SP Refractories IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About SP Refractories
- Important Details – SP Refractories
- Objects of the Issue
- SP Refractories Limited Financials:
- SP Refractories IPO Price – Details
- SPRL IPO DRHP & RHP
- SPRL IPO Lot Size
- SPRL IPO Lead Managers
- SP Refractories IPO Registrar
- SP Refractories IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- SP Refractories IPO – FAQS
About SP Refractories
SP Refractories Limited is engaged in manufacturing and supplying Refractory Material made using hydrated lime, Calcined Alumina and other raw materials. The 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 company began its operations in the year 2007 with manufacturing of refractory cement and castables. Before incorporation of the company, Late Sri. Prabodh Kale, was running the established business of refractory cement in a partnership firm named Shanark Industries based out of Nagpur. Post his demise, his wife; Namita Kale took the business activities forward under SP Refractories Limited as the promoter along with her daughters Shweta Kale and Prajakta Kale.
Important Details – SP Refractories
| Date | Details |
|---|---|
| January 18, 2007 | The company was incorporated as SP Refractories Private Limited |
| October 11, 2021 | The status of the company was changed to public limited and the name of the Company was changed to SP Refractories Limited |
Objects of the Issue
- Funding Working Capital Requirement
- General Corporate Purpose
SP Refractories Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 1,057.17 | 898.33 | 792.01 |
| Total income | 2,572.48 | 2,099.59 | 1,855.95 |
| Total Expenses | 2,467.94 | 2,044.36 | 1,827.82 |
| Profit After Tax | 75.35 | 39.93 | 20.59 |
SP Refractories IPO Price – Details
| Description | SPRL IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 5,47,200 Equity Shares aggregating up to ₹ 492.48 Lakhs |
| Issue Open Date | 09-Mar-22 |
| Issue Close Date | 11-Mar-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 90 |
| Face Value | ₹ 10 |
| Market Lot | 1600 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1600 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | SPRL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
SPRL IPO DRHP & RHP
SPRL IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1600 | ₹ 1,44,000 |
| Maximum | 1 | 1600 | ₹ 1,44,000 |
SPRL IPO Lead Managers
- Aryaman Financial Services Limited
SP Refractories IPO Registrar
SP Refractories IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 09-Mar-22 |
| Bid / Offer Closes on | 11-Mar-22 |
| Finalisation of Basis of Allotment | 16-Mar-22 |
| Initiation of refunds | 17-Mar-22 |
| Credit of the Equity Shares | 21-Mar-22 |
| Listing Date | 22-Mar-22 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) | PE Ratio | NAV, as on March 31, 2021 (₹ per share) |
| SP Refractories Limited | 10 | 5.41 | 16.63 | 36.02 |
| Morganite Crucible (India) Ltd | 5 | – | – | 182.92 |
| Rhi Magnesita India Ltd | 1 | 8.44 | 43.45 | 66.71 |
| IFGL Refractories Limited | 10 | 12.44 | 25.29 | 155.14 |
| Rassi Refractories Limited | 10 | 0.75 | 18 | 53.15 |
Company Registered Office
M-10, M-11/1 & M-11/2,
MIDC Industrial Area,
Hingna Road,
Nagpur- 440016.
Website: www.sprefractories.com
Company Promoters
- Namita Prabodh Kale,
- Shweta Prabodh Kale
- Prajakta Prabodh Kale
SP Refractories IPO – FAQS
What is the SPRL IPO Price?
The SPRL IPO price band is 90 per share
When SP Refractories IPO will open?
The SPRL IPO opens on Mar 09, 2022 and closes on Mar 11, 2022
What is the lot size of SP Refractories IPO?
The SP Refractories IPO lot size is 1600 Equity Shares and the minimum order quantity is 1600 Equity Shares
Who is the Registrar for SP Refractories IPO?
Who is the Registrar for SP Refractories IPO?
How to apply in SP Refractories IPO through UPI?
Check the step by step process here – Click here
How to apply in SP Refractories IPO through Zerodha?
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