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Refractory Shapes Limited IPO

Refractory Shapes Limited engages in producing a variety of bricks, constables, high alumina catalysts, and ceramic balls, such as pre-cast and pre-fired blocks, burner blocks, uniquely shaped refractory bricks, and dense or insulating castable and mortars. The company creates customized products used in various industries like steel, refineries, fertilizers, petrochemicals, glass, and cement. These specialized products are designed to withstand the tough conditions in these industries, helping to improve efficiency and prolong the lifespan of equipment.

Company Promoters:

• Mr. Dayshankar Krishna Shetty
• Ms. Pratibha Dayashankar Shetty
• Ms. Prajna Shravan Shetty
• Mr. Suraj Sadanand Shetty
  

Objects of this Issue:

•  Funding of Capital expenditure towards civil construction required for Expansion of existing manufacturing unit at the existing location situated at Wankaner, Gujarat
• Funding of Capital expenditure towards purchase of Plant and Machineries for Expanding existing manufacturing unit at the existing location situated at Wankaner.
• Repayment/prepayment of all or certain of their borrowings availed of by their Company.
•  Purchase of commercial vehicle
•  General corporate purposes.

Financial Information of the Company:

Particular	Amount in Lakhs (Rs.)
	As on 31 March 2023	As on 30 March 2022	As on 31 Mar 2021
Total Assets	5,003.81	3,684.82	2,723.72
Total Liabilities	3,335.17	2,207.92	1,533.86
Net Profit	191.74	287.04	156.39

Refractory Shapes Limited IPO Schedule

1.     Bid or Offer Opens on: 06 May 2024
2.     Bid or Offer Closes on: 09 May 2024
3.     Finalization of BoA: 10 May 2024
4.     Initiation of Refunds: 13 May 2024
5.     Credit of shares to Demat account: 13 May 2024
6.     Listing Date: 14 May 2024

Refractory Shapes Limited IPO Lot Size

The market lot size of Refractory Shapes Limited IPO is 8,000 shares. The minimum and maximum order quantity is as follows:

Company Contact Details:

B 201, Rustomjee Central Park

Chakala, Andheri-Kurla Road,

Andheri (East), Mumbai-400069,

Maharashtra, India

Phone: + 91 9819995930

Email: investors@refshape.com

Website: www.refshape.com

Refractory Shapes Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

Office No. S6-2, 6th Floor, Pinnacle Business Park,

Next to Ahura Centre, Mahakali CavesRoad, Andheri East,

Mumbai – 400 093, Maharashtra, India

Telephone: 022 - 6263 8200

Email:  ipo@bigshareonline.com

Website:  www.bigshareonline.com