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Rajputana Industries SME IPO Details, Financials, Valuation & Peers
By IPOBase •Last Updated on
Get everything you need to know about the Rajputana Industries IPO. Explore Rajputana Industries IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Status
Listed
Biding Dates
30 Jul - 01 Aug 2024
Price Range
₹ 36 - 38
Issue Size
Approx ₹ 23.88 crore
Listed Price
₹72.290.00%
Overview
Rajputana Industries Limited, established in 2011, is a prominent player in the non-ferrous metal manufacturing sector based in Jaipur, Rajasthan. Rajputana Industries specializes in recycling scrap metal to produce a diverse range of products including copper, aluminum, brass billets, and various alloys. The company's manufacturing operations are centered around producing high-quality wires, tubes, rods, and billets for applications across multiple industries. Rajputana Industries is also set to expand its portfolio with the introduction of a new cable manufacturing plant aimed at serving the construction industry.
Key Points:
- Manufacturing Focus:
- Specializes in recycling scrap metal to produce copper, aluminum, brass billets, and alloys.
- Manufactures a wide range of products including rods, wires, tubes, billets, and brass wires.
- Annual installed capacity of 9,860 MT as of March 31, 2023.
- Product Expansion:
- Plans to enter the cable manufacturing sector with a focus on construction-related cables, including residential and submersible cables.
- Investment of ₹5.88 Cr for the new cable plant, expected to be operational by September 2024 with an annual capacity of 13,000 Kw.
- Acquisition: Acquired by Shera Energy Limited in 2017 to leverage forward integration, enhancing the production of winding wires and strips from copper and aluminum.
Objects of the Issue
- Funding the Working capital requirements of the Company
- Purchase of Grid Solar Power Generating System
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 30 Jul - 01 Aug 2024 |
| IPO Price Band | ₹ 36 - 38 per share |
| Fresh Issue | 62,85,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 23.88 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 30 Jul 2024 |
| IPO Closing Date | 01 Aug 2024 |
| Basis Of Allotment | 02 Aug 2024 |
| Refunds | 05 Aug 2024 |
| Demat Transfer | 05 Aug 2024 |
| IPO Listing Date | 06 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 185.33 | 244.51 | 255.25 | 327.01 |
| Total Expenses | 184.47 | 240.98 | 251.06 | 320.14 |
| Net Profit/Loss | 0.28 | 2.64 | 3.10 | 5.13 |
| NPM (*) | 0.15 | 1.08 | 1.22 | 1.57 |
| Total Assets | 89.03 | 102.37 | 117.81 | 149.75 |
| Total Liabilities | 74.55 | 85.24 | 90.37 | 117.18 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 0.20 | 1.87 | 2.19 | 3.34 |
| ROE (%) | 1.97 | 16.70 | 13.90 | 17.09 |
| ROCE (%) | 20.93 | 27.35 | 22.67 | 30.28 |
| D/E Ratio | NA | NA | NA | NA |
| Current Ratio | 0.80 | 0.90 | 1.09 | 1.08 |
| EBITDA MARGIN (%) | 4.94 | 4.92 | 5.10 | 5.56 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Rajputana Industries Limited | 326.51 | 11.38 | 3.34 | 15.74 | 21.25 |
| Nupur Recyclers Limited | 180.82 | 62.14 | 1.54 | 12.32 | 12.48 |
| Baheti Recycling Limited | 429.34 | 40.20 | 6.94 | 17.30 | 40.15 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 177.94 |
| Non-Institutional Investor (NII/HNI) | 417.95 |
| Retail Individual Investor (RII) | 524.61 |
| Total | 376.41 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- Shera Energy Limited
- Isha Infrapower Private Limited
- Mr. Sheikh Naseem
- Mrs. Shivani Sheikh
Lead Managers
- Holani Consultants Private Limited
Company Address
Rajputana Industries Limited
F-269-B, Road No. 13, VKIA, Jaipur Rajasthan 302013 India
Phone: +91 9588841031
Email: cs@rajputanaindustries.com
Website: www.rajputanaindustries.com
FAQs
- What is the issue size of the Rajputana Industries SME IPO?The Rajputana Industries SME IPO has an issue size of Approx ₹ 23.88 crore. This includes a fresh issue of 62,85,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Rajputana Industries IPO?The price band for the Rajputana Industries IPO is ₹ 36 - 38 per share.
- What are the bidding dates for the Rajputana Industries IPO?The Rajputana Industries IPO will open for bidding on 30 Jul 2024 and close on 01 Aug 2024.
- What is the allotment date for the Rajputana Industries IPO?The allotment date for the Rajputana Industries IPO is 02 Aug 2024.
- What is the listing date for the Rajputana Industries IPO?The listing date for the Rajputana Industries IPO is 06 Aug 2024.
- What is the Rajputana Industries IPO grey market premium?The grey market premium (GMP) for the Rajputana Industries IPO is currently at ₹45, with an expected listing gain of approximately 118.42%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.