Refractory Shapes Limited IPO Allotment Status, Subscription and IPO Details

Refractory Shapes Limited IPO prices shares between ₹27 to ₹31, face value ₹10. Offering 4000 share lots, with allotment on May 10, 2024. Bids are accepted in lot multiples.
Refractory Shapes Limited IPO Allotment Status, Subscription and IPO Details

Refractory Shapes Limited IPO Allotment Status 

The allotment date for the Refractory Shapes Limited IPO is set for May 10, 2024, with shares priced range of ₹27 to ₹31 per share and a face value of ₹10. The offering consists of lots of 4000 shares, with bids accepted for these lots or their multiples. 

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Refractory Shapes Limited IPO Allotment Status Check 

To ascertain their allocation status for the Refractory Shapes Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Bigshare Services’s website.

IPO Allotment Status BSE 

Here are steps to check Refractory Shapes Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Refractory Shapes Limited from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Refractory Shapes Limited IPO allotment status on Bigshare Services’s website

Step 1: Visit IPO registrar website – Bigshare Services

Step 2: Select ‘Refractory Shapes Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Refractory Shapes Limited IPO allotment status will be reflected on the screen.

Refractory Shapes Limited IPO GMP Today

The Refractory Shapes Limited IPO GMP (Grey Market Premium) is ₹16 as of May 9.

Refractory Shapes Limited IPO Subscription Status

Refractory Shapes Limited IPO maintains momentum on Day 3, boasting a substantial subscription rate of 35.56x. This strong interest from investors underscores confidence in Refractory Shapes’ offering, positioning the company for a promising market debut.

Refractory Shapes Limited IPO Details

The Refractory Shapes IPO aims to raise ₹18.60 crore through the issuance of 6 million equity shares priced at ₹10 each, without an offer-for-sale component. The funds are designated for capital expenditures including the purchase of plant and machinery, and civil construction for a new manufacturing unit in Wankaner, Gujarat. Additional uses include acquiring a commercial vehicle and general corporate purposes.

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