SP Refractories IPO GMP, Review, Price, Allotment

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Last updated on March 22, 2022

SP Refractories IPO GMP

SP Refractories IPO description – Incorporated in 2007, the company is engaged in manufacturing and supplying Refractory Material made using hydrated lime, Calcined Alumina and other raw materials. Its core focus is on refractory cement which is a niche and high margin cement widely used in iron & steel and construction industries because of its thermal properties, strength and heat resistance.

SP Refractories has healthy client base as well as healthy production capacity. It has clinkers manufacturing capacity of 4000 MT per year and clinkers crushing capacity of 6000 MT per year. It gets clinkers manufactured from outsider on job work basis and thereafter process of crushing the clinkers, blending and packing of refectory cement in powder form is carried out in its manufacturing facility for excess capacity of crushing.

Promoters of SP Refractories – Namita Prabodh Kale, Shweta Prabodh Kale and Prajakta Prabodh Kale


SP Refractories IPO Details

Subscription Dates9 – 11 March 2022
Price BandINR90 per share
Fresh issue2,97,600 shares (INR2.68 crore)
Offer For Sale2,49,600 shares (INR2.25 crore)
Total IPO size5,47,200 shares (INR4.92 crore)
Minimum bid (lot size)1,600 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge

SP Refractories’ Financial Performance

 FY2019FY2020FY2021H1 FY2022
Revenue1,855.92,099.62,572.51,447.6
Expenses1,827.82,044.42,467.91,338.5
Net income20.639.975.380.7
Figures in INR Lakh unless specified otherwise

SP Refractories Offer News


SP Refractories Offer Valuation (as of FY2021)

Earnings Per Share (EPS): INR5.05
Pre-IPO Price/Earnings (PE ratio): 17.82
Return on Net Worth (RONW): 16.13%
Net Asset Value (NAV): INR31.31 per share


SP Refractories IPO GMP Daily Trend

DateSP Refractories IPO GMPKostakSubject to Sauda

SP Refractories IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered2,73,6002,73,6005,47,200
Day 10.210.650.43
Day 21.552.391.97
Day 35.348.386.86
Subscription figures in number of times, at 5 PM

SP Refractories Offer Registrar

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059, Maharashtra
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8299
Email: [email protected]
Website: www.bigshareonline.com


SP Refractories Contact Details

SP Refractories Limited
M-10, M-11/1 & M-11/2,
MIDC Industrial Area,
Hingna Road, Nagpur- 440016
Phone: +91 07104-235388/99
Email: [email protected]
Website: www.sprefractories.com


SP Refractories IPO Allotment Status

SP Refractories IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.


SP Refractories IPO Timetable

IPO Opening Date9 March 2022
IPO Closing Date11 March 2022
Finalisation of Basis of Allotment16 March 2022
Initiation of refunds17 March 2022
Transfer of shares to demat accounts21 March 2022
Listing Date22 March 2022
Opening Price on NSEINR90.2 per share (up 0.22% from IPO price)
Closing Price on NSEINR90.4 per share (up 0.44% from IPO price)

SP Refractories IPO FAQs

What is SP Refractories offer size?

SP Refractories offer size is  INR4.92 crore.

What is SP Refractories IPO Price Band?

SP Refractories public offer price is INR90 per share.

What is the lot size of SP Refractories IPO?

SP Refractories offer lot size and the minimum order is 1,600 shares.

What is SP Refractories IPO GMP today?

SP Refractories IPO GMP today is NA per share.

What is SP Refractories kostak rate today?

SP Refractories kostak rate today is NA per application.

What is SP Refractories Subject to Sauda rate today?

SP Refractories Subject to Sauda rate today is NA per application.

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