R.K. Steel Manufacturing Company Limited IPO

R.K. Steel Manufacturing Company Limited IPO

Mainboard NSE & BSE 100% Book Built Offer

Price Band

Total Issue

₹0 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Business Overview

R.K. Steel Manufacturing Company Limited, incorporated in 2006, is a manufacturer of welded structural steel tubes and pipes with over 16 years of industry experience. Its product portfolio comprises Pre-Galvanised Pipes, Hot Dip Galvanized Pipes, Hot Rolled Pipes, and Cold Rolled Pipes, along with value-added products such as GP Coils, CRFH Coils and HRPO Coils. The company is among the few players in southern India operating tandem cold rolling mills. Its products serve diverse industries including construction, automobile, solar power, engineering, furniture and gas. Products are manufactured at its facility in Tamil Nadu.

Objects of the Issue

Repayment/prepayment, in full or part, of certain borrowings availed of by the company.

₹43.23 Cr

Funding of working capital requirements of the company.

₹76.00 Cr

General corporate purposes.

₹TBA Cr

RK Steel Manufacturing IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for RK Steel Manufacturing IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 1,147.79 1,022.16 847.44
PAT 10.91 22.70 19.88
Net Worth 120.68 109.81 87.03
Borrowings 351.09 273.16 233.30
Assets 542.55 401.23 356.52
NAV (₹) 24.43 22.23 17.62
EPS (₹) 2.21 4.60 4.47

Key Performance Indicators (KPIs)

EBITDA

4.21%

PAT

0.95%

ROE

9.46%

ROCE

8.28%

Debt to Equity

2.91

Promoter Holding

Promoter

97.84%

Public

2.16%

Pramod Kumar Bhalotia 36.83%
Mayank Marketing Private Limited 32.39%
Abhishek Bhalotia 14.12%
Others 14.50%

Management

Pramod Kumar Bhalotia CMD
Abhishek Bhalotia WTD
Sanjay Bhalotia CFO
S N Satiya Priya CS & CO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: R.K. Steel Manufacturing Company Limited

Address: No.5, Ground Floor, Branson Garden Street, Kilpauk, Perambur Purasawalkam, Chennai – 600 010, Tamil Nadu, India

Number: +044 3500 5348 / 3500 5349

Email: compliance.officer@rksteel.co.in

Website: www.rksteel.co.in