When does P S Raj Steels IPO subscription close?

P S Raj Steels IPO subscription closes on 2025-02-14.

PSRAJSME / NSEListed

P S Raj Steels

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.

DRHP RHP ANCHOR

₹132 - ₹1409.89x sub

Listed Price₹145.00

Listing Gain+3.57%

PSRAJSME / NSEListed

P S Raj Steels IPO Subscription

Q: What is the live subscription status of P S Raj Steels IPO?

P S Raj Steels IPO has been subscribed 9.89x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Individual Investors.

DRHP Document RHP Document ANCHOR Document

Price Band₹132 - ₹140

Lot Size1,000 shares

Min Bid₹1,40,000

Subscription9.89x

Listed Market Snapshot

₹145.00Listed price from market data

+3.57%listing gain

Issue Amount

₹28.28 Cr

Listed Price

₹145.00

Current Price

₹98.9

Registrar

Bigshare Services Private Limited

Subscription Status

9.89xTotal Demand

Updated 20 Oct 2026, 01:30 AM

QIB1.21x

Fully Subscribed (Safe)Offered: 3,80,000 sh

Nib21.75x

Hot Bidding (High Profits)Offered: 2,85,000 sh

Retail10.04x

Hot Bidding (High Profits)Offered: 6,65,000 sh

Employees1.20x

Fully Subscribed (Safe)Offered: 20,000 sh

Category	Offered (Shares)	Applied (Shares)	Times Subscribed
QIB	3,80,000	4,60,000	1.21x
Nib	2,85,000	61,98,000	21.75x
Retail	6,65,000	66,75,000	10.04x
Employees	20,000	24,000	1.2x

Category	Offered	Applied	Times
QIB	3,80,000	4,60,000	1.21x
Nib	2,85,000	61,98,000	21.75x
Retail	6,65,000	66,75,000	10.04x
Employees	20,000	24,000	1.2x

Segment Subscription Demand

Segment / Category	Demand (Shares)	Offered (Shares)	Times Sub.
QIB	6.44	5.32	1.21x
Retail	93.45	9.31	10.04x
Employees	0.34	0.28	1.21x

Application-wise Breakup

Category	Applied	Times Sub.
QIB	3	Open
Nib	318	Open
Retail	6,675	Open
Employees	17	Open

Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

About P S Raj Steels IPO Subscription Demand

Live subscription status and bidding analysis for P S Raj Steels (PSRAJ) IPO. The issue is subscribed 9.89x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.