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PSRAJSME / NSEListed

P S Raj Steels Limited

Founded in November 2004, PS Raj Steels Limited is a leading Indian manufacturer and supplier of stainless steel pipes and tubes, catering to industries such as railways, furniture, households, food processing, and heat exchangers. Its product range includes OD pipes (½ inch to 18 inches), NB pipes (3/8 inch to 18 inches), section pipes in square, rectangular, and oval shapes, and slotted pipes. The company operates a modern 3-acre manufacturing facility in Hissar, Haryana, equipped with advanced technology and strict quality controls. With a strong presence across 18 states and a network of 77 dealers, PS Raj Steels works closely with OEMs to deliver customized, high-quality products on time. As of January 2025, it employs 114 people, supporting its continued growth and operations.

₹132 - ₹1409.89x sub
Listed Price145.00
Listing Gain+3.57%
TimelineBookbuilding IPO
Open12 Feb 2025
Close14 Feb 2025
Allotment17 Feb 2025
Listing19 Feb 2025

Quota Reservation Portions

RetailPortion: 6,65,000 shares
32.92%
Nii (hni) Portion: 2,85,000 shares
14.11%
EmployeePortion: 20,000 shares
0.99%
AnchorPortion: 5,69,000 shares
28.17%
QIBPortion: 3,80,000 shares
18.81%
Market MakerPortion: 1,01,000 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 1,000 shares
₹1,40,000
HNI2 lots / 2,000 shares
₹2,80,000

About the Company

Founded in November 2004, PS Raj Steels Limited is a leading Indian manufacturer and supplier of stainless steel pipes and tubes, catering to industries such as railways, furniture, households, food processing, and heat exchangers. Its product range includes OD pipes (½ inch to 18 inches), NB pipes (3/8 inch to 18 inches), section pipes in square, rectangular, and oval shapes, and slotted pipes. The company operates a modern 3-acre manufacturing facility in Hissar, Haryana, equipped with advanced technology and strict quality controls. With a strong presence across 18 states and a network of 77 dealers, PS Raj Steels works closely with OEMs to deliver customized, high-quality products on time. As of January 2025, it employs 114 people, supporting its continued growth and operations.

Company Promoters

Mr Raj Kumar GuptaMr Deepak KumarMr Gaurav GuptaMr Vishal GuptaMs Nikita GuptaM/s Raj KumarM/s Deepak Kumar M/s Gaurav Gupta
P S Raj Steels Limited IPO Details | GMP, Allotment & Financials | IPO Trending