P S Raj Steels IPO
Updated 20:51
SME IPO on NSE Emerge · Iron & Steel Products
How it listed
Listing price (open)
₹29.00 -79.29%
First-day close
₹30.12 -78.49%
| Listing day | 19 Feb 2025 |
| Open / high / low / close | ₹29.00 / ₹30.45 / ₹29.00 / ₹30.12 |
| Shares traded on NSE | 35,85,000 |
| Market value at the listing-day close | ₹23 cr |
Closing prices since listing: 26 Oct ₹95.05, 27 Oct ₹95.00, 28 Oct ₹97.65, 29 Oct ₹96.00, 30 Oct ₹90.00, 2 Nov ₹93.30, 3 Nov ₹92.65, 4 Nov ₹89.00, 5 Nov ₹89.60, 6 Nov ₹89.90.
P S Raj Steels share price, live chart and technicals →
Subscription
| Investor category | Shares bid for |
|---|
| Institutions (QIB) | 4,60,000 |
| HNI / NII | 61,98,000 |
| Retail | 66,75,000 |
| Employees | 24,000 |
| Total | 1,33,57,000 |
NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 14 Feb 2025 19:00.
Applications from individual investors
6,675 applications in the individual investors' category.
NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.
Demand at each price
| Top price ₹140 | 91.29 lakh shares | 68.3% |
| Cut-off final price, whatever it is; mostly retail | 41.89 lakh shares | 31.4% |
| Lower prices ₹132–139 | 0.39 lakh shares | 0.3% |
Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.
From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.
What is the P S Raj Steels IPO price band and lot size?
The price band is ₹132–140 per share, and one lot is 1000 shares (₹1,40,000 at the upper price).
When is the P S Raj Steels IPO allotment date?
Allotment was finalised on 17 Feb 2025, the next working day after bidding closed on 14 Feb 2025.
How many times was the P S Raj Steels IPO subscribed?
Subscription figures are not available yet.
What is the P S Raj Steels IPO listing date?
It listed on 19 Feb 2025 on NSE Emerge (SME).
When does the P S Raj Steels anchor lock-in end?
The 30-day lock-in on half of the anchor investors' shares ends on 18 Mar 2025 and the 90-day lock-in on the rest ends on 17 May 2025; they can sell from the next trading day.
What was the P S Raj Steels listing gain?
It opened at ₹29.00 against an issue price of ₹140, a loss of 79.29%. It is now down 35.79% from the issue price.