Jaipur-based Jajoo Rashmi Refractories files DRHP for ₹150 crore IPO
2 weeks, 3 days ago

Jaipur-based Jajoo Rashmi Refractories files DRHP for ₹150 crore IPO

Live Mint  

Upcoming IPO: Jaipur-based Jajoo Rashmi Refractories, a manufacturer and exporter specialising in various grades of ferro alloys critical for steel production, has filed its draft red herring prospectus with the Securities and Exchange Board of India for an initial public offering. Jajoo Rashmi Refractories IPO consists entirely of a fresh issue of shares with a face value of ₹10, with no offer-for-sale component. Company Overview and Expansion Plans Founded in 1995, Jajoo Rashmi Refractories is the flagship company of the Jajoo Rashmi Group. Jajoo Rashmi Refractories emphasises quality across its operations, incorporating automation in its West Bengal plant to enhance consistency.

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