Raw Edge Industrial Solutions IPO

Raw Edge Industrial Solutions IPOBusiness description - The Raw Edge business model finds its origin in organizing the inefficiencies of the industrial raw materials supplies. The idea of organizing the unorganized industrial raw material sector was conceived by its promoter Directors. Whereas the supply of industrial raw materials involves research & development, exploration, mining, processing, logistics and IT enabling; the promoters foresaw the inefficiencies in the unorganized industrial raw materials sector.

In the year 2013-14, the company took an Industrial Plot in Jolwa, Taluka: Palsana, District Suart, on lease hold basis for a period of 9 years. In this Industrial plot company shifted all its existing Plants and Machineries and commenced the production of Lime processing and enhanced its manufacturing capacity to 60,000 MT/Annum of Lime processing. In addition to this, the company has continued the trading of other minerals such as Lime Powder, Lime Stones, Dolomite, Quartzite, Calcined Magnesites, Quick Lime, Asetic Acid, Benzene, Butaone, Caustic, Ethyle Acelate, Ethylene Glycole, Hydrogen Paroxide, Menthol, Potasium Carbonate, Toulene.

Promoters of Raw Edge Industrial Solutions – Bimal Bansal, Sourabh Bansal and Siddharth Bansal
Raw Edge Industrial Solutions IPO details
Subscription Dates 5 - 10 July 2018
IPO Price band INR72 per share
Fresh issue 1,681,200 shares (INR12.10 crore)
Offer for sale 610,000 shares (INR4.39 crore)
Total IPO size 2,291,200 shares (INR16.50 crore)
Minimum bid (lot size) 1,600 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Expansion by setting up Manufacturing Unit
  • Working Capital Margin
  • General Corporate Purpose
  • Issue Expenses
Raw Edge Industrial Solutions' financial performance (in INR lakh)
FY2013 FY2014 FY2015 FY2016 FY2017 10M FY2018
Total revenue 6,662.2 3,349.6 3,826.8 4,133.6 4,860.7 4,498.7
Total expenses 6,538.2 3,238.2 3,758.7 4,045.0 4,767.9 4,295.4
Profit after tax 81.5 70.4 44.7 58.0 61.6 133.4
Raw Edge Industrial Solutions' Contact Details

Raw Edge Industrial Solutions Limited
Shop No. 47, Ground Floor, City Mall
New Link Road, Andheri (W)
Mumbai -400053

Phone: +91 72269 96805
Email: [email protected]
Website: www.rawedge.in

Raw Edge Industrial Solutions IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.06
Day 2 0.31
Day 3 0.63
Day 4 1.04

 

Raw Edge Industrial Solutions Valuation (For latest FY)

Earnings Per Share (EPS): INR7.36

Price/Earnings (P/E) ratio: 9.78

Return on Net Worth (RONW): 9.90%

Net Asset Value (NAV): INR74.35 per share

Registrar of Raw Edge Industrial Solutions IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Raw Edge Industrial Solutions IPO Allotment Status

Raw Edge Industrial Solutions IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Raw Edge Industrial Solutions

IPO Opening Date: 5 July 2018

IPO Closing Date: 10 July 2018

Listing Date: 18 July 2018

Listing Price on BSE SME: INR72.10 per share (up 0.13% from IPO price)

Closing Price on BSE SME: INR72.40 per share (up 0.56% from IPO price)

Raw Edge Industrial Solutions IPO
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