
Industrials · NSE
SP Refractories Ltd manufactures and supplies refractory materials, primarily focusing on refractory cement made from hydrated lime, calcined alumina, and other raw materials. The cement, known for its high thermal conductivity, strength, and heat resistance, is widely used in the steel and construction industries. The company procures clinkers externally, which are then crushed, blended, and packed into powder form at its manufacturing facility in Hingna, Nagpur, with an annual clinker manufacturing capacity of 4,000 MT and a crushing capacity of 6,000 MT.
Price Band
₹90
Issue Size
₹4.92 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹90
at current GMP
Subscribed
—
Open
9 Mar 2022
Close
11 Mar 2022
Allotment
16 Mar 2022
Refund
17 Mar 2022
Demat Credit
18 Mar 2022
Listing
22 Mar 2022
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 273,333 | — | 0.00x |
| Non-Institutional (NII / HNI) | 82,000 | — | 0.00x |
| Retail Individual (RII) | 191,333 | — | 0.00x |
| Total | 546,666 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 120 | 120 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 4 | 4 | 1.00x |
| Total Applications | 125 | 125 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
SP Refactories Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹4.92 Crores. The shares are offered at a price band of ₹90 to ₹90 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-03-18, while un-allotted funds or UPI block mandates will be released on 2022-03-17.
Currently, SP Refactories Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹90 to ₹90 per equity share.
The retail lot size is 1600 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹90 per equity share.
The SP Refactories Limited IPO aggregate issue size is ₹4.92 Crores with an equity price band set at ₹90 to ₹90 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2022-03-16. Investors can verify status using PAN card or application number.
SP Refactories Limited shares are scheduled to list on NSE on 2022-03-22.