Jajoo Rashmi Refractories

Jajoo Rashmi Refractories Limited - IPO

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Jajoo Rashmi Refractories IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
30328799
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
Addendum To DRHP

Jajoo Rashmi Refractories IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Jajoo Rashmi Refractories IPO Reservation

Promoter Holding

Pre Issue:98.74%
Post Issue:-
Promoter Names:
Sunil Jaju, Saurabh Jaju, Komal Jaju, Sunil Jaju Karta HUF, Himalaya commedeal Private Limited

Jajoo Rashmi Refractories IPO Valuations

ROE:31.42%
ROCE:28.55%
DEBT/EQUITY:0.43
RONW:31.42%
PAT MARGIN:7.27

Jajoo Rashmi Refractories Limited Financial Information

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets142129.9386.6165.19
Revenue118.82338.58309.29235.4
Profit After Tax6.3424.1922.988.79
Net Worth85.4377.2649.7426.82
Reserves and Surplus55.147.1449.0926.17
Total Borrowing31.8133.623.6525.71
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

To be announced

Risk Of Jajoo Rashmi Refractories IPO

To be announced

Objectives Jajoo Rashmi Refractories IPO

  1. 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”)
  2. Funding working capital requirements of the Company
  3. 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

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Lead Mangers

  1. Unistone Capital Pvt Ltd

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