IPO Schedule
1
Open
12 Feb
2
Close
14 Feb
3
Allotment
-
4
Listing
19 Feb
P S Raj Steels IPO
Issue:₹140
List:₹145
CMP:₹293
NSELot: 1000SME
LISTEDSME
Issue Price₹140
Listing₹145
Current₹293
Content
About P S Raj Steels
P S Raj Steels is an SME engaged in the manufacturing and sale of TMT bars and other steel products. The company caters to the construction and infrastructure sectors, primarily in [mention specific geographical region if known, otherwise remove this part].
Subscription Status
QIB
0.79x
NII
3.72x
Retail
1.96x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 1.21x | 0.79x | 0.79x |
| NII | 21.39x | 12.25x | 3.72x |
| Retail | 10.04x | 5.37x | 1.96x |
| Total | 9.82x | 5.47x | 1.98x |
Risk Factors
•SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
•The steel industry is cyclical and vulnerable to fluctuations in raw material prices and economic downturns.
•Competition from larger, more established players in the steel industry.
•Dependence on specific geographical regions or customer segments could expose the company to localized risks.