Ipo Synopsis

B 201 Rustomjee Central Park,Chakala A.Kurla Road Andheri E,

Mumbai - 400069,

Maharashtra, India.

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Initial public offer of 60,00,000 equity shares of face value of (Rs) 10/- each ("Equity Shares") of Refractory Shapes Limited ("Refractory Shapes", or "The Company" or "The Issuer") for cash at a price of (Rs) 31.00/- per equity share including a share premium of (Rs) 21.00/- per equity share (the "Issue Price") aggregating to (Rs) 18.60 crores ("The Issue"), of which 3,04,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 31.00/- per equity share including a share premium of (Rs) 21.00/- per equity share aggregating to (Rs) 0.94 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 56,96,000 equity shares of face value of (Rs) 10/- each at a price of (Rs) 31.00/- per equity share including a share premium of (Rs) 21.00/- per equity share aggregating to (Rs) 17.66 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.52 % and 26.13 % respectively of the post issue paid up equity share capital of the company. The face value of equity shares is (Rs) 10/- each. The issue price is 3.1 times the face value of the equity.e

Minimum Application for shares in Nos : 4000   Further Multiples of : 4000