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Open
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Close
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Allotment
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Listing
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Issue Size
38,40,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 102.89 | 95.11 | 78.96 | 63.58 |
| Total Income | 31.75 | 101.83 | 92.57 | 62.77 |
| Profit After Tax | 2.69 | 9.67 | 9.21 | 4.15 |
| NET Worth | 49.33 | 46.64 | 36.96 | 27.75 |
| Reserves and Surplus | 46.93 | 44.24 | 34.56 | 25.35 |
| Total Borrowing | 22.46 | 22.10 | 20.15 | 23.90 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Anubhav Plast Ltd. | SME | ₹24.00 Cr | ₹80 | 10.67 | ₹76.00 | -5.00% | ₹46.00 |
| Kasturi Metal Composite Ltd. | SME | ₹17.61 Cr | ₹64 | 23.59 | ₹63.16 | -1.31% | ₹52.01 |
| Shri Kanha Stainless Ltd. | SME | ₹46.28 Cr | ₹90 | 16.23 | ₹83.60 | -7.11% | ₹22.80 |
| Mittal Sections Ltd. | SME | ₹52.91 Cr | ₹143 | 31.15 | ₹108.70 | -23.99% | ₹24.50 |
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹95.00 |
| Behari Lal Engineering Ltd. | Mainboard | ₹301.62 Cr | ₹285 | 17.21 | ₹502.20 | +76.21% | ₹442.15 |
| Rajputana Stainless Ltd. | Mainboard | ₹254.98 Cr | ₹122 | 21.1 | ₹113.03 | -7.35% | ₹190.10 |
| VMS TMT Ltd. | Mainboard | ₹148.50 Cr | ₹99 | 22.24 | ₹99.65 | +0.66% | ₹44.12 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards setup of new processing facility | 22.91 |
| 2 | Funding working capital requirements of the Company | 6.00 |
| 3 | General Corporate Purpose |
About Purohit Steel IPO
Updated on May 19, 2026
Contact Details
Purohit Steel India Ltd. AddressPlot No. 7 & 8Behind Johnson Motors, Near Range OfficeVasai (East),Thane, Maharashtra, 401208+91-7798815678info@purohitsteels.comVisit Website