IPO Trending
REFRACTORYSME / NSEListed
Refractory Shapes

Founded in 1996, Refractory Shapes Limited is a leading manufacturer of high-quality refractory products, including bricks, castables, high alumina catalysts, and ceramic balls. The company operates two strategically located manufacturing facilities—one in Pimpri Industrial Area, Pune, Maharashtra, covering 34,788 sq. ft, and another in Wankaner, Morbi district, Gujarat, spanning 1,74,246 sq. ft. Additionally, it owns 4 acres of land near the Wankaner unit for future expansion. Committed to excellence, the company specializes in producing pre-cast and pre-fired blocks, burner blocks, shaped bricks, castables, mortars, and more, serving a wide range of industrial needs. With a dedicated team of 38 professionals (as of September 30, 2023), Refractory Shapes Limited ensures top-quality products and outstanding service for its customers.

₹27 - ₹31247.83x sub
Listed Price₹75.00
Listing Gain+141.94%

IPO Schedule & Timeline

Book Built Issue IPO
Open06 May 2024
Close09 May 2024
Allotment10 May 2024
Listing14 May 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail19,96,000 shares
33.27%
Nii (hni)8,56,000 shares
14.27%
QIB11,44,000 shares
19.07%
Anchor17,00,000 shares
28.33%
Market Maker3,04,000 shares
5.07%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,24,000
HNI2 Lots (8,000 shares)
₹2,48,000

Company Promoters

Mr. Dayashankar Krishna ShettyMs. Pratibha Dayashankar ShettyMs. Prajna Shravan Shetty.

Company Background

Founded in 1996, Refractory Shapes Limited is a leading manufacturer of high-quality refractory products, including bricks, castables, high alumina catalysts, and ceramic balls. The company operates two strategically located manufacturing facilities—one in Pimpri Industrial Area, Pune, Maharashtra, covering 34,788 sq. ft, and another in Wankaner, Morbi distr...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹2999.04 Cr
Growth+37.6%
Revenue Trend (₹ in Crores)
0.01.5k3.0k4.5kMar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-232,999.04307.945,289.902341.80
Mar-233,872.23191.745,003.812,048.63
Mar-222,621.67287.043,684.821,570.12
Mar-212,179.67156.392,723.721,234.18

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-230.9715.58%9.79%4.9525.55
Mar-231.2112.19%8.04%00
Mar-221.8221.53%11.38%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
10 May 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
14 May 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Refractory Shapes. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 May 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date14 May 2024Trading commences on exchange

How to Check Refractory Shapes Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Refractory Shapes from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Refractory Shapes IPO

Complete issue overview for Refractory Shapes (REFRACTORY) IPO. The issue features an equity share price band of ₹27 – ₹31 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,24,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions