Refractory Shapes IPO - Apply or Avoid? | Refractory Shapes Limited IPO Review | SME IPO

Refractory Shapes IPO has opened for subscription today (6 May 2024) and will close on 9 May 2024. Is Refractory Shapes IPO worth investing in or should you avoid it? In this Refractory Shapes IPO details video we will answer this question for you. This Refractory Shapes IPO Analysis video covers points like what this company is about, where they will use IPO funds, PAT growth, top line, opportunity to get new projects and more! We hope you found this Refractory Shapes IPO Review video informative. For more SME IPO review videos like this, subscribe to Planify!

About Refractory Shapes:

Refractory Shapes, based in Jamnagar, India, is a company focused on the renewable energy sector. They act as an integrated engineering, procurement, construction, and commissioning company, providing Balance of Plant (BoP) solutions for both wind and solar power generation. This means they handle various tasks involved in setting up renewable energy plants, excluding the core power-generating equipment. They also manufacture a range of refractory products, including bricks, castables, and ceramic balls, which are known for their heat resistance and are likely used in various industrial applications.

Additional Refractory Shapes IPO Details:

Refractory Shapes IPO price band is set at ₹27 to ₹31 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹124,000. The minimum lot size investment for HNI is 2 lots (8,000 shares) amounting to ₹248,000.

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