Renny Strips Limited
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Renny Strips Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
Renny Strips Limited is engaged in manufacturing precision steel strips and a wide range of steel-based products catering to industries such as automotive, engineering, electrical equipment, and general manufacturing. The company focuses on delivering consistent quality and dimensional accuracy through efficient processes and strong quality control systems. Its product portfolio spans across the steel value chain, including MS billets, wire rods, hot rolled coils, ERW pipes and tubes, as well as precision fabrication and scaffolding and formwork systems used in various industrial applications. With three manufacturing units in Ludhiana, Punjab, and a workforce of 614 employees as of September 2025, the company is positioned as a reliable supplier of engineered steel solutions across multiple sectors.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Specialized Steel Processing Business: Engaged in manufacturing cold rolled steel strips, catering to industrial and engineering applications.
- Diverse End-Use Industries: Supplies to sectors like automotive, construction, and manufacturing, reducing dependency on a single segment.
- Established Manufacturing Experience: Operational expertise supports consistent product quality and long-term customer relationships.
- Raw Material Price Volatility: Steel input prices fluctuate frequently, directly impacting margins and profitability.
- Working Capital Intensive: Requires continuous investment in inventory, production cycles, and receivables.
- Highly Competitive Industry: Faces strong competition from both organized and unorganized steel players, affecting pricing power.
- Binney Gupta
- Chetna Gupta
Renny Strips Limited
Bigshare Services Private Limited