The Raw Edge Industrial Solutions date has been confirmed from July 5, 2018 and ended on July 10, 2018.
Raw Edge Industrial Solutions Developers IPO is a fixed price issue of Rs 16.50 crores. The price is ₹72 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹115,200.
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Bidding Dates
July 5-10
Price Range
₹72 per share
Face Value
₹10 per share
GMP
₹41.73
Raw Edge Industrial Solutions IPO GMP
The Raw Edge Industrial Solutions IPO GMP is ₹41.73.
IPO Overview
The IPO for Raw Edge Industrial Solutions is a fixed-price offering for Rs 16.50 crores. The IPO bidding for Raw Edge Industrial Solutions took place from July 5, 2018, until July 10, 2018. On July 18, 2018, the shares were listed on BSE SME. A share of Raw Edge Industrial Solutions’ IPO is priced at ₹72. 1600 Shares is the minimum lot size required for an application. For retail investors, a minimum investment of ₹115,200 is needed.
Although Raw Edge’s clientele is dispersed over ten states, the majority of its product supply is centred in Gujarat and Rajasthan, accounting for 91.37% of the company’s overall revenue. There are 33 permanent workers working for the company.
Raw Edge Industrial Solutions IPO Details
| IPO Date | July 5, 2018 to July 10, 2018 |
| Listing Date | July 18, 2018 |
| Face Value | ₹10 per share |
| Price | ₹72 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 2,291,200 shares (aggregating up to ₹16.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 115,200 shares |
Raw Edge Industrial Solutions Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Jan-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | |
| Total Assets | 2,912.26 | 2,718.57 | 2,305.11 | 1,488.56 | 1,377.22 | 774.00 |
| Total Revenue | 4,498.74 | 4,860.73 | 4,133.55 | 3,826.82 | 3,349.57 | 6,662.21 |
| Profit After Tax | 133.40 | 61.63 | 58.05 | 44.71 | 70.41 | 81.50 |
Raw Edge Industrial Solutions IPO Listing Details
| Listing Date | July 18, 2018 |
| BSE Script Code | 541634 |
| NSE Symbol | |
| ISIN | INE960Z01014 |
| Final Issue Price | ₹72 per share |
Company Profile
Raw Edge Industrial Solutions Limited, a Mumbai-based company, was founded in 2005 and is in the business of offering industrial minerals to manufacturing businesses at cheap pricing. The company provides large and medium-sized industrial houses with fully integrated raw material supply solutions. It is among the top producers and suppliers of a high-quality selection of products, including imported coal, clinker, quartz, gypsum, hydrated lime, AAC lime, and calcined magnesium. The company signed a sale deal in February 2018 to purchase ~50.21 lakhs of
agricultural land in Surat, Gujarat, with the intention of establishing a 1,20,000 MT annual installed capacity quick lime and hydrated lime manufacturing facility. The facility that is to be relocated to the previously mentioned new location will have an installed capacity of 1,80,000 tonnes annually in addition to its current capacity of 60,000 tonnes annually.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Raw Edge Industrial Solutions Ltd |
| Phone number | +91-72269 96805 |
| Email ID | info@rawedge.in |
| Website | rawedge.in |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
