P S RAJ STEELS LIMITED

12 Feb 2025 - 14 Feb 2025 Individual Category SME NSE

Min Investment

₹140000

Price Band

₹132-₹140

Issue Size

14.51 lakhs
Equity Shares

Lot Size

1000

IPO Dates
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12 Feb 2025

Open Date

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14 Feb 2025

Close Date

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17 Feb 2025

Allotment Date

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19 Feb 2025

Listing Date

PS Raj Steels IPO open date is from February 12, 2025 to February 14, 2025. This upcoming IPO is offering entirely a fresh issue of up to14.51 lakh equity shares; there are no offers for sale part included in this IPO. PS Raj Steels IPO price band is Rs 132 – Rs 140 per share. As of now, PS Raj Steels IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.PS Raj Steels IPO lot size is 1000 shares, and the allotment status will be finalised on Monday, February 17, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,40,000. The registrar for PS Raj Steels IPO is Bigshare Services Private Limited. The listing date is Wednesday, February 19, 2025.

Know Before Investing

Strengths icon

  • Experienced leadership and skilled workforce
  • Strong ties with Jindal Stainless Limited
  • Presence in 18+ states with a well-known brand.

Weaknesses icon

  • Highly dependent on Jindal Stainless Limited
  • Business is concentrated in four states
  • Loss of key customers may hurt revenue.

About P S Raj Steels Limited

P S Raj Steels Limited, incorporated in 2004, is a supplier and manufacturer of stainless steel pipes and tubes. The company offers a various product range, including outer diameter, nominal bore, section, and slotted pipes, serving industries such as railways, furniture, and food processing.P S Raj Steels has a manufacturing unit in Hisar, Haryana with a production capacity of up to 13,460 metric tons per year. They provide over 250 standard sizes and offer customised products tailored to specific client requirements. The company focuses on delivering quality stainless-steel solutions to meet diverse industrial needs. Their commitment to customisation and a broad product range positions them as a key supplier.

Founded

2004

Managing Director

-

Parent Organization

-

IPO Objectives

PS Raj Steels' IPO objectives include utilising the funding received from the fresh issue to meet the company's working capital requirements.

Company Promoters

Raj Kumar Gupta

Deepak Kumar

Gaurav Gupta

Vishal Gupta

Nikita Gupta

M/s Raj Kumar HUF

M/s Deepak Kumar HUF

M/s Gaurav Gupta HUF

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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