RK. Steel Manufacturing company IPO Details

MAINBOARD

RK. Steel Manufacturing company IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

Pre-issue shareholding stands at 4,94,03,130, which will increase to 6,94,03,130 post-issue.

The Lead Managers for RK. Steel Manufacturing company 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 GYR 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 R.K. Steel Manufacturing company Limited DRHP.

RK. Steel Manufacturing company IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
4,94,03,130 shares
Share holding post issue
6,94,03,130 shares
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

RK. Steel Manufacturing company IPO Lot Size

ApplicationLotsSharesAmount
To be announced

RK. Steel Manufacturing company IPO Reservation

Promoter Holding

Pre Issue:97.84%
Post Issue:-
Promoter Names:
Pramod Kumar Bhalotia, Abhishek Bhalotia, Beena Bhalotia, Mayank Marketing Private Limited

RK. Steel Manufacturing company IPO Valuations

ROE:9.46%
ROCE:8.28%
DEBT/EQUITY:2.91
RONW:9.04%
PAT MARGIN:0.95%

RK. Steel Manufacturing company Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets542.55401.23356.52
Total Income1,153.731,028.52858.80
Profit After Tax10.9122.7019.88
EBITDA48.3059.5547.13
NET Worth120.68109.8187.03
Total Borrowing351.09273.16233.30
Amount in ₹ Crore

About RK. Steel Manufacturing company IPO

Incorporated in 2006, R.K. Steel Manufacturing Co. Ltd. is a manufacturer of welded structural steel tubes and pipes.

The company's  welded steel pipes and tubes portfolio consists of Pre-Galvanised Pipes (“GP Pipes”), Hot Dip Galvanised Pipes and Tubes (“GI Pipes”), Hot Rolled Pipes and Tubes (“HR Pipes”) and Cold Rolled Pipes and Tubes (“CR Pipes”).

The company also manufacture value-added product such as Galvanized plain coils (“GP Coils”), Cold rolled full hard coils (“CRFH Coils”), hot rolled pickled & oiled coils (“HRPO Coils”) from the principal raw material i.e. hot rolled Coils (“HR Coils”).

R.K. Steel Manufacturing manufacture welded pipes and tubes in various shapes and sizes to meet diverse industrial applications. The company's products are designed to align with market requirements and are used across multiple industries, including construction, automobile, solar power, engineering, furniture, and gas.

As of date, the company operate through the new integrated Manufacturing Facility measuring approximately 18.49 acres (including the open area), located at Plot NN5, SIPCOT Industrial Growth Centre, Ingur Village, Perundurai 638 052, Tamil Nadu.

As on date, the company Manufacturing Facility is equipped with nine (9) Tube Mills, four (4) Slitting Lines, two (2) Continuous Galvanizing Line (“CGL”), one (1) Tandem Cold Rolling Mill (“CRM”), one (1) Pickling Unit, and one (1) Hot Dip Galvanizing (“GI”) Unit.

During Fiscal 2025, Fiscal 2024 and Fiscal 2023, the company catered to over 471 customers, 476 customers, 424 customers respectively, out of which 202 customers have been associated with us for over a period of 3 years.

As on the date of June 30, 2025 the company have 200 employees on roll.

Strength Of RK. Steel Manufacturing company IPO

To be announced

Risk Of RK. Steel Manufacturing company IPO

To be announced

Objectives RK. Steel Manufacturing company IPO

1. Repayment/prepayment, in full or part, of certain borrowings availed of by the Company;

2. Funding of working capital requirements of the Company; and

3. General corporate purposes

Company Contact Details

R.K. Steel Manufacturing Co. Ltd.
No.5, Ground Floor
Branson Garden Street
Kilpauk, Perambur Purasawalkam
Chennai, Tamil Nadu, 600010
Phone: +044 3500 5351
Email: compliance.officer@rksteel.co.in
Website: http://www.rksteel.co.in/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

RK. Steel Manufacturing company IPO - FAQs

The RK. Steel Manufacturing company IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The RK. Steel Manufacturing company IPO opens on TBA.

RK. Steel Manufacturing company IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the RK. Steel Manufacturing company IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the RK. Steel Manufacturing company IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the RK. Steel Manufacturing company IPO allotment status for updates.

The listing date for the RK. Steel Manufacturing company IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

RK. Steel Manufacturing company IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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