58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Purohit Steel India Limited IPO (Purohit Steel India IPO) Detail

Purohit Steel India IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Steel sector. Seren Capital Private is the merchant banker of Purohit Steel India IPO. It is a SME UPCOMING IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th October 2024.

Purohit Steel India IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].

IPO Category : SME UPCOMING
Exchange : NSE EMERGE
Issue Type : Book Building

Purohit Steel India IPO Date

Date of DRHP:
4th October 2024
IPO Allotment Date:
[●]
IPO Open Date:
[●]
Initiation of Refund:
[●]
IPO Closing Date:
[●]
IPO Listing Date:
[●]

Purohit Steel IPO Info, Size, Subscription

Purohit Steel India IPO size is Rs [●] crores with IPO price of Rs [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
[●]

Issue Price:
[●]

Market Capitalisation :
[●]

PE multiple :
[●]

Subscription :
[●]

Pre Issue Promoter Holding :
99.97 %

Post Issue Promoter Holding :
0.00%

Purohit Steel India IPO Information

Sub Sector :
Purohit Steel India  is engaged in the processing of special-grade alloy steel which includes plastic mould steel, hot work tool steel, cold work tool steel, EN Series steel and high-speed steel that are integral to various industrial applications, serving major industrial end users in sectors such as automotive, aerospace, electronics, telecom, refractories, plastic products, packaging, mining equipments, machine manufacturing etc. Purohit Steel India  special steel products are crucial for manufacturing moulds and dies used in the production of automotive components, home appliances, electronic goods, sheet metal items, plastic items, pipe fittings, packaging items such as caps and closures, toys, luggage etc. Beyond moulds and dies, their specialty steel products are utilized in producing machine components, die casting components and heavy engineering components. Purohit Steel India
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Object of Issue (Purohit Steel IPO Objectives)

  • Funding of capital expenditure towards setup of a new processing facility
  • Funding working capital requirements of the company
  • General Corporate Purpose

Seren Capital Private Limited is the book-running lead manager of the Purohit Steel India IPO. Bigshare Services Private Limited is the Registrar and Market Maker is [●] for Purohit Steel India IPO.

Purohit Steel IPO Market Maker

[●]

Purohit Steel IPO Registrar (RTA)

Bigshare Services Private Limited

Purohit Steel IPO Lead Manager (BRLM)

Seren Capital Private Limited

Purohit Steel India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Purohit Steel India IPO?

Purohit Steel India IPO, based in Mumbai, operates in the   Steel sector with a focus on . The company is launching its SME UPCOMING IPO on the NSE EMERGE exchange, using the Book Building Issue method. Purohit Steel India IPO size is ₹ [●] Crores with fresh issue size of Rs [●] Crores and Offer for sale being Nil.

When is Purohit Steel IPO allotment?

The IPO allotment date for Purohit Steel India IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Purohit Steel India IPO allotment status on the registrars website, Bigshare Services Private Limited. Purohit Steel India IPO refund dates are [●].

When is Purohit Steel India IPO listing date?

Purohit Steel India IPO is expected to be listed on [●].

What is the price band for Purohit Steel IPO?

The upper price band for the Purohit Steel India IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Purohit Steel India IPO Review?

For IPO analysis on Purohit Steel India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Purohit Steel India IPO?

To apply for the Purohit Steel India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Purohit Steel India IPO is finalised.

Who is the merchant banker of Purohit Steel IPO?

The merchant banker for Purohit Steel India IPO is Seren Capital Private Limited . Seren Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Purohit Steel India IPO RHP for further details.

Who is the Registrar of Purohit Steel India IPO?

The registrar for Purohit Steel India IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Purohit Steel India IPO through their official website or helpline.

What is the Purohit Steel India IPO subscription?

Purohit Steel India IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: [●] Avg IPO Size (Sector Based) : [●]
  • Sector: Steel SME IPO so far: 26
  • Merchant Banker: Seren Capital SME IPO by BRLM so far: 47
  • City: Mumbai SME IPO so far: 48
  • Revenue (annualised): ₹ 31.62 cr.
            PAT: (annualised): ₹ 2.69 cr.
  • PE Ratio: [●] Average Sector PE Ratio: [●]
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FAQs

Purohit Steel India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Purohit Steel India Financial Review Page

Purohit Steel India IPO subscription was 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.

Purohit Steel India IPO listed at a listing price of against the offer price of .

The current market price of Purohit Steel India is .

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