| Refractory Shapes Ltd |
|---|
| Registered Office: B 201 Rustomjee Central Park, Chakala A.Kurla Road Andheri E, Mumbai - 400069, Maharashtra |
| Phone: +91 98199 95930 |
| Email: investors@refshape.com |
| Website: www.refshape.com |
| Initial public offer of 60,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Refractory Shapes Limited ("Refractory Shapes", or "The Company" or "The Issuer") for cash at a price of Rs. 31.00/- per equity share including a share premium of Rs. 21.00/- per equity share (the "Issue Price") aggregating to Rs. 18.60 crores ("The Issue"), of which 3,04,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 31.00/- per equity share including a share premium of Rs. 21.00/- per equity share aggregating to Rs. 0.94 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 56,96,000 equity shares of face value of Rs. 10/- each at a price of Rs. 31.00/- per equity share including a share premium of Rs. 21.00/- per equity share aggregating to Rs. 17.66 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.52 % and 26.13 % respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue price is 3.1 times the face value of the equity.e |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 06-May-2024 | 09-May-2024 | ₹ 31.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 16.37 | Shreni Shares Ltd |
| Project Financed through Current Offer | 18.60 | |
| Post Issue Equity Share Capital | 21.80 | |
| Issue Price | ₹31.00 | |
| Projects |
|---|
| Funding of capital expenditure towards civil construction required for expansion of existing mfg unit at the existing location situated at |
| Funding of capital expenditure towards purchase of plant and machinery for expanding existing mfg unit at the existing location situated at |
| Repayment/prepayment of all or certain borrowings availed by the company |
| Purchase of commercial vehilces |
| General corporate purposes |
| Promoted By |
|---|
| Dayashankar Krishna Sheety |
| Pratibha Dayashankar Sheety |
| Prajna Shravan Sheety |
| Listing At |
|---|
| NSE - SME |
| Registrar to the Issue |
|---|
