PS Raj Steels Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹1,40,00011000

About PS Raj Steels Limited

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.

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Competitive Strength:

  • Strong Distribution and Customer Focus.
  • Experienced Promoters and senior management team.
  • Integrated manufacturing facility.
  • Long Association with the Stainless-Steel Industry.

PS Raj Steels Limited IPO Details

IPO DateFebruary 12, 2025 to February 14, 2025
Face Value₹10 per share
Issue Price₹140 per share
Lot Size1,000 Shares
Total Issue Size20,20,000 shares
(aggregating up to ₹28.28 Cr)
Fresh Issue20,20,000 shares
(aggregating up to ₹28.28 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share Holding Pre Issue55,18,314 shares
Share Holding Post Issue75,38,314 shares
IPO Open DateWed, Feb 12, 2025
IPO Close DateFri, Feb 14, 2025
Tentative AllotmentMon, Feb 17, 2025
Initiation of RefundsTue, Feb 18, 2025
Credit of Shares to DematTue, Feb 18, 2025
Tentative Listing DateWed, Feb 19, 2025
Cut-off time for UPI mandate confirmation5 PM on February 14, 2025

PS Raj Steels Limited IPO Prospectus

PS Raj Steels Limited Financial Snapshot (in Crore)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets55.3652.0774.1245.94
Revenue139.12297.76225.44179.89
Profit After Tax3.876.363.653.57
Net Worth34.4330.624.320.65
Reserves and Surplus28.9129.9923.6920.04
Total Borrowing17.2517.818.0217.09

PS Raj Steels Limited Promoters Holding

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 Limited Contact Details

PS Raj Steels Limited
V & P.O
Talwandi Rukka
Hisar-125001
Phone: +91-9812700024
Email: cs@psrajsteels.com
Websitehttp://www.pssrgroup.com/

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