Stay updated on the PS Raj Steels IPO GMP, Kostak rates, and Subject to Sauda rates. The GMP for this IPO is active, and the latest figures are available now. Keep an eye on the numbers as the IPO subscription date approaches here. The PS Raj Steels IPO is open for subscription from Feb 12, 2025, to Feb 14, 2025.
PS Raj Steels Limited, founded in 2004, manufactures stainless steel pipes and tubes for sectors like railways, furniture, and food processing. With a three-acre facility in Hisar, Haryana, it has a 13,460 metric ton annual capacity. The company operates across 18 states with 77 dealers, offering 250+ standard sizes and customized solutions.
Overview of Contents
What is PS Raj Steels IPO GMP Today
| Date | IPO GMP | Kostak | Subject to |
|---|---|---|---|
| 17 Feb | ₹0 | ₹- | ₹- |
| 16 Feb | ₹0 | ₹- | ₹- |
| 15 Feb | ₹0 | ₹- | ₹- |
| 14 Feb | ₹0 | ₹- | ₹- |
| 13 Feb | ₹0 | ₹- | ₹- |
| 12 Feb | ₹0 | ₹- | ₹- |
| 11 Feb | ₹0 | ₹- | ₹- |
| 10 Feb | ₹0 | ₹- | ₹- |
| 9 Feb | ₹0 | ₹- | ₹- |
| 8 Feb | ₹0 | ₹- | ₹- |
| 7 Feb | ₹0 | ₹- | ₹- |
| 6 Feb | ₹0 | ₹- | ₹- |
| 5 Feb | ₹0 | ₹- | ₹- |
PS Raj Steels IPO Overview
| Category | Details |
|---|---|
| IPO Open Date | February 5, 2025 |
| IPO Close Date | February 7, 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹94 per share |
| Issue Size | Approx ₹83.65 crores |
| Fresh Issue | 61,99,200 shares (₹58.27 crores) |
| Offer for Sale | 27,00,000 shares (₹25.38 crores) |
| Issue Type | Fixed Price Issue |
| Listing Exchange | NSE SME |
| Retail Quota | Not more than 50% |
| QIB Quota | Not more than 00% |
| NII Quota | Not more than 50% |
| Lot Size | 1,200 shares |
| Minimum Investment | Retail: ₹1,12,800 (1 lot); NII: ₹2,25,600 (2 lots) |
| Total Issue Size | 88,99,200 shares (₹83.65 crores) |
| Share Holding Pre-Issue | 1,83,66,280 shares |
| Share Holding Post-Issue | 2,45,65,480 shares |
| Market Maker Portion | 4,45,200 shares |
| Listing Date | Tentatively February 12, 2025 |
| Allotment Date | Expected on February 10, 2025 |
| DRHP | Click here |
| RHP | Click Here |
| Anchor Investors List | Click here |
PJ Raj Steels IPO Dates
| Event | Date |
|---|---|
| Subscription Opens | Wednesday, February 12, 2025 |
| Subscription Closes | Friday, February 14, 2025 |
| Allotment Finalization | Monday, February 17, 2025 |
| Refund Initiation | Tuesday, February 18, 2025 |
| Shares Credited to Demat | Tuesday, February 18, 2025 |
| Expected Listing Date | Wednesday, February 19, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on February 14, 2025 |
PS Raj Steels IPO GMP aka FAQs
What is the current GMP for PS Raj Steels IPO?
The current Grey Market Premium (GMP) for Ken Enterprises IPO is ₹[].
What is the current Kostak Rate for PS Raj Steels IPO?
The current Kostak Rate for Ken Enterprises IPO is ₹0.
What is the current Subject to Sauda for PS Raj Steels IPO?
The current Subject to Sauda for Ken Enterprises IPO is ₹[].
Disclaimer:
- The Grey Market Premium (GMP) for PS Raj Steels IPO reflects the demand in the unofficial market and is valid only for the date mentioned.
- We do not engage in buying or selling IPO forms in the Grey Market.
- Kostak Rate is the premium amount you can earn by selling your IPO application in an off-market transaction before allotment or listing.
- While GMP can provide an indication of market sentiment, it is highly volatile and can change at any time. Relying solely on GMP for investment decisions is risky.
- Investors should focus on the company’s financials, business model, growth potential, and overall fundamentals before subscribing to any IPO. Always make informed decisions to ensure long-term benefits rather than being influenced by short-term market trends.
