The Refractory Shapes IPO minimum market lot is 4000 shares with ₹124,000 application amount. The Refractory Shapes IPO is a NSE IPO, and it is to be listed on NSE.
Refractory Shapes Limited started developing and supplying products to Refineries and Steel Industries since its inception in 1973. In the years 2007 and 2011, their Company had for the first time became an approved vendor with Engineer India Limited (“The EIL”) and also got enlisted with EIL for “High Alumina Refractory Bricks”, their Company is the Original Equipment Manufacturer in many projects executed by EIL, which increased the opportunities of their Company in many green field projects, this EIL enlistment is re-validated every 3 years.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Refractory Shapes IPO Subscription Status – Day 4
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| QIB | 0.01 | 0.05 | 0.07 | 90.59 |
| NII | 2.71 | 19.17 | 35.79 | 462.58 |
| RII | 8.36 | 30.33 | 65.56 | 245.71 |
| Total | 4.76 | 19.27 | 40.43 | 247.76 |
Refractory Shapes IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Refractory Shapes IPO Review
- Avoid
Refractory Shapes IPO Form
How to apply for the Refractory Shapes IPO? You can apply for Refractory Shapes IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Refractory Shapes IPO in the Invest section. The other option is you can apply for Refractory Shapes IPO via IPO forms downloaded online. Check out the Refractory Shapes forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
