SP Refactories Limited
Fixed Price IPO · NSE
- Price band
- ₹90 - ₹90
- Lot size
- 1,600 shares
- Issue amount
- ₹4.92 cr
- Total subscription
- 0×
- Opens
- 9 Mar 2022
- Closes
- 11 Mar 2022
- Allotment
- 16 Mar 2022
- Listing
- 22 Mar 2022
Offer at a glance
Issue overview
- Issue size
- 5,47,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,44,000
- Fresh issue
- ₹2.42 cr
- Offer for sale
- ₹2.25 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,44,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 14,91,900
- Shares after issue
- 17,89,500
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,44,000 |
| HNI | 2 | 3,200 | ₹2,88,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
SP Refractories Ltd manufactures and supplies refractory materials, primarily focusing on refractory cement made from hydrated lime, calcined alumina, and other raw materials. The cement, known for its high thermal conductivity, strength, and heat resistance, is widely used in the steel and construction industries. The company procures clinkers externally, which are then crushed, blended, and packed into powder form at its manufacturing facility in Hingna, Nagpur, with an annual clinker manufacturing capacity of 4,000 MT and a crushing capacity of 6,000 MT.
Strengths
- Experienced Leadership: Promoters and management team with a proven track record of success.
- Strong Relationships: Maintains long-term ties with customers and suppliers.
- Solid Financials: Demonstrates a strong balance sheet and reliable financial performance.
- Strategic Manufacturing Location: Plant located in Nagpur for operational efficiency and market access.
Promoters
Namita Prabodh Kale
Shweta Prabodh Kale
Prajakta Prabodh Kale
Registrar & documents
Lead manager
Aryaman Financial Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
M-10, M-11/1 & M-11/2, MIDC Industrial Area, Hingna Road, Nagpur - 440016
07104-235388
[email protected]Company website ↗Understanding SPRL 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.