception in 1973. In the years 2007 and 2011 their company had first become an approved supplier to Engineer India Limited (“The EIL”) and also got hired to EIL for “High Alumina Refractory Bricks”, their company is the Original Equipment Manufacturer in many projects carried out by EIL, which has increased their company’s chances in many green field projects. This EIL appointment is revalidated every 3 years.

The company’s tailor-made products find application in a wide range of industries, including steel, refineries, fertilizers, petrochemicals, glass, cement, etc. The company’s refractory materials are designed to withstand the harsh conditions of these industries , which contributes to improved operational performance. efficiency and longer equipment life. The custom finished products offer diversity in the products manufactured by their company, with modern production equipment installed to scale up production.

In addition to the manufacturing activities performed by the Company, Refractory Shapes is often involved in receiving orders for items from customers who are not part of the Company’s manufacturing operations. These items include metal anchors used as support for installing refractory castings that require raw materials such as tabular alumina, low alumina insulating bricks, etc. For such orders, their company procures these items from their approved suppliers and sells them to the customers, therefore their company is also involved in trading the above-mentioned products.

Objects of the issue:

  • Financing civil construction capital expenditure required for expanding and setting up a new manufacturing unit at the existing site at Wankaner, Gujarat.
  • Financing capital expenditure for purchase of plant and machinery for expanding and setting up a new manufacturing unit at the existing site at Wankaner, Gujarat.
  • Purchase company car.
  • General business purposes.

Refractory Forms IPO Review

Refractory shapes IPO date and price band details

IPO opened: May 6, 2024
Close IPO: May 9, 2024
IPO size: About ₹18.60 Crores, 6,000,000 shares
Nominal value: ₹10 Per share of stock
IPO price range: ₹27 to ₹31 Per share of stock
IPO listing on: NSE SME
Retail quota: 35% of the net supply
QIB quota: 50% of the net supply
NII quota: 15% of the net supply
DRHP draft prospectus: click here
RHP draft prospectus: click here
Anchor investors in IPO: click here

Refractory shapes IPO market party

The minimum market allotment for Refractory Shapes IPO is 4,000 shares with an application amount of ₹124,000.

Application Lot size Shares Quantity
Retail minimal 1 4000 ₹124,000
Retail Maximum 1 4000 ₹124,000
S-HNI minimum 2 8000 ₹248,000

Refractory forms IPO dates

Refractory Shapes’ IPO date is May 6 and the IPO closing date is May 9. The IPO allotment date is May 10 and the IPO can list on May 14.

IPO opening date: May 6, 2024
IPO closing date: May 9, 2024
Basis of assignment: May 10, 2024
Refunds: May 13, 2024
Credit to Demat account: May 13, 2024
IPO listing date: May 14, 2024

You can check the IPO subscription status and IPO allotment status on their respective pages.

Refractory forms IPO form

How to apply refractory forms IPO? You can apply for an IPO of Refractory Shapes through ASBA, available in your bank account. Simply go to the online banking login and apply through your bank account by selecting Refractory Shapes IPO from the Investing section. The other option can be requested from Refractory Shapes IPO by downloading IPO forms from the NSE website. View the Refractory Shapes forms – click on Download, complete and submit NSE IPO Forms to your bank or broker.

Refractory Forms Company Financial Report

€ in Crores
Year Gain Cost PAT
2021 ₹21.80 ₹19.68 ₹1.56
2022 ₹26.22 €22.84 ₹2.87
2023 €38.72 €36.23 ₹1.92
September 2023 ₹19.57 ₹16.44 ₹2.32

IPO Valuation of Refractory Forms – FY 2023

View the details of Refractory Shapes’ IPO valuations, such as earnings per share (EPS), price-to-earnings ratio, return on net worth (RoNW) and net asset value (NAV).

Earnings per share (EPS): ₹1.21 per share of stock
Price/earnings ratio: (.)
Return on Net Worth (RoNW): 11.49%
Net asset value (NAV): ₹10.56 per share of stock

Age group

  • SP Refractories Limited
  • IFGL Refractories Limited
  • Mr. Dayashankar Krishna Shetty
  • Mrs. Pratibha Dayashankar Shetty
  • Mrs. Prajna Shravan Shetty

Refractory Forms IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: (email protected)
Website: http://www.bigshareonline.com

Refractory Forms IPO Allocation Status

Check the allocation status of Refractory Shapes IPO on Bigshare website URL. click here

Refractory forms of IPO Lead Managers or Merchant Bankers

Company Address

Refractory shapes limited
B 201, Rustomjee Central Park Chakala,
Andheri-Kurla Road, Andheri (East),
Mumbai – 400069
Telephone: +91 9819995930
E-mail: (email protected)
Website: https://www.refshape.com/

Frequently Asked Questions on IPO of Refractories

What is an IPO of refractory forms?

Refractory Shapes IPO is an NSE SME IPO. They are going increase ₹18.60 Crores through IPO. The problem is priced at ₹27 to ₹31 per treasury share. The IPO will be listed on NSE.

When will the Refractory Shapes IPO start?

The IPO starts May 6, 2024 for QIB, NII and private investors.

What is the Refractory Shapes IPO Investors section?

The investor part for QIB is 50%, NII is 15%And Retail is 35%.

How to apply the IPO of refractory molds?

You can apply for Refractory Shapes IPO through ASBA online through your bank account. You can also apply for ASBA online through UPI through your stock brokers. You can also apply through your stock brokers by filling the offline form.

How do I apply the refractory forms IPO via Zerodha?

Log in to Console on the Zerodha website or application. Go to Portfolio and click on IPO. You will see the IPO name “Naman In-Store (India)”. Click on the bid button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI App on Net Banking or BHIM App to approve the authorization. Open a Demat account with Zerodha.

How do I apply the refractory forms IPO via Upstox?

Log in to the Upstox application with your login details. Select the IPO. You will see the IPO name “Naman In-Store (India)”. Click on the bid button. Confirm your request. Now go to your UPI App on Net Banking or BHIM App to approve the authorization. Open a Demat account with Upstox.

How to Apply Refractory IPO through Paytm Money?

Log in to Paytm Money Application with your login details. Select the IPO. You will see the IPO name “Naman In-Store (India)”. Click on the bid button. Confirm your request. Now go to your UPI App on Net Banking or BHIM App to approve the authorization. Open a Demat account with Paytm Money.

What is the IPO size of refractory shapes?

Refractory shapes IPO size is ₹18.60 crores.

What is the IPO price band of refractory shapes?

Refractory shapes IPO price band is ₹27 to ₹31 per treasury share.

What is the minimum and maximum lot size of refractory forms IPO?

The IPO offer is 4000 shares of ₹124,000.

What is the IPO allocation date of Refractory Forms?

The allotment date for Refractory Shapes’ IPO is May 10, 2024.

What is Refractory Shapes’ IPO listing date?

The IPO date of Refractory Shapes is May 14, 2024. The IPO for a listing on NSE SME.

Note: Refractory Shapes IPO details have been officially announced. The IPO gray market premium (Refractory Shapes IPO Premium) is updated on the relevant page. You can check our IPO gray market page for daily updates.