247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Refractory Shapes Limited IPO (Refractory Shapes IPO) Details

Refractory Shapes Limited is an Ceramic And Stone based company, located in Mumbai, Refractory Shapes Limited IPO size was 18.60 Cr. and was issued at 31.00 per share. The share of Refractory Shapes Limited were listed at 78.75 per share and are currently trading at 79.30 per share.

Type :
Sub Sector : Manufacturing Of Bricks And Ceramic Balls
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
39.98 Cr.

PAT :
4.09 Cr.

Pricing Report

Issue Price :
31.00

Listing Price :
78.75

Current Market Price :
79.30

Issue Price vs CMP :
48.3 (155.81%)

listing Price vs CMP :
0.55 (0.70%)

Performance Report (CAGR* wise)

CAGR : 289.78
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Refractory Shapes

Company Information
Refractory Shapes Limited , established in 1973, began by developing and supplying products to the Refineries and Steel Industries. In 2007 and 2011, it became an approved vendor with Engineer India Limited (EIL) and was enlisted for producing "High Alumina Refractory Bricks." The company is the Original Equipment Manufacturer (OEM) in several projects executed by EIL, which expanded its opportunities in greenfield projects, with the EIL enlistment being re-validated every three years. The company's tailored products are used across a variety of industries such as Steel, Refineries, Fertilizers, Petrochemicals, Glass, and Cement. These refractories are engineered to withstand the harsh conditions of these industries, improving operational efficiency and extending equipment life. The company utilizes modern manufacturing equipment to scale production and diversify its product offerings.
Object of 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 and
  • General Corporate Purposes

Refractory Shapes SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
May, 2024
IPO Size :
18.60 Cr.
IPO Subscription :
255.08 X     
PE Multiple :
16.46
Merchant Banker :
Shreni Shares Limited
IPO Registrar:
Bigshare Services Private Limited

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FAQs

Refractory Shapes operates in Ceramic And Stone and Manufacturing Of Bricks And Ceramic Balls. The Issue is listed on NSE EMERGE in May, 2024. Refractory Shapes IPO size was 18.60 Cr. with Issue price of 31.00 .

Refractory Shapes IPO subscription was 255.08 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Refractory Shapes IPO listed at a listing price of 78.75 against the offer price of 31.00.

The current market price of Refractory Shapes is 79.30.

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