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IPO Note | Closed

P S Raj Steels Ltd

Minimum Investment

1,40,000

Retail Investor can invest upto Rs 0 in IPO
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Retail Discount

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Open Date

12-Feb-25
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Close Date

14-Feb-25
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Application Timing

IPO Details

  • Min Order Quantity
    1000
  • Price Range
    140-0
  • Issue Size
    28.28
  • Face Value
    10
  • Listing at
    NSE - SME
  • IPO Doc
    DRHP PDFpdf - img

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Lead Manager

Khambatta Securities Ltd

About Company

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    Parent Organization
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    Founded
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    Managing Director
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    Website
    www.pssrgroup.com
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    Registered Office
    V & P.O Talwandi Rukka,,
    Hissar,125001,Haryana

IPO Schedule

Offer Start

12-Feb-25

Offer End

14-Feb-25

Allotment Finalization

Refund initiation

Demat transfer

Listing

Key Objective

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.

Financial Snapshot (Standalone)

Financial Year Ended Revenue( Crores) PAT ( Crores) EPS()
Mar 2024 297.75 6.36 103.78
Mar 2023 225.43 3.65 59.56
Mar 2022 179.72 3.57 58.24
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How to apply for IPOs with Arihant Capital

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Step 1

Go to IPO Online page

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Step 2

Login using your “client code” or PAN and mobile number by verifying OTP.

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Step 3

Click on “Apply IPO” to enter your bid quantity and UPI id.

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Step 4

Go to your UPI application and approve the payment request.

Viola! You have successfully applied to the IPO.

First time bidding for an IPO? This is all you need to know.

Bidding online is one of the most efficient ways to subscribe to an IPO.

  • If you are an Arihant Customer, simply login using your client code and OTP.
  • Not an Arihant customer? No worries, apply using your PAN number.
  • Enter the bid quantity and approve the UPI payment mandate.
  • Your bid is complete!

When the IPO shares are allotted, you will either get full or partial allotment from the bid you made.

Sometimes, the IPO is oversubscribed, and you may not get any shares allotted to you. In such cases the full amount will be refunded to you.

To apply for an IPO,

  • It is necessary to have a demat account and a UPI ID.
  • Don’t have a demat account yet? Click here.
  • Your mobile number should be linked to your bank account.

Applying for an IPO using UPI is super quick.

Haven’t started using UPI yet? Open one using your bank or UPI applications like Google Pay, BHIM, PhonePe etc.

Click here to learn how to create your UPI

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