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SP Refractories IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Nagpur and caters to Cement sector. Aryaman Financial Services is the merchant banker of SP Refractories IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th January 2022.
SP Refractories IPO open date is 9th March 2022 and close date is 11th March 2022. IPO Allotment Date is 16th March 2022 and Listing date is 22nd March 2022.
IPO
Size:
₹ 4.92 Cr.
Avg IPO Size (Sector Based)
: ₹
4.92 cr.
Sector: Cement
SME
IPO so far:
1
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Nagpur
SME
IPO so far:
17
Revenue (annualised):
₹
28.96
cr. 
PE
Ratio:
9.94x
Average Sector PE Ratio: 9.94x
SP Refractories IPO size is ₹ 4.92 Cr. with IPO price of ₹ 90.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the SP Refractories IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Aryaman Capital Market Limited for SP Refractories IPO.
SP Refractories IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
SP Refractories IPO, based in Nagpur, operates in the Cement sector with a focus on Manufacturing and supplying Refractory Material. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. SP Refractories IPO size is ₹ 4.92 Cr. with fresh issue size of ₹ 2.68 Cr. and Offer for sale being ₹ 2.24Cr.
The IPO allotment date for SP Refractories IPO is expected to be 16th March 2022, after the finalization of basis of allotment. Investors can check SP Refractories IPO allotment status on the registrars website, Bigshare Services Private Limited. SP Refractories IPO refund dates are 17th March 2022.
SP Refractories IPO is expected to be listed on 22nd March 2022.
The upper price band for the SP Refractories IPO is set at ₹ 90.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on SP Refractories IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the SP Refractories IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th March 2022. After submission, funds are blocked until the basis of allotment of SP Refractories IPO is finalised.
The merchant banker for SP Refractories IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the SP Refractories IPO RHP for further details.
The registrar for SP Refractories IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to SP Refractories IPO through their official website or helpline.
SP Refractories IPO was subscribed 7.24 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.92 Cr.
Avg IPO Size (Sector Based)
:
₹ 4.92 Cr.
Sector: Cement
SME
IPO so far:
1
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Nagpur
SME
IPO so far:
17
Revenue (annualised):
₹ 28.94 cr.
PE
Ratio:
9.94x
Average Sector PE Ratio: 9.94x
SP Refractories IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on SP Refractories Financial Review Page
Merchant Banker(s) of SP Refractories IPO: Aryaman Financial Services Limited
SP Refractories IPO subscription was 7.24 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
SP Refractories IPO listed at a listing price of 90.10 against the offer price of 90.00.
The current market price of SP Refractories is 110.00.
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