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Issue Size
[.] shares (agg. up to ₹150 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 142.00 | 129.93 | 86.61 | 65.19 |
| Total Income | 118.82 | 338.58 | 309.29 | 235.40 |
| Profit After Tax | 6.34 | 24.19 | 22.98 | 8.79 |
| NET Worth | 85.43 | 77.26 | 49.74 | 26.82 |
| Reserves and Surplus | 55.10 | 47.14 | 49.09 | 26.17 |
| Total Borrowing | 31.81 | 33.60 | 23.65 | 25.71 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Nilachal Carbo Metalicks Ltd. | SME | ₹56.10 Cr | ₹85 | 13.54 | ₹71.40 | -16.00% | ₹80.50 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part finance the cost of establishing new manufacturing facilities to expand the production capabilities of ferro alloys in the Proposed Bokaro Project | 61.83 |
| 2 | Funding working capital requirements of the Company | 47.67 |
| 3 | General Corporate Purposes | |
| Total | 109.50 |
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
Contact Details
Jajoo Rashmi Refractories Ltd. AddressB7, SN9, LS Nagar,Naya Kheda,Shastri Nagar,Jaipur, Rajasthan, 302016+91 141 233 5816info@jajoorashmi.comVisit Website