P S Raj Steels IPO Subscription Details

Bookbuilding IPO | ₹28 Cr | Listed at NSE SME | Wed, Feb 12, 2025 - Fri, Feb 14, 2025

Basis of Allotment - P S Raj Steels IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)3,80,0005,69,0009,49,0002,85,0006,65,00020,00019,19,000
Allotment price (Rs.)140140140140140140140
No.of applications3583136,617216,959
No.of shares applied4,60,0005,69,00010,29,00060,88,00066,17,00024,0001,37,58,000
Amount collected (Rs.cr.)6.44 7.97 14.41 85.23 92.64 0.34 192.61
No.of times subscribed1.211.001.0821.369.951.207.17
No.of shares allotted3,80,0005,69,0009,49,0002,85,0006,65,00020,00019,19,000
Amount (Rs.cr.)5.32 7.97 13.29 3.99 9.31 0.28 26.87
No.of allottees35811366520806

IPO Shares Offered

P S Raj Steels IPO is a public issue of 0.19 Cr equity shares. The issue offers 0.07 Cr shares to retail investors, 0.09 Cr shares to qualified institutional buyers, and 0.03 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,01,0001.41 5.00%
QIB 9,49,00013.29 46.98%
    Anchor 5,69,000 7.97 28.17%
    QIB (Ex Anchor) 3,80,000 5.32 18.81%
NII* 2,85,0003.99 14.11%
Retail6,65,0009.31 32.92%
Employee20,0000.28 0.99%
Total20,20,00028.28 100%

P S Raj Steels IPO Anchor Investor Allocation

A total of 5,69,000 shares at a price of Rs 140 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 11, 2025
Anchor investor price₹140.00
Anchor investors as % of QIBs59.96%
No. of shares locked-in for 30 days2,84,500
No. of shares locked-in for 90 days2,84,500
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 VIKASA CAPITAL INC. VIKASA 2,30,000 3.22 40.42 11.39
2 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,10,000 1.54 19.33 5.45
3 SMART HORIZON OPPORTUNITY FUND SMART HORIZON 85,000 1.19 14.94 4.21
4 KINGSMAN WEALTH FUND PCC-KIF II KINGSMAN WEALTH FUND PCC 72,000 1.01 12.65 3.56
5 ZETA GLOBAL FUNDS (OEIC) PCC LTD.-ZETA SERIES B FUND PC ZETA GLOBAL FUNDS (OEIC) PCC LTD. 72,000 1.01 12.65 3.56
5,69,0007.9710028.17

IPO Subscription FAQs

The P S Raj Steels IPO is subscribed 6.9078 times by Feb 14, 2025 18:54.

P S Raj Steels IPO Subscription

0
Investor Category Subscription (times)
Qualified Institutional1.2105
Non Institutional21.393
Retail Individual10.0376
Total Subscription6.9078

Retail category of P S Raj Steels IPO subscribed 10.0376 times as of date Feb 14, 2025 18:54. The public issue closes on Fri, Feb 14, 2025 for bidding.

An investor can apply in P S Raj Steels IPO online via bank (using ASBA) or the broker (using UPI). The P S Raj Steels IPO shares are offered online only.

The P S Raj Steels IPO is subscribed 6.9078 times by Feb 14, 2025 18:54.

The P S Raj Steels IPO allotment status is expected on or around Monday, February 17, 2025. Visit P S Raj Steels IPO allotment status to check.

The P S Raj Steels IPO listing date is February 19, 2025. The equity share of P S Raj Steels IPO will list on NSE SME.

Visit P S Raj Steels IPO subscription status page for real-time bidding information about P S Raj Steels IPO.

P S Raj Steels IPO Timetable

IPO opens OnWednesday, February 12, 2025
IPO Closes OnFriday, February 14, 2025
Finalisation of Basis of AllotmentMonday, February 17, 2025
Initiation of RefundsTuesday, February 18, 2025
Credit of Shares to Demat AccountTuesday, February 18, 2025
IPO Listing DateWednesday, February 19, 2025
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