Raw Edge Industrial IPO is set to make its debut on 5 July 18 with 16.50 Cr is a company engaged in the business of providing industrial minerals to manufacturing industries at competitive prices.
Raw Edge Industrial IPO – overview
| IPO Dates | 5-10 July 18 |
| IPO Price | INR 72 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 2,291,200 shares (INR 16.50 crore) |
| Minimum bid (lot size) | 1600 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
Incorporated in 2005, Mumbai based Raw Edge Industrial Solutions Limited is a company engaged in the business of providing industrial minerals to manufacturing industries at competitive prices. The company is delivering fully integrated solutions of Raw Material supplies to large and medium industrial houses. It is one of the leading Manufacturers and Suppliers of a quality range of Calcined Lime, Dolomitic Lime, Hydrated Lime, AAC Lime, Calcined Magnesite, Clinker, Quartz, Gypsum, Imported Coal, etc.
In February 2018, the company has entered into an agreement for sale for acquiring agriculture land of `50.21
Lakhs at Surat for setting up a manufacturing unit of crushed Quick Lime and Hydrated Lime with an installed capacity of 1,20,000 MT/per annum located. In addition to its existing capacity of 60,000 ton/per annum, the capacity plant which is to be shifted at the aforesaid new premises will be making the total installed capacity of 1,80,000 ton/per annum.
Objects of the Issue
The objects of the Fresh Issue are:
1. Expansion by setting up Manufacturing Unit
2. Working Capital Margin
3. General Corporate Purpose
4. Meeting Public Issue Expenses.
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 2,912.26 | 2,718.57 | 2,305.11 |
| Total Revenue | 4,498.74 | 4,860.73 | 4,133.55 |
| Profit After Tax | 133.40 | 61.63 | 58.05 |
Company Contact Information
Raw Edge Industrial Solutions Ltd
Shop No. 47, Ground Floor,
Citi Mall, New Link Road
Andheri (W), Mumbai -400053
Phone: 91-72269 96805
Email: info@rawedge.in
Website: http://www.rawedge.in/
Raw Edge Industrial Solutions IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Raw Edge Industrial Solutions IPO Lead Manager(s)
- Guiness Corporate Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
