SP Refactories Limited IPO
NSE SME₹144,000 / 1600 Shares
SP Refactories Limited IPO Details
The SP Refactories Limited IPO price band is set between ₹90 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 9 Mar, 2022 and closes on 11 Mar, 2022. Investors can check the allotment status on 16 Mar, 2022, while the listing date is tentatively scheduled for 22 Mar, 2022.
The total issue size is 547,200 Eq Shares of ₹10, aggregating up to ₹4.92 Cr. Stay tuned for the latest SP Refactories Limited IPO review and GMP updates.
SP Refactories Limited IPO Review, Rating & Analysis
SP Refactories Limited IPO Review
NO REVIEWSP Refactories Limited IPO Rating
SP Refactories Limited IPO Highlights
IPO Date
Mar 9, 2022 - Mar 11, 2022
Listing Date
22 Mar, 2022
Face Value
₹10 Per Equity Share
Price Band
₹90 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
SP Refactories Limited IPO Lot Size
The minimum market lot for SP Refactories Limited IPO is 1600 shares with an application amount of ₹1,44,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,44,000 |
| Retail (Max) | 1 | 1600 | ₹1,44,000 |
| S-HNI (Min) | 2 | 3200 | ₹2,88,000 |
| S-HNI (Max) | 6 | 9600 | ₹8,64,000 |
| B-HNI (Min) | 7 | 11200 | ₹10,08,000 |
SP Refactories Limited IPO Timeline
Issue Price
₹90 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Aryaman Financial Services limitedIssue Size
547,200 Eq Shares of ₹10(aggregating up to ₹4.92 Cr) : 297,600 Eq Shares of ₹10(aggregating up to ₹2.68 Cr) Fresh + 249,600 Eq Shares of ₹10(aggregating up to ₹2.25 Cr OFSSP Refactories Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 21 | 12.32 | 14.47 | 0.80 | - | - | - |
| 31 Mar 21 | 10.57 | 25.72 | 0.75 | - | - | - |
| 31 Mar 20 | 8.98 | 20.99 | 0.39 | - | - | - |
| 31 Mar 19 | 7.92 | 18.55 | 0.20 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Namita Prabodh Kale
- Shweta Prabodh Kale
- Prajakta Prabodh Kale
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 69.42% |
About Company
SP Refactories Ltd manufactures and supplies refactory material made using hydrated lime, Calcined Alumina, and other raw materials. Refactory cement is its core focus that is widely used in steel & construction industries because of high thermal conductivity, maximum strength, and heat resistance. The company purchases clinkers from outsiders and thereafter crushes, blend, and pack refactory cement in powder form in its manufacturing facility.Its manufacturing facility are situated in Hingna, Nagpur. The business has a total clinkers manufacturing capacity of 4000 MT per year and clinkers crushing capacity of 6000 MT per year.
SP Refactories Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 259,200 | 259,200 | 518,400 |
Day 1 -09-03-22 06:00 PM | 0.22 x | 0.69 x | 0.46 x |
Day 2 -10-03-22 06:00 PM | 1.64 x | 2.52 x | 2.08 x |
Day 3 -11-03-22 06:00 PM | 5.64 x | 8.85 x | 7.24 x |
Frequently Asked Questions about SP Refactories Limited IPO IPO
When will SP Refactories Limited IPO open for subscription?
The SP Refactories Limited IPO opens on 9 Mar, 2022 and closes on 11 Mar, 2022.
What is the investors portion for SP Refactories Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 259200.
How to apply for SP Refactories Limited IPO?
You can apply for SP Refactories Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of SP Refactories Limited IPO?
The issue size of SP Refactories Limited IPO is approx ₹547,200 Eq Shares of ₹10(aggregating up to ₹4.92 Cr) : 297,600 Eq Shares of ₹10(aggregating up to ₹2.68 Cr) Fresh + 249,600 Eq Shares of ₹10(aggregating up to ₹2.25 Cr OFS crores.
What is the price band of SP Refactories Limited IPO?
The price band for SP Refactories Limited IPO is ₹90 per equity share to ₹undefined.
What is the lot size of SP Refactories Limited IPO?
The minimum bid (lot size) for SP Refactories Limited IPO is N/A shares with an investment of approx ₹144,000 .
What is the allotment date of SP Refactories Limited IPO?
The allotment date for SP Refactories Limited IPO is 16 Mar, 2022.
What is the listing date of SP Refactories Limited IPO?
The listing date for SP Refactories Limited IPO is expected to be 22 Mar, 2022.
What is the GMP of SP Refactories Limited IPO?
The latest Grey Market Premium (GMP) for SP Refactories Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.