Rajputana Industries Limited

About the company

## **About Rajputana Industries Limited** Established in 2011, Rajputana Industries Limited is a prominent player in the non-ferrous metal manufacturing sector, specializing in the production of a wide array of products derived from recycled scrap metals. Based in Rajasthan, their in-house manufacturing unit transforms scrap metals procured from open markets into high-quality billets of metals such as aluminium, copper, and brass. These billets serve as the foundation for various products including Copper rods, Aluminium rods, Copper mother tubes, brass wires, and super enameled copper conductors, customized to meet specific customer requirements and market demands. The acquisition of Rajputana Industries Limited by Shera Energy Limited in 2017 marked a strategic move to enhance operational synergies. Shera Energy Limited, originally incorporated as Shera Energy Private Limited in Jaipur, specializes in manufacturing winding wires and strips primarily from Copper and Aluminum. This integration has leveraged Rajputana's expertise in metal billet manufacturing to supply raw materials essential for Shera Energy's production processes. Shera Energy Limited boasts an annual installed capacity of 15,600 Metric Tons across its product range, further solidifying its position in the market. In recent years, the company has expanded significantly, evolving into a distinguished large-scale organization known for its diverse range of wires, tubes, bars, and rods in non-ferrous metals. They are venturing into cable manufacturing aimed at the construction industry. This new venture will leverage their existing manufacturing infrastructure in Reengus, Sikar, Rajasthan enabling them to produce residential and submersible cables. Equipped with state-of-the-art technology and a dedicated quality control lab, they ensure that all products meet stringent quality standards through rigorous testing and monitoring processes. The company continues to innovate and grow, driven by a commitment to excellence in manufacturing and product quality. With a strong emphasis on technological advancement and customer satisfaction, they remain dedicated to delivering reliable solutions that meet the evolving needs of industries reliant on non-ferrous metal products and cables. Rajputana Industries Limited  prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Funding the Working capital requirements of our Company. 1. Purchase of Grid Solar Power Generating System. 1. General corporate purposes.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   30 Jul 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   01 Aug 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   01 Aug 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   05 Aug 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   02 Aug 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   06 Aug 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.