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Open
5 Jul 2018
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Close
10 Jul 2018
3
Allotment
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Listing
Wed, Jul 18, 2018
Price Band
₹72 per share
Issue Size
22,91,200 shares (agg. up to ₹16 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Jul 18, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2018 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 29.12 | 27.19 | 23.05 | 14.89 |
| Total Income | 44.99 | 48.61 | 41.34 | 38.27 |
| Profit After Tax | 1.33 | 0.62 | 0.58 | 0.45 |
| NET Worth | 7.56 | 6.23 | 5.61 | 4.52 |
| Reserves and Surplus | 6.72 | 5.39 | 4.77 | 3.77 |
| Total Borrowing | 11.23 | 11.91 | 11.33 | 5.85 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land and Land Development Cost | 1.30 |
| 2 | Factory Building | 2.72 |
| 3 | Plant & Machinery | 7.26 |
| 4 | Margin money for Working Capital | 1.00 |
| 5 | General Corporate Purpose | 2.89 |
About Raw Edge Industrial IPO
Incorporated in 2005, Mumbai based Raw Edge Industrial Solutions Limited is a company engaged in the business of providing industrial minerals to manufacturing industries at competitive prices. The company is delivering fully integrated solutions of Raw Material supplies to large and medium industrial houses. It is one of the leading Manufacturers and Suppliers of a quality range of Calcined Lime, Dolomitic Lime, Hydrated Lime, AAC Lime, Calcined Magnesite, Clinker, Quartz, Gypsum, Imported Coal, etc.In February 2018, the company has entered into an agreement for sale for acquiring agriculture land of `50.21Lakhs at Surat for setting up a manufacturing unit of crushed Quick Lime and Hydrated Lime with an installed capacity of 1,20,000 MT/per annum located. In addition to its existing capacity of 60,000 ton/per annum capacity plant which is to be shifted at the aforesaid new premises will be making the total installed capacity of 1,80,000 ton/per annum.Though the customers of Raw Edge are spread over 10 states, the major supply of its products are concentrated in the state of Gujarat and Rajasthan (contributing 91.37 % of total turnover).The company has 33 permanent employees on its
Contact Details
Raw Edge Industrial Solutions Ltd. AddressShop No.47, Ground FloorCiti Mall, New Link RoadAndheri (West)Mumbai, Maharashtra, 40005391-72269 96805info@rawedge.inVisit Website