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Rajputana Industries Limited IPO (Rajputana Industries IPO) Details

Rajputana Industries Limited

Rajputana Industries IPO's overview

Rajputana Industries IPO is a book built issue of ₹23.88 Cr (23,88,30,000). The issue includes a fresh issue of 62.85 Lakh (62,85,000) shares aggregating to ₹23.88 Cr (23,88,30,000).

Rajputana Industries IPO bidding started from Jul 30, 2024 and ended on Aug 01, 2024. The allotment for Rajputana Industries IPO was finalized on Aug 02, 2024. The shares got listed on NSE on Aug 06, 2024.

Rajputana Industries IPO price band is set at ₹36 to ₹38 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹1.08 Lakh (1,08,000).

Refer to Rajputana Industries IPO RHP for detailed information.

  • IPO date

    Jul 30,2024 - Aug 01,2024

  • Listing Date

    Aug 06,2024

  • Face value

    10

  • Price Band

    36 to ₹38 per share

  • Lot

    3000 Shares

  • Total Issue Size

    62.85 Lakh (62,85,000)

    aggregating up to 23.88 Cr (23,88,30,000)

  • Fresh Issue

    62.85 Lakh (62,85,000)

    aggregating up to ₹23.88 Cr (23,88,30,000)

  • Issue Type

    Book Building

  • IPO Type

    SME
  • Listing At

    NSE

  • Tue, Jul 30, 2024

    IPO Open

  • Thu, Aug 01, 2024

    IPO Close

  • Fri, Aug 02, 2024

    Basis of Allotment

  • Mon, Aug 05, 2024

    Initiation of Refunds

  • Mon, Aug 05, 2024

    Credit of Shares to Demat

  • Tue, Aug 06, 2024

    Listing

Rajputana Industries IPO Day-wise IPO GMP Trend

Rajputana Industries IPO last GMP is ₹45, last updated Aug 05,2024. With the price band of 38.00, Rajputana Industries IPO's estimated listing price is ₹83 (cap price + today's GMP).The expected percentage gain/loss per share is 118.42%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
05-Aug-2438.0045
83(118.42%)5-Aug-2024 16:02
04-Aug-2438.0055
93(144.74%)4-Aug-2024 23:31
03-Aug-2438.0050
88(131.58%)3-Aug-2024 23:32
02-Aug-2438.0045
83(118.42%)2-Aug-2024 23:25
01-Aug-2438.0045
83(118.42%)1-Aug-2024 23:29
31-Jul-2438.0050
88(131.58%)31-Jul-2024 23:26
30-Jul-2438.0049
87(128.95%)30-Jul-2024 23:30
29-Jul-2438.0043
81(113.16%)29-Jul-2024 23:32
28-Jul-2438.0043
81(113.16%)28-Jul-2024 23:28
27-Jul-2438.0043
81(113.16%)27-Jul-2024 23:26
26-Jul-2438.0040
78(105.26%)26-Jul-2024 23:25
25-Jul-2438.0040
78(105.26%)25-Jul-2024 23:27
24-Jul-24NA40
40(4000.00%)24-Jul-2024 23:27

Rajputana Industries IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

13,0001.14 Lakh (1,14,000)

Retail(Max)

13,0001.14 Lakh (1,14,000)

HNI(Min)

26,0002.28 Lakh (2,28,000)

Rajputana Industries IPO Reservation

Investor CategoryShares Offered
Offered to QIB10.74 Lakh (10,74,000)
Offered to NII9.00 Lakh (9,00,000)
Offered to RII20.10 Lakh (20,10,000)
Offered to Anchor Investor16.11 Lakh (16,11,000)

Rajputana Industries IPO Financial Information (Restated Consolidated)

LabelMar 31, 2022Mar 31, 2023Mar 31, 2024
Assets10,236.6611,781.2714,974.81
Revenue24,450.9625,524.9832,701.29
Profit After Tax263.77 309.67 512.64
Net Worth1,712.392,743.85 3,257.20
Reserves and Surplus
Total Borrowing2,537.983,001.612,936.30

About Rajputana Industries Limited

Rajputana Industries Limited was established in 2011 and manufactures a wide range of non-ferrous metal products in copper, aluminum, brass, and various alloys from recycled scrap metal.

The company manufactures billets of metals such as aluminium, copper or brass, etc. from scrap metal procured from open markets. The scrap metal is processed into billets through recycling at the company's own manufacturing facility in Sikar, Rajasthan. The company sells these billets to various manufacturing companies or uses them to manufacture products such as copper rods, aluminum rods, copper mother tubes, brass wires, super-enameled copper conductors, and many other products. These wires, tubes, rods, billets, and bars are manufactured in various shapes and sizes as per the requirements of the customers and/or the demand in the market.

In order to expand its product portfolio, the company is entering into the production of cables, which are primarily used in the construction industry, especially in residential construction, and as underwater cables for motors. The planned cable plant is to be installed in the company's existing production facility by utilizing the excess space of the production plant.

As of July 10, 2024, the company had 98 full-time employees, including employees in the areas of accounting and finance, compliance, maintenance, marketing and logistics, production and operations, quality, executives and permanent employees.

Rajputana Industries IPO's documents

Rajputana Industries Limited Contact Details

Rajputana Industries Limited
F-269-B,
Road No. 13,
VKIA, Jaipur - 302013
Phone: +91 9588841031
Email: [email protected]
Websitehttp://www.rajputanaindustries.com/

Rajputana Industries IPO's Promoters

The company's promoters are M/s Shera Energy Limited, M/s Isha Infrapower Private Limited, Mrs. Shivani Sheikh, and Mr. Sheikh Naseem.