Electrodes & Refractories IPOs

4 Electrodes & Refractories IPOs have come to market (2022–2025), raising a combined ₹142 crore. They have averaged a +56.3% listing gain (median +70.0%), and 100% closed their debut above the issue price. The strongest debut was Refractory Shapes Limited (+154.0%); the weakest was SP Refractories Limited (+0.1%).