SP Refactories IPO will be Open on 09 March 2022 and closes on 11 March 2022. The company has fixed the price of this IPO at ₹90 according to the face value of ₹10. The company will raise ₹4.92 Crores through this IPO under the 5,47,200 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know SP Refactories IPO GMP and SP Refactories IPO subscription status here.
SP Refractories Limited is engaged in manufacturing and supplying Refractory Material made using hydrated lime, Calcined Alumina and other raw materials. Our core focus is on refractory cement which is a niche and high margin cement widely used in iron & steel and construction industries because of its thermal conductivity, Maximum strength and Heat resistance.
The Copany manufacturing capacity of 4000 MT per year and Clinkers crushing capacity of 6000 MT per year. one Manufacturing facility at M- 10, MIDC, Hingna, Nagpur and the adjoining premise M- 11-1 & M-11-2, MIDC, Hingna, Nagpur is being used as Godown and storage facility. The manufacturing facility is located in MIDC which is well-developed industrial area of Nagpur.
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SP Refactories IPO Review :
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SP Refactories IPO GMP Live:
SP Refactories IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 11 Mar 2022 | ₹0-₹0 | ₹0 |
| 10 Mar 2022 | ₹0-₹0 | ₹0 |
| 09 Mar 2022 | ₹0-₹0 | ₹0 |
| 08 Mar 2022 | ₹0-₹0 | ₹0 |
SP Refactories IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price offer |
| IPO Open : | 09 Mar 2022 |
| IPO Close : | 11 Mar 2022 |
| IPO Size : | ₹4.92. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹90 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹4.92. Cr |
| Fresh Issue : | ₹2.68. Cr |
| Offer For Sale : | ₹2.25. Cr |
SP Refactories IPO Market Lot :
SP Refactories IPO Minimum Market lot is 1 Lot with 1600 shares with ₹-144,000 Application amount. The retail investors can apply up to 1 lots with 1600 Shares or ₹144,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 1600 Shares |
| Minimum Amount : | ₹144,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 1600 Shares |
| Maximum Amount : | ₹144,000 |
SP Refactories IPO Shares Offer :
A Total of 5,47,200 shares are to be bid for the public issue by SP Refactories IPO with 2,97,600 for Fresh issue and 2,49,600 for offer for sale – Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 2,97,600 | ₹2.68 Cr |
| Offer For Sale : | 2,49,600 | ₹2.25 Cr |
| Total : | 5,47,200 Eq Shares | ₹4.92 Cr |
SP Refactories IPO Reservation :
SP Refactories IPO Total Reservation of 5,47,200 shares are to be bid for the public issue by SP Refactories IPO with – for QIB and 2,59,200 for NII 2,59,200 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | % | – | ₹ |
| NII : | 50% | 2,59,200 | ₹2.33 Cr |
| RII : | 50% | 2,59,200 | ₹2.33 Cr |
| MMRP : | – % | 28,800 | ₹25.92 L |
| Total : | 100% | 5,47,200 | ₹4.92 Cr |
SP Refactories IPO Dates :
SP Refactories IPO Date is 09 Mar 2022 and closes on 11 Mar 2022. The allotment will be finalized on 16 Mar 2022 and the IPO may list on 22 mar 2022.
| Issue Open Date : | 09 Mar 2022 |
| Issue Close Date : | 11 Mar 2022 |
| Allotment Date : | 16 Mar 2022 |
| Refund Date : | 17 Mar 2022 |
| Share Credit Date : | 21 Mar 2022 |
| Listing Date : | 22 Mar 2022 |
SP Refactories IPO Form :
There are two ways to apply in SP Refactories IPO. You can apply for SP Refactories IPO through ASBA available in your bank account. You have to go to your online bank login and select SP Refactories IPO in the Invest section and apply through your bank account. Another option is you can apply SP Refactories IPO through IPO form download through NSE and BSE. See the SP Refactories IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
SP Refactories Company Financial Report (Lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹1,447.64 | ₹1,338.53 | ₹80.74 |
| 2021 | ₹2,572.48 | ₹2,467.94 | ₹75.35 |
| 2020 | ₹2,099.59 | ₹2,044.36 | ₹39.93 |
| 2019 | ₹1,855.95 | ₹1,827.82 | ₹20.59 |
About SP Refactories Company
SP refractory is engaged in the manufacturing and supplying of high quality refractory material. Made using premium grade cement,aggregates and other raw material,the final product is used by iron,steel and construction industries. Furthermore,we are acknowledged among the clients for our customised solutions and large product lines.
