Steel Infra Solutions Company Limited IPO
Steel Infra Solutions Company Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

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.

Steel Infra IPO Size

Fresh Issue
₹96 Cr (TBA Shares)
Offer For Sale
Rs. TBA Cr (1.42 Cr Shares)

Objects of Issue

  1. Funding capital expenditure for back-side expansion of the Vadodara manufacturing unit.
  2. Funding capital expenditure for Bay 4 expansion of the Vadodara manufacturing unit.
  3. Funding capital expenditure for manufacturing units in Hyderabad and Bhilai.
  4. Funding working capital requirements of the Company
  5. General corporate purposes

Steel Infra IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Steel Infra IPO
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

Key Performance Indicators (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.

Promoter Holding

Promoter

57.79%

Public

42.21%

Ravikant Uppal 18.46%
Ranjan Sharma 8.49%
Others 30.84%

Management

Ravikant Uppal
Chairman & MD
Rajagopal Kannabiran
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Steel Infra Solutions Company Limited

Address: D-66, Ground Floor, Block D, Hauz Khas, New Delhi 110 016, Delhi, India

Number: +91 11 4023 4817

Email: investor.relations@siscol.in

Website: www.siscol.co.in

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