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P S Raj Steels Ltd

P S Raj Steels Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹140
₹140
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹140
Based on GMP
Min. Investment
₹140,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
12 Feb 2025
Close Date
14 Feb 2025
Allotment
17 Feb 2025
Listing Date
19 Feb 2025
Exchange
NSE SME
Price Band
₹140
Listing Price
See chart
Allotment Status
Price Band
₹140
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
20,20,000 shares (aggregating up to ₹28.28 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
55,18,314 shares
Promoters
Post-IPO Holding
75,38,314 shares
Promoters
P/E (Pre)
12.14x
 
P/E (Post)
13.65x
 
EPS (Pre)
₹11.53
 
EPS (Post)
₹10.26
 
UPI Deadline
2025-02-14
Mandate
Anchor AllotmentTue, 11 Feb 2025
Basis of AllotmentMon, 17 Feb 2025
Refund InitiationTue, 18 Feb 2025
Demat CreditTue, 18 Feb 2025
Listing DayWed, 19 Feb 2025
UPI Mandate Deadline2025-02-14
Sale TypeFresh Capital
Net Offer to Public19,19,000 shares (aggregating up to ₹26.87 Cr)
Market Maker Quota1,01,000 shares (aggregating up to ₹1.41 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
P S Raj Steels Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 Feb 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
101,000
₹1.41
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,020,000
100% ₹28.28
IPO Shares Offered
P S Raj Steels Ltd IPO total issue size: ₹28.28 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 101,000 ₹1.41
5.00%
Total 2,020,000 ₹28.28
100.00%
* Based on upper price band ₹140 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹140.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹280,000
Retail (Max — 13 Lots)1313,000₹1,820,000
S-HNI (Min — 14 Lots)1414,000₹1,960,000
B-HNI (Min — 68 Lots)6868,000₹9,520,000
* Issue Price ₹140 × Lot Size 1,000 shares
IPO Schedule
Anchor
11 Feb 2025
✓ Done
IPO Open
12 Feb 2025
✓ Done
IPO Close
14 Feb 2025
✓ Done
Allotment
17 Feb 2025
✓ Done
Refunds
18 Feb 2025
✓ Done
Demat Credit
18 Feb 2025
✓ Done
Listing Day
19 Feb 2025
✓ Done
P S Raj Steels Ltd — Live Price LIVE
₹140.00
INR · NSE
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Issue ₹140.00 Live Price
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 followingOuter 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.Competitive StrengthStrong Distribution and Customer Focus.Experienced Promoters and senior management team.Integrated manufacturing facility.Long Association with the Stainless-Steel Industry.
Objects of the Issue
1
To meet the working capital requirements of the CompanyTo meet the working capital requirements of the Company
P S Raj Steels Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹225.4
31 Mar 2023
₹297.8
31 Mar 2024
₹139.1
30 Sep 2024
Profit After Tax (PAT)
₹3.7
31 Mar 2023
₹6.4
31 Mar 2024
₹3.9
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 139.12 297.76 225.44
EBITDA N/A N/A N/A
Profit After Tax (PAT) 3.87 6.36 3.65
Net Worth 34.43 30.60 24.30
Total Assets 55.36 52.07 74.12
Reserves & Surplus 28.91 29.99 23.69
Borrowings 17.25 17.80 18.02
EBITDA Margin (%) N/A
PAT Margin (%) 2.14%
P/BV Ratio
2.52
RoE
20.79%
RoCE
20.64%
RoNW
20.79%
PAT Margin
2.14%
Debt/Equity
0.58
Issue Structure & Shareholding
Total Shares Offered20,20,000 (100.00%)
Net Offer to Public19,19,000 shares (aggregating up to ₹26.87 Cr)
Reserved for Market Maker1,01,000 shares (aggregating up to ₹1.41 Cr)
Pre-Issue Promoter Holding55,18,314 shares
Post-Issue Promoter Holding75,38,314 shares
P/BV Ratio2.52
RoE20.79%
RoCE20.64%
Debt / Equity0.58
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Khambatta Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much P S Raj Steels Ltd IPO subscribed?

P S Raj Steels Ltd IPO is subscribed 1.00 times by Feb 14, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is P S Raj Steels Ltd IPO retail subscription status?

The P S Raj Steels Ltd IPO retail category is subscribed 1.00 times as of 14 Feb 2025. The retail portion is oversubscribed.

How to subscribe P S Raj Steels Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 12 Feb 2025 and closes 14 Feb 2025. Min investment: ₹140,000 (1 lot = 1,000 shares). UPI mandate: 2025-02-14.

How many times P S Raj Steels Ltd IPO subscribed?

The P S Raj Steels Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check P S Raj Steels Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 17 Feb 2025. Refunds: on 18 Feb 2025.

When P S Raj Steels Ltd IPO will be listed?

The P S Raj Steels Ltd IPO listing date is 19 Feb 2025, Wednesday. Listed on: NSE SME. Issue price: ₹140. Estimated listing: ₹140. GMP: NIL.

When P S Raj Steels Ltd IPO close?

The P S Raj Steels Ltd IPO closes on 14 Feb 2025, Friday. UPI mandate: 2025-02-14. Allotment: 17 Feb 2025. Listing: 19 Feb 2025.