The company healthy client base due to our quality product, customized solutions and large product line. We have clinkers manufacturing capacity of 4000 MT per year and Clinkers crushing capacity of 6000 MT per year. We get clinkers manufactured from outsider on job work basis and thereafter process of crushing the clinkers, blending and packing of refectory cement in powder form carries out in our manufacturing facility for excess capacity of crushing. Further, as and when required we purchase clinkers from third party and carry out process of crushing the clinkers, blending and packing of refectory cement in powder form to utilize our excess capacity of crushing.
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Our Company has manufacturing unit for the manufacture of its products located at M- 10, MIDC, Hingna, Nagpur440016, Maharashtra, India.
- Well-developed industrial area having basic infrastructure facilities like power & water available locally;
- Availability of cheap labour from nearby surrounding areas;
- Proximity to Nagpur, which is one of the major market hubs in India.
- Raw materials sourced are easily available and / or deliverable from the manufacturers / third party jobworkers located in Rajasthan, Karnataka and Madhya Pradesh to our Unit. Thus, procurement of raw materials is less time consuming and comparatively cheaper due to savings on time and freight
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Company Strengths
- Experienced Promoter and management team with strong industry expertise and successful track record
- Long Standing Relationship with key Customers & Suppliers:
- Strong Balance Sheet and Financial Condition
- Quality Assurance
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Company Promoters :
■ Namita Prabodh Kale
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
SP Refactories IPO Lead Managers :
■ Aryaman Financial Services limited
SP Refactories IPO Registrar :
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 22 6263 8200
Investor Grievance Email:[email protected]
Email:[email protected]
Website:www.bigshareonline.com
Note: Check SP Refactories IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
SP Refractories Private Limited
M-10, M-11/1 & M-11/2, MIDC Industrial Area,
Hingna Road, Nagpur – 440016.
Tel No.: 07104-235388/07104-235399
Email ID:[email protected]
Website:www.sprefractories.com
SP Refactories IPO FAQs :
What is SP Refactories IPO?
SP Refactories IPO is SME IPO. They are going to raise ₹4.92. Crores via IPO. The issue is priced at ₹90 per equity share. The IPO to be listed on NSE, SME.
When SP Refactories IPO will open?
The IPO is to open on 09 Mar 2021 and closes on 11 Mar 2022 for QIB, NII & RII.
What is SP Refactories IPO Size?
SP Refactories IPO size is ₹4.92 Crores.
What is the Fresh issue size of SP Refactories IPO?
The Fresh issue size of SP Refactories IPO ₹2.68 Cr.
What is the Offer For Sale size of SP Refactories IPO?
The Offer For Sale size of SP Refactories IPO ₹2.25 Cr.
What is SP Refactories IPO Price Band?
SP Refactories IPO Price Band is ₹90 Per share.
What is SP Refactories IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹144,000 amount while the maximum bid is 1600 shares with ₹144,000.
What is SP Refactories IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is SP Refactories IPO Allotment Date?
SP Refactories IPO allotment date is 16 Mar 2022.
What is SP Refactories IPO Listing Date?
SP Refactories IPO listing date is 22 Mar 202. The IPO to list on NSE, SME.
How to Apply the SP Refactories IPO through Zerodha?
“NSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “SP Refactories IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the SP Refactories IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “SP Refactories IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the SP Refactories IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “SP Refactories IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the SP Refactories IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “SP Refactories IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
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