Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,40,000 | 1 | 1000 |
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
- 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 shapes);
- 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 Date | February 12, 2025 to February 14, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹140 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 20,20,000 shares (aggregating up to ₹28.28 Cr) |
| Fresh Issue | 20,20,000 shares (aggregating up to ₹28.28 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 55,18,314 shares |
| Share Holding Post Issue | 75,38,314 shares |
| IPO Open Date | Wed, Feb 12, 2025 |
| IPO Close Date | Fri, Feb 14, 2025 |
| Tentative Allotment | Mon, Feb 17, 2025 |
| Initiation of Refunds | Tue, Feb 18, 2025 |
| Credit of Shares to Demat | Tue, Feb 18, 2025 |
| Tentative Listing Date | Wed, Feb 19, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 14, 2025 |
PS Raj Steels Limited IPO Prospectus
PS Raj Steels Limited Financial Snapshot (in Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 55.36 | 52.07 | 74.12 | 45.94 |
| Revenue | 139.12 | 297.76 | 225.44 | 179.89 |
| Profit After Tax | 3.87 | 6.36 | 3.65 | 3.57 |
| Net Worth | 34.43 | 30.6 | 24.3 | 20.65 |
| Reserves and Surplus | 28.91 | 29.99 | 23.69 | 20.04 |
| Total Borrowing | 17.25 | 17.8 | 18.02 | 17.09 |
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
Website: http://www.pssrgroup.com/