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Open
8 Jul 2005
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Close
14 Jul 2005
3
Allotment
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Listing
Tue, Aug 2, 2005
Price Band
₹20 to ₹22
Issue Size
2,00,00,000 shares (agg. up to ₹44 Cr)
Lot Size
250 Shares
Listing Date
Tue, Aug 2, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 9.23x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 229.82 | 147.55 | 10.03 |
| Total Income | 239.86 | 43.69 | 0.00 |
| Profit After Tax | 12.40 | 3.27 | -0.01 |
| NET Worth | 61.55 | 41.24 | 4.43 |
| Reserves and Surplus | 15.62 | 3.26 | -0.01 |
| Total Borrowing | 83.90 | 59.12 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| MSP Steel & Power Ltd. | Mainboard | ₹16.00 Cr | ₹10 | null | ₹15.00 | +50.00% | ₹34.43 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part finance the Integrated Steel Plant comprising Phase I (Mini Blast Furnace, TMT Bars & Wire Rod Mill, Sponge Iron Plant – already commissioned) and Phase II (40 MW Captive Power Plant, Steel Melting Shop with Billet Caster, Coal Washery Plant – under implementation) | 84.51 |
| 2 | To fund Phase II project expenses of the integrated steel plant | 200.56 |
| 3 | To meet the public issue expenses | 3.64 |
| 4 | To utilize funds for general corporate purposes | 15.74 |
| Total | 304.45 |
About Shri Ramrupai Balaji Steels IPO
Updated on Aug 5, 2026
Contact Details
Shri Ramrupai Balaji Steels Ltd. Address5, Bentinck Street1st FloorKolkata, West Bengal, 70000191 33 2248-8173ipo@jaibalajigroup.comVisit Website