Q1. What is the business of RKB Global Limited?

RKB Global Limited is an integrated iron & steel company engaged in manufacturing, trading, import-export, and mining-linked operations serving infrastructure and industrial sectors.

Q2. Why is the company raising funds via IPO?

RKB Global Limited is raising funds via IPO for debt repayment, working capital needs, purchase of machinery, infrastructure expansion, and general corporate purposes.

Q4. What are the key risks to an investor?

Key risks include steel sector cyclicality, raw material price volatility, high competition, and limited brand differentiation.

Q5. What are the potential upsides?

Potential upsides include integrated operations, exposure to India’s infrastructure growth, diversified revenue streams, and expansion-led future earnings growth.

Q6. How to apply for the IPO?

Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

RKB Global Ltd IPO

Upcoming

RKB Global Ltd IPO

Market Cap

₹ 620 – 738 Cr

IPO Issue Size

14,620,000 Equity Shares

Expected Price by IPOCorner

₹ 110 – 131

IPO Score

*Score varies on actual price

RKB Global Limited is engaged in the manufacturing, trading, importing, and exporting of iron and steel products, catering to sectors like infrastructure, construction, and industrial applications. The company has evolved into an integrated player with operations across manufacturing, distribution, and mining-related activities.

RKB Global Limited was incorporated in 2013 & currently Mr. Alok Virat Shah serves as the Managing Director of the company.

RKB Global Limited filed its DRHP with SEBI on March 20, 2026. The IPO features a fresh issue of ~ 1.26 Cr equity shares and an Offer for Sale (OFS) of ~ 0.20 Cr equity shares.

It operates as an integrated iron & steel value chain player, engaged in manufacturing, trading, importing, exporting, and distribution of steel products, along with a presence in mining-related activities. It follows a B2B model supplying to infrastructure, construction, and industrial clients, with operations spread across manufacturing units and trading networks.

Subscription date to apply for RKB Global Limited is yet to be announced. Price band for the IPO is yet to be declared.

14,620,000 Equity Shares

Fresh Issue

12,600,000 Equity Shares

Offer for Sale

2,020,000 Equity Shares

Year	2025
Networth	₹ 202.39 Cr
Revenue	₹ 411.11 Cr
EBITDA	₹ 32.01 Cr
PAT	₹ 11.08 Cr
EBITDA Margin	7.79%
PAT Margin	2.68%
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
Growth Capex - New plant/Expansion	₹ 31.41 Cr
-	-
-	-
-	-
-	-
-	-

Financial Data

#	2023	2024	2025
Revenue (₹ Cr)	₹ 360.0	₹ 432.8	₹ 411.1
PAT (₹ Cr)	₹ 5.4	₹ 7.9	₹ 11.1
Asset (₹ Cr)	₹ 230.0	₹ 287.9	₹ 352.1
Net Worth (₹ Cr)	₹ 45.8	₹ 145.2	₹ 202.4

IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit Per Lot
17 July	₹ –	₹ –	₹ –
16-July	₹ –	₹ –	₹ –
15-July	₹ –	₹ –	₹ –
14-July	₹ –
13-July	₹ –

Pros

Integrated iron & steel business gives control over multiple stages of the value chain.
Exposure to infrastructure and construction sectors, which are long-term growth drivers in India.
Presence across manufacturing, trading, and mining adds revenue diversification.
Established business history in steel-related operations supports industry experience.
Benefit from India’s ongoing infrastructure push and steel demand growth.

Cons

High dependency on cyclical steel industry, which is sensitive to price fluctuations.
Limited publicly available financial transparency compared to listed peers.
No strong brand visibility or retail/customer-facing presence.
Exposure to raw material price volatility (iron ore, coal, etc.).
IPO details like valuation and pricing are still not fully disclosed, adding uncertainty.

Promoters – Pre offer equity (Approx)

Promoters	% Shares
Alok Virat Shah	28.53%
Virat Sevantilal Shah	23.87%
-	-
-	-
-	-
-	-

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	–	₹ –

Key Performance Index (KPI)

ROE	5.48%
ROCE	10.21%
RoNW	5.48%

Lead / Book Running Lead Managers

Aryaman Financial Services Limited, Oneview Corporate Advisors Private Limited

Registrar (RTA)

MUFG Intime India Private Limited

Q1. What is the business of RKB Global Limited?
RKB Global Limited is an integrated iron & steel company engaged in manufacturing, trading, import-export, and mining-linked operations serving infrastructure and industrial sectors.
Q2. Why is the company raising funds via IPO?
RKB Global Limited is raising funds via IPO for debt repayment, working capital needs, purchase of machinery, infrastructure expansion, and general corporate purposes.
Q3. What is the size of the issue and where will it list?
The IPO includes a Fresh Issue of ~1.26 Cr Equity shares and an Offer for Sale (OFS) of ~0.20 Cr Equity shares. It will be listed on NSE and BSE platform.
Q4. What are the key risks to an investor?
Key risks include steel sector cyclicality, raw material price volatility, high competition, and limited brand differentiation.
Q5. What are the potential upsides?
Potential upsides include integrated operations, exposure to India’s infrastructure growth, diversified revenue streams, and expansion-led future earnings growth.
Q6. How to apply for the IPO?
Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.