PS Raj Steels Limited IPO

NSE SME

Offer Date: Feb 12, 2025 - Feb 14, 2025

₹ 140000 /1000 Shares

PS Raj Steels IPO Details

12 Feb, 2025

Open Date

14 Feb, 2025

Close Date

17 Feb, 2025

Allotment Date

19 Feb, 2025

Listing Date

Issue Price

₹132-140 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

Market Lot

1000 Shares (₹140,000/-)

Lead Manager

Khambatta Securities Limited

Issue Size

20,20,000 shares(aggregating up to ₹28.28 Cr)

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP RHP

The IPO of PS Raj Steels is priced at ₹132-140 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

PS Raj Steels IPO bid opening date is from Feb 12, 2025 and the bid closing date was Feb 14, 2025.
PS Raj Steels IPO allotment result will be available on Feb 17, 2025. The tentative listing date for PS Raj Steels is Feb 19, 2025.

The total issue size is 20,20,000 shares(aggregating up to ₹28.28 Cr).

PS Raj Steels Valuations

EPS Pre IPO

₹11.53/-

EPS Post IPO

₹10.26/-

P/E Pre IPO

12.14

P/E Post IPO

13.65

ROE

20.79%

ROCE

20.64%

Debt/Equity

0.58

RoNW

20.79%

PAT Margin

2.14

Price to Book Value

2.52

PS Raj Steels Company Financials All values are in ₹ Cr.

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	52.07	74.12	45.94
Revenue	297.76	225.44	179.89
Profit After Tax	6.36	3.65	3.57
Net Worth	30.6	24.3	20.65
Reserves & Surplus	29.99	23.69	20.04
Total Borrowing	17.8	18.02	17.09

About The Company

Incorporated in November 2004, PS Raj Steels Limited is an India-based company engaged in the manufacturing and supply of stainless steel pipes and tubes.

The company offers the following:
Outer Diameter (OD) Pipes from ½ inch to 18 inches
Nominal Bore (NB) Pipes from 3/8 inch to 18 inches
Section Pipes square, rectangular and oval shape
Slotted Pipes.

The company's products cater to a variety of sectors, such as railways, furniture, households, gate railing, door frames, rice plants, sugar mills, food processing, and heat exchangers.

The manufacturing unit of the company is located in Hissar, Haryana, and spans an area of 3 acres.

The company has a network of distribution in 18 Indian states and deals directly with OEMs for prompt deliveries and customized solutions.

The company has a strong network of 77 dealers spread across the different states of the country.

As of January 31, 2025, the company employs a total of 114 employees, including non-contract labor.

PS Raj Steels - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: %

Company Promoter(s)

Mr Raj Kumar Gupta, Mr Deepak Kumar, Mr Gaurav Gupta, Mr Vishal Gupta, Ms Nikita Gupta, M/s Raj Kumar HUF, M/s Deepak Kumar HUF and M/s Gaurav Gupta HUF.

PS Raj Steels IPO - Issue Objectives

To meet the working capital requirements of the Company

Other Details

Company Contact Details

PS Raj Steels

V & P.O, Talwandi Rukka, Hisar-125001

Phone: +91-9812700024

Email: cs@psrajsteels.com

Website: http://www.pssrgroup.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

PS Raj Steels IPO - FAQs

Ans. PS Raj Steels Limited IPO is a SME IPO. The issue is priced at ₹132-140 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Feb 12, 2025, and closes on Feb 14, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The PS Raj Steels Limited IPO opens on Feb 12, 2025 and closes on Feb 14, 2025.

Ans. The size of PS Raj Steels Limited IPO is 20,20,000 shares(aggregating up to ₹28.28 Cr).

Ans. The IPO price band is set between ₹132-140 per equity share.

Ans. To apply for PS Raj Steels Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find PS Raj Steels Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of PS Raj Steels Limited IPO is Feb 17, 2025.

Ans. The PS Raj Steels Limited IPO will be listed on Feb 19, 2025.

Ans. Follow the steps to check the allotment status for PS Raj Steels Limited IPO here.