Renny Strips IPO Details
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Renny Strips IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.
The Lead Managers for Renny Strips IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Pantomath Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Renny Strips Limited DRHP.
Renny Strips IPO Details
Renny Strips IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Renny Strips IPO Reservation
Promoter Holding
Documents
Renny Strips IPO Valuations
Renny Strips Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 593.70 | 443.39 | 291.44 | 208.17 |
| Total Income | 492.24 | 861.13 | 887.16 | 537.24 |
| Profit After Tax | 23.78 | 19.66 | 11.47 | 9.59 |
| EBITDA | 45.52 | 48.39 | 28.39 | 18.43 |
| NET Worth | 105.76 | 81.86 | 62.21 | 43.72 |
| Reserves and Surplus | 37.66 | 79.03 | 59.38 | 41.24 |
| Total Borrowing | 372.46 | 289.73 | 201.21 | 141.23 |
| Amount in ₹ Crore | ||||
About Renny Strips IPO
Renny Strips Limited is engaged in the manufacturing of precision steel strips and a diversified range of steel products catering to multiple industrial applications that require consistent quality, strength, and dimensional accuracy.
The Company primarily serves sectors such as automotive components, engineering, electrical equipment, infrastructure, and general manufacturing. With a strong emphasis on process efficiency, quality control, and compliance with industry standards, Renny Strips Limited focuses on delivering reliable and application-specific steel solutions to its customers.
The Company operates through three manufacturing units located in Ludhiana, Punjab, spread across a total land area of 58,178.59 square meters. Its integrated manufacturing capabilities span the steel value chain, enabling efficient production and supply.
Product Portfolio
- Renny Strips Limited offers a wide range of steel and fabricated products, including:
- Mild Steel Billets (MS Billets)
- Wire Rods
- Narrow-width Hot Rolled Coils (HR Coils)
- Electric Resistance Welded (ERW) Black and Galvanized Steel Pipes and Tubes
- Precision Fabricated Steel Products
- Design-driven Scaffolding and Formwork Systems
These products find applications across diverse end-use industries such as construction, infrastructure, automotive, industrial manufacturing, and engineering projects.
Operations and Workforce
As of September 30, 2025, the Company employed 614 permanent employees, supporting its manufacturing, quality assurance, logistics, administration, and management functions.
By leveraging its manufacturing infrastructure, skilled workforce, and product diversification, Renny Strips Limited aims to strengthen its market position and meet the evolving requirements of industrial customers.
Strength Of Renny Strips IPO
Risk Of Renny Strips IPO
Objectives Renny Strips IPO
1. Funding the capital expenditure requirements of their Company towards: a. setting up of a new manufacturing unit to expand their production capabilities to manufacture Scaffolding and Formwork systems along with ERW pipes and tubes at Ludhiana, Punjab (“Proposed Unit IV”); and b. upgradation of their existing manufacturing Unit I and Unit III.
2. Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company
3. General corporate purposes
Company Contact Details
Renny Strips Ltd Address
Khasra No 34//6/2 (0-8)-7 (8-0)-9,
Khata No 121/127, Lakhowal Road,
Kohara, Ludhiana, Punjab, 141112
Phone: +91 6283368523
Email: compliance@rennystrips.com
Website: http://www.rennystrips.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports