
Jajoo Rashmi Refractories Limited - IPO
MAINBOARDJajoo Rashmi Refractories IPO Details
Jajoo Rashmi Refractories IPO Lot Size
Application | Lots | Shares | Amount |
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To be announced |
Jajoo Rashmi Refractories IPO Reservation
Promoter Holding
Documents
Jajoo Rashmi Refractories IPO Valuations
Jajoo Rashmi Refractories Limited Financial Information
Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 142 | 129.93 | 86.61 | 65.19 |
Revenue | 118.82 | 338.58 | 309.29 | 235.4 |
Profit After Tax | 6.34 | 24.19 | 22.98 | 8.79 |
Net Worth | 85.43 | 77.26 | 49.74 | 26.82 |
Reserves and Surplus | 55.1 | 47.14 | 49.09 | 26.17 |
Total Borrowing | 31.81 | 33.6 | 23.65 | 25.71 |
Amount in ₹ Crore |
About Jajoo Rashmi Refractories IPO
Incorporated in 1995, Jajoo Rashmi Refractories Limited is engaged in manufacturing and exporting various grades of ferro alloys, which are essential raw materials used in steel production.
The company manufactures ferro alloys like ferro silicon, ferro manganese, and silico manganese for steel production, enhancing properties like corrosion resistance, hardness, and strength, along with refractory products like silica ramming mass and casting powders.
The company operates in regions like the Middle East, Africa, and Europe, exporting to 29 countries. With over two decades of experience, it has three manufacturing units and a total capacity of 78,000 MTPA.
The company caters to various stages of steel manufacturing, offering core products and sourcing additional materials like high-carbon ferrochrome and calcined petroleum coke, making it a preferred supplier for steel manufacturers.
The company’s manufacturing plants are strategically located near ports and mineral belts, reducing logistics costs and enabling competitive pricing. The units are well connected by roads and ports for efficient operations.
The company has a dedicated Quality Team in all manufacturing units, supported by third-party agencies, ensuring that raw materials and final products meet quality standards before dispatch.
Product Portfolio:
- Ferro Alloys: The company manufactures and exports various ferroalloys, including ferro silicon, ferro manganese, and silico manganese. It also sources high-carbon ferrochrome, offering a comprehensive solution for customer needs.
- Refractory Products: The company manufactures and exports various refractory materials, including quartz powder, silica ramming mass, and casting powders, and procures additional materials like calcined petroleum coke to offer comprehensive solutions to customers.
As of November 15, 2024, the company had an employee base of seventy-eight (78) employees.
Strength Of Jajoo Rashmi Refractories IPO
Risk Of Jajoo Rashmi Refractories IPO
Objectives Jajoo Rashmi Refractories IPO
- Part finance the cost of establishing new manufacturing facilities to expand the production capabilities of ferro alloys at Plot Nos. D-4 and D-5, and I-2(P) and I-3, Phase-IV, Village Gorabali, Bokaro Industrial Area, Balidih, Bokaro – 827 014, Jharkhand, India (“Proposed Bokaro Project”)
- Funding working capital requirements of the Company
- General Corporate Purposes
Company Contact Details
Jajoo Rashmi Refractories Limited
B7, SN9, LS Nagar,
Naya Kheda, Shastri Nagar,
Jaipur – 302 016
Phone: +91 141 233 5816
Email: info@jajoorashmi.com
Website: http://www.jajoorashmi.com/
Registrar Contact Details
Lead Mangers
Unistone Capital Pvt Ltd