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Refractory Shapes Ltd IPO

NSE SME Bookbuilding IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹31
Issue Price
₹31
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹31
GMP based
Lot Size
4,000
shares / lot
Min Amount
₹124,000
1 lot · 4,000 shares
Opens
06 May
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
06 May 2024
Mon Completed
Done
Close Date
09 May 2024
Thu Completed
Done
Allotment
10 May 2024
Fri Completed
Done
Refund
13 May 2024
Mon Completed
Done
Demat Credit
13 May 2024
Mon Completed
Done
Listing Date
14 May 2024
Tue Completed
UPI Deadline: 09 May 2024
Issue Details
Pricing & Size
Issue Price
₹31 Face ₹10
Lot Size
4,000 shares
Min Investment
₹124,000
Total Issue Size
60,00,000 shares (aggregating up to ₹18.60 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,04,000 (5.07%)
QIB Portion
28,44,000 (47.40%)
NII / HNI
8,56,000 (14.27%)
Retail
19,96,000 (33.27%)
Employee
-
Net Offer to Public
56,96,000 shares (aggregating up to ₹17.66 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,58,00,000 shares
Post-Issue Shareholding
2,18,00,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 4,000 ₹1,24,000
HNI / NII 2 8,000 ₹2,48,000
Objects of Issue
4 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; and
4
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Shreni Shares Ltd
Market Maker
Shreni Shares Ltd.
IPO Timeline
Open
06 May
✓ Done
Close
09 May
✓ Done
Allotment
10 May
✓ Done
Listing
14 May
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
investors@refshape.com
Phone
+91 9819995930
Address
B 201, Rustomjee Central Park Chakala, Andheri-Kurla Road, Andheri (East), Mumbai, Maharashtra, 400069
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹31
Est. Listing
₹31
Lot Size
4,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — 28,44,000 (47.40%) — —
NII / HNI (Total) — 8,56,000 (14.27%) — —
Retail Investors — 19,96,000 (33.27%) — —
Market Maker * 1× 3,04,000 (5.07%) 3,04,000 (5.07%) ₹9.42 Cr
Total ** — 60,00,000 (100.00%) — —
* Based on ₹31.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
28,44,000 (47.40%)
NII
8,56,000 (14.27%)
Retail
19,96,000 (33.27%)
Market Maker
3,04,000 (5.07%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in ₹ Lakhs
Metric31 Dec 202331 Mar 202331 Mar 2022
Revenue3684.823684.822621.67
PAT307.94191.74287.04
EBITDA———
Net Worth396.581668.641476.90
Total Assets5289.905003.813684.82
Reserves396.581658.641466.90
Borrowings2341.802048.631570.12
Key Financial Ratios
15.58
ROE
Return on Equity
9.79
ROCE
Return on Capital Employed
15.58
RONW
Return on Net Worth
10.47
PAT Margin
PAT / Revenue
1.18
D/E Ratio
Debt to Equity
4.95
P/BV
Price to Book Value
1.21
Pre EPS
EPS Pre-Issue
1.88
Post EPS
EPS Post-Issue
25.55
Pre P/E
P/E Pre-Issue
16.46
Post P/E
P/E Post-Issue
About Refractory Shapes Ltd

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.

Frequently Asked Questions
What is the issue price of Refractory Shapes Ltd IPO?
The issue price of Refractory Shapes Ltd IPO is ₹31 per share, face value ₹10.
What is the lot size?
Minimum lot size is 4,000 shares, requiring ₹124,000.
What are the IPO dates?
Opens 06 May 2024, closes 09 May 2024.
When is the listing date?
Tentative listing: 14 May 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹31 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Refractory Shapes Ltd IPO · Expected 10 May 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
10 May 2024
Refund Initiation
13 May 2024
Demat Credit
13 May 2024
Listing Date
14 May 2024
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹31
Face ₹10
Lot Size
4,000
shares / lot
Min Amount
₹124,000
1 lot
Est. Listing
₹31
GMP +₹0
Key Dates
Open
06 May Done
Close
09 May Done
Listing
14 May Done
Registrar
Bigshare Services Pvt.Ltd
A
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