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Refractory Shapes IPO

Open 6th May 2024 · Close 9th May 2024 · Listing 14th May 2024

Verified 2026-08-2489% data coverage
Issue Price₹31.00
Listing Price₹75.00
Current Price
Listing Gain141.94%
Current Return

IPO Objectives

Refractory Shapes IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding of Capital expenditure towards civil construction required for Expansion of existing manufacturing unit at the existing location situated at Wankaner, Gujarat;₹4.30 Cr
2Funding of Capital expenditure towards purchase of Plant and Machineries for Expanding existing manufacturing unit at the existing location situated at Wankaner, Gujarat;₹2.51 Cr
3Repayment/prepayment of all or certain of our borrowings availed of by our Company₹7.00 Cr
4Purchase of Commercial Vehicle₹0.11 Cr
5General Corporate Purpose₹2.46 Cr