Renny Strips Ltd IPO
RSTPL
Open Date
To be announced
Close Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
Issue Size
To be announced
IPO Document
About Renny Strips Ltd IPO
Renny Strips Ltd. has filed its DRHP with SEBI to raise funds through a Book Building IPO comprising a fresh issue of ?300 crore and an offer for sale of up to 1.20 crore equity shares. The issue is proposed to be listed on BSE and NSE. Proceeds from the fresh issue will be used for capacity expansion, setting up a new manufacturing unit, upgradation of existing units, repayment of borrowings and general corporate purposes. Key details such as price band, lot size and IPO dates are yet to be announced.
Renny Strips Ltd IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs | 15% | -- |
| Retail Individual Investors (RIIs) | 35% | -- |
Renny Strips Ltd IPO Financial Highlights
Renny Strips Ltd’s total income 0 by 0.00% and total expenses 0 by 0.00%, resulting in an EBITDA 0 by 0.00% and a profit after tax (PAT) 0 by 0.00% between March 31, 2025 and March 31, 2026.
No Data Found
Renny Strips Ltd IPO Strengths & Weaknesses
Vertically integrated manufacturing across billets
coils
pipes
scaffolding and formwork improves cost efficiency.
Three manufacturing units located in close proximity enhance operational flexibility and logistics efficiency.
Diversified product portfolio catering to automotive
engineering
electrical and infrastructure sectors.
Strong improvement in profitability with PAT growth of 71% in FY25.
In-house engineering and design capabilities support value-added scaffolding and formwork solutions.
Renny Strips Ltd IPO Important Dates & Issue Details
| Allotment Date | Listing Date |
|---|---|
| -- | -- |
Renny Strips Ltd IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Renny Strips Ltd ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Renny Strips Ltd IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Contact & Registrar Details
Contact Details
Address
Khasra No 34//6/2 (0-8)-7 (8-0)-9 Khata No 121/127 Ludhiana
Phone Number
