Refractory Shapes Ltd
Price Range
₹27 - ₹31
Min. Quantity
4,000
Closes on
9 May 2024
Min. investment
₹1,24,000/4,000 Shares
Refractory Shapes Ltd IPO Timeline
Refractory Shapes Ltd was originally formed as a Proprietorship Firm under the name of 'M/s. Refractory Shapes' in year 1973. On conversion of a Proprietary Firm into the Company, the Company, introduced various new products which included Special Shaped and Custommade Refractory shapes. 'M/s. Refractory Shapes' thereafter got converted into Private Limited Company under the name 'Refractory Shapes Private Limited' and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Bombay on January 08, 1996. Subsequently, the status of the Company changed to Public Limited and the name of Company was changed to 'Refractory Shapes Limited' on January 18, 2024. The fresh Certificate of Incorporation consequent to conversion was issued on February 02, 2024 by the Registrar of Companies, Mumbai
| Event | Date |
|---|---|
| Refractory Shapes Ltd IPO Opening Date | 6 May 2024 |
| Refractory Shapes Ltd IPO Closing Date | 9 May 2024 |
| Basis of Allotment | 10 May 2024 |
| Initiation of Refunds | 13 May 2024 |
| Credit of Shares to Demat | 13 May 2024 |
| Refractory Shapes Ltd IPO Listing Date | 14 May 2024 |
Refractory Shapes Ltd IPO Details
| Refractory Shapes Ltd IPO Date | 6 May 2024 to 9 May 2024 |
| Refractory Shapes Ltd IPO Face Value | ₹10 per share |
| Refractory Shapes Ltd IPO Price | ₹27 to ₹31 per share |
| Refractory Shapes Ltd IPO Lot Size | 4,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹18.6 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹18.6 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Dayashankar Krishna Sheety, Pratibha Dayashankar Sheety, Prajna Shravan Sheety |
Refractory Shapes Ltd IPO Lot Size
The Refractory Shapes Ltd IPO lot size is 4,000 shares. A retail-individual investor can apply for up to 1 lots (4,000 shares or ₹1,24,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4,000 | ₹1,24,000 |
| Maximum | 1 | 4,000 | ₹1,24,000 |
- Strengths
- Risks
- Opportunities
- ISO 9001:2015, 14001:2015 & 45001:2018 certified.
- ISO/IEC 17025:2017.
- Approved EIL vendor.
- Wide range of our products.
- Location Advantage.
- Well established relationship with clients.
- Leveraging the experience of its Promoters and Directors.
- Strong Marketing Practices.
Company Financials
Refractory Shapes Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 51.26 | 43.03 | 4.02 |
| 03-2023 | 48.71 | 38.72 | 1.81 |
| 03-2022 | 36.85 | 26.22 | 2.87 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure towards civil construction required for expansion of existing mfg unit at the existing location situated at
- Funding of capital expenditure towards purchase of plant and machinery for expanding existing mfg unit at the existing location situated at
- Repayment/prepayment of all or certain borrowings availed by the company
- Purchase of commercial vehilces
- General corporate purposes
Refractory Shapes Ltd IPO Promoter Holding
| Pre Issue Share Holding | 34% |
| Post Issue Share Holding | 24.64% |
Refractory Shapes Ltd IPO Subscription Status (Bidding Detail)
The Refractory Shapes Ltd IPO is subscribed 169.9307 times on 9 May 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 169.9307 |
Refractory Shapes Ltd IPO Prospectus
Refractory Shapes Ltd IPO Listing Date
| Listing Date | 14 May 2024 |
| BSE Script | 92838 |
| NSE Symbol | REFRACTORY |
| Listing In | NSE - SME |
| ISIN | INE0TNX01015 |
| IPO Price | ₹31 |
| Face Value | ₹10 |
Company Contact Information
B 201 Rustomjee Central ParkChakala A.Kurla Road Andheri E,Mumbai-400069
Phone: +91 98199 95930
Email: investors@refshape.com
Website: www.refshape.com
Refractory Shapes Ltd IPO Registrar
Refractory Shapes Ltd IPO Lead Manager(s)
- Shreni Shares Ltd
FAQ
What is the issue size of Refractory Shapes Ltd IPO?
I have pre-applied for Refractory Shapes Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.