Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Bedi Steels Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on December 8, 2025.
Bedi Steels Ltd. IPO was a Book Build Issue consisting solely of fresh issue of upto 0.18 crore equity shares.
The equity shares were proposed to be listed on the BSE SME. Khambatta Securities Ltd. was the book running lead manager and Bigshare Services Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 18,24,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 91,200 shares (agg. up to ₹[.] Cr) |
| Fresh Issue (Ex Market Maker) | 17,32,800 shares (agg. up to ₹[.] Cr) |
| Net Offered to Public | 17,32,800 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 50,62,140 shares |
| Share Holding Post Issue | 68,86,140 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Mar 28, 2025 |
| Offer document withdrawn | Fri, Jul 4, 2025 |
| Filed with SEBI/Exchange | Thu, Sep 18, 2025 |
| Offer document withdrawn | Mon, Dec 8, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 1992, Bedi Steels Limited is engaged in manufacturing of alloy steel ingots in Northern India. The company specializes in producing high-quality alloy steel ingots and offers a diverse range of products, including round bars, square bars (RCS), hex bars, flat bars, and bright bars.
It manufactures 50+ grades of ignots on a regular basis, used to manufacture various products like leaf springs for vehicles, railway springs, agricultural equipment such as plow blades, harrows, dicks and other soil-engaging tools.
The company has a manufacturing plant in Doraha, Ludhiana, Punjab, across an area of 13,750 square yard.
The company has installed a rolling mill in March 31, 2025, in Ludhiana with an annual production capacity of 70,000 tons. This mill will produce round bars, RCS/square bars, hex bars, and flat bars, with operations expected to commence in April 2025.
Products Portfolio:
Competitive Strengths:
Bedi Steels Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 103.17 | 55.36 | 34.08 |
| Total Income | 210.25 | 168.15 | 124.30 |
| Profit After Tax | 9.00 | 6.80 | 2.89 |
| EBITDA | 15.39 | 10.14 | 4.77 |
| NET Worth | 27.72 | 16.60 | 1.54 |
| Reserves and Surplus | 22.66 | 14.95 | 0.74 |
| Total Borrowing | 28.99 | 12.60 | 14.72 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 33.00 |
| 2 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 32.45% |
| ROCE | 24.71% |
| Debt/Equity | 1.05 |
| RoNW | 32.45% |
| PAT Margin | 4.28% |
| EBITDA Margin | 7.33% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 98.23% |
Lead Manager Reports
Bedi Steels IPO is a SME IPO of 18,24,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Bedi Steels IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Bedi Steels IPO using UPI as a payment gateway. Zerodha customers can apply in Bedi Steels IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bedi Steels IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bedi Steels IPO dates are not announced. Please check back again after some time.
Bedi Steels IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Bedi Steels IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Bedi Steels IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Bedi Steels IPO allotment status.
The Bedi Steels IPO listing date is not yet announced. The tentative date of listing is .
