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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
2,00,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 542.55 | 401.23 | 356.52 |
| Total Income | 1,153.73 | 1,028.52 | 858.80 |
| Profit After Tax | 10.91 | 22.70 | 19.88 |
| EBITDA | 48.30 | 59.55 | 47.13 |
| NET Worth | 120.68 | 109.81 | 87.03 |
| Total Borrowing | 351.09 | 273.16 | 233.30 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rajputana Stainless Ltd. | Mainboard | ₹254.98 Cr | ₹122 | 21.1 | ₹113.03 | -7.35% | ₹132.72 (-0.86%) |
| VMS TMT Ltd. | Mainboard | ₹148.50 Cr | ₹99 | 22.24 | ₹99.65 | +0.66% | ₹44.05 (+3.19%) |
| Anubhav Plast Ltd. | SME | ₹24.00 Cr | ₹80 | 10.67 | ₹76.00 | -5.00% | ₹51.15 (+0.29%) |
| Kasturi Metal Composite Ltd. | SME | ₹17.61 Cr | ₹64 | 23.59 | ₹63.16 | -1.31% | ₹53.85 (+2.28%) |
| Shri Kanha Stainless Ltd. | SME | ₹46.28 Cr | ₹90 | 16.23 | ₹83.60 | -7.11% | ₹23.00 (-0.86%) |
| Mittal Sections Ltd. | SME | ₹52.91 Cr | ₹143 | 31.15 | ₹108.70 | -23.99% | ₹28.00 (-2.06%) |
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹114.65 (-1.38%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment, in full or part, of certain borrowings availed of by the Company; | 43.23 |
| 2 | Funding of working capital requirements of the Company; and | 76.00 |
| 3 | General corporate purposes |
About R.K. Steel Manufacturing 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 M
Contact Details
R.K.Steel Manufacturing Co.Ltd. AddressNo.5, Ground FloorBranson Garden StreetKilpauk, Perambur PurasawalkamChennai, Tamil Nadu, 600010+044 3500 5351compliance.officer@rksteel.co.inVisit Website