The IPO for Rajputana Industries will begin on July 30. Using an IPO, Rajputana Industries, a SME, hopes to raise ₹23.88 crores. The IPO price range for Rajputana Industries is set at ₹36 to ₹38, with a market lot of 3000 shares. The main line of business for Rajputana Industries Limited is the production of a wide variety of non-ferrous metal goods, mostly made from recycled scrap metal, including copper, brass, aluminum, and various alloys.
They obtain scrap metal from open markets and use recycling in their in-house manufacturing facility located at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan, to transform it into billets consisting of metals like copper, brass, or aluminum, among others.
Rajputana Industries IPO Details (Price, GMP)
| IPO Open Date | July 30, 2024 |
| IPO Close Date | August 1, 2024 |
| IPO Size | Approx ₹23.88 Crores, 6,285,000 Equity Shares |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹36 to ₹38 Per Equity Share |
| IPO Listing on | NSE SME |
| IPO Listing Date | August 6, 2024 |
| Article Category | IPO |
Rajputana Industries IPO allotment status check
- You can instantly enter your login credentials by using the Bigshare URL, https://ipo.bigshareonline.com/ipo_status.html.
- Select “Rajputana Industries IPO” from the list.
- Choose “PAN Number, Beneficiary ID, or Application No./CAF No.”
- To complete the process, just click “Search.”
About Rajputana Industries
Rajputana Industries Limited manufactures a wide range of nonferrous metal products largely from copper, aluminum, brass, and different alloys derived from scrap metal recycling. They collect scrap metal from open markets and recycle it into billets consisting of metals like as aluminum, copper, and brass in their in-house production facility located at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan.
Once these billets are made from recycled scrap metal, they are either sold to other manufacturers or used to make items such as copper rods, aluminum rods, copper mother tubes, brass wires, super enameled copper conductors, and many more. These wires, tubes, bars, billets, and rods come in a variety of shapes and sizes.
Conclusion
Investing in Rajputana Industries Limited’s initial public offering (IPO) may yield advantages based on the company’s financial and other aspects. But please remember to invest at your own risk and only after giving it serious thought. This page will continue to provide updates on Rajputana Industries’ IPO GMP (Grey Market Premium) and listing price.
