P S Raj Steels Ltd - IPO

P S Raj Steels Ltd IPO Details

Initial public issue of up to 20,20,000 equity shares of face value of Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Issue Price) aggregating up to Rs. [*] crores (Issue / Offer). This issue includes a reservation of up to 1,01,000* equity shares aggregating up to Rs. [*] crores for subscription by market maker (Market Maker Reservation Portion) and a reservation of up to 19,000* equity shares (constituting up to [*]% of the post-issue paid-up equity share capital of the company) aggregating up to Rs. [*] crores for subscription by eligible employees (as defined hereinafter) (the Employee Reservation Portion). The issue less the market maker reservation portion and employee reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue shall constitute [*]% and [*]%, respectively, of the post-issue paid-up equity share capital of the company, respectively. *Subject to finalization of basis of allotmentThe price band will be decided by the company.

Objective of issue

Working Capital Requirement including margin money.

P S Raj Steels Ltd Contact Details

P S Raj Steels Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@psrajsteels.com

Website - www.pssrgroup.com