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P S Raj Steels Limited logo

P S Raj Steels Limited IPO

SME IPOListedPSRAJNSE
Current Market Price (CMP)
₹97.75(-30.18%)
Current Price (CMP)
₹97.75(-30.18%)

Live Market Quote

Listing Price & Gain
₹29(-79.29%)

Day 1 Exchange Open

IPO Issue Price
₹140

Band: ₹132 - ₹140

Total Subscription
9.21x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
12 Feb 2025
IPO Bidding Closes
14 Feb 2025
Allotment & Refunds
Completed
Exchange Listing Day
19 Feb 2025

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 9.21x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Employees Reservation0x
Total Subscription9.21x
Updated as on 14-Feb-2025 19:00:00

Listing Day & Return Performance

Listing Day Gain-79.29%
₹140 (Issue) → ₹29 (List)
Per share profit: ₹-111.00
Holding Return (Till Date)-30.18%
₹140 (Issue) → ₹97.75 (CMP)
Net gain per share: ₹-42.25
Post-Listing Performance (Listing Day → Today):+237.07%

About P S Raj Steels Limited IPO

P S Raj Steels Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 12 Feb 2025 and concluded on 14 Feb 2025, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹132 - ₹140.

During the bidding window, P S Raj Steels Limited recorded an overall subscription of 9.21 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of P S Raj Steels Limited officially debuted on the stock exchanges on 19 Feb 2025 at an opening listing price of ₹29, delivering a listing day return of -79.29% (discount) over the final issue price. As per the latest market data, the stock trades at ₹97.75, representing an overall decline of -30.18% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of P S Raj Steels Limited IPO?
The issue price of P S Raj Steels Limited IPO was fixed at ₹140 per equity share. The indicative bidding price band was ₹132 - ₹140.
What were the open, close, and listing dates for P S Raj Steels Limited IPO?
P S Raj Steels Limited IPO opened on 12 Feb 2025, closed on 14 Feb 2025, listed on 19 Feb 2025.
How much was P S Raj Steels Limited IPO subscribed?
The IPO received an overall subscription of 9.21 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of P S Raj Steels Limited IPO?
P S Raj Steels Limited IPO listed on the stock exchange at ₹29, delivering a listing discount of 79.29% compared to the IPO issue price of ₹140.
Is P S Raj Steels Limited IPO a Mainboard or SME IPO?
P S Raj Steels Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of P S Raj Steels Limited IPO since its IPO?
At the latest market quote of ₹97.75, P S Raj Steels Limited IPO has generated an all-time return of -30.18% since its initial public offering.

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