At RAJPUTANA, they specialize in working with a wide range of metals, including copper, brass , aluminum, and various alloys. Their expertise extends to industries such as Power Industry , Automobile Industry, Hardware Industry, Etc.

Rajputana, a Book Built Issue amounting to ₹23.88 crores, consisting entirely a Fresh Issue of 62.85 lakh Shares. The subscription period for the Rajputana IPO opens on July 30, 2024, and closes on August 01, 2024. The allotment is expected to be finalized on or about Friday, August 02, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, August 06, 2024.

The Share price band of Rajputana IPO is set at ₹36 to ₹38 equity per share, with a minimum lot size of 3,000 shares. Retail investors are required to invest a minimum of ₹114,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (6,000 shares), amounting to ₹228,000.

Holani Consultants Private Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar for the Issue. Holani Consultants Private Limited will act as the Market Maker for the Rajputana IPO.

Rajputana Industries Limited IPO GMP Today
The Grey Market Premium of Rajputana Industries Limited IPO is expected in the range of ₹30 to ₹32 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Rajputana Industries Limited IPO Live Subscription Status Today
As of 09:28 PM on 01 August 2024, the Rajputana Industries Limited IPO live subscription status shows that the IPO subscribed 347.49 times on on the final day of subscription period. Check the Rajputana Industries Limited IPO Live Subscription Status Today at NSE.

Rajputana Industries Limited IPO Allotment Status
Rajputana IPO allotment date is 02 August, 2024, Friday. Rajputana Industries IPO Allotment will be out on 2nd August 2024 and will be live on Registrar Website from the allotment date. Check Rajputana Industries Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Rajputana Industries Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Rajputana Industries Limited IPO
Rajputana Industries Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
• ₹1,400.00 Lakhs is required for Funding the Working capital of their Company; 
• ₹450.00 Lakhs is required for Purchase of Grid Solar Power Generating System; and 
• General corporate purposes.

Refer to Rajputana Industries Limited RHP for more details about the Company.

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About Rajputana Industries Limited

Rajputana Industries Limited is primarily engaged in the business of manufacturing of diverse range of non-ferrous metal products from primarily Copper, Aluminium, Brass and various alloys from recycling of scrap metal. They procure scrap metal from open markets and convert them into billets made of metals like aluminium, copper or brass etc. through recycling in their inhouse manufacturing unit situated at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan.

Once these billets are manufactured from recycled scrap metal, we either sell them to different manufacturing companies or they use them to produce products like Copper rods, Aluminium rods, Copper mother tube, brass wires, super enameled copper conductor and many more products. These wires, tubes, bars, billets and rods are manufactured in various shapes and sizes as per the requirement of the customers and / or demand in the market.

Over the past couple of years, their company has outgrown itself into a distinguished large-scale organization specializing in wires, tubes, bus, bars and rods of various shapes, sizes and in various nonferrous metals having plentiful applications.

With a view to enhancing the product portfolio, our Company is entering into the business of manufacturing of cables which shall be primarily used in the construction industry, mainly residential and submersible cables for motors. The proposed cable plant shall be installed in the existing manufacturing facility of the company situated at SP-3, RIICO Industrial Area, Reengus, Sikar by utilizing the surplus area in the manufacturing facility.

The total cost of the project is Rs. 5.88 Cr comprising of investment in building shed amounting to Rs. 4.08 Cr, 1.58 Cr in the Plant & Machinery and Rs. 0.30 Cr in other misc. preoperative expenses. The entire capex cost of Rs. 5.88 Cr shall be funded through mix of fresh bank borrowings and Internal accruals.

The construction of the building shed is underway and as of now we have spent Rs. ₹ 366.46 Lakhs towards the same. The same is duly certified by M/s. Swarnkar & Co., Chartered Accountants. Further, no orders for the plant and machinery for the cable project have been placed by us as on date.

The Project shall be operational by the end of September 2024 with an annual production capacity of 13,000 Kw based on the plant and machinery shortlisted by the management of the company for acquiring for this project.

NON-FERROUS METALS INDUSTRY

COPPER :
• The size of Indian copper industry (consumption of refined copper per annum) is around 6.6 lakh tonnes, which as percentage of world copper market is only three percent. 
• Sterlite Industries, Hindalco Industries and Hindustan Copper Ltd. are major producers of refined copper in India. 
• Production in India has declined significantly due to the permanent closure of Vedanta’s smelter/ refinery plant of Tamil Nadu in May, 2018. The production of copper cathode in the organized sector by the public sector unit viz. Hindustan Copper Ltd. (HCL), and private sector units viz. Hindalco Industries Ltd. (HINDALCO, Unit Birla Copper) and Sesa Sterlite Ltd. (SSL) in the country, during FY 2022-23 and the month of May, 2023.

Factors influencing Copper Markets:
➢ Copper prices in India are fixed on the basis of the rates that rule on LME and Rupee & US Dollar exchange rate. 
➢ Economic growth of the major consuming countries such as China, USA, Japan, Germany, India etc. 
➢ Growth and development in the Infrastructure, Real-estate, Telecom and Electrical Industry, Renewal Energy and Electrical Vehicle Sector. 
➢ Surplus/Deficit in copper market.

ALUMINIUM :
Production during the month of May, 2023, cumulative production during the period 2023-24 and comparative figures for the previous year are as follows: 
NALCO produced 39,914 Metric Tonne of Aluminium and sold 40,597 Metric Tonne of Aluminium metal in May, 2023.
BALCO produced 49,386 Metric Tonne of Aluminium and sold 48,635 Metric Tonne of Aluminium metal in May, 2023.
Vedanta Ltd (Aluminium) produced 1,48,879 Metric Tonne of Aluminium and sold 1,46,953 Metric Tonne of Aluminium metal in May, 2023.

BRASS :
Brass is is the generic term for a range of copper-zinc alloys. Brass can be alloyed with zinc in different proportions, which results in a material of varying mechanical, corrosion and thermal properties. Increased amounts of zinc provide the material with improved strength and ductility.

ZINC :
In India, the main producer of Zinc is Hindustan Zinc Limited (HZL) (Government of India holds 29.54% of equity share).

RAJPUTANA INDUSTRIES LIMITED STRENGTHS
1. Experienced senior management team and qualified workforce
2. Long standing relationships with existing clientele
3. Focus on Quality
4. Established Manufacturing facility
5. Innovative Ideas
6. Industry Knowledge and Expertise

RAJPUTANA INDUSTRIES LIMITED STRATEGIES
1. Expanding our customer base
2. Increasing operational efficiencies to enhance returns
3. Invest in infrastructure and technology
4. Product Enhancement and Quality Focus
5. Customer Engagement for Brand Growth

RAJPUTANA INDUSTRIES LIMITED RISK FACTORS & CONCERNS
1. They are highly dependent upon a limited number of suppliers 79.49%, 87.42% and 92.75% of their Total Purchases are derived from their top 10 suppliers for the Fiscal Years ended on March 31, 2024, 2023 and 2022.
2. Their manufacturing capacities may not reach their installed capacity and they may also be unable to effectively utilize their expanded manufacturing capacities.
3. Their cost of production is exposed to fluctuations in the prices of raw material particularly Copper scrap, Brass scrap.
4. They are subject to risks associated with expansion into new geographic regions.