Issue Price
₹90
Per Share
GMP
NIL
Grey Market
Est. Listing
₹90
Expected Price
Min. Application
₹288,000
2 lots × 1600 shares
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 strengthsExperienced promoters and management team with successful track record.Long standing relationship with customers and suppliers.Strong balance sheet and financial track record.Strategically located manufacturing facility in Nagpur.
SP Refractories Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 28,800 | — | ₹0.26 Cr | — |
| TOTAL | 547,200 | 100.00% | ₹4.92 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹144,000 |
| Retail (Max) | 13 | 20,800 | ₹1,872,000 |
| sNII (Min) | 14 | 22,400 | ₹2,016,000 |
| bNII (Min) | 68 | 108,800 | ₹9,792,000 |
| Particulars | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 1447.64 | 2572.48 | 2099.59 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 80.74 | 75.35 | 39.93 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1232.20 | 1057.17 | 898.33 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |