The much-anticipated IPO of Rajputana Industries is set to launch on July 30, 2024, closing on August 1, 2024. This NSE SME IPO aims to raise ₹23.88 crores with a price band of ₹36 to ₹38 per share and a lot size of 3000 shares.
Rajputana Industries Limited specializes in manufacturing non-ferrous metal products, primarily from recycled scrap metals such as copper, aluminium, and brass. Their production facility, located at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan, converts scrap into billets, rods, wires, and tubes. Recently, the company has expanded into the cable manufacturing sector, targeting residential and submersible cables for motors.
2. IPO Dates and Price Band
- Opening Date: July 30, 2024
- Closing Date: August 1, 2024
- Price Band: ₹36 to ₹38 per share
- IPO Size: ₹23.88 crores
- Face Value: ₹10 per share
- Listing: NSE SME
- Retail Quota: 35%
- QIB Quota: 50%
- NII Quota: 15%
3. Market Lot
The minimum lot size for Rajputana Industries IPO is 3000 shares, requiring an investment of ₹114,000. Retail investors can apply for one lot, while S-HNIs can apply for at least two lots.
4. 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 |
5. Valuation for FY2024
- Earning Per Share (EPS): ₹3.34
- Price/Earning (P/E) Ratio: NA
- Return on Net Worth (RoNW): 15.74%
- Net Asset Value (NAV): ₹21.25
6. Peer Comparison
- Nupur Recyclers Limited
- Baheti Recycling Limited
7. Promoters
- M/s Shera Energy Limited
- M/s Isha Infrapower Private Limited
- Mrs. Shivani Sheikh
- Mr. Sheikh Naseem
8. Registrar Details
Bigshare Services Pvt Ltd
- Phone: +91-22-6263 8200
- Email: ipo@bigshareonline.com
- Website: bigshareonline.com
9. Lead Managers
Holani Consultants Private Limited
10. Company Address
Rajputana Industries Limited
- F-269-B, Road No. 13, VKIA, Jaipur – 302013
- Phone: +91 9588841031
- Email: cs@rajputanaindustries.com
- Website: rajputanaindustries.com
11. FAQs
What is Rajputana Industries IPO? The Rajputana Industries IPO is an NSE SME IPO aiming to raise ₹23.88 crores at a price band of ₹36 to ₹38 per share.
When will the Rajputana Industries IPO open? The IPO will open on July 30, 2024.
How to apply for the Rajputana Industries IPO? Investors can apply via ASBA through their bank account or via UPI through their stock broker. Alternatively, offline forms can be downloaded from the NSE website and submitted through banks or brokers.
What is the IPO allotment date? The allotment date is August 2, 2024.
When will the IPO list? The IPO will list on August 6, 2024, on the NSE SME.
What is the minimum investment? The minimum investment is ₹114,000 for one lot of 3000 shares.
For more detailed information and updates, visit the official website of Rajputana Industries and the registrar’s website.