Refractory Shapes IPO Grey Market Premium Today

Dear investors check out here Refractory Shapes IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Refractory Shapes IPO GMP today is ₹15.

Refractory Shapes IPO is open on Friday, May 6, 2024. and close on Tuesday, May 9, 2024. Refractory Shapes IPO total issue size is ₹18.60 Cr, and Refractory Shapes IPO price is ₹31 per share. The IPO will be listed on BSE and NSE. Refractory Shapes Limited IPO listing on Tuesday, May 14, 2024.

Refractory Shapes IPO Date

  • IPO Open Date: Monday, May 6, 2024
  • IPO Close Date: Thursday, May 9, 2024
  • Basis of Allotment: Friday, May 10, 2024
  • Initiation of Refunds: Monday, May 13, 2024
  • Credit of Shares to Demat: Monday, May 13, 2024
  • Listing Date: Tuesday, May 14, 2024
  • Cut-off time for UPI mandate confirmation: 5 PM on May 9, 2024

Refractory Shapes Limited About

Refractory Shapes Limited: A Leading Manufacturer of Industrial Refractory Products
Established in 1996, Refractory Shapes Limited is a trusted manufacturer of essential industrial products. We specialize in a wide range of refractory materials, including:

Bricks: Pre-cast and pre-fired blocks (PCPF), burner blocks, and specially shaped bricks for various applications.
Castables: Dense and insulating castables to meet specific thermal and physical requirements.
High Alumina Catalysts and Ceramic Balls: Functional materials used in industrial processes.
Metallic Anchors: Providing support for refractory installations.
We also offer raw materials like tabular alumina, low alumina bricks, and insulating bricks to our clients.

Production Capabilities:

Refractory Shapes Limited operates manufacturing facilities strategically located across India:

Pune, Maharashtra: Our Pimpri Industrial Area facility covers 34,788 sq. ft.
Wankaner, Gujarat: This expansive facility in Morbi district boasts 1,74,246 sq. ft. of production space. Additionally, we own 4 acres of land (approximately 1,74,240 sq. ft.) near the existing unit for future expansion plans. This expansion will include a new kiln and additional pressing machines, enabling us to manufacture a broader range of refractory bricks.
Our Team:

As of September 30, 2023, Refractory Shapes Limited employed a dedicated team of 38 individuals.

Refractory Shapes IPO GMP Today Price | Gray Markets Price Today

As Per the last update on May 08, 2024, at 11:00 AM, the latest GMP (Gray Markets Price) for Refractory Shapes IPO is ₹15. The base price of the IPO is ₹31.00, with an estimated listing price of ₹46 (48.39%) (cap price + today’s GMP). This suggests an expected profit/loss per share of 48.39%.

Refractory Shapes IPO GMP Today

Date GMP Price Kostak Subject to
09 May 024 ₹15 ₹31 ₹2200 ₹81500
08 May 2024 ₹15 ₹31 ₹2200 ₹81500
07 May 2024 ₹15 ₹31 ₹2200 ₹81500
06 May 2024 ₹13 ₹31 ₹2200 ₹81500

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