PS Raj Steels IPO description – PS Raj Steels is a leading manufacturer and supplier of stainless steel pipes and tubes in India. The company’s product portfolio includes outer diameter (OD) pipes ranging from 1/2 inch to 18 inches, nominal bore (NB) pipes from 3/8 inch to 18 inches, as well as section pipes in square, rectangular, and oval shapes, and slotted pipes.
The company is also engaged in the trading of stainless steel coils, strips, sheets, plates, and bars. As of 31 March 2024, approximately 30% of its revenue is generated from trading these steel products. PS Raj Steels’ products cater to a broad range of sectors, with 70% used in fabrication and 30% in industrial applications. Key sectors include railways, furniture, household items, gate railings, door frames, rice plants, sugar mills, food processing, and heat exchangers.
The company operates a manufacturing unit in Hisar, Haryana, with an installed capacity of 13,460 metric tons per annum. As of 10 September 2024, the company employed 92 permanent staff members.
Promoters of PS Raj Steels – Mr. Raj Kumar Gupta, Mr. Deepak Kumar, Mr. Gaurav Gupta, Mr. Vishal Gupta, M/S Raj Kumar HUF, M/S Deepak Kumar HUF, and M/S Gaurav Gupta HUF
Table of Contents
PS Raj Steels IPO Details
| PS Raj Steels IPO Dates | 12 – 14 February 2025 |
| PS Raj Steels Issue Price | Coming soon |
| Fresh issue | 20,20,000 shares |
| Offer For Sale | NIL |
| Total IPO size | 20,20,000 shares |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
PS Raj Steels Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 179.72 | 225.43 | 297.75 |
| Expenses | 175.17 | 220.56 | 289.29 |
| Net income | 3.57 | 3.65 | 6.36 |
PS Raj Steels Offer News
PS Raj Steels Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 6.47 | 6.62 | 11.53 |
| PE ratio | – | – | – |
| RONW (%) | 17.29 | 15.03 | 20.79 |
| NAV | 37.42 | 44.04 | 55.45 |
| ROCE (%) | 15.75 | 14.56 | 20.48 |
| EBITDA (%) | 3.83 | 3.09 | 3.63 |
| Debt/Equity | 0.83 | 0.74 | 0.58 |
PS Raj Steels IPO GMP Today
PS Raj Steels IPO Subscription – Live Updates
The market maker reservation portion of shares is not included in the above calculations.
PS Raj Steels IPO Allotment Status
PS Raj Steels IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
PS Raj Steels IPO Dates & Listing Performance
| IPO Opening Date | 12 February 2025 |
| IPO Closing Date | 14 February 2025 |
| Finalization of Basis of Allotment | 17 February 2025 |
| Initiation of refunds | 18 February 2025 |
| Transfer of shares to demat accounts | 18 February 2025 |
| IPO Listing Date | 19 February 2025 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
PS Raj Steels Offer Lead Manager
KHAMBATTA SECURITIES LIMITED
806, 8th Floor, Tower-B, World Trade Tower, Noida
Sector-16, Uttar Pradesh-201301, India
Phone: +91-9953989693
Email: [email protected]
Website: www.khambattasecurities.com
PS Raj Steels Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
PS RAJ STEELS LIMITED
51 Block A, IDC, Hisar-125005, Haryana, India
Phone: +91-9812700024
E-mail: [email protected]
Website: www.pssrgroup.com
IPO FAQs
What is PS Raj Steels’ offer size?
PS Raj Steels’ offer size is INR NA crores.
What is PS Raj Steels’ offer price band?
PS Raj Steels public offer price is INR NA per share.
What is the lot size of PS Raj Steels IPO?
PS Raj Steels offer lot size is NA shares.
What is PS Raj Steels IPO GMP today?
PS Raj Steels IPO GMP today is INR NA per share.
What is PS Raj Steels kostak rate today?
PS Raj Steels kostak rate today is INR NA per application.
What is PS Raj Steels IPO Subject to Sauda rate today?
PS Raj Steels’s Subject to Sauda rate today is INR NA per application.
