Business Overview
Steel infra is an integrated structural steel solutions provider in India, offering end-to-end capabilities across design, engineering, procurement, fabrication and erection for large-scale infrastructure projects. Its solutions cater to a wide range of applications, including industrial facilities such as refineries, steel and power plants, as well as airports, metro and railway structures, high-rise buildings, hospitals, warehouses, stadiums, mines and data centres. Since inception in Fiscal 2018, the company has executed 187 projects, delivering over 261,700 metric tonnes of fabricated steel to EPC contractors, project consultants and end users. Revenue from operations grew at a CAGR of 11.49% between Fiscal 2023 and Fiscal 2025, while fabrication volumes increased at a CAGR of 19.32%. The manufacturing footprint has expanded to six units across India with an installed capacity of 100,000 MT per annum, with additional capacity planned by Fiscal 2027.
Objects of Issue
- Funding capital expenditure for back-side expansion of the Vadodara manufacturing unit.
- Funding capital expenditure for Bay 4 expansion of the Vadodara manufacturing unit.
- Funding capital expenditure for manufacturing units in Hyderabad and Bhilai.
- Funding working capital requirements of the Company
- General corporate purposes
Financial Performance
(Rs. in crores)
| Particulars | Mar-25 | Mar-24 | mar-23 |
|---|---|---|---|
| Revenue | 636.10 | 573.49 | 511.72 |
| PAT | 32.96 | 24.85 | 17.53 |
| Net Worth | 217.40 | 188.22 | 137.64 |
| Borrowings | 13.58 | 33.87 | 40.53 |
| Assets | 494.30 | 386.83 | 315.50 |
| NAV (₹) | 53.54 | 47.88 | 38.55 |
| EPS (₹) | 8.12 | 6.32 | 4.91 |
KPIs
EBITDA
10.42%
PAT
5.16%
ROE
15.16%
ROCE
23.80%
Net Debt to Equity
0.19
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
57.79%
Public
42.21%
Management
Frequently Asked Questions
What is Steel Infra IPO?
When will Steel Infra IPO open?
What is the GMP of Steel Infra IPO?
What is the lot size of Steel Infra IPO?
When is the allotment of Steel Infra IPO?
What is the listing date of Steel Infra IPO?
What is the subscription of Steel Infra IPO?
What is the price band of Steel Infra IPO?
How to check allotment status of Steel Infra IPO?
How to apply Steel Infra IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Steel Infra IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Steel Infra IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Steel Infra IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date