Rajputana Industries IPO Date, Details, Allotment and Analyses

Rajputana Industries IPO is a book-built issue aiming to raise ₹23.88 crores. The entire issue consists of 62.85 lakh new equity shares.

Rajputana Industries IPO is open for subscription on July 30, 2024, and closes on August 1, 2024. The allotment for the IPO is expected on August 2, 2024. Rajputana Industries IPO will be listed on NSE SME with a listing date fixed as August 6, 2024.

Source Doc – Rajputana Industries IPO RHP

Rajputana Industries IPO Details

Open DateJuly 30, 2024
Close DateAugust 1, 2024
IPO SizeA total of Rs ₹23.88 crores and 62.85 lakh shares
Fresh Issue6,285,000 Equity Shares
Face Value₹10 per share
IPO Price Band₹36 to ₹38 per share
IPO Listing onNSE SME
Lot Size3000 Shares
OFSN.A
Share Offered to Retail35%
Share Offered to QIB50%
Share Offered to HNI15%

Rajputana Industries IPO Date

  • IPO Open Date: July 30, 2024
  • IPO Close Date: August 1, 2024
  • Allotment: August 2, 2024
  • Refunds: August 5, 2024
  • Shares Credit to Demat: August 5, 2024
  • Listing Date: August 6, 2024

Lot Size

ApplicationLotsSharesAmount
Retail (Min)13000₹114,000
Retail (Max)13000₹114,000
HNI (Min)26,000₹228,000

Promoter Holding

The promoters of the company include M/s Shera Energy Limited, M/s Isha Infrapower Private Limited, Mrs. Shivani Sheikh, and Mr. Sheikh Naseem. Together, they currently hold a pre-issue shareholding of 92.15%.

Rajputana Industries IPO GMP (Grey Market Premium)

If you want to know Rajputana Industries IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.

Rajputana Industries IPO Subscription Status

Rajputana Industries IPO subscription starts on July 30, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.

Rajputana Industries IPO Allotment Status

To check the Rajputana Industries IPO allotment status go to the IPO registrar website ”Bigshare Services Private Limited” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.

  1. Go to the Link given above.
  2. Select the IPO Name
  3. Enter your PAN/ DP ID/ Application No
  4. Submit details and get the allotment status.

Know About Company

Company Background and Products

Rajputana Industries Limited, established in 2011, specializes in manufacturing a wide array of non-ferrous metal products. These include copper, aluminum, brass, and various alloys, all derived from recycled scrap metal.

Manufacturing Process

The company procures scrap metal from open markets, which is then recycled into billets at its manufacturing facility in Sikar, Rajasthan. These billets serve as the foundation for producing copper rods, aluminium rods, copper mother tubes, brass wires, super-enamelled copper conductors, and other products.

Product Variety

Rajputana Industries offers a diverse range of products tailored to customer specifications and market demand. These products come in various shapes and sizes to cater to different industrial needs.

Expansion Plans

To diversify its offerings, the company is venturing into cable production. Cables play a crucial role in residential construction and as underwater cables for motors. The new cable plant will be integrated into the existing production facility, optimizing the available space effectively.

Future Outlook

With its commitment to innovation and quality, Rajputana Industries aims to strengthen its market presence and meet evolving industry demands through expanded product capabilities and enhanced manufacturing processes.

Location and Facility

Situated in Sikar, Rajasthan, the company’s production facility not only facilitates efficient manufacturing but also underscores its commitment to sustainability through metal recycling.

    This revised version maintains clarity and simplicity while highlighting key aspects of Rajputana Industries Limited’s operations and future growth plans.

    Rajputana Industries Limited Financial Information

    Period Ended31 Mar 2024 (₹ Lakhs)31 Mar 2023 (₹ Lakhs)31 Mar 2022 (₹ Lakhs)
    Assets14,974.8111,781.2710,236.66
    Revenue32,701.2925,524.9824,450.96
    Profit After Tax512.64309.67263.77
    Net Worth3,257.202,743.851,712.39
    Total Borrowing2,936.303,001.612,537.98

    KIP of Rajputana Industries Limited

    The financial KPIs table for Rajputana Industries Limited for the years ending March 31, 2024, 2023, and 2022:

    Particulars2024 (₹ Lakhs)2023 (₹ Lakhs)2022 (₹ Lakhs)
    Revenue from Operations 32,650.5625,466.5024,435.08
    Gross Profit Margin (%)6.73%5.87%5.80%
    EBITDA1,815.781,299.361,203.35
    EBITDA Margin (%)5.56%5.10%4.92%
    Profit After Tax 512.64309.67263.77
    PAT Margin (%)1.57%1.22%1.08%
    Return on Equity (ROE) (%)17.09%13.90%16.70%
    Return on Capital Employed (ROCE) (%)30.28%22.67%27.35%
    Operating Cash Flows1,754.98-338.23881.96

    Rajputana Industries Limited IPO Valuation – FY2024

    Financial MetricValue
    Earnings Per Share (EPS)₹3.34 per Equity Share
    Price/Earnings (P/E) Ratio3.22 (Pre IPO)
    Return on Net Worth (RoNW)15.74%
    Net Asset Value (NAV)₹21.25 per Equity Share

    Peer Group

    • Nupur Recyclers Limited
    • Baheti Recycling Limited

    Rajputana Industries Limited IPO Registrar

    BIGSHARE SERVICES PRIVATE LIMITED
    Office No. S-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road,
    Next to Ahura Centre, Andheri (East), Mumbai – 400093
    Tel: +91 022-6263 8200
    Fax: +91 022-6263 8299
    Website: www.bigshareonline.com

    Rajputana Industries Limited IPO Lead Manager

    SWASTIKA INVESTMART LIMITED
    Registered Office: Flat No18 Floor 2 North Wing Madhaveshwar Coop Hsg Society Ltd Madhav
    Nagar, 11/12 S V Road Andheri W Mumbai City – 400058 (Maharashtra).
    Merchant Banking Division Address: 48 Jaora Compound, M.Y.H Road, Indore (MP) – 452001;
    Telephone Number:+91-22-26254568-69 / 0731-6644244;
    Email Id: merchantbanking@swastika.co.in;
    Investors Grievance Id: mb.investorgreivance@swastika.co.in;
    Website: www.swastika.co.in

    Rajputana Industries Limited Contact

    Rajputana Industries Limited
    F-269-B,
    Road No. 13,
    VKIA, Jaipur – 302013
    Phone: +91 9588841031
    Email: cs@rajputanaindustries.com
    Website: http://www.rajputanaindustries.com/

    Rajputana Industries Limited IPO Application Form PDF

    To download the Rajputana Industries Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.

    FAQs – Rajputana Industries Limited IPO

    What is the size of Rajputana Industries Limited’s IPO?

    Rajputana Industries Limited aims to raise ₹19.79 crores through its IPO, offering 19.79 lakh new equity shares.

    When will the allotment for the Rajputana Industries IPO be done?

    Allotment for the Rajputana Industries IPO is expected on August 2, 2024.

    What is the listing date for Rajputana Industries IPO?

    Rajputana Industries IPO is scheduled to be listed on NSE SME on August 6, 2024.

    Who are the promoters of Rajputana Industries Limited?

    The promoters of the company include M/s Shera Energy Limited, M/s Isha Infrapower Private Limited, Mrs. Shivani Sheikh, and Mr. Sheikh Naseem.

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