P S Raj Steels Ltd IPO – Dates, Price Band & Lot Size

The P S Raj Steels Ltd IPO will be live from 12 Feb'25 to 14 Feb'25 with an issue size of ₹28.28 crores. The IPO is priced in the band of ₹0.00–₹140.00 per share with a minimum lot size of 1000.00 shares. Stay updated with IPO dates, allotment status, and listing details.

Min Investment ₹140000.00

Subscribed Times 9.21x

Issues size ₹28 Crores

Price Range ₹0.00 - ₹140.00

Open on 12 Feb'25

Close on 14 Feb'25

P S Raj Steels Ltd IPO Details

Lot Size 1000.00

Issue size ₹28 Crores

Issue Type Book Building

P S Raj Steels Ltd Shares Offered

Qualified Inst. Buyers 26.19

Non Inst. Buyers 19.64

Retails Ind. Buyers 45.83

P S Raj Steels Ltd Subscription Status

(as of 13 Feb 2026) Overall Status 9.21x

Qualified Inst. Buyers 1.21x

Non Inst. Buyers 21.75x

Retails Ind. Buyers 10.04x

P S Raj Steels Ltd IPO Timeline

12 Feb'25 Issue Open

14 Feb'25 Issue Close

17 Feb'25 Finalization of Basis of Allotment

18 Feb'25 Initiation of refund

18 Feb'25 Transfer of shares to Demat Account

19 Feb'25 Listing Date

P S Raj Steels Ltd Objects of the offer

Expansion of our footprint in domestic market.

Continue to enhance our core strengths by attracting, retaining and training qualified personnel.

Continue to improve operating efficiencies through technology enhancements.

Strengthen our Goodwill.

P S Raj Steels Ltd Company's Financials

Assets(cr) Mar 2025 69.91 Mar 2024 48.73 Mar 2023 42.57

Gross Profit(cr) Mar 2025 10.93 Mar 2024 9.29 Mar 2023 5.69

Liabilities(cr) Mar 2025 4.97 Mar 2024 18.23 Mar 2023 18.27

Net Income(cr) Mar 2025 7.41 Mar 2024 6.34 Mar 2023 3.65

Revenue(cr) Mar 2025 266.27 Mar 2024 297.75 Mar 2023 225.43

P S Raj Steels Ltd Peer Comparison

Script Name P S Raj Steels Ltd Revenue(cr) 297.75 Net Profit(cr) 6.34 EPS 0.00 Current Ratio 14.62

Script Name Remi Edelstahl Tubulars Ltd Revenue(cr) 117.13 Net Profit(cr) 1.39 EPS 1.26 Current Ratio 1.63

Script Name Venus Pipes & Tubes Ltd Revenue(cr) 802.20 Net Profit(cr) 85.98 EPS 42.36 Current Ratio 11.34

Script Name Suraj Ltd Revenue(cr) 330.67 Net Profit(cr) 21.52 EPS 11.72 Current Ratio 11.59

P S Raj Steels Ltd IPO

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P S Raj Steels Ltd Company Contact Info

V & P.O Talwandi Rukka,

,

Hissar-125001

Phone : +91 98127 00024

P S Raj Steels Ltd Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No S6-2,

Pinnacle Busine.Park-Mumbai - 400093

Phone : 91-22-62638200

Fax : 91-22-63638299

P S Raj Steels Ltd Book Running Managers

Khambatta Securities Ltd

Initial public issue of up to 20,20,000 equity shares of face value of Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. 140 per equity share (including a share premium of Rs. 130 per equity share) (Issue Price) aggregating up to Rs. 28.28 crores (Issue / Offer). This issue includes a reservation of up to 1,01,000* equity shares aggregating up to Rs. 1.41 crores for subscription by market maker (Market Maker Reservation Portion) and a reservation of up to 20,000* equity shares (constituting up to [*]% of the post-issue paid-up equity share capital of the company) aggregating up to Rs. [*] crores for subscription by eligible employees (as defined hereinafter) (the Employee Reservation Portion). The issue less the market maker reservation portion and employee reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue shall constitute [*]% and [*]%, respectively, of the post-issue paid-up equity share capital of the company, respectively. Price Band: Rs. 140 per equity share of face value of Rs. 10 each.The Floor price is 14 times the face value of the equity shares respectively.Bids can be made for a minimum of 1000 equity shares and in multiple of 1000 equity shares thereafter.

P S Raj Steels Ltd IPO FAQs

What is the issue size of P S Raj Steels Ltd IPO?

The issue size of P S Raj Steels Ltd IPO is ₹ 28 crore.

What is 'pre-apply' for P S Raj Steels Ltd IPO?

'Pre-apply' lets you place your IPO application before the official opening date.

If I pre-apply for P S Raj Steels Ltd IPO, when will my order get placed?

Your order will be placed automatically once the IPO opens for subscription.

When will I know if my P S Raj Steels Ltd IPO order is placed?

You'll get a confirmation via SMS/email once your IPO order is successfully placed.

What are the open and close dates of the P S Raj Steels Ltd IPO?

The IPO opens on 12 Feb and closes on 14 Feb.

What is the lot size and minimum order quantity of the P S Raj Steels Ltd IPO?

The minimum order is 1 lot, which consists of 1000.00 shares.

What is the allotment date for the P S Raj Steels Ltd IPO?

The allotment is expected on 17 Feb.

Who is the registrar of the P S Raj Steels Ltd IPO?

Bigshare Services Pvt Ltd is the registrar for this IPO.

Where is the P S Raj Steels Ltd IPO getting listed?

It will be listed on NSE.