RAC Extrusions IPO Details
Issue Date
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Price Band
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Lot Size
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IPO Size
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Listing At
NSE
Overall Subscription
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About RAC Extrusions IPO
The public issue of the RAC Extrusions IPO, an SME IPO, opens on TBA and closes on TBA. The allotment of shares will take place on TBA. The credit of shares to the demat account will take place on TBA. The initiation of refunds will take place on TBA. The listing of shares will take place on TBA. The equity shares offered through the IPO are proposed to be listed on the NSE SME platform.
The offer consists of a fresh issue component. The fresh issue will include up to 0.55 crore equity shares. The total number of shares is 55,00,000 and the aggregate amount is yet to be finalised.
RAC Extrusions IPO’s price band is set at TBA to TBA per share. The lot size for an application is TBA. The minimum amount of investment required by a retail investor is ₹TBA (TBA shares) (based on upper price). The minimum lot size investment for HNI is TBA.
RAC Extrusions is one of India's leading manufacturers of aluminium extruded products and profiles. They take pride in being a pacesetter in the industry, with a proven track record of delivering high-quality products and reliable service to their valued customers.
Objectives of RAC Extrusions IPO
- Capital expenditure towards the purchase of new equipment/ machinery etc., for the upgradation of the existing manufacturing unit of the company located at Sampla, Rohtak Road.
- Funding the capital requirements.
- General corporate purpose.
RAC Extrusions IPO Valuation
Detail | Information |
|---|---|
Upper Price Band | TBA |
Fresh Issue | 55,00,000 shares (aggregating up to ₹[TBA] crores) |
Offer for Sale | — |
EPS Diluted (in ₹) for FY25 | 2.83 |
Share Offer and Subscription Details
Investor Category | Shares Offered |
|---|---|
QIBs | Not more than 50% of the net offer |
Non-institutional Investors (NIIs) | Not less than 15% of the net offer |
Retail-individual Investors (RIIs) | Not less than 35% of the net offer |
RAC Extrusions IPO Lot Size
Application | Lots | Shares | Amount |
|---|---|---|---|
Individual investors (Retail) (Min) | TBA | TBA | TBA |
Individual investors (Retail) (Max) | TBA | TBA | TBA |
S-HNI (Min) | TBA | TBA | TBA |
S-HNI (Max) | TBA | TBA | TBA |
B-HNI (Min) | TBA | TBA | TBA |
Industry Outlook
India’s extrusion industry is regionally diverse, with key hubs spread across the north, south, west, and central regions, reflecting industrial development and market access. The western region, led by Gujarat and Maharashtra, dominates with roughly 35% of total extrusion capacity and output, supported by automotive, construction, and engineering demand and proximity to ports. The northern and central regions account for about 30%, with hubs in Uttar Pradesh, Delhi NCR, and Madhya Pradesh growing on infrastructure, real estate activity, and skilled labour availability. The southern region contributes 25%, with industrial belts in Tamil Nadu, Karnataka, and Telangana benefiting from electronics, aerospace, and defence clusters. The eastern region holds the smallest share, around 10%, limited by downstream infrastructure and logistical challenges. Together, these regional hubs form the backbone of India’s extrusion industry, serving both domestic consumption and exports. Growth is underpinned by construction, infrastructure, EVs, solar, and industrial applications, reinforced by government initiatives, urbanisation, and the shift toward lightweight, sustainable materials.
About RAC Extrusions
Established in 1996, RAC Extrusions is a leading aluminium extrusion solutions provider based in Delhi NCR. With over 25 years of expertise, they serve diverse industries with precision-engineered, sustainable solutions - all under one roof. Their commitment to innovation and quality drives them to meet the evolving needs of modern manufacturing. The company is engaged in the business of manufacturing a wide range of aluminium extrusion products, including rectangle tube, round tube, sliding sections, slim profiles, curtain wall, gate profiles, heat sinks, doors profiles, railing profiles, solar profiles, medical profiles etc. Their products serve a diverse array of industries, such as electronics, mechanical, solar, medical, transportation, and architectural sectors etc.
Strengths of RAC Extrusions
- Diverse product portfolio.
- Customization and flexibility.
- Optimal utilization of resources.
- Stringent quality control mechanism ensuring standardized product quality.
- Strong relationship with suppliers for sourcing raw materials.
Risks of RAC Extrusions
- The company is dependent on external suppliers for its majority of raw material, Aluminium.
- They generally do business with their customers on a purchase order basis and do not enter into long term contracts with them.
- They generate a substantial portion of revenue from Delhi and Uttar Pradesh States.
- They have experienced negative cash flows from operating, investing and financing activities in the past.
- Their revenue from aluminium extruded profiles contribute significantly to their revenue from operation.
RAC Extrusions Financials (in ₹ crores)
Year | Year Data |
|---|---|
FY23 | 175.92 |
FY24 | 216.3 |
FY25 | 245.34 |
Peer Comparison
Company Name | Revenue from Operations (Cr) | P/E Ratio | EPS (₹) | NAV per share (₹) |
|---|---|---|---|---|
RAC Extrusions | 245.34 | [-] | 7.06 | 27.73 |
Sampat Aluminium Ltd | 132.72 | 4.63 | 8.19 | 66.82 |
Notes: The financial information for listed industry peer mentioned above is on an audited Standalone basis and sourced from the audited financial statements of the relevant companies for Financial Year 2025, as available on the websites of the Stock Exchanges.
Details for the company have been sourced/ calculated from the Restated Financial Information.
EPS sourced from the publicly available financial results of the listed industry peers for Financial Year 2026. P/E Ratio for the listed industry peers has been computed based on the closing price of Rs.38 (June 19, 2026) of equity shares on BSE, divided by the Diluted EPS.
Anchor Investor Bidding Date: TBA
Registrar Details
Bigshare Services Pvt.Ltd.
Email: ipo@bigshareonline.com
Tel: 8657578989
Book Running Lead Manager
Jawa Capital Services Pvt. Ltd.
RAC Extrusions Contact Details
9183/4, Multani Dhanda, Paharganj, Delhi, New Delhi, 110055.
Email: admin@racextrusion.com
Phone: +91 - 9971312299
RAC Extrusions Business Model
The company earns its revenue as an aluminium extrusion solutions provider.
RAC Extrusions Growth Trajectory
RAC Extrusions’s Total Income for FY25 was ₹247.15 crores, whereas in FY24 and FY23 it was ₹216.65 crores and ₹176.29 crores, respectively.
The Profit After Tax for FY25 was ₹3.52 crores, whereas in FY24 and FY23 it was ₹1.78 crores and ₹0.48 crores, respectively.
Their EBITDA for FY25 was ₹7.00 crores, whereas in FY24 and FY23 it was ₹5.85 crores and ₹3.26 crores, respectively.
RAC Extrusions Market Position
Domestically, the company procures aluminium scrap from suppliers based in Delhi, Haryana, Gujarat and internationally from suppliers based in Dubai, Canada, Sharjah (U.A.E), Singapore.
As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹247.15 crores, ₹3.52 crores, and ₹7.00 crores, respectively.
RAC Extrusions Profit and Loss Statement (in ₹ crores)
parameter | FY 25 | FY 24 | FY 23 |
|---|---|---|---|
Total Income | 247.15 | 216.65 | 176.29 |
Profit Before Tax | 4.52 | 2.42 | 0.72 |
Profit After Tax | 3.52 | 1.78 | 0.48 |
EPS (Diluted) ₹ | 2.83 | 1.43 | 0.38 |
EBITDA | 7.00 | 5.85 | 3.26 |
RAC Extrusions Balance Sheet (in ₹ crores)
Parameter | FY 25 | FY 24 | FY 23 |
|---|---|---|---|
Profit Before Tax | 4.52 | 2.42 | 0.72 |
Net Cash from Operating Activities | 1.09 | 0.64 | 7.25 |
Net Cash from Investing Activities | (3.03) | (4.84) | (6.02) |
Net Cash from Financing Activities | 1.82 | 4.20 | (1.25) |
Cash & Cash Equivalents | 0.02 | 0.15 | 0.15 |
Note: () denotes negative
How to apply for RAC Extrusions IPO?
- Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
- Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
- Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
- Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.
RAC Extrusions IPO FAQs
The RAC Extrusions IPO opens for subscription from [-] to [-], with a total issue size of [-]. The IPO price band is ₹[-] per share with a lot size of [-]. The company aims to list the shares on BSE & NSE on [-].
The RAC Extrusions IPO will open for subscription on [-] and will close on [-] for investors.
The lot size of RAC Extrusions IPO is null equity shares, requiring a minimum investment of [-] for retail investors applying in the IPO.
The price band of the RAC Extrusions IPO has been fixed at ₹[-] per equity share.
You can apply for the RAC Extrusions IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
RAC Extrusions IPO allotment will take place on [-].
You can check the RAC Extrusions IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
RAC Extrusions shares will list on the stock exchanges on [-].
You can find detailed information about the RAC Extrusions IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).
Shiv Kumar Mittal is the Managing Director of RAC Extrusions.
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This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.










