Refractory Shapes Limited IPO
Refractory Shapes Limited was a SME IPO in the Electrodes & Refractories sector, offered at ₹27–₹31 per share to raise ₹19 crore. It listed on 14 May 2024 at ₹75 and closed its first day at ₹79, a listing gain of +154.0% versus the ₹31 issue price. It now trades around ₹45 (+44.0% versus the issue price).
Frequently asked questions
- What were the Refractory Shapes Limited IPO listing gains?
- Refractory Shapes Limited listed on 14 May 2024 at ₹75, closing its first day at ₹79 — a listing gain of +154.0% versus the ₹31 issue price.
- What was the price band and lot size of the Refractory Shapes Limited IPO?
- The price band was ₹27–₹31 per share, with a minimum lot of 4,000 shares (₹1,24,000 at the upper band).
- Who were the registrar and lead manager for the Refractory Shapes Limited IPO?
- Bigshare Services Private Limited was the registrar, and Shreni Shares was the book-running lead manager.