Rajputana Industries IPO is going to open to the public on July 30, 2024 and it will open until August 1, 2024. The share allotment date of the Rajputana IPO is August 2, 2024 and the listing date is August 6, 2024. This is a fresh-issue, SME book-built initial public offering (IPO), with a total value of 23.88 crore for 63 lakh shares. The price band of the IPO is set at 36 to ₹38 per share, with a lot size of 3000 shares. The market capitalization of Rajputana Industries is Rs 84.42 crore.
You will find all the information regarding the company and its IPO on this page. This page will be updated regularly with the latest updates regarding the IPO.
Table of Contents
Overview of Rajputana Industries Limited
Rajputana Industries Limited is a Jaipur-based non-ferrous metal product manufacturer. The company uses scrap metal for processing into copper, aluminum, alloys and brass. Rajputana Industries was established in 2011 by Shivani Sheikh and Sheikh Naseem. Shivani Sheikh is the managing director of the company.
Rajputana Industries IPO Details
| IPO Date | July 30, 2024 to August 1, 2024 |
| Listing Date | August 6, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹36 to ₹38 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 6,285,000 shares (aggregating up to ₹23.88 Cr) |
| Fresh Issue | 6,285,000 shares (aggregating up to ₹23.88 Cr) |
| Issue Type | Book Built Issue IPO |
| Overall Subscription | 376.41 times |
| Listing At | NSE SME |
| Share holding pre issue | 15,930,000 |
| Share holding post issue | 22,215,000 |
| Market Maker portion | 360,000 shares |
Today’s GMP for Rajputana Industries IPO
The last updated Grey Market Premium (GMP) for the Rajputana Industries IPO is ₹26. The offering price for the Rajputana IPO is between ₹36 to ₹38 per share, combining the cap price with today’s GMP. The following table displays the trend of the Rajputana Industries IPO’s GMP over the past few days.
The expected listing share price range of Rajputana Industries.’s IPO is ₹40-₹65.
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| GMP Date | IPO Price | GMP Price |
| August 6, 2024 | ₹36-₹38 | ₹33 |
| August 5, 2024 | ₹36-₹38 | ₹35 |
| August 4, 2024 | ₹36-₹38 | ₹25 |
| August 3, 2024 | ₹36-₹38 | ₹24 |
| August 2, 2024 | ₹36-₹38 | ₹27 |
| July 31, 2024 | ₹36-₹38 | ₹26 |
| July 30, 2024 | ₹36-₹38 | ₹26 |
| July 29, 2024 | ₹36-₹38 | ₹24 |
| July 28, 2024 | ₹36-₹38 | ₹18 |
| July 27, 2024 | ₹36 to ₹38 | ₹18 |
| July 26, 2024 | ₹36 to ₹38 | ₹15 |
Rajputana Industries IPO: Important Dates
All the important dates regarding the Rajputana Industries IPO are mentioned below. Mark them on your calendar so you don’t miss any events. Rajputana IPO’s opening date is Wednesday, July 30, 2024 and the offer will close on August 1, 2024.
| IPO Open Date | Tuesday, July 30, 2024 |
| IPO Close Date | Thursday, August 1, 2024 |
| Basis of Allotment | Friday, August 2, 2024 |
| Initiation of Refunds | Monday, August 5, 2024 |
| Credit of Shares to Demat | Monday, August 5, 2024 |
| Listing Date | Tuesday, August 6, 2024 |
Rajputana Industries IPO Lot Size & Investor Types
Rajputana Industries IPO offers a minimum of 3,000 shares per lot. The below table represents the future of minimum and maximum investment for retail investors and HNI concerning shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,14,000 |
| Retail (Max) | 1 | 3000 | ₹1,14,000 |
| HNI (Min) | 2 | 6,000 | ₹2,28,000 |
| HNI (Max) | 4 | 12,000 | ₹4,56,000 |
Rajputana Industries IPO Promoter Holding
| Share Holding Pre Issue | 92.15% |
| Share Holding Post Issue | [.] |
Shareholder Pattern
| Holding | Pre-Issue | Post-Issue |
| Promoter Group | 0 % | 0 % |
| Public Group | 100 % | 100 % |
Rajputana Industries IPO Quota Shares Offered
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 17.09% |
| ROCE | 30.28% |
| RoNW | 15.74% |
| P/BV | 1.79 |
| PAT Margin (%) | 1.57 |
Rajputana Industries Limited Financial Statements
| Particulars | FY24 | FY23 |
| Revenues | ₹327 crore | ₹255 crore |
| Profit | ₹5.13 crore | ₹3.10 crore |
| PAT Margins | 16.78% | 7.9% |
| Total Assets | ₹150 crore | ₹118 crore |
Rajputana Industries Limited Contact Details
F-269-B, Road No. 13,
VKIA, Jaipur, PIN Code: 302013
Phone: +91-9588841031
Email: [email protected]
FAQs
1. What is the Rajputana Industries Limited IPO’s GMP price?
The current GMP price of the Rajputana IPO is ₹26.
2. On which exchange will the Rajputana Industries Ltd IPO be listed?
Rajputana Industries share to be listed on NSE SME.
3. When is the allotment date for Rajputana Industries Ltd IPO?
The allotment date of the IPO is August 2, 2024.
4. What are the opening and closing dates of the IPO?
Rajputana IPO will open on July 30, 2024 & close on August 1, 2024.
5. When is the listing date for the Rajputana Industries Limited IPO?
Rajputana Industries IPO’s listing date is August 6, 2024.
Conclusion
Considering the financials and other fundamentals of Rajputana Industries Limited, investing in its IPO might be beneficial. However, please make sure to invest after careful consideration and at your own risk. Updates on Rajputana Industries IPO GMP (Grey Market Premium) and listing price will continue to be available on this page.
To get more information and regular updates on the Rajputana Industries Limited IPO, keep in touch with The Invest Advisory.