RAJPUTANA INDUSTRIES LIMITED
Bookbuilding IPO · NSE
- Price band
- ₹36 - ₹38
- Lot size
- 3,000 shares
- Issue amount
- ₹23.88 cr
- Total subscription
- 376.49×
- Opens
- 30 Jul 2024
- Closes
- 1 Aug 2024
- Allotment
- 2 Aug 2024
- Listing
- 6 Aug 2024
Offer at a glance
Issue overview
- Issue size
- 62,85,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,08,000
- Fresh issue
- ₹23.88 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,14,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,53,30,000
- Shares after issue
- 2,22,15,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,14,000 |
| HNI | 2 | 6,000 | ₹2,28,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 4.08 | 726.23 |
| RETAIL | 7.64 | 4,007.01 |
| NIB | 3.42 | 1,430.77 |
| EMPLOYEES | 0.11 | 0.32 |
| Shareholder | 1.14 | 7.6 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 3.34 | 2.19 | 1.87 |
| ROE | 17.09 | 13.9 | 16.7 |
| ROCE | 30.28 | 22.67 | 27.35 |
| RONW | 15.74 | 11.29 | 15.4 |
| PRE IPO(PE) | 11.81 | 0 | 0 |
| POST IPO(PE) | 16.47 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Rajputana Industries manufactures a diverse range of non-ferrous metal products using Copper, Aluminium, Brass, and various alloys sourced from recycled scrap metal. The scrap is processed into billets at its in-house facility in Reengus, Sikar, Rajasthan, which are either sold to other manufacturers or further converted into Copper and Aluminium rods, Copper mother tubes, Brass wires, super-enameled copper conductors, and related products. The company produces rods, wires, tubes, bars, billets, and strips in various shapes and sizes to meet customized industry requirements. With an annual installed capacity of 9,860 MT as of March 31, 2023, and equipped with advanced machinery and an in-house quality testing lab, Rajputana Industries ensures high-quality output across its entire product portfolio.
Strengths
- Experienced Team: The company has a skilled and knowledgeable senior management team along with a qualified workforce.
- Trusted Client Partnerships: Long-term relationships with clients build business stability and customer trust.
- Quality Commitment: The company prioritizes quality to deliver high-standard products that meet customer needs and industry standards.
Risk factors
- Conflict of Interest: If promoters or directors are involved in similar businesses, their personal interests might clash with company decisions, which could affect how the business is run.
- Negative Working Capital: The company operated with negative working capital in 2021 and 2022, meaning it might struggle to cover daily expenses, which could hurt its operations.
- Underutilized Manufacturing Capacity: The company might not fully use its manufacturing setup or newly expanded facilities, which could lower productivity and profits.
Promoters
M/s Shera Energy Limited
M/s Isha Infrapower Private Limited
Mrs. Shivani Sheikh
Mr. Sheikh Naseem
Registrar & documents
Lead manager
Holani Consultants Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
F-269-B, Road No. 13, VKIA, Jaipur - 302013
+91 9588841031
[email protected]Company website ↗Understanding RAJINDLTD IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.