Refractory Shapes Limited

Company Profile
Company Name Refractory Shapes Limited
Open Date 06-05-2024
Close Date 09-05-2024
Exchange NSE SME
Lot Size 4000 Shares
Issue Price ₹27 to ₹31 per share
Issue Size 60,00,000 shares
Application Amount ₹1,24,000
Recommendation Apply
Formed in 1973, Refractory Shapes Limited has its registered office in Mumbai, Maharashtra, India. The company is primarily engaged in the manufacturing of different types of Bricks, Castables, High Alumina Catalysts and Ceramic Balls which include Pre Cast & Pre Fired Blocks (“PCPF”), Burner Blocks, Special shaped Refractory bricks, Dense & Insulating Castables & Mortars.The company also engages in trading goods, such as metallic anchors that provide support during the installation of refractory castables. As of December 31, 2023, the company had a total of 38employees on its payrol
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 2,723.72 3,684.82 5,003.81 5,289.90
Net Assets 1,189.86 1,476.90 1,668.64 1,976.58
Total Borrowings 1,234.18 1,570.12 2,048.63 2,341.80
Total Revenue 2,179.67 2,621.67 3,872.23 2,999.04
Profit After Tax 156.38 287.05 191.73 307.95

Tentative Timeline

Opening Date 06-05-2024
Closing Date 09-05-2024
Basis of Allotment 10-05-2024
Initiation of Refunds 13-05-2024
Credit of Shares to Demat 13-05-2024
Listing Date 14-05-2024

Objects of the Issue

Funding of Capital expenditure towards civil construction required for Expanding and setting up a new manufacturing unit
Funding of Capital expenditure towards the purchase of Plant and machinery for Expanding and setting up a new manufacturing unit at the existing location.
Purchase of commercial vehicle.
General corporate purposes.

Contact Information

Registered Office Refractory Shapes Limited B 201, Rustomjee Central Park Chakala, Andheri-Kurla Road, Andheri (East), Mumbai - 400069
Phone +91 9819995930

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 72.48%

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