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PS Raj Steels IPO Subscription

12 February - 14 February 2025 Closed
Sme NSE

The PS Raj Steels IPO subscription reflects the demand received from different investor categories during the bidding period. The subscription data includes the number of shares offered, shares bid for, and the subscription multiple (X) for categories such as Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Employees.

As per the latest subscription update, the PS Raj Steels IPO has received bids for 1,33,57,000 shares against 13,50,000 shares offered, resulting in an overall subscription of 9.89x. the NII category is subscribed 21.75x, Retail Investors 10.04x, Employees 1.2x, and QIBs 1.21x.

Retail
10.04x
NII
21.75x
QIB
1.21x
Total
9.89x

Current GMP

₹3 (+2.14%)

Open Date 12 February, 2025
Close Date 14 February, 2025
Market Cap -
Industry
Sector
Subscription 9.89x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

PS Raj Steels IPO Subscription Details ( Fri, 14 Feb 25 01:17 PM)

Category Shares Offered Shares Bid For Subscription (x)
Qualified Institutions 380,000460,0001.21x
Non-Institutional 285,0006,198,00021.75x
Retail Investors 665,0006,675,00010.04x
Employees 20,00024,0001.2x
Total 1,350,00013,357,0009.89x

Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.

Application Wise Breakup (Approximate)

Category Reserved Apps Applied Apps Times (x)
Non-Institutional - 0 -
Retail Investors - 0 -
Employees - 0 -

Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.

PS Raj Steels IPO Reservations Details

Category Shares Offered Shares Offered % Max Allotee
Qualified Institutions 380,00028%0
Non-Institutional 285,00021%0
Retail Investors 665,00049%0
Employees 20,0001%0
Total 1,350,000100%0

Share Reservation By Category

Shares bids Against Offered

Disclaimer: This data is for informational purposes only and does not constitute investment advice.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Where Can I Check the PS Raj Steels IPO Live Subscription Status?

You can check the PS Raj Steels IPO live subscription status on the IPO Master App or the official websites of the NSE. The live subscription data is updated regularly during the IPO bidding period and displays category-wise subscription figures for Retail Individual Investors (RII), Non-Institutional Investors (NII), Qualified Institutional Buyers (QIB), Employees (if applicable), and the overall IPO subscription.

What is PS Raj Steels IPO retail subscription status?

The Retail Individual Investor (RII) portion of the PS Raj Steels IPO was subscribed 10.04 times as of Fri, Feb 14, 2025 06:47 PM. The public issue closed on Fri, Feb 14, 2025 for bidding.

How to subscribe PS Raj Steels IPO?

Investors can apply for the PS Raj Steels IPO online through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or via UPI using a SEBI-registered stockbroker or trading app. Select the desired lot size, enter your bid within the price band, and submit your application during the IPO subscription period. The application amount remains blocked in your bank account until the IPO allotment process is completed.

How many times PS Raj Steels IPO subscribed?

The PS Raj Steels IPO was subscribed 9.89x times at the close of bidding period on Fri, Feb 14, 2025.

How to check PS Raj Steels IPO allotment?

The PS Raj Steels IPO allotment was finalized on Mon, Feb 17, 2025. You can check the PS Raj Steels IPO allotment status on the registrar's website or the BSE/NSE websites using your PAN, application number, or DP/Client ID. You can also check the allotment status quickly through the IPO Master App.

When Will the PS Raj Steels IPO Be Listed?

The PS Raj Steels IPO was listed on Wed, Feb 19, 2025, on the NSE.

What is the PS Raj Steels IPO Qualified Institutional Buyers (QIB) subscription status?

The Qualified Institutional Buyers (QIB) category of PS Raj Steels IPO was subscribed 1.21 times as of Fri, Feb 14, 2025 06:47 PM.