119  Total SME IPOs listed in 2025

5,543.76 Crs.  Total funds raised in 2025

83  SME IPOs listed with Gain in 2025

36  SME IPOs listed with loss in 2025

119  Total SME IPOs listed in 2025

5,543.76 Crs.  Total funds raised in 2025

83  SME IPOs listed with Gain in 2025

36  SME IPOs listed with loss in 2025

119  Total SME IPOs listed in 2025

5,543.76 Crs.  Total funds raised in 2025

83  SME IPOs listed with Gain in 2025

36  SME IPOs listed with loss in 2025

119  Total SME IPOs listed in 2025

5543.76 Crs.  Total funds raised in 2,025.00

83  SME IPOs listed with Gain in 2025

36  SME IPOs listed with loss in 2025

Prakash Steelage IPO (Prakash Steelage Limited IPO) Detail

Prakash Steelage IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 68.75 Cr. The company is based in Mumbai and caters to Steel - Tubes And Pipes sector. Keynote Financial Services is the merchant banker of Prakash Steelage IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th November -0001.

Prakash Steelage IPO open date is 5th August 2010 and close date is 10th August 2010. IPO Allotment Date is 30th November -0001 and Listing date is 25th August 2010.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Prakash Steelage IPO Date

Date of DRHP:
[●]
IPO Open Date:
5th August 2010
IPO Close Date:
10th August 2010
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
25th August 2010

Prakash Steelage IPO Info, Size, Subscription

Prakash Steelage IPO size is ₹ 68.75 Cr. with IPO price of ₹ 110.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 68.75 Cr.

Issue Price:
₹ 110.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
6.94

Subscription :
4.53 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
64.29 %

Prakash Steelage IPO Information

Sub Sector : stainless steel pipes
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 (Prakash Steelage IPO Objectives)

  • 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

Keynote Financial Services Limited is the book-running lead manager of the Prakash Steelage IPO. Bigshare Services Private Limited is the Registrar for Prakash Steelage IPO.

Prakash Steelage IPO Registrar (RTA)

Bigshare Services Private Limited

Prakash Steelage IPO Lead Manager (BRLM)

Keynote Financial Services Limited

Prakash Steelage IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Prakash Steelage IPO?

Prakash Steelage IPO, based in Mumbai, operates in the   Steel - Tubes And Pipes sector with a focus on stainless steel pipes. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Prakash Steelage IPO size is ₹ 68.75 Cr. with fresh issue size of ₹ 69 Cr. and Offer for sale being ₹ Nil

When is Prakash Steelage IPO allotment?

The IPO allotment date for Prakash Steelage IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Prakash Steelage IPO allotment status on the registrars website, Bigshare Services Private Limited . Prakash Steelage IPO refund dates are 30th November -0001.

When is Prakash Steelage IPO listing date?

Prakash Steelage IPO is expected to be listed on 25th August 2010.

What is the price band for Prakash Steelage IPO?

The upper price band for the Prakash Steelage IPO is set at ₹ 110.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Prakash Steelage IPO Review?

For IPO analysis on Prakash Steelage IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Prakash Steelage IPO?

To apply for the Prakash Steelage IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 10th August 2010. After submission, funds are blocked until the basis of allotment of Prakash Steelage IPO is finalised.

Who is the merchant banker of Prakash Steelage IPO?

The merchant banker for Prakash Steelage IPO is Keynote Financial Services Limited . Keynote Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Prakash Steelage IPO RHP for further details.

Who is the Registrar of Prakash Steelage IPO?

The registrar for Prakash Steelage IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Prakash Steelage IPO through their official website or helpline.

What is the Prakash Steelage IPO subscription?

Prakash Steelage IPO was subscribed 4.53 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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Read more details of this IPO

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FAQs

Prakash Steelage IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Prakash Steelage Financial Review Page

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 5.78.

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