P S Raj Steels
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 12 Feb 2025 – 14 Feb 2025
- Listing date
- 19 Feb 2025
- Face value
- ₹10 per share
- Issue price
- ₹140 per share
- Lot size
- 1,000 shares
- Listing at
- NSE
- Total issue size
- ₹28.28 Cr
- Market cap at offer price
- ₹106 Cr
- Promoter holding
- 100.00% → 73.20% pre-issue → post-issue
- ISIN
- INE0XUS01012
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead managers
- Khambatta Securities Ltd.
- Registered office
- V & P.O, Talwandi Rukka, Hisar, Haryana
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 5,69,000 | — | — |
| Market maker | 1,01,000 | — | — |
Application size
Minimum 1,000 shares per lot, in multiples, at ₹140
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,000 | ₹1,40,000 |
| S-HNI (min) | 2 | 2,000 | ₹2,80,000 |
| S-HNI (max) | 7 | 7,000 | ₹9,80,000 |
| B-HNI (min) | 8 | 8,000 | ₹11,20,000 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 11.53 | 10.26 |
| P/E (×) | 12.14 | 13.65 |
| Price to book (×) | 2.52 | — |
| Market cap | — | ₹106 Cr |
Key performance indicators
- Return on net worth
- 20.79%
- ROCE
- 20.64%
- Debt / equity
- 0.58
- PAT margin
- 2.14%
- NAV per share
- ₹55.45
- Price to book
- 2.52
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
About P S Raj Steels
P S Raj Steels Limited was originally incorporated as a private limited company on November 09, 2004, and was converted into a public limited company on August 06, 2024. The company is based in Haryana, India, with its registered office at V & P.O Talwandi Rukka, Hissar-125001, and corporate office at 51 Block A, IDC, Hisar-125005. The company operates in the steel manufacturing sector and is undertaking an Initial Public Offer on the NSE EMERGE (SME Platform of NSE).
Company Analysis
from RHPP S Raj Steels Limited is a steel manufacturing company incorporated in India, engaged in the production and sale of steel products.
P S Raj Steels Limited was originally incorporated as a private limited company on November 09, 2004, and was converted into a public limited company on August 06, 2024. The company is based in Haryana, India, with its registered office at V & P.O Talwandi Rukka, Hissar-125001, and corporate office at 51 Block A, IDC, Hisar-125005. The company operates in the steel manufacturing sector and is undertaking an Initial Public Offer on the NSE EMERGE (SME Platform of NSE).
Issue Structure
- Total Issue
- up to ₹ [●] Lakhs
- Fresh Issue
- 20,20,000 Equity Shares of face value of ₹ 10 each
- Price Band
- ₹ 132 to ₹ 140 per Equity Share
- Lot Size
- 1000 equity shares and in multiples of 1000 equity shares thereafter
- Face Value
- ₹ 10 per Equity Share
Business Model
The document does not provide specific details about the company's business model, revenue streams, or operational activities beyond identifying it as a steel company.
SWOT Analysis
- • Recently converted to public company with fresh capital raise(p.1)
- • Access to public capital markets for growth financing(p.1)
Auto-extracted from the company's RHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official RHP before relying on it.