73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Prakash Steelage IPO (Prakash Steelage Limited IPO) Detail

Prakash Steelage Limited is an Steel - Tubes And Pipes based company, located in Mumbai, Prakash Steelage Limited IPO size was 68.75 Cr. and was issued at 110.00 per share. The share of Prakash Steelage Limited were listed at 187.95 per share and are currently trading at 6.39 per share.

Type :
Sub Sector : Stainless Steel Pipes
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
383.80 Cr.

PAT :
14.92 Cr.

Pricing Report

Issue Price :
110.00

Listing Price :
187.95

Current Market Price :
6.39

Issue Price vs CMP :
4.61 (41.91%)

listing Price vs CMP :
12.405 (66.00%)

Performance Report (CAGR* wise)

CAGR : -3.6
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Prakash Steelage

Company Information
Prakash Steelage Limited (PSL) was incorporated on May 9, 1991, with Certificate of Incorporation no. 11-61595 of 1991 issued by the Registrar of Companies, Maharashtra. It is the flagship company of the Prakash Group, engaged in the manufacturing of seamless and welded stainless steel pipes, tubes, and U-tubes. The company operates two state-of-the-art production units located at Silvasa and Umbergaon (Gujarat) with a total installed production capacity of 15,600 MTPA. PSL is an ISO 9001:2008 and PED certified company and is recognized as a "Govt. Recognized Star Export House," exporting to several MNCs in over 40 countries worldwide. To meet the growing demand, the company plans to expand its manufacturing facilities at its existing Umbergaon unit, with a proposed backward integration expansion plan of 19,000
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Object of Issue
  • Expansion of existing manufacturing facility at Umbergaon, Gujarat
  • Meet the additional working capital requirement
  • General corporate purpose
  • Meet the issue expenses and
  • List the equity shares of the company on the stock exchanges

Prakash Steelage MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2010
IPO Size :
68.75 Cr.
IPO Subscription :
4.53 X     
PE Multiple :
6.94
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Peer Companies Of This Sector

FAQs

Prakash Steelage operates in Steel - Tubes And Pipes and Stainless Steel Pipes. The Issue is listed on BSE,NSE in Aug, 2010. Prakash Steelage IPO size was 68.75 Cr. with Issue price of 110.00 .

Merchant Banker(s) of Prakash Steelage IPO: Keynote Financial Services Limited

Prakash Steelage IPO subscription was 4.53 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Prakash Steelage IPO listed at a listing price of 187.95 against the offer price of 110.00.

The current market price of Prakash Steelage is 6.39.

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