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P S Raj Steels Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹140
Issue Price
₹140
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹140
GMP based
Lot Size
1,000
shares / lot
Min Amount
₹140,000
1 lot · 1,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
12 Feb 2025
Wed Completed
Done
Close Date
14 Feb 2025
Fri Completed
Done
Allotment
17 Feb 2025
Mon Completed
Done
Refund
18 Feb 2025
Tue Completed
Done
Demat Credit
18 Feb 2025
Tue Completed
Done
Listing Date
19 Feb 2025
Wed Completed
UPI Deadline: 14 Feb 2025
Issue Details
Pricing & Size
Issue Price
₹140 Face ₹10
Lot Size
1,000 shares
Min Investment
₹140,000
Total Issue Size
20,20,000 shares (aggregating up to ₹28.28 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
,01,000 (5.00%)
QIB Portion
9,49,000 (46.98%)
NII / HNI
2,85,000 (14.11%)
Retail
6,65,000 (32.92%)
Employee
-
Net Offer to Public
19,19,000 shares (aggregating up to ₹26.87 Cr)
Shareholding Pattern
Pre-Issue Shareholding
55,18,314 shares
Post-Issue Shareholding
75,38,314 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,000 ₹1,40,000
HNI / NII 2 2,000 ₹2,80,000
Objects of Issue
1 objectives
1
To meet the working capital requirements of the CompanyTo meet the working capital requirements of the Company
Lead Managers & Market Maker
Book Running Lead Managers
Khambatta Securities Ltd
Market Maker
Nikunj Stock Brokers Ltd
IPO Timeline
Open
12 Feb
✓ Done
Close
14 Feb
✓ Done
Allotment
17 Feb
✓ Done
Listing
19 Feb
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@psrajsteels.com
Phone
+91-9812700024
Address
V & P.O Talwandi Rukka Hisar Hisar, Haryana, 125001
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹140
Est. Listing
₹140
Lot Size
1,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
P S Raj Steels Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
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| Price
Market Reference
IPO Issue Price
₹140
GMP
+₹0 (+0%)
GMP Est. Listing
₹140
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 9,49,000 (46.98%) ₹1,328.60 Cr
NII / HNI (Total) 2,85,000 (14.11%) ₹399.00 Cr
Retail Investors 6,65,000 (32.92%) ₹931.00 Cr
Total ** 20,20,000 (100.00%) ₹28,280.00 Cr
Market Maker * ,01,000 (5.00%) ₹0.14 Cr
* Based on ₹140.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
9,49,000 (46.98%)
NII
2,85,000 (14.11%)
Retail
6,65,000 (32.92%)
Market Maker
,01,000 (5.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue139.12297.76225.44
PAT3.876.363.65
EBITDA
Net Worth34.4330.6024.30
Total Assets55.3652.0774.12
Reserves28.9129.9923.69
Borrowings17.2517.8018.02
Key Financial Ratios
20.79%
ROE
Return on Equity
20.64%
ROCE
Return on Capital Employed
20.79%
RONW
Return on Net Worth
2.14%
PAT Margin
PAT / Revenue
0.58
D/E Ratio
Debt to Equity
2.52
P/BV
Price to Book Value
11.53
Pre EPS
EPS Pre-Issue
10.26
Post EPS
EPS Post-Issue
12.14
Pre P/E
P/E Pre-Issue
13.65
Post P/E
P/E Post-Issue
About P S Raj Steels Ltd

Incorporated in November 2004, PS Raj Steels Limited manufactures and supplies stainless steel pipes and tubes in India.

The company's product range includes the following

  1. Outer Diameter (OD) Pipes (from ½ inch to 18 inches);
  2. Nominal Bore (NB) Pipes (from 3/8 inch to 18 inches);
  3. Section Pipes (square, rectangular and oval shapes);
  4. Slotted Pipes.

The company's products cater to various sectors, including railways, furniture, households, gate railing, door frames, rice plants, sugar mills, food processing, and heat exchangers.

The company's manufacturing unit is situated in Hissar, Haryana and is spread across an area of 3 acres.

The company has a distribution network across 18 Indian states and engages directly with OEMs for timely deliveries and tailored 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.

Competitive Strength

  1. Strong Distribution and Customer Focus.
  2. Experienced Promoters and senior management team.
  3. Integrated manufacturing facility.
  4. Long Association with the Stainless-Steel Industry.
Frequently Asked Questions
What is the issue price of P S Raj Steels Ltd IPO?
The issue price of P S Raj Steels Ltd IPO is ₹140 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,000 shares, requiring ₹140,000.
What are the IPO dates?
Opens 12 Feb 2025, closes 14 Feb 2025.
When is the listing date?
Tentative listing: 19 Feb 2025 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹140 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

P S Raj Steels Ltd IPO · Expected 17 Feb 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
17 Feb 2025
Refund Initiation
18 Feb 2025
Demat Credit
18 Feb 2025
Listing Date
19 Feb 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹140
Face ₹10
Lot Size
1,000
shares / lot
Min Amount
₹140,000
1 lot
Est. Listing
₹140
GMP +₹0
Key Dates
Open
12 Feb Done
Close
14 Feb Done
Listing
19 Feb Done
Registrar
Bigshare Services Pvt.Ltd
A
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