F-269-B, Road No. 13, VKIA, Jaipur Rajasthan 302013 India Sonal Jain,
Company Secretary and Compliance Officer
Email: cs@rajputanaindustries.com
Tel No: +91 9588841031
Website: www.rajputanaindustries.com
Last updated on 01-Aug-2024 17:01:01
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1074000 | 191112000 | 177.94 |
| NIB | 900000 | 376518000 | 418.35 |
| RETAIL | 2010000 | 1054476000 | 524.61 |
| EMPRET | 30000 | 84000 | 2.8 |
| SHARET | 300000 | 2001000 | 6.67 |
| Total | 4314000 | 1624191000 | 376.49 |
| Retail Apps | 351492 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹21.34 | @8% ₹24.39 | @9% ₹27.44 | @10% ₹30.49 | @11% ₹33.54 | @12% ₹36.59 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 114000 | 670 |
| HNI | 2 | 6000 | 228000 | 300 |
IPO Reservations
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 31.98% | 2010000 |
| NII (HNI) | 14.32% | 900000 |
| Anchor | 25.63% | 1611000 |
| QIB | 17.09% | 1074000 |
| Employee's Reservation | 0.48% | 30000 |
| Shareholder's Reservation | 4.77% | 300000 |
| Market Maker | 5.73% | 360000 |
| Total | 100.00% | 6285000 |
IPO Details
| Issue Size | 62,85,000 Shares up to 23.88 Crores |
| Fresh Issue | 62,85,000 Shares up to 23.88 Crores |
| Issue Type | Book Built Issue |
| Listing At | NSE SME |
| Share hoding Pre Issue | 1,53,30,000 |
| Share hoding Post Issue | 22,215,000 |
| Market Maker's Portion | 360,000 shares Holani Consultant |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 17.09% | 13.90% | 16.70% |
| ROCE | 30.28% | 22.67% | 27.35% |
| RONW | 15.74% | 11.29% | 15.40% |
| EPS (basic) | 3.34 | 2.19 | 1.87 |
| P/E Pre IPO | 11.81 | ||
| P/E Post IPO | 16.47 |
Financial Statement (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 14,974.81 | 11,781.27 | 10,236.66 |
| Revenue | 32,701.29 | 25,524.98 | 24,450.96 |
| Profit After Tax | 512.64 | 309.67 | 263.77 |
| Net Worth | 3,257.20 | 2,743.85 | 1,712.39 |
| Total Borrowing | 2,936.30 | 3,001.61 | 2,537.98 |
| Amount in Lakhs | |||
About Company
Rajputana Industries specializes in manufacturing a diverse range of non-ferrous metal products, primarily using Copper, Aluminium, Brass, and various alloys sourced from recycled scrap metal. The scrap metal, procured from open markets, is transformed into billets at its in-house manufacturing unit located at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan. These billets are either sold to various manufacturing companies or utilized in the production of Copper rods, Aluminium rods, Copper mother tubes, brass wires, super enameled copper conductors, and other related products. The company's offerings, including wires, tubes, bars, billets, and rods, are manufactured in diverse shapes and sizes to meet customer specifications and market demand. As of March 31, 2023, Rajputana Industries has an annual installed capacity for all products totaling 9,860 MT. Its well-equipped manufacturing facilities feature advanced technology, plant machinery, and an in-house quality control lab with testing equipment to ensure the high quality of its products. The product portfolio encompasses a wide range of Copper, Aluminium, and Brass rods, billets, strips, wires, and tubes, tailored to meet diverse industry needs and customer requirements.
Strength
Experienced Management and Qualified Workforce: The company benefits from a skilled and knowledgeable senior management team and workforce.
Strong Client Relationships: Long-standing relationships with existing clients enhance business stability and customer loyalty.
Quality Focus: A strong emphasis on quality ensures high standards in product manufacturing, meeting customer expectations and industry requirements.
Weakness
Conflict of Interest: Promoters or Directors involved in similar ventures could lead to real or potential conflicts of interest, affecting business decisions.
Negative Working Capital: Operating with negative working capital in fiscal years 2021 and 2022 may hinder the company's ability to meet its working capital requirements, adversely impacting operations.
Underutilized Manufacturing Capacity: The company may not reach its installed manufacturing capacity or effectively utilize expanded capacities, potentially affecting productivity and financial performance.