P S Raj Steels Limited

Company Name	P S Raj Steels Limited
Open Date	12-02-2025
Close Date	14-02-2025
Exchange	NSE SME
Lot Size	1,000 Shares
Issue Price	₹132 to ₹140 per share
Issue Size	20,20,000 shares
Application Amount	₹1,40,000
Recommendation	Apply

P S Raj Steels Limited was originally incorporated on Nov 09, 2004. The registered office is located at Haryana, India. The company is engaged in the business of manufacturing and supplying of stainless-steel pipes & tubes. The company derives majority of its revenue from sale of stainless steel pipes & tubes and stainless steel sheets & coils. The company has 114 permanent employees as on Jan 31, 2025.

(Read more on the review)

Financial Summary in Lakhs

For the Period Ended	Mar-22	Mar-23	Mar-24	Dec-24
Revenue	17,971.82	22,542.65	29,774.93	13,911.15
EBITDA	670.73	694.72	1,080.10	635.68
Net Profit	357.08	365.18	636.29	387.06
RoCE	23.52%	23.44%	31.82%	17.78%*
ROE	17.29%	15.03%	20.79%	11.63%*
P/E	21.64	21.15	12.14	13.63*

Tentative Timeline

Opening Date	12-02-2025
Closing Date	14-02-2025
Basis of Allotment	17-02-2025
Initiation of Refunds	18-02-2025
Credit of Shares to Demat	18-02-2025
Listing Date	19-02-2025

Objects of the Issue

Working capital requirements

General Corporate Purposes

Contact Information

Registered Office	PS Raj Steels Limited V & P.O Talwandi Rukka Hisar-125001
Phone	+91-9812700024
Email	cs@psrajsteels.com
Website	http://www.pssrgroup.com/

Offer Documents

P S Raj Steels IPO DRHP

P S Raj Steels IPO RHP

Registrar Details

Name	Bigshare Services Private Limited
Phone	+91-22-6263 8200
Email	ipo@bigshareonline.com
Website	https://ipo.bigshareonline.com/IPO_Status.html

IPO Reservation

QIB Shares Offered	Not more than 50% of the Net Issue
NII (HNI) Shares Offered	Not less than 15% of the Net Issue
Retail Shares Offered	Not less than 35% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters)	100.00%
Shareholding Post Issue (Promoters)	73.20%