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Open
12 Feb 2025
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Close
14 Feb 2025
3
Allotment
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Listing
Wed, Feb 19, 2025
Price Band
₹132 to ₹140
Issue Size
20,20,000 shares (agg. up to ₹28 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Feb 19, 2025
Latest GMP
₹3
Est. Gain
2.14%
✦ AI Insight
GMP Trend
19-02-2025₹3Est. ₹143+2.14%
18-02-2025₹3Est. ₹143+2.14%
17-02-2025₹3Est. ₹143+2.14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.17x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 55.36 | 52.07 | 74.12 | 45.94 |
| Total Income | 139.12 | 297.76 | 225.44 | 179.89 |
| Profit After Tax | 3.87 | 6.36 | 3.65 | 3.57 |
| NET Worth | 34.43 | 30.60 | 24.30 | 20.65 |
| Reserves and Surplus | 28.91 | 29.99 | 23.69 | 20.04 |
| Total Borrowing | 17.25 | 17.80 | 18.02 | 17.09 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Newmalayalam Steel Ltd. | SME | ₹41.76 Cr | ₹90 | 26.67 | ₹85.50 | -5.00% | ₹23.10 |
| Kalana Ispat Ltd. | SME | ₹32.59 Cr | ₹66 | 22.59 | ₹47.40 | -28.18% | ₹20.55 |
| Excellent Wires & Packaging Ltd. | SME | ₹12.60 Cr | ₹90 | 33.3 | ₹82.05 | -8.83% | ₹205.50 |
| Aditya Ultra Steel Ltd. | SME | ₹45.88 Cr | ₹62 | 13.64 | ₹66.40 | +7.10% | ₹24.55 |
| Jay Bee Laminations Ltd. | SME | ₹88.96 Cr | ₹146 | 13.58 | ₹291.25 | +99.49% | ₹82.00 |
| Visaman Global Sales Ltd. | SME | ₹16.05 Cr | ₹43 | 38.25 | ₹47.35 | +10.12% | ₹55.45 |
| Deem Roll Tech Ltd. | SME | ₹29.26 Cr | ₹129 | 11.31 | ₹209.70 | +62.56% | ₹44.40 |
| Bansal Wire Industries Ltd. | Mainboard | ₹745.00 Cr | ₹256 | 41.41 | ₹350.35 | +36.86% | ₹314.90 |
| Vibhor Steel Tubes Ltd. | Mainboard | ₹72.17 Cr | ₹151 | 10.17 | ₹446.25 | +195.53% | ₹124.44 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 26.50 |
| 2 | Issue Expenses | 1.78 |
| Total | 28.28 |
About P S Raj Steels IPO
Updated on Aug 5, 2026
Contact Details
P S Raj Steels Ltd. AddressV & P.O, Talwandi RukkaHisarHisar, Haryana, 125001+91-9812700024cs@psrajsteels.comVisit Website