| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹23.88 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹23.88 Cr |
| Fresh Issue | ₹22.52 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน36.00-38.00 per share |
| Discount | Retail: 0.00,Employee: 0.00,ShareHolder: 0.00 |
| NSE Code | RAJINDLTD |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Rajputana Industries Limited was established in 2011 and manufactures a wide range of non-ferrous metal products in copper, aluminium, brass, and various alloys from recycled scrap metal.
The company manufactures billets of metals such as aluminium, copper or brass, etc. from scrap metal procured from open markets. The scrap metal is processed into billets through recycling at the company's own manufacturing facility in Sikar, Rajasthan. The company sells these billets to various manufacturing companies or uses them to manufacture products such as copper rods, aluminum rods, copper mother tubes, brass wires, super-enameled copper conductors, and many other products. These wires, tubes, rods, billets, and bars are manufactured in various shapes and sizes as per the requirements of the customers and/or the demand in the market.
In order to expand its product portfolio, the company is entering into the production of cables, which are primarily used in the construction industry, especially in residential construction, and as underwater cables for motors. The planned cable plant is to be installed in the company's existing production facility by utilizing the excess space of the production plant.
As of July 10, 2024, the company had 98 full-time employees, including employees in the areas of accounting and finance, compliance, maintenance, marketing and logistics, production and operations, quality, executives and permanent employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the Working capital requirements of our Company | 14.00 |
| 2 | Purchase of Grid Solar Power Generating System; and | 4.50 |
| 3 | General corporate purposes | 2.81 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 149.75 | 117.81 | 102.37 |
| Total Income | 327.01 | 255.25 | 244.51 |
| Profit After Tax | 5.13 | 3.10 | 2.64 |
| NET Worth | 32.57 | 27.44 | 17.12 |
| Total Borrowing | 29.36 | 30.02 | 25.38 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 17.09% |
| ROCE | 30.28% |
| RoNW | 15.74% |
| PAT Margin | 1.57% |
| Price to Book Value | 1.79 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.22 | 2.31 |
| P/E (x) | 11.81 | 16.47 |
| Promoter Holding | 92.15% | 66.08% |
| Market Cap | โน84.42 Cr. | |