Friday, March 11, 2022

SP Refactories IPO Subscription Status {Final Update 2022}

SP Refactories IPO subscription is to start from March 09, 2022, Wednesday. The company to raise ₹4.92 crores via SME IPO at a price band of ₹90. The retail portion of this IPO is 50%, and HNI is 50% quota. The IPO subscription will close on March 11, 2022, Friday. The IPO bid for the IPO is 1600 shares that cost ₹144,000 for 1 lot. The face value is ₹10 per equity share. SP refractory is a manufacturer and supplier of high-quality refractory material. The products are made using premium-grade cement, aggregates, and other raw material. The company reported ₹26 crores of revenues in 2021 against ₹21 crores in 2020. The company's financial report looks growing while profit is stagnant. Please check the SP Refactories IPO details over here.

IPOWatch View
We recommend investors may apply for an IPO at their own risk. Investors should also look at the Retail and HNI numbers before investing. You can check the SP Refactories IPO allotment status here.
SP Refactories

    SP Refactories IPO Subscription Status (Final Update)

    Category Day 1 Day 2 Day 3
    NII 0.22 1.64 5.64
    RII 0.69 2.52 8.85
    Total 0.46 2.08 7.24

    SP Refactories IPO Investor Categories

    • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
    • Retail Individual Investors (RII): Retail Individual Investors or NRIs

    SP Refactories IPO Date & Price Band

     IPO Open:  09 March 2022
     IPO Close:  11 March 2022
     IPO Size:  Approx ₹4.92 Crores
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹90 Per Equity Share
     Listing on:  NSE SME
     Retail Quota:  50%
     NII Quota:  50%
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    SP Refactories IPO Market Lot

     IPO Lot Size:  Minimum 1600 Shares for 1 lot
     Minimum Amount:  ₹144,000 for 1 lot

    SP Refactories IPO Time Table, Allotment & Listing

     IPO Open Date:  09 March 2022
     IPO Close Date:  11 March 2022
     Basis of Allotment:  16 March 2022
     Refunds:  17 March 2022
     Credit to Demat Account:  21 March 2022
     IPO Listing Date:  22 March 2022

    SP Refactories IPO Subscription FAQs:


    When SP Refactories IPO Subscription will start?
    The IPO subscription starts on 09 March 2022 for NII and Retail Investors.

    How much is SP Refactories IPO subscribed?
    The IPO subscribed 7.24x times on day 3.

    What is SP Refactories IPO Retail subscription status?
    The RII subscription is 8.85x on day 3.

    How to subscribe SP Refactories IPO?
    You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

    How do I check live SP Refactories IPO Subscription Numbers?
    One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.

    Follow IPO Watch for the latest IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.