RAJPUTANA INDUSTRIES LIMITED (NSE SME)

Jul 30, 2024 - Aug 1, 2024

Price ₹36 - ₹38
Premium ₹45
Lot size 3000
Allotment Aug 2, 2024
Listing Aug 6, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 3000 114000 670
HNI 2 6000 228000 300

Last updated on 01-Aug-2024 17:01:01

CategoryOfferedAppliedTimes
QIB1074000191112000177.94
NIB900000376518000418.35
RETAIL20100001054476000524.61
EMPRET30000840002.8
SHARET30000020010006.67
Total43140001624191000376.49
Retail Apps351492© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹21.34
@8%
₹24.39
@9%
₹27.44
@10%
₹30.49
@11%
₹33.54
@12%
₹36.59
About

IPO Reservations

Investor CategoryShares OfferedNo. of Shares
Retail31.98%2010000
NII (HNI)14.32%900000
Anchor25.63%1611000
QIB17.09%1074000
Employee's
 Reservation
0.48%30000
Shareholder's
 Reservation
4.77%300000
Market Maker5.73%360000
Total 100.00%6285000

IPO Details

Issue Size62,85,000 Shares up to 23.88 Crores
Fresh Issue62,85,000 Shares up to 23.88 Crores
Issue TypeBook Built Issue
Listing AtNSE SME
Share hoding Pre Issue1,53,30,000
Share hoding Post Issue22,215,000
Market Maker's Portion

360,000 shares

Holani Consultant

Key Performance Indicators

KPIMar-24Mar-23Mar-22
ROE17.09%13.90%16.70%
ROCE30.28%22.67%27.35%
RONW15.74%11.29%15.40%
EPS
(basic)
3.342.191.87
P/E
Pre IPO
11.81
P/E
Post IPO
16.47

Financial Statement (Restated)

Period EndedMar-24Mar-23Mar-22
Assets14,974.8111,781.2710,236.66
Revenue32,701.2925,524.9824,450.96
Profit After Tax512.64309.67263.77
Net Worth3,257.202,743.851,712.39
Total Borrowing2,936.303,001.612,537.98
Amount in Lakhs

About Company

Rajputana Industries specializes in manufacturing a diverse range of non-ferrous metal products, primarily using Copper, Aluminium, Brass, and various alloys sourced from recycled scrap metal. The scrap metal, procured from open markets, is transformed into billets at its in-house manufacturing unit located at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan. These billets are either sold to various manufacturing companies or utilized in the production of Copper rods, Aluminium rods, Copper mother tubes, brass wires, super enameled copper conductors, and other related products. The company's offerings, including wires, tubes, bars, billets, and rods, are manufactured in diverse shapes and sizes to meet customer specifications and market demand. As of March 31, 2023, Rajputana Industries has an annual installed capacity for all products totaling 9,860 MT. Its well-equipped manufacturing facilities feature advanced technology, plant machinery, and an in-house quality control lab with testing equipment to ensure the high quality of its products. The product portfolio encompasses a wide range of Copper, Aluminium, and Brass rods, billets, strips, wires, and tubes, tailored to meet diverse industry needs and customer requirements.

Lead Manager(s)

HOLANI CONSULTANTS PRIVATE LIMITED

 Website: www.holaniconsultants.co.in

Email: ipo@holaniconsultants.co.in Investor

Grievance ID: complaints.redressal@holaniconsultants.co.in

Strength

Experienced Management and Qualified Workforce: The company benefits from a skilled and knowledgeable senior management team and workforce.

Strong Client Relationships: Long-standing relationships with existing clients enhance business stability and customer loyalty.

Quality Focus: A strong emphasis on quality ensures high standards in product manufacturing, meeting customer expectations and industry requirements.

Weakness

Conflict of Interest: Promoters or Directors involved in similar ventures could lead to real or potential conflicts of interest, affecting business decisions.

Negative Working Capital: Operating with negative working capital in fiscal years 2021 and 2022 may hinder the company's ability to meet its working capital requirements, adversely impacting operations.

Underutilized Manufacturing Capacity: The company may not reach its installed manufacturing capacity or effectively utilize expanded capacities, potentially affecting productivity and financial performance.

Registrar

BIGSHARE SERVICES PRIVATE LIMITED

Website: www.bigshareonline.com