214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

PS Raj Steels IPO (PS Raj Steels Limited IPO) Detail

PS Raj Steels Limited is an Steel based company, located in Hisar, PS Raj Steels Limited IPO size was 28.28 Cr. and was issued at 140.00 per share. The share of PS Raj Steels Limited were listed at 145.00 per share and are currently trading at 264.00 per share.

Type :
Sub Sector : Manufacturing And Supplying SS Pipes And Tubers
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
278.24 Cr.

PAT :
7.74 Cr.

Pricing Report

Issue Price :
140.00

Listing Price :
145.00

Current Market Price :
264.00

Issue Price vs CMP :
124 (88.57%)

listing Price vs CMP :
119 (82.07%)

Performance Report (CAGR* wise)

CAGR : 171.27
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About PS Raj Steels

Company Information
P S Raj Steels is one of the growing & leading manufacturers & supplier of Stainless-Steel Pipes & Tubes in India.
The product offerings include:
• Outer Diameter (OD) Pipes (from ½ inch to 18 inches);
• Nominal Bore (NB) Pipes (from 3/8 inch to 18 inches);
• Section Pipes (square, rectangular and oval shapes);
• Slotted Pipes.
P S Raj Steels take pride in offering an extensive array of over 250 standard sizes and providing customized solutions tailored to customer preferences. This makes them one of the manufacturers in India to manufacture such wide range of product sizes. In addition to their core manufacturing operations, as on March 31, 2024 approximately 30% of their revenue comes from trading in Stainless-Steel Coils & Strips, Sheets & Plates, and Bars.
Object of Issue
  • To meet the working capital requirements of the Company

PS Raj Steels SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2025
IPO Size :
28.28 Cr.
Market Cap :
105.54 Cr.   
IPO Subscription :
9.82 X     
PE Multiple :
13.65
Anchor Investors:
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Peer Companies Of This Sector

FAQs

PS Raj Steels operates in Steel and Manufacturing And Supplying SS Pipes And Tubers. The Issue is listed on NSE EMERGE in Feb, 2025. PS Raj Steels IPO size was 28.28 Cr. with Issue price of 140.00 .

PS Raj Steels IPO subscription was 9.82 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

PS Raj Steels IPO listed at a listing price of 145.00 against the offer price of 140.00.

The current market price of PS Raj Steels is 264.00.

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