Rajputana Industries Limited IPO
Rajputana Industries Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹36–₹38 per share. The stock debuted at ₹72.2, delivering a listing gain of 90.0%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,14,000.
Rajputana Industries Limited IPO
- IPO Dates
- Jul 30, 2024 – Aug 1, 2024
- Price band
- ₹36-38 per equity share
- Minimum Investment
- ₹1,14,000
- Issue size
- ₹23.88 Cr
- Lot size
- 3000
- Allotment Date
- Aug 2, 2024
- Listing
- Aug 6, 2024
- Listing At
- NSE SME
IPO timeline
-
Jul 30, 2024
Open Date
Completed
-
Aug 1, 2024
Close Date
Completed
-
Aug 2, 2024
Allotment Date
Completed
-
Aug 6, 2024
Listing Date
Completed
Rajputana Industries Limited IPO Essentials
Rajputana Industries Limited IPO Details
Rajputana Industries Limited IPO is priced at ₹36-38 per share with a total issue size of 23.88 crore. The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹36-38 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,285,000 shares(aggregating up to ₹23.88 Cr)
- Total issue size
- 62,85,000 shares
(aggregating up to ₹23.88 crore) - Fresh issue
- 62,85,000 shares
(aggregating up to ₹23.88 crore) - Listing at
- NSE SME
- List price
- 72.2
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Holani Consultants Private Limited
Market Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 3000 | ₹1,14,000 |
| Retail(max) | 1 | 3000 | ₹1,14,000 |
| NII (min) | 2 | 6,000 | ₹2,28,000 |
Rajputana Industries Limited IPO Reservation
Rajputana Industries Limited IPO reservation details show category-wise allocation of shares. Out of the total 62,85,000 shares, approximately 17.09% are reserved for QIB, 14.32% for NII, 31.98% for retail investors, 5.73% for market maker, and 25.63% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 16,11,000 (25.63%) | |
| Market Maker Shares Offered | 3,60,000 (5.73%) | |
| QIB Shares Offered | 10,74,000 (17.09%) | |
| NII (HNI) Shares Offered | 9,00,000 (14.32%) | |
| Retail Shares Offered | 20,10,000 (31.98%) | |
| Total Shares Offered | 62,85,000 (100%) |
Rajputana Industries Limited IPO Analytics
Rajputana Industries Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rajputana Industries Limited IPO Subscription Status
Rajputana Industries Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,074,000 / 900,000 | 2,010,000 | 4,314,000 |
|
Day 1
30-07-24 06:00 PM
|
(3.71 / 13.55) x | 36.44 x | 20.73 x |
|
Day 2
31-07-24 06:00 PM
|
(4.32 / 53.19) x | 150.96 x | 82.53 x |
|
Day 3
01-08-24 06:00 PM
|
(177.94 / 418.35) x | 524.61 x | 375.95 x |
Rajputana Industries Limited Valuations
Earnings
- EPS Pre IPO
- ₹3.22/-
- EPS Post IPO
- ₹2.31/-
- P/E Pre IPO
- 11.81
- P/E Post IPO
- 16.47
Returns
- ROE
- 17.09%
- ROCE
- 30.28%
- RoNW
- 15.74%
- PAT Margin
- 1.57
Fundamentals
- Price / Book
- 1.79
Rajputana Industries Limited Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 14,974.81 | 11,781.27 | 10,236.66 |
| Revenue | 32,701.29 | 25,524.98 | 24,450.96 |
| Profit After Tax | 512.64 | 309.67 | 263.77 |
Rajputana Industries Limited Company & Offer Insights
About Rajputana Industries Limited
Rajputana Industries Limited was established in the year 2011. The company produces various non-ferrous metal products in copper, aluminum, brass, and several alloys from recycled scrap metal.
The company produces billets of metals like aluminum, copper, or brass, etc. by recycling scrap metal bought from open markets. The billets are prepared by recycling at the company's own manufacturing facility in Sikar, Rajasthan. Such billets are sold to different manufacturing companies, or the company itself manufactures copper rods, aluminum rods, copper mother tubes, brass wires, super-enameled copper conductors, and many others. The shape and size of these wires, tubes, rods, billets, and bars vary according to the needs of their customers or to the current demand in the market.
To expand its product portfolio, the company is venturing into the manufacture of cables. Cable is primarily used in the construction industry, particularly in the production of houses, and as submersible cables for motors. The proposed cable plant will thus be built in the existing production facility of the company by utilizing the excess space of the production plant.
As of July 10, 2024, the company has 98 full-time employees, comprising employees in the accounting and finance area, compliance, maintenance, marketing and logistics, production and operations, quality, executives and permanent employees.
Rajputana Industries Limited Promoter(s)
M/s Shera Energy Limited, M/s Isha Infrapower Private Limited, Mrs. Shivani Sheikh, Mr. Sheikh Naseem are the company's promoters of Rajputana Industries Limited.
Rajputana Industries Limited IPO Issue Objectives
- •
- Funding the Working capital requirements of the company
- •
- Purchase of Grid Solar Power Generating System
- •
- General corporate purposes.
Rajputana Industries Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Rajputana Industries Limited | 3.34 | 3.34 | 21.25 | N/A | 15.74 | N/A | N/A |
| Nupur Recyclers Limited | 1.54 | 1.54 | 12.48 | 62.14 | 12.32 | N/A | Standalone |
| Baheti Recycling Industries Limited | 6.94 | 6.94 | 40.15 | 40.2 | 17.3 | N/A | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on July 11, 2024, on the National Stock Exchange of India Limited, divided by the Diluted EPS.
- For listed peers, RoNW is computed as profit after tax for the year ended March 31, 2024, divided by Total equity net of minority interest.
- Total Equity is computed as the sum of paid-up share capital and other equity.
- NAV per share is computed as the closing net worth divided by the equity shares outstanding as of March 31, 2024.
- Considering the nature and size of the company's business, its peers are not strictly comparable. However, the above companies have been included for broad comparison.
Contact Information
Contact Details
Rajputana Industries Limited
+91 9588841031
http://www.rajputanaindustries.com/
F-269-B, Road No. 13, VKIA, Jaipur - 302013
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Rajputana Industries Limited IPO is a book-built IPO worth ₹23.88 crore. The price band is ₹36–₹38 per share. The IPO opens on Jul 30, 2024 and closes on Aug 1, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Rajputana Industries Limited IPO is ₹36 to ₹38 per share.
The lot size of Rajputana Industries Limited IPO is 3000 shares.
The minimum investment for Rajputana Industries Limited IPO is approximately ₹1,14,000 based on the upper price band .
Rajputana Industries Limited IPO opens on Jul 30, 2024 and closes on Aug 1, 2024.
The allotment date of Rajputana Industries Limited IPO is Aug 2, 2024.
Rajputana Industries Limited IPO is expected to be listed on Aug 6, 2024, on NSE SME Platform.
Rajputana Industries Limited IPO valuation snapshot: P/E 16.47, EPS ₹2.31/-, P/B 1.79, RoNW 15.74%, and market cap N/A.
To apply for Rajputana Industries Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rajputana Industries Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rajputana Industries Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rajputana Industries Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rajputana Industries Limited IPO allotment status on IPO Ji for quick and easy access.