P S Raj Steels Limited IPO
P S Raj Steels Limited was a SME IPO in the Iron & Steel Products sector, offered at ₹132–₹140 per share to raise ₹28 crore. It listed on 19 Feb 2025 at ₹145 and closed its first day at ₹151, a listing gain of +7.6% versus the ₹140 issue price. It now trades around ₹90 (-35.7% versus the issue price).
Frequently asked questions
- What were the P S Raj Steels Limited IPO listing gains?
- P S Raj Steels Limited listed on 19 Feb 2025 at ₹145, closing its first day at ₹151 — a listing gain of +7.6% versus the ₹140 issue price.
- What was the price band and lot size of the P S Raj Steels Limited IPO?
- The price band was ₹132–₹140 per share, with a minimum lot of 1,000 shares (₹1,40,000 at the upper band).
- Who were the registrar and lead manager for the P S Raj Steels Limited IPO?
- Bigshare Services Private Limited was the registrar, and Khambatta Securities was the book-running lead manager.