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PS Raj Steels IPO Day 2: PS Raj Steels shares get subscribed 5.13x times on day 2!

PS Raj Steels Limited IPO was subscribed 5.13 times on Day 2, showcasing strong investor confidence, high demand, and optimism regarding the company's growth, expansion plans, and market potential.
PS Raj Steels IPO Day 2: PS Raj Steels shares get subscribed 5.13x times on day 2!
PS Raj Steels IPO Day 2: PS Raj Steels shares get subscribed 5.13x times on day 2!

PS Raj Steels Limited IPO achieved 5.13 times subscription on Day 2, reflecting strong investor confidence and significant demand. This high interest indicates optimism about the company’s growth prospects, expansion strategies, and its potential to capture future market opportunities, positioning it as a promising investment choice.

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PS Raj Steels Ltd IPO Subscription Status

PS Raj Steels Limited IPO saw 1.82 times subscription on Day 1, reflecting strong investor confidence, high demand, and optimism about the company’s growth, expansion strategies, and future market potential, reinforcing positive sentiment toward its business outlook.

How to check PS Raj Steels Ltd IPO Subscription Status?

Steps to check PS Raj Steels Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘PS Raj Steels Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

PS Raj Steels Ltd IPO Allotment Status

The allotment date for the PS Raj Steels Ltd IPO is set for February 17, with shares priced from ₹132 to ₹140 per share and a face value of ₹10. The offering consists of lots of 1000 shares, with bids accepted for these lots or their multiples.

PS Raj Steels Ltd IPO Listing Date 

PS Raj Steels Ltd IPO is expected to be listed on the NSE SME on February 19, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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