Rajputana Industries’ initial public offering (IPO) will start on July 30. Rajputana Industries, a SME, intends to generate ₹23.88 crores through an initial public offering. Rajputana Industries’ IPO pricing range, with a market lot of 3000 shares, is ₹36 to ₹38. Producing a large range of non-ferrous metal products, primarily from recycled scrap metal, such as brass, copper, aluminum, and different alloys, is Rajputana Industries Limited’s primary business activity. In their in-house manufacturing facility in SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan, they collect scrap metal from open markets and employ recycling to turn it into billets made of metals like copper, brass, or aluminum, among others.
Rajputana Industries IPO Details
IPO Open Date | July 30, 2024 |
IPO Close Date | August 1, 2024 |
IPO Size | 6,285,000 Shares (aggregating upto ₹23.88 Cr) |
Face Value | ₹10 per Share |
Price Band | ₹36 to ₹38 per Share |
Listing at | NSE SME |
Listing Date | August 6, 2024 |
IPO Allotment Status Check
- By utilizing the Bigshare URL, https://ipo.bigshareonline.com/ipo_status.html, you may quickly enter your login credentials.
- From the list, choose “Rajputana Industries IPO.”
- Select “CAF No., Application No., or Beneficiary ID.”
- You only need to click “Search” to finish the process.
About Rajputana Industries Limited
Rajputana Industries Limited is a manufacturer of various nonferrous metal goods, primarily made of copper, brass, aluminum, and various alloys obtained from recycling waste metal. They gather scrap metal from public marketplaces and recycle it into billets made of brass, copper, and aluminum.
After being created from recycled scrap metal, these billets are either sold to other producers or utilized to create a wide range of products, including copper conductors with super enamel, aluminum conductors, brass wires, copper mother tubes, and much more. There are numerous diameters and shapes available for these wires; bars, billets, tubes, and rods.