IPO : SP Refactories Limited

Established in the year 2005, S.P Refractories Private Limited is engaged in the manufacturing, exporting and supply of high quality Refractory Material that are made using hydrated lime, Calcined Alumina, and other raw materials. Refactory cement is its core focus that is widely used in steel & construction industries because of high thermal conductivity, maximum strength, and heat resistance. The company’s range of  Refractories Cement & Castables includes High Alumina Refractory Cement, High Purity High Alumina Dense Castables, Low Cement Castables, Insulating Castables (Normal) Fire Clay & High Alumina Mortar High Purity High Alumina Castables and Moderate Purity High Alumina Castables.

S.P Refractories Private Limited manufacturing facility is situated in Hingna, Nagpur. For hassle-free and timely delivery of the products, the company has a widespread distribution network. The business has a total clinkers manufacturing capacity of 4000 MT per year and clinkers crushing capacity of 6000 MT per year. The company is satisfying the demands of large number of clients such as Tata Refractories; Bhilai Steel Plant, Bhilai; Ramisol, Bangalore and Vishwakarama Ref Pvt. Ltd., Bangalore to name a few.

Competitive strengths:

  • Long standing relationship with customers and suppliers.
  • Strong balance sheet and financial track record.
  • Strategically located manufacturing facility in Nagpur.
  • Sophisticated research & development unit
  • Bulk manufacturing capacity
  • Objectives of the Issue:

    The IPO aims to raise funds for the following purposes;

    • Fund working capital requirements.
    • General corporate purposes.

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    Team Goodwill

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