Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
R.K.Steel Manufacturing Co.Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on September 30, 2025 to raise funds through Initial Public Offer (IPO).
R.K.Steel Manufacturing Co.Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 2.00 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. GYR Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to R.K. Steel Manufacturing IPO DRHP for more details.
| 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, NSE |
| Fresh Issue | 2,00,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 4,94,03,130 shares |
| Share Holding Post Issue | 6,94,03,130 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% ofthe Issue |
| Retail Shares Offered | Not less than 35% of the Issue |
| NII Shares Offered | Not less than 15% of the Issue |
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 Manufacturing Facility is equipped with nine (9) Tube Mills, four (4) Slitting Lines, two (2) Continuous Galvanizing Line (“CGL”), one (1) Tandem Cold Rolling Mill (“CRM”), one (1) Pickling Unit, and one (1) Hot Dip Galvanizing (“GI”) Unit.
During Fiscal 2025, Fiscal 2024 and Fiscal 2023, the company catered to over 471 customers, 476 customers, 424 customers respectively, out of which 202 customers have been associated with us for over a period of 3 years.
As on the date of June 30, 2025 the company have 200 employees on roll.
R.K.Steel Manufacturing Co.Ltd.'s revenue increased by 12% and profit after tax (PAT) dropped by 52% 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 | 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 | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 9.46% |
| ROCE | 8.28% |
| Debt/Equity | 2.91 |
| RoNW | 9.04% |
| PAT Margin | 0.95% |
| EBITDA Margin | 4.21% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 2.21 | 1.57 |
| Promoter Holding | 97.84% |
Lead Manager Reports
R.K. Steel Manufacturing IPO is a main-board IPO of 0 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 R.K. Steel Manufacturing IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in R.K. Steel Manufacturing IPO using UPI as a payment gateway. Zerodha customers can apply in R.K. Steel Manufacturing IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in R.K. Steel Manufacturing IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The R.K. Steel Manufacturing IPO dates are not announced. Please check back again after some time.
R.K. Steel Manufacturing IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in R.K. Steel Manufacturing 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 R.K. Steel Manufacturing IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the R.K. Steel Manufacturing IPO allotment status.
The R.K. Steel Manufacturing IPO listing date is not yet announced. The tentative date of listing is .
