PS Raj Steels IPO GMP, Review, Price, Allotment

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PS Raj Steels IPO GMP

PS Raj Steels IPO description – PS Raj Steels is India’s leading manufacturer and supplier of stainless steel pipes and tubes. The company’s product portfolio includes outer diameter (OD) pipes ranging from 1/2 inch to 18 inches, nominal bore (NB) pipes from 3/8 inch to 18 inches, section pipes in square, rectangular, and oval shapes, and slotted pipes.

The company is also engaged in the trading of stainless steel coils, strips, sheets, plates, and bars. As of 31 March 2024, approximately 30% of its revenue is generated from trading these steel products. PS Raj Steels’ products cater to a broad range of sectors, with 70% used in fabrication and 30% in industrial applications. Key sectors include railways, furniture, household items, gate railings, door frames, rice plants, sugar mills, food processing, and heat exchangers.

The company operates a manufacturing unit in Hisar, Haryana, with an installed capacity of 13,460 metric tons per annum. As of 10 September 2024, the company employed 92 permanent staff members.

PS Raj Steels IPO Allotment Status

Promoters of PS Raj Steels – Mr. Raj Kumar Gupta, Mr. Deepak Kumar, Mr. Gaurav Gupta, Mr. Vishal Gupta, M/S Raj Kumar HUF, M/S Deepak Kumar HUF, and M/S Gaurav Gupta HUF


PS Raj Steels IPO Details

PS Raj Steels IPO Dates12 – 14 February 2025
PS Raj Steels Issue PriceINR 136 – 140 per share
Fresh issue20,20,000 shares (INR 27.47 – 28.28 crore)
Offer For SaleNIL
Total IPO size20,20,000 shares (INR 27.47 – 28.28 crore)
Minimum bid (lot size)1,000 shares (INR 1,40,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE EMERGE

PS Raj Steels Financial Performance

 FY 2022FY 2023FY 2024H1 FY 2025
Revenue179.72225.43297.75139.11
Expenses175.17220.56289.29133.95
Net income3.573.656.363.87
Figures in INR Crores unless specified otherwise

PS Raj Steels Offer News


PS Raj Steels Valuations & Margins

FY 2022FY 2023FY 2024
EPS6.476.6211.53
PE ratio11.80 – 12.14
RONW (%)17.2915.0320.79
NAV37.4244.0455.45
ROCE (%)15.7514.5620.48
EBITDA (%)3.833.093.63
Debt/Equity 0.830.740.58
*Compiled by IPO Central from Prospectus

PS Raj Steels IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
Coming soon

PS Raj Steels IPO Subscription – Live Updates

The market maker reservation portion of shares is not included in the above calculations.


PS Raj Steels IPO Allotment Status

PS Raj Steels IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.


PS Raj Steels IPO Dates & Listing Performance

IPO Opening Date12 February 2025
IPO Closing Date14 February 2025
Finalization of Basis of Allotment17 February 2025
Initiation of refunds18 February 2025
Transfer of shares to demat accounts18 February 2025
IPO Listing Date19 February 2025
Opening Price on NSE SMEComing soon
Closing Price on NSE SMEComing soon

PS Raj Steels Offer Lead Manager

KHAMBATTA SECURITIES LIMITED
806, 8th Floor, Tower-B, World Trade Tower, Noida
Sector-16, Uttar Pradesh-201301, India
Phone: +91-9953989693
Email[email protected]
Website: www.khambattasecurities.com


PS Raj Steels Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com


PS Raj Steels Issue Contact Details

PS RAJ STEELS LIMITED
51 Block A, IDC, Hisar-125005, Haryana, India
Phone: +91-9812700024
E-mail: [email protected]
Website: www.pssrgroup.com


IPO FAQs

What is PS Raj Steels’ offer size?

PS Raj Steels’ offer size is INR 27.47 – 28.28 crores.

What is PS Raj Steels’ offer price band?

PS Raj Steels public offer price is INR 136 – 140 per share.

What is the lot size of PS Raj Steels IPO?

PS Raj Steels offer lot size is 1,000 shares.

What is PS Raj Steels IPO GMP today?

PS Raj Steels IPO GMP today is INR NA per share.

What is PS Raj Steels kostak rate today?

PS Raj Steels kostak rate today is INR NA per application.

What is PS Raj Steels IPO Subject to Sauda rate today?

PS Raj Steels’s Subject to Sauda rate today is INR NA per application.

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