Rajputana Industries Limited
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
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 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%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
05-Aug-24 | 38.00 | 45 | 83(118.42%) | 5-Aug-2024 16:02 |
04-Aug-24 | 38.00 | 55 | 93(144.74%) | 4-Aug-2024 23:31 |
03-Aug-24 | 38.00 | 50 | 88(131.58%) | 3-Aug-2024 23:32 |
02-Aug-24 | 38.00 | 45 | 83(118.42%) | 2-Aug-2024 23:25 |
01-Aug-24 | 38.00 | 45 | 83(118.42%) | 1-Aug-2024 23:29 |
31-Jul-24 | 38.00 | 50 | 88(131.58%) | 31-Jul-2024 23:26 |
30-Jul-24 | 38.00 | 49 | 87(128.95%) | 30-Jul-2024 23:30 |
29-Jul-24 | 38.00 | 43 | 81(113.16%) | 29-Jul-2024 23:32 |
28-Jul-24 | 38.00 | 43 | 81(113.16%) | 28-Jul-2024 23:28 |
27-Jul-24 | 38.00 | 43 | 81(113.16%) | 27-Jul-2024 23:26 |
26-Jul-24 | 38.00 | 40 | 78(105.26%) | 26-Jul-2024 23:25 |
25-Jul-24 | 38.00 | 40 | 78(105.26%) | 25-Jul-2024 23:27 |
24-Jul-24 | NA | 40 | 40(4000.00%) | 24-Jul-2024 23:27 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 3,000 | ₹1.14 Lakh (1,14,000) |
Retail(Max) | 1 | 3,000 | ₹1.14 Lakh (1,14,000) |
HNI(Min) | 2 | 6,000 | ₹2.28 Lakh (2,28,000) |
Investor Category | Shares Offered |
---|---|
Offered to QIB | 10.74 Lakh (10,74,000) |
Offered to NII | 9.00 Lakh (9,00,000) |
Offered to RII | 20.10 Lakh (20,10,000) |
Offered to Anchor Investor | 16.11 Lakh (16,11,000) |
Label | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
---|---|---|---|
Assets | 10,236.66 | 11,781.27 | 14,974.81 |
Revenue | 24,450.96 | 25,524.98 | 32,701.29 |
Profit After Tax | 263.77 | 309.67 | 512.64 |
Net Worth | 1,712.39 | 2,743.85 | 3,257.20 |
Reserves and Surplus | |||
Total Borrowing | 2,537.98 | 3,001.61 | 2,936.30 |
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 Limited
F-269-B,
Road No. 13,
VKIA, Jaipur - 302013
Phone: +91 9588841031
Email: [email protected]
Website: http://www.rajputanaindustries.com/
The company's promoters are M/s Shera Energy Limited, M/s Isha Infrapower Private Limited, Mrs. Shivani Sheikh, and Mr. Sheikh Naseem.