PS Raj Steels IPO

5.30x

subscribed

PS Raj Steels IPO

Steel & Iron Products
listed
₹1.32LMin. investment
  1. Pre-apply
    10 Feb
  2. Bid start
    12 Feb
  3. Bid end
    14 Feb
  4. Allotment
    17 Feb
  5. Release of funds
    18 Feb
  6. Demat transfer
    18 Feb
  7. Listing
    19 Feb

About PS Raj Steels Limited

SectorSteel & Iron Products
Price range₹132 – ₹140
IPO type
SME
Lot size1000 shares
Issue size₹28Cr
Red Herring Prospectus
Read

Market Cap

₹105.54CrLower than sector avg

Revenue

Apr 2023 - Mar 2024
₹297.74CrLower than sector avg

Growth rate

3Y CAGR
18.33%

Checklist

Quality analysis

Revenue growth
Company valuation
Earnings expansion

Risk analysis

Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Companies in this sector

JSW Steel LtdJSW Steel Ltd
Tata Steel LtdTata Steel Ltd
Jindal Stainless LtdJindal Stainless Ltd

Revenue

Higher revenue means strong sales and good market demand
This IPO
₹297.74Cr
This sector
₹3,884.6Cr
Compare with companies

PAT

Higher PAT means strong profitability and efficient cost management
This IPO
₹6.36Cr
This sector
₹108.85Cr
Compare with companies

Market cap

Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹105.54Cr
This sector
₹6,273.04Cr
Compare with companies

P/E ratio

Lower ratio usually means stock is undervalued
This IPO
12.14
This sector
26.91
Compare with companies

D/E ratio

Lower ratio usually means fewer liabilities
This IPO
0.58
This sector
0.72
Compare with companies
Objectives
Working capital requirements
The company will allocate ₹26.50 Cr for its own working capital needs.

About PS Raj Steels IPO

PS Raj Steels Limited is a leading manufacturer and supplier of stainless-steel pipes and tubes in India. Offering a wide range of products in over 250 sizes, including OD, NB, section, and slotted pipes, the company also trades stainless-steel coils, sheets, plates, and bars. Serving industries like railways, food processing, and sugar mills, their products are used in applications such as machinery, gate railings, and heat exchangers. With a state-of-the-art manufacturing unit in Hisar, Haryana, PS Raj Steels ensures high-quality products and efficient bulk production.

IPO Subscription Status
Date
QIB
NII
Retail
Total
12-Feb-25
0.79 times (X)
0.0 times (X)
1.95 times (X)
1.2 times (X)
13-Feb-25
0.79X
0.0X
5.38X
2.92X
14-Feb-25
1.21X
0.0X
9.91X
5.3X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of PS Raj Steels IPO ?

The issue size of the PS Raj Steels IPO is 28 Cr.

What is 'pre-apply' for PS Raj Steels IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will PS Raj Steels IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.