PS Raj Steels IPO

Incorporated in November 2004, PS Raj Steels Limited manufactures and supplies stainless steel pipes and tubes in India. The company's product range includes the following Outer Diameter (OD) Pipes (from ½ inch to 18 inches); Nominal Bore (NB) Pipes (from 3/8 inch to 18 inches); Section Pipes (square, rectangular and oval shapes); Slotted Pipes. The company's products cater to various sectors, including railways, furniture, households, gate railing, door frames, rice plants, sugar mills, food processing, and heat exchangers. The company's manufacturing unit is situated in Hissar, Haryana and is spread across an area of 3 acres. The company has a distribution network across 18 Indian states and engages directly with OEMs for timely deliveries and tailored solutions. The company has a strong network of 77 dealers spread across the different states of the country. As of January 31, 2025, the company employs a total of 114 employees, including non-contract labor. Competitive Strength Strong Distribution and Customer Focus. Experienced Promoters and senior management team. Integrated manufacturing facility. Long Association with the Stainless-Steel Industry.

The company intends to utilize the proceeds of the Issue to meet the following objectives: - To meet the working capital requirements of the Company

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