Business description – The Raw Edge business model finds its origin in organizing the inefficiencies of the industrial raw materials supplies. The idea of organizing the unorganized industrial raw material sector was conceived by its promoter Directors. Whereas the supply of industrial raw materials involves research & development, exploration, mining, processing, logistics and IT enabling; the promoters foresaw the inefficiencies in the unorganized industrial raw materials sector.
In the year 2013-14, the company took an Industrial Plot in Jolwa, Taluka: Palsana, District Suart, on lease hold basis for a period of 9 years. In this Industrial plot company shifted all its existing Plants and Machineries and commenced the production of Lime processing and enhanced its manufacturing capacity to 60,000 MT/Annum of Lime processing. In addition to this, the company has continued the trading of other minerals such as Lime Powder, Lime Stones, Dolomite, Quartzite, Calcined Magnesites, Quick Lime, Asetic Acid, Benzene, Butaone, Caustic, Ethyle Acelate, Ethylene Glycole, Hydrogen Paroxide, Menthol, Potasium Carbonate, Toulene.
Promoters of Raw Edge Industrial Solutions – Bimal Bansal, Sourabh Bansal and Siddharth Bansal
| Raw Edge Industrial Solutions IPO details | |
| Subscription Dates | 5 – 10 July 2018 |
| IPO Price band | INR72 per share |
| Fresh issue | 1,681,200 shares (INR12.10 crore) |
| Offer for sale | 610,000 shares (INR4.39 crore) |
| Total IPO size | 2,291,200 shares (INR16.50 crore) |
| Minimum bid (lot size) | 1,600 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Expansion by setting up Manufacturing Unit
- Working Capital Margin
- General Corporate Purpose
- Issue Expenses
| Raw Edge Industrial Solutions’ financial performance (in INR lakh) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 10M FY2018 | |
| Total revenue | 6,662.2 | 3,349.6 | 3,826.8 | 4,133.6 | 4,860.7 | 4,498.7 |
| Total expenses | 6,538.2 | 3,238.2 | 3,758.7 | 4,045.0 | 4,767.9 | 4,295.4 |
| Profit after tax | 81.5 | 70.4 | 44.7 | 58.0 | 61.6 | 133.4 |
Raw Edge Industrial Solutions’ Contact Details
Raw Edge Industrial Solutions Limited
Shop No. 47, Ground Floor, City Mall
New Link Road, Andheri (W)
Mumbai -400053
Phone: +91Â 72269 96805
Email: [email protected]
Website: www.rawedge.in
Raw Edge Industrial Solutions IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.06 |
| Day 2 | 0.31 |
| Day 3 | 0.63 |
| Day 4 | 1.04 |
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Raw Edge Industrial Solutions Valuation (For latest FY)
Earnings Per Share (EPS): INR7.36
Price/Earnings (P/E) ratio: 9.78
Return on Net Worth (RONW): 9.90%
Net Asset Value (NAV): INR74.35 per share
Registrar of Raw Edge Industrial Solutions IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Raw Edge Industrial Solutions IPO Allotment Status
Raw Edge Industrial Solutions IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Raw Edge Industrial Solutions
IPO Opening Date: 5 July 2018
IPO Closing Date: 10 July 2018
Listing Date: 18 July 2018
Listing Price on BSE SME: INR72.10 per share (up 0.13% from IPO price)
Closing Price on BSE SME: INR72.40 per share (up 0.56% from IPO price)
