31 Mar 2022
Assets45.94
Total Income179.89
Profit After Tax3.57
NET Worth20.65
Reserves and Surplus20.04
Total Borrowing17.09
At a glance
Updated 2026-08-24The shares listed at ₹145.00, a 3.57% move from the issue price. PS Raj Steels is a SME IPO with an issue size of ₹28.28 crore, proposed for listing on NSE SME. The offer opens on 12th Feb 2025 and closes on 14th Feb 2025. The issue structure includes a fresh issue of ₹26.87 crore. The current listing schedule points to 19th Feb 2025.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹28.28 Cr
Fresh issue₹26.87 Cr
Face value₹10
Price band₹132.00–₹140.00
Allotment17th Feb 2025
Listing19th Feb 2025
Listing performance
Full performance ↗Issue price₹140.00
Listing price₹145.00
Current price—
Listing gain3.57%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹3.00
GMP / upper price2.14%
Est. listing₹143.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens12th Feb 2025
Closes14th Feb 2025
Allotment17th Feb 2025
Refund18th Feb 2025
Demat18th Feb 2025
Listing19th Feb 2025
Subscription demand
Full bidding ↗Total9.82×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1000 | ₹140,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Working Capital Requirements | ₹26.50 Cr |
| Issue Expenses | ₹1.78 Cr |
| Total | ₹28.28 Cr |
Financials
Full financials ↗31 Mar 2023
Assets74.12
Total Income225.44
Profit After Tax3.65
NET Worth24.30
Reserves and Surplus23.69
Total Borrowing18.02
31 Mar 2024
Assets52.07
Total Income297.76
Profit After Tax6.36
NET Worth30.60
Reserves and Surplus29.99
Total Borrowing17.80
30 Sep 2024
Assets55.36
Total Income139.12
Profit After Tax3.87
NET Worth34.43
Reserves and Surplus28.91
Total Borrowing17.25
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 20.79% |
| ROCE | 20.64% |
| Debt / Equity | 0.58% |
| RoNW | 20.79% |
| PAT Margin | 2.14% |
| Price to Book Value | 2.52 |
Valuation & shareholding
Pre-IPO EPS11.53
Post-IPO EPS10.26
Pre-IPO P/E12.14
Post-IPO P/E13.65
Promoter holding pre100%
Promoter holding post73.2%
Market cap₹105.54 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Working Capital Requirements | ₹26.50 Cr |
| Issue Expenses | ₹1.78 Cr |
| Total | ₹28.28 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Khambatta Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.