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IPO Synopsis

P S Raj Steels Ltd
Initial public issue of up to 20,20,000 equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 140 per equity share (including a share premium of Rs. 130 per equity share) ("Issue Price") aggregating up to Rs. 28.28 crores ("Issue / Offer"). This issue includes a reservation of up to 1,01,000* equity shares aggregating up to Rs. 1.41 crores for subscription by market maker ("Market Maker Reservation Portion") and a reservation of up to 20,000* equity shares (constituting up to [*]% of the post-issue paid-up equity share capital of the company) aggregating up to Rs. [*] crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The issue less the market maker reservation portion and employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute [*]% and [*]%, respectively, of the post-issue paid-up equity share capital of the company, respectively. Price Band: Rs. 140 per equity share of face value of Rs. 10 each. The Floor price is 14 times the face value of the equity shares respectively. Bids can be made for a minimum of 1000 equity shares and in multiple of 1000 equity shares thereafter.
Issue
Opens On Closes On
12-Feb-25 14-Feb-25
Money Payable On
Application Allotment
140.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
Cr Lead Managers to the Issue
Project Cost (.Cr) 26.50 Khambatta Securities Ltd
Project Financed through Current Offer (.Cr) 28.28  
Post Issue Equity Share Capital (.Cr) 7.54
Issue Price () 140.00
Projects
Working Capital Requirement including margin money
Promoted By
Raj Kumar Gupta
Deepak Kumar
Gaurav Gupta
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd