Initial Public Offerings (IPOs) allow you to invest in companies going public. Rajputana Stainless Ltd. goes public when it first sells its shares after being listed on BSE or NSE.
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ar manufacturing Unit having an annual installed capacity of 3,600MT and two Wind Mill Projects at Kutchch and Rajkot respectively having an aggregate existing Powergeneration capacity of 2.10 MW, which we use for captive power consumption. We are one of the fastestgrowing manufacturers of high quality Stainless Steel Billets, RCS, Wire Rods, Hexagon, Square, Black& Bright Bars in various grades and sizes.Our Company’s Manufacturing Plant is located at 213, Madhwas, Halol Kalol Road, Kalol, PanchmahalsDist., Gujarat-389330. Our Plant is located on the Vadodara-Indore National Highway and is 55 kmsfrom Vadodara Steel Market and 60 kms from ICD Dashrath Port.Our Company sells its goods through its Marketing offices located at Vadodara and Mumbai. In additionto that we have various dealers all across India selling our goods. Our customer profile includes SurajStainless Ltd., Rajratna Metals and other such Stainless Steel Players.The Company’s Revenues have grown from 3157.29 lacs in fiscal 2005 to Rs. 11281.21 lacs in fiscal2009, at a CAGR of 37.49%. Our earnings before interest, tax, depreciation and amortization hasincreased from Rs. 46.21 lacs in 2005 to Rs. 657.69 lacs in 2009, at a CAGR of 94.23%. Our profit aftertax has increased from Rs. 9.42 lacs in fiscal 2005 to Rs. 137.62 lacs in fiscal 2009, at a CAGR of95.50%. This improvement in performance is due to the plant expansion carried out in 2008-09Currently the company has an in-house Melting Unit, and Bright Bar unit and other facilities such asDrawing, Rolling etc are done by the Company outside on a job work basis. In order to achieve our goalof becoming a leading full-service integrated Stainless Steel Company with presence across the valuechain, we are currently exploring options in the form of Forward Integration in the Stainless SteelIndustry Value chain and are also considering certain key processes done outside currently to be done inhousefor improved productivity and profitability.We plan to setup our own Rolling Mill at a plot adjacent to our existing production Plant in order to gainthe advantages of forward integration. The land procurement for the Rolling Mill Project has beencompleted and the shed construction for the same has already been started. We are also planning toincrease our production capacity of Bright Bars to match the growing demand of this product. Also inorder to further benefit from Power savings generated by owning Wind Energy Units we plan to set upone more Wind Mill having a Power generating Capacity of 1.5 MW at Gujarat. Read MoreK FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
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An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.
Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.
The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.
Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.
The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:
This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
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