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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 593.70 | 443.39 | 291.44 | 208.17 |
| Total Income | 492.24 | 861.13 | 887.16 | 537.24 |
| Profit After Tax | 23.78 | 19.66 | 11.47 | 9.59 |
| EBITDA | 45.52 | 48.39 | 28.39 | 18.43 |
| NET Worth | 105.76 | 81.86 | 62.21 | 43.72 |
| Reserves and Surplus | 37.66 | 79.03 | 59.38 | 41.24 |
| Total Borrowing | 372.46 | 289.73 | 201.21 | 141.23 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Behari Lal Engineering Ltd. | Mainboard | ₹301.62 Cr | ₹285 | 17.21 | ₹502.20 | +76.21% | ₹442.15 |
| Rajputana Stainless Ltd. | Mainboard | ₹254.98 Cr | ₹122 | 21.1 | ₹113.03 | -7.35% | ₹190.10 |
| VMS TMT Ltd. | Mainboard | ₹148.50 Cr | ₹99 | 22.24 | ₹99.65 | +0.66% | ₹44.12 |
| Anubhav Plast Ltd. | SME | ₹24.00 Cr | ₹80 | 10.67 | ₹76.00 | -5.00% | ₹46.00 |
| Kasturi Metal Composite Ltd. | SME | ₹17.61 Cr | ₹64 | 23.59 | ₹63.16 | -1.31% | ₹52.01 |
| Shri Kanha Stainless Ltd. | SME | ₹46.28 Cr | ₹90 | 16.23 | ₹83.60 | -7.11% | ₹22.80 |
| Mittal Sections Ltd. | SME | ₹52.91 Cr | ₹143 | 31.15 | ₹108.70 | -23.99% | ₹24.50 |
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹95.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure requirements of their Company towards: a. setting up of a new manufacturing unit to expand their production capabilities to manufacture Scaffolding and Formwork systems along with ERW pipes and tubes at Ludhiana, Punjab (“Proposed Unit IV”); and b. upgradation of their existing manufacturing Unit I and Unit III. | 175.50 |
| 2 | Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company | 55.00 |
| 3 | General corporate purposes |
About Renny Strips IPO
Updated on Jun 22, 2026
Contact Details
Renny Strips Ltd. AddressKhasra No 34//6/2 (0-8)-7 (8-0)-9,Khata No 121/127,Lakhowal Road, Kohara,Ludhiana, Punjab, 141112+91 6283368523compliance@rennystrips.comVisit Website