Jajoo Rashmi Refractories IPO Date, Review, Price, Allotment Details

Jajoo Rashmi Refractories IPO open date is 2025 and the IPO will close on 2025. Jajoo Rashmi Refractories IPO is a Bookbuilding Issue. The company to raise around [.] crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Jajoo Rashmi Refractories IPO price band is [.] to [.] per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Jajoo Rashmi Refractories IPO to list on BSE, NSE on 2025. The allotment of Jajoo Rashmi Refractories IPO date is 2025.

The company reported revenue of ₹338.58 crores in 2024 against ₹309.29 crores in 2023. The company reported profit of ₹24.19 crores in 2024 against profit of ₹22.98 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Table of Contents

Jajoo Rashmi Refractories IPO Details

IPO Open Date2025
IPO Close Date2025
Face Value₹10 Per Equity Share
IPO Price Band₹[.] to ₹[.] Per Share
Issue SizeApprox ₹[.] Crores
Fresh IssueApprox ₹[.] Crores
Offer for Sale:Approx [.] Equity Shares
Issue TypeBookbuilding Issue
IPO ListingBSE, NSE
DRHP Draft ProspectusPDF
RHP Draft ProspectusPDF

Jajoo Rashmi Refractories IPO Review & Key Points

  • Review:

Jajoo Rashmi Refractories IPO Market Lot

The Jajoo Rashmi Refractories IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum₹-
Retail Maximum₹-
S-HNI Minimum₹-
S-HNI Maximum₹-
B-HNI Minimum₹-

IPO Reservation

Investor CategoryShare Offered-% Shares
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares50%
NII Shares Offered– Shares15%
Retail Shares Offered– Shares35%

Jajoo Rashmi Refractories IPO Anchor Investors

Anchor Bidding Date2025
Anchor Investors ListPDF
Shares Offered[.] Shares
Anchor Size[.] Cr.
lock-in period end date 50% shares (30 Days) 2025
lock-in period end date 50% shares (90 Days) 2025

Jajoo Rashmi Refractories IPO Dates

The Jajoo Rashmi Refractories IPO date is 2025 and the close date is 2025. The Jajoo Rashmi Refractories IPO allotment will be finalized on 2025 and the IPO listing on 2025.

IPO Open Date:2025
IPO Close Date:2025
Basis of Allotment:2025
Refunds:2025
Credit to Demat Account:2025
IPO Listing Date:2025
IPO Bidding Cut-off Time:2025 – 5 PM

Promoters and Holding Pattern

The promoters of the company are Sunil Jaju, Saurabh Jaju, Komal Jaju, Sunil Jaju Karta HUF and Himalaya commedeal.

ParticularShares% Share
Promoter Holding Pre Issue3,03,28,79998.74%
Promoter Holding Post Issue-%

Objects of the Issue & Utilisation of proceeds

PurposeCrores
Part finance the cost of establishing new manufacturing facilities to expand the production capabilities of ferro alloys at Plot Nos. D-4 and D-5, and I-2(P) and I-3, Phase-IV, Village Gorabali, Bokaro Industrial Area, Balidih, Bokaro – 827 014, Jharkhand, India (“Proposed Bokaro Project”)
Funding working capital requirements of the Company
General Corporate Purposes

About Jajoo Rashmi Refractories IPO

Jajoo Rashmi Refractories was founded in 1995 and started a business of manufacturing and exporting various grades of ferro alloys, which are essential raw materials used in steel production. 

The company makes ferro alloys such as ferro silicon, ferro manganese, and silico manganese, which improve steel’s strength, hardness, and corrosion resistance. It also produces refractory products like silica ramming mass and casting powders.   

Moreover, the company has unique strengths like Long-standing relationships with Indian and global customers, a strong record of improving manufacturing capacity, and maintaining steady financial and operational performance.

Jajoo Rashmi Refractories IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
2022₹235.4₹224.68₹8.79₹65.19
2023₹309.29₹281.20₹22.98₹86.61
2024₹338.58₹308.25₹24.19₹129.93
June 2024₹118.82₹110.26₹6.34₹142

Jajoo Rashmi Refractories IPO Valuation – FY2024

Check Jajoo Rashmi IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:31.42%
ROCE:28.55%
EBITDA Margin:9.81%
PAT Margin:7.27%
Debt to equity ratio: 0.43
Earning Per Share (EPS):₹8.11 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):31.42%
Net Asset Value (NAV):₹25.80

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Raghav Productivity Enhancers Ltd5.66126.3516.42%34.46132.77 Cr.
IFGL Refractories Ltd22.6620.877.62%297.471,639.49 Cr.

IPO Lead Managers aka Merchant Bankers

  • Unistone Capital Pvt. Ltd. 

Company Address

Jajoo Rashmi Refractories Ltd.
B7, SN9, LS Nagar,
Naya Kheda,
Shastri Nagar,
Jaipur, Rajasthan, 302016
Phone: +91 141 233 5816
Email: [email protected]
Website: http://www.jajoorashmi.com/

IPO Registrar

Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html

Jajoo Rashmi Refractories IPO FAQs

What is Jajoo Rashmi Refractories IPO?

Jajoo Rashmi Refractories IPO is Mainboard IPO. The company is going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Jajoo Rashmi Refractories IPO will open for subscription?

The IPO is to open on 2025 for QIB, NII, and Retail Investors. The IPO will close on 2025.

What is Jajoo Rashmi Refractories IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Jajoo Rashmi Refractories IPO?

You can apply for Jajoo Rashmi Refractories IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Jajoo Rashmi Refractories IPO Issue Size?

Jajoo Rashmi Refractories IPO issue size is ₹[.] crores.

What is Jajoo Rashmi Refractories IPO Price Band?

Jajoo Rashmi Refractories IPO Price Band is ₹[.] to ₹[.].

What is Jajoo Rashmi Refractories IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.

What is the Jajoo Rashmi Refractories IPO Allotment Date?

Jajoo Rashmi Refractories IPO allotment date is 2025.

What is the Jajoo Rashmi Refractories IPO Listing Date?

Jajoo Rashmi Refractories IPO listing date is 2025. The IPO is to list on BSE & NSE.

Note: The Jajoo Rashmi Refractories IPO price band and date are officially announced. The (Jajoo Rashmi Refractories IPO grey market premium) will be added to the IPO GMP page as it will start).

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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