Rajputana Industries Limited is primarily engaged in the business of manufacturing of diverse range of non-ferrous metal products from primarily Copper, Aluminium, Brass and various alloys from recycling of scrap metal. They procure scrap metal from open markets and convert them into billets made of metals like aluminium, copper or brass etc. through recycling in their inhouse manufacturing unit situated at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan. Once these billets are manufactured from recycled scrap metal, they either sell them to different manufacturing companies or they use them to produce products like Copper rods, Aluminium rods, Copper mother tube, brass wires, super enameled copper conductor and many more products. These wires, tubes, bars, billets and rods are manufactured in various shapes and sizes as per the requirement of the customers and / or demand in the market.
Over the past couple of years, the company has outgrown itself into a distinguished large-scale organization specializing in wires, tubes, bus, bars and rods of various shapes, sizes and in various nonferrous metals having plentiful applications. With a view to enhancing the product portfolio, the company is entering into the business of manufacturing of cables which shall be primarily used in the construction industry, mainly residential and submersible cables for motors. The proposed cable plant shall be installed in the existing manufacturing facility of the company situated at SP-3, RIICO Industrial Area, Reengus, Sikar by utilizing the surplus area in the manufacturing facility.
Objects of the Issue:
- Funding the Working capital requirements of the company;
- Purchase of Grid Solar Power Generating System; and
- General corporate purposes.
Rajputana Industries IPO Review
- May Apply
Rajputana Industries IPO Date & Price Band Details
| IPO Open: | July 30, 2024 |
| IPO Close: | August 1, 2024 |
| IPO Size: | Approx ₹23.88 Crores, 6,285,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹36 to ₹38 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Rajputana Industries IPO Market Lot
The Rajputana Industries IPO minimum market lot is 3000 shares with a ₹114,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹114,000 |
| Retail Maximum | 1 | 3000 | ₹114,000 |
| S-HNI Minimum | 2 | 6000 | ₹114,000 |
Rajputana Industries IPO Dates
The Rajputana Industries IPO date is July 30 and the IPO close date is August 1. The IPO allotment date is August 2 and the IPO might list on August 6.
| IPO Open Date: | July 30, 2024 |
| IPO Close Date: | August 1, 2024 |
| Basis of Allotment: | August 2, 2024 |
| Refunds: | August 5, 2024 |
| Credit to Demat Account: | August 5, 2024 |
| IPO Listing Date: | August 6, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Rajputana Industries IPO Form
How to apply Rajputana Industries IPO? You can apply Rajputana Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rajputana Industries IPO in the Invest section. The other option you can apply Rajputana Industries IPO via IPO forms download via the NSE website. Check out the Rajputana Industries forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Rajputana Industries Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹244.51 | ₹240.98 | ₹2.64 |
| 2023 | ₹255.25 | ₹251.06 | ₹3.10 |
| 2024 | ₹327.01 | ₹320.14 | ₹5.13 |
Rajputana Industries IPO Valuation – FY2024
Check Rajputana Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.34 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 15.74% |
| Net Asset Value (NAV): | ₹21.25 per Equity Share |
Peer Group
- Nupur Recyclers Limited
- Baheti Recycling Limited
Company Promoters
- M/s Shera Energy Limited
- M/s Isha Infrapower Private Limited
- Mrs. Shivani Sheikh
- Mr. Sheikh Naseem.
Rajputana Industries IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Rajputana Industries IPO Allotment Status
Check Rajputana Industries IPO allotment status on Bigshare website URL. Click Here
Rajputana Industries IPO Lead Managers aka Merchant Bankers
- Holani Consultants Private Limited
Company Address
Rajputana Industries Limited
F-269-B,
Road No. 13,
VKIA, Jaipur – 302013
Phone: +91 9588841031
Email: [email protected]
Website: http://www.rajputanaindustries.com/
