| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹4.92 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹4.92 Cr |
| Fresh Issue | ₹2.42 Cr |
| Offer for Sale | ₹2.25 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹90.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SPRL |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Aryaman Financial Services Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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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: 1,600 shares and in multiples thereof
SP Refractories Ltd manufactures and supplies refactory material made using hydrated lime, Calcined Alumina, and other raw materials. Refractory cement is its core focus that is widely used in steel & construction industries because of high thermal conductivity, maximum strength, and heat resistance. The company purchases clinkers from outsiders and thereafter crushes, blend, and pack refractory cement in powder form in its manufacturing facility.
Its manufacturing facility are situated in Hingna, Nagpur. The business has a total clinkers manufacturing capacity of 4000 MT per year and clinkers crushing capacity of 6000 MT per year.
Competitive strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working Capital Requirement | 2.21 |
| 2 | General Corporate Purpose | 0.17 |
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 12.32 | 10.57 | 8.98 | 7.92 |
| Total Income | 14.48 | 25.72 | 21.00 | 18.56 |
| Profit After Tax | 0.81 | 0.75 | 0.40 | 0.21 |
| EBITDA | 1.34 | 1.49 | 1.22 | 0.90 |
| NET Worth | 5.48 | 4.67 | 3.92 | 3.52 |
| Reserves and Surplus | 3.99 | 3.18 | 3.42 | 3.02 |
| Total Borrowing | 3.95 | 3.79 | 4.13 | 3.75 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| Debt / Equity | 0.81% |
| RoNW | 16.13% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 5.05 | |
| P/E (x) | 9.94 | |
| Promoter Holding | 100% | 69.42% |
| Market Cap | ₹16.11 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Offer Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.38 |
| 2 | Brokerage and selling commission | 0.01 |
| 3 | Printing & Stationery, Distribution, Postage, etc. | 0.02 |
| 4 | Advertisement and Marketing Expenses | 0.02 |
| 5 | Stock Exchange Fees, Regulatory and other Expenses | 0.07 |
Last Updated on 25-Jun-2026 14:22:24