RK Steel IPO Description – Founded in 2006, the company is engaged in the manufacturing of welded structural steel tubes and pipes, catering to a wide range of industries including construction, automobiles, solar energy, engineering, furniture, and gas distribution. Its product portfolio includes Pre-Galvanized (GP) Pipes, Hot Dip Galvanized (GI) Pipes, Hot Rolled (HR) Pipes, and Cold Rolled (CR) Pipes, along with value-added products such as GP Coils, CRFH Coils, and HRPO Coils. The company is among the few players in South India equipped with tandem cold rolling mills, enabling efficient and consistent production of cold-rolled steel products.
The company operates with a substantial installed manufacturing capacity of 13,63,200 MTPA as of 31 March 2025. Its products are manufactured in multiple dimensions, including square, rectangular, and round pipes ranging from 10 mm to 173 OD with thickness up to 7 mm. The company is also focusing on sustainability through a 5.5 MW captive solar power plant and adoption of compressed biogas (CBG) in production processes. As of 30 November 2025, the company employs a staff of 61.
Promoters of RK Steel – Pramod Kumar Bhalotia, Abhishek Bhalotia, Beena Bhalotia and Mayank Marketing Private Limited
RK Steel IPO Details
| RK Steel IPO Dates | Coming soon |
| RK Steel Issue Price | Coming soon |
| Fresh Issue | 2,00,00,000 shares |
| Offer For Sale | Nil |
| Total IPO Size | 2,00,00,000 shares |
| Minimum Bid (Lot Size) | Coming soon |
| Pre-issue Shares | 4,94,03,130 shares |
| Face Value | INR 10 per share |
| Listing On | NSE, BSE |
RK Steel IPO Allocation in Different Categories
RK Steel Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 847.44 | 1,022.16 | 1,147.79 |
| Expenses | 831.67 | 997.97 | 1,139.05 |
| Net Income | 19.88 | 22.70 | 10.91 |
| Margin (%) | 2.35 | 2.22 | 0.96 |
RK Steel Offer News
RK Steel Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2026* (Post-Issue) | |
| EPS | 4.47 | 4.60 | 2.21 | – |
| PE Ratio | – | – | – | – |
| Price/Sales Ratio | – | – | – | – |
| Price/Book Ratio | – | – | – | – |
| Current Ratio | 1.31 | 1.26 | 1.07 | – |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 22.84 | 20.68 | 9.04 |
| NAV | 17.62 | 22.23 | 24.43 |
| ROCE (%) | 12.68 | 13.37 | 8.28 |
| EBITDA (%) | 5.56 | 5.83 | 4.21 |
| Debt/Equity | 2.68 | 2.49 | 2.91 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
RK Steel IPO Anchor Investors
RK Steel raises () from anchor investors. RK Steel Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
RK Steel IPO GMP Today (Daily Trend)
RK Steel Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Repayment/prepayment, in full or part, of certain borrowings availed of by the company – INR 43.23 crore
- Funding of working capital requirements of the company – INR 76 crore
- General Corporate Purposes
RK Steel IPO Subscription – Live Updates
Coming soon
() shares allotted to anchor investors are not included in these calculations.
RK Steel – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| RK Steel | – | 2.21 | 9.04 | 24.43 | 1,153.73 |
| Surya Roshni | 18.33 | 15.93 | 14.06 | 113.27 | 7,465.55 |
| Hariom Pipe Industries | 27.60 | 19.93 | 10.78 | 184.93 | 1,359.94 |
| Hi-Tech Pipes | 30.50 | 3.98 | 5.80 | 61.91 | 3,069.52 |
RK Steel IPO Allotment Status
You can check RK Steel IPO allotment status on MUFG Intime’s website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
RK Steel IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| RK Steel IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
RK Steel IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth –
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities –
ICICIdirect –
Investmentz –
Jainam Broking –
DR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
SBI Securities –
Samco Securities –
SMC Global –
Swastika Investmart –
Ventura Securities –
RK Steel IPO Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 8777564648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
RK Steel Offer Registrar
MUFG INTIME (LINK INTIME) INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
R.K. STEEL MANUFACTURING COMPANY LIMITED
No.5, Ground Floor, Branson Garden Street,
Kilpauk, Perambur Purasawalkam,
Chennai – 600 010, Tamil Nadu, India
Phone: +044 3500 5351
Email: [email protected]
Website: www.rksteel.co.in
IPO Resources
How many shares in RK Steel IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in RK Steel Public Offer?
What is RK Steel IPO GMP today?
RK Steel IPO GMP today is INR NA per share.
What is RK Steel Subject to Sauda rate today?
RK Steel Subject to Sauda rate today is INR NA per application.
Rajat Bhati has a strong technical background and 5 years of experience in the stock market. He focuses on equity research, technical analysis, IPO valuations, and risk management, helping investors make clearer, data-backed decisions. Today, he works full-time to educate people about the opportunities in IPO market.
