Jajoo Rashmi Refractories Limited IPO

Jajoo Rashmi Refractories Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹0.00

Total Issue

₹150.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

Jajoo Rashmi Refractories Limited is a long-established manufacturer and exporter of ferro alloys—ferro silicon, ferro manganese, and silico manganese—used as key raw materials in steel production. It also produces a range of refractory products that resist high temperatures without degrading. With over 20 years of operational history, the company runs three manufacturing units in Jaipur, Kalyaneshwari, and Kandla SEZ. Export is the primary revenue driver, with a global footprint across 29 countries in regions including the Middle East, Africa, South and East Asia, and Europe.

Objects of Issue

  1. Part finance the cost of establishing new manufacturing facilities to expand our production capabilities
  2. Funding working capital requirements of our Company
  3. General Corporate Purposes

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Jajoo Rashmi Refractories IPO
Particulars Jun-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 117.45 334.03 306.80 233.40
Profit after Tax 6.39 24.28 22.92 8.77
Net Worth 85.43 77.26 49.74 26.82
Total Borrowing 31.81 33.60 23.65 25.71
Total Assets 142.00 129.93 86.61 65.19
NAV per share (in ₹) 28.50 25.80 16.61 8.96
EPS - Basic (in ₹) 2.13 8.11 7.65 2.93

KPIs

EBITDA

9.81%

PAT

9.08%

ROE

31.42%

ROCE

28.55%

Debt to Equity

0.43

  1. All the data pertains to FY 2023-24

Shareholding

Promoter

98.74%

Public

1.26%

Sunil Jaju 73.36%
Himalaya Commodeal Pvt Ltd 16.61%
Saurabh Jaju 2.62%
Sunil Jaju Karta HUF 0.99%
Other Promoter 5.16%

Management

Sunil Jaju Chairman & MD
Vikas Kumar CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Unistone Capital Unistone Capital

Frequently Asked Questions

What is Jajoo Rashmi Refractories IPO?
Jajoo Rashmi Refractories IPO is a Mainboard IPO having an issue size of ₹150.00 Crs. Jajoo Rashmi Refractories IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 17 Apr 26 and closes on 17 Apr 26.
When will Jajoo Rashmi Refractories IPO open?
Jajoo Rashmi Refractories IPO opens on 17 Apr 26 and closes on 17 Apr 26.
What is the GMP of Jajoo Rashmi Refractories IPO?
The estimated Grey Market Premium of Jajoo Rashmi Refractories IPO is ₹0 per share (-).
What is the lot size of Jajoo Rashmi Refractories IPO?
The minimum lot size of Jajoo Rashmi Refractories IPO is 0.00 shares & the minimum application amount is Rs. 0.
When is the allotment of Jajoo Rashmi Refractories IPO?
The allotment date of Jajoo Rashmi Refractories IPO is 17 Apr 26.
What is the listing date of Jajoo Rashmi Refractories IPO?
The listing date of Jajoo Rashmi Refractories IPO is 17 Apr 26.
What is the subscription of Jajoo Rashmi Refractories IPO?
Jajoo Rashmi Refractories IPO is subscribed -.
What is the price band of Jajoo Rashmi Refractories IPO?
Jajoo Rashmi Refractories IPO is priced at ₹0.00 - ₹0.00 per share.
How to check allotment status of Jajoo Rashmi Refractories IPO?
Click the allotment link on Jajoo Rashmi Refractories IPO page of IPO360.
How to apply Jajoo Rashmi Refractories IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Jajoo Rashmi Refractories IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Jajoo Rashmi Refractories IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Jajoo Rashmi Refractories IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date