Issue Price
₹108
Per Share
GMP
NIL
Grey Market
Est. Listing
₹108
Expected Price
Min. Application
₹12,960
2 lots × 60 shares
Incorporated in 2006, Readymade Steel India Ltd is engaged in the business of steel service provider to the infrastructure sector. Readymade Steel India have an installed capacity of 27000 MTPA for processing of steel used in the construction industry primarily reinforcement bars into various shapes and sizes like cranked bars, stirrups, verticals, column /beam cages etc.Company process the steel through use of automated machines from its Plant and delivers ready to use cut and bend steel rods, prefabricated cages and other steel products required for construction activities. These products are mainly used in construction activities in various sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc.
Readymade Steel India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 3,217,153 | 100.00% | ₹34.75 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹6,480 |
| Retail (Max) | 2 | 120 | ₹12,960 |
| sNII (Min) | 31 | 1,860 | ₹200,880 |
| bNII (Min) | 155 | 9,300 | ₹1,004,400 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |