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Refractory Shapes IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Ceramic And Stone sector. Shreni Shares is the merchant banker of Refractory Shapes IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th February 2024.
Refractory Shapes IPO open date is 6th May 2024 and close date is 9th May 2024. IPO Allotment Date is 10th May 2024 and Listing date is 14th May 2024.Refractory Shapes IPO size is Rs 18.60 Cr. crores with IPO price of Rs 31.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Refractory Shapes IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Limited for Refractory Shapes IPO.
Refractory Shapes IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Next Orbit Ventures | 852,000.00 | ₹31.00 | ₹26,412,000.00 |
| Craft Emerging Market | 848,000.00 | ₹31.00 | ₹26,288,000.00 |
Refractory Shapes IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Refractory Shapes IPO, based in Mumbai, operates in the Ceramic And Stone sector with a focus on manufacturing of bricks and ceramic balls. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Refractory Shapes IPO size is ₹ 18.60 Cr. Crores with fresh issue size of Rs 18.60 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Refractory Shapes IPO is expected to be 10th May 2024, after the finalization of basis of allotment. Investors can check Refractory Shapes IPO allotment status on the registrars website, Bigshare Services Private Limited. Refractory Shapes IPO refund dates are 13th May 2024.
Refractory Shapes IPO is expected to be listed on 14th May 2024.
The upper price band for the Refractory Shapes IPO is set at ₹ 31.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Refractory Shapes IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Refractory Shapes IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th May 2024. After submission, funds are blocked until the basis of allotment of Refractory Shapes IPO is finalised.
The merchant banker for Refractory Shapes IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Refractory Shapes IPO RHP for further details.
The registrar for Refractory Shapes IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Refractory Shapes IPO through their official website or helpline.
Refractory Shapes IPO was subscribed 255.08 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 18.60 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.54 Cr.
Sector: Ceramic And Stone
SME IPO so far:
1
Merchant Banker:
Shreni Shares
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 39.23 cr.
PE
Ratio:
16.46x
Average Sector PE Ratio: 14.58x
Refractory Shapes IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Refractory Shapes Financial Review Page
Merchant Banker(s) of Refractory Shapes IPO: Shreni Shares Limited
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 63.35.
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