Open Date
Listing Date
Close Date
Allotment Date
15 May 24
10 May 24
09 May 24
06 May 24
Lot Size
4000 shares
IPO Size
₹ 18.60 Cr
Price Range
₹ 27 to ₹ 31
Min. Investment
₹ 1,08,000
1. The company has two decades of experience in making different types of bricks and castables. 2. The company is enlisted by Engineer India Limited (EIL) as an Approved Vendor. 3. It has a PAN India presence. 4. The company has strong customer relationships.
1. The majority of the revenues are generated from Maharashtra and Gujarat. 2. Overcapacity and Oversupply in the Global Refractory Industry can impact profitability. 3. It operates in a highly competitive industry. 4. It has reported negative cash flows in the past. 5. High working capital requirements.
To apply for Refractory Shapes IPO, follow the steps given below • Login to your 5paisa account and select the issue in the current IPO section • Enter the number of lots and the price at which you wish to apply for the Refractory Shapes IPO. • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange. You will receive a mandate notification to block funds in your UPI app.
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