RKB Global, an iron and steel products manufacturer, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The proposed issue comprises a fresh issue of 1.26 crore equity shares along with an offer for sale (OFS) of 20.20 lakh shares by existing shareholders.
The IPO is aimed at strengthening the company’s capital base while enhancing its market visibility and brand presence among customers and stakeholders.
The fresh issue component will primarily be used to support the company’s expansion and operational requirements. Key areas of fund utilisation include:
The company stated that listing on stock exchanges is expected to provide long-term benefits, including improved credibility and access to capital markets.
RKB Global operates across the iron and steel value chain, including importing, exporting, manufacturing, and distribution. It also has exposure to iron ore mining and pre-engineered building (PEB) solutions.
The company offers a diversified portfolio of over 200 stock-keeping units (SKUs), including welding electrodes, bright bars, wires, MS rods, ERW pipes, and profile sheets. These products cater to sectors such as automobile, construction, and engineering.
For the six-month period ending September 2025, the company reported a revenue of ₹290 crore and a profit after tax (PAT) of ₹10.15 crore, indicating steady operational performance.
Aryaman Financial Services and Oneview Corporate Advisors have been appointed as the book-running lead managers to the issue, while MUFG Intime India will act as the registrar.
The equity shares are proposed to be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Read more: Wipro Share Price in Focus; Introduces AI-DC Solution for Enterprise AI Deployment.
RKB Global’s IPO reflects its intent to expand manufacturing capabilities and strengthen its balance sheet. With a diversified product portfolio and presence across multiple steel segments, the company is positioning itself to benefit from continued demand in infrastructure and industrial sectors. However, investor interest will likely hinge on valuation, execution of expansion plans, and broader sector dynamics.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Mar 23, 2026, 1:30 PM IST
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