R.K. Steel Manufacturing
Upcoming
0
IPO Score
0
*Score varies on actual price

R.K. Steel Manufacturing Company Limited is a manufacturer of welded structural steel tubes and pipes including pre-galvanised (GP), hot-dip galvanised (GI), hot-rolled (HR) and cold-rolled (CR) steel tubes along with coils and value-added steel products for use in construction, automobile, engineering and related industries. The company has filed DRHP for an initial public offering (IPO) comprising a fresh issue of up to 2,00,00,000 equity shares, with a face value of ₹10.

R.K. Steel Manufacturing Company Limited was incorporated in the year 2006.Mr. Pramod Kumar Bhalotia is the MD & CEO of the company.

R.K. Steel primarily manufactures hot-rolled, pre-galvanized (GP), hot-dip galvanized (GI), black and precision steel tubes/pipes, coils and related steel products for construction, automobile, general-engineering and fabrication industries.
It supplies domestically and exports to overseas markets including Sri Lanka, Bhutan, East Africa and Bangladesh signalling a global customer reach.

Subscription date to apply for R.K. Steel Manufacturing Company Limited is yet to be announced. Price band for the IPO is also pending to be declared.

Revenue, PAT, EBITDA
Year
2025
Networth
₹ 120.7 Cr
Revenue
₹ 1147.8 Cr
EBITDA
₹ 48.3 Cr
PAT
₹ 10.9 Cr
EBITDA Margin
4.21%
PAT Margin
0.95%
Face Value
Rs.10 per Equity Share
IPO Important Dates
#
Date
Open Date
TBA
Close Date
TBA
Anchor Investor Bidding
TBA
Allotment Date
TBA
Refunds& Demat Credit
TBA
Tentative Listing Date
TBA
Use Of Proceeds
Purpose
Amount
Borrowing payment
₹ 43.23 Cr
Working Capital Requirement
₹ 76 Cr
-
-
-
-
-
-
General Corporate Purpose
Balance
Financial Data
#
2023
2024
2025
Revenue (₹ Cr)
₹ 847.4
₹ 1,022.2
₹ 1,147.8
PAT (₹ Cr)
₹ 19.9
₹ 22.7
₹ 10.9
Asset (₹ Cr)
₹ 356.5
₹ 401.2
₹ 542.6
Net Worth (₹ Cr)
₹ 87.0
₹ 109.8
₹ 120.7
IPO Grey Market Premium
Date
IPO Price
IPO GMP
Profit Per Lot
17 July
₹ –
₹ –
₹ –
16-July
₹ –
₹ –
₹ –
15-July
₹ –
₹ –
₹ –
14-July
₹ –
₹ –
₹ –
13-July
₹ –
₹ –
₹ –
Promoters – Pre offer equity (Approx)
Promoters
% Shares
Pramod Kumar Bhalotia
36.83%
Mayank Marketing Private Limited
32.39%
Abhishek Bhalotia
14.12%
Beena Bhalotia
~10.46%
-
-
-
-
Lot Size details
Application Type
Lot Size
No. of Lot
No. of Shares
Investment Amount
Retail (Min)
1
₹ –
Retail (Max)
13
₹ –
HNI (Min)
14
₹ –
HNI (Max)
66
₹ –
Big HNI (Min)
67
₹ –
  • R.K. Steel manufactures welded structural steel tubes and pipes (GP, GI, HR, CR), plus coils and value-added steel products for construction, automotive, solar and engineering sectors.
  • It is raising funds via IPO to repay existing borrowings, fund working-capital needs, and support general corporate purposes to strengthen financial health.
  • The IPO proposes a fresh issue of up to 2,00,00,000 equity shares. It will be listed on the BSE & NSE platform.
  • Risks to investing in the IPO include narrow profit margins, high leverage (debt to equity ratio ~ 2.9), and the cyclic nature of steel-industry which may affect demand and profitability.
  • Potential benefits to invest in the IPO include the company having a well-integrated facility, diversified product mix, established 470+ customer base with, and growth prospects from infrastructure and industrial demand tailwinds.
  • You can apply to the IPO via your ASBA/UPI through broker platforms or their bank’s net-banking when the IPO opens for subscription.
  • Expected listing date is yet to be announced.

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