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Company Profile

RAMA STEEL TUBES LTD.

NSE : RAMASTEELBSE : 539309ISIN CODE : INE230R01035Industry : Steel & Iron ProductsHouse : Private
BSE13.50-0.2 (-1.46 % )
PREV CLOSE (Rs.) 13.70
OPEN PRICE (Rs.) 13.85
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2589145
TODAY'S LOW / HIGH (Rs.)13.44 13.90
52 WK LOW / HIGH (Rs.)10.08 16.83
NSE13.50 -0.2 (-1.46 % )
PREV CLOSE(Rs.) 13.70
OPEN PRICE (Rs.) 13.85
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 13.50 (55637 )
VOLUME 13118197
TODAY'S LOW / HIGH(Rs.) 13.45 13.90
52 WK LOW / HIGH (Rs.)10.02 16.83

Smart Quotes

1D 1M 3M 1Y 3Y 5Y
STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 0.00
TTM EPS (Rs.) 0.16
P/E Ratio 82.33
Book Value (Rs.) 2.43
Face Value (Rs.) 1
MCap (Rs. in Mn) 20982.12
Price/Earning (TTM) 71.27
Price/Sales (TTM) 2.27
Price/Book (MRQ) 5.55
PAT Margin (%) 1.63
ROCE (%) 12.18
Incorporation Year : 1974

Management Info :

Naresh Kumar Bansal - Chairman Naresh Kumar Bansal - Managing Director

Registered Office :

Address : B-5, 3rd Floor,Main Road,Ghazipur,
New Delhi,
Delhi-110096

Phone : 011-43446600

Website : www.ramasteel.com

Registrar's Details : Bigshare Services Pvt Ltd
302, Kushal Bazar,32-33 Nehru Place,,New Delhi
Listing : BSE, NSE
NEWS More
22Apr04-22-2024$Rama Steel Tubes informs about fund raising Rama Steel Tubes informs abo
Rama Steel Tubes has informed that the Board of Directors of the Company, at its meeting held today (April 22, 2024) has, subject to the approval of shareholders' and or other requisite regulatory or statutory approvals, approved raising of funds by way of further issue of Equity Shares for an aggregate amount of upto Rs. 500 crores by way of a further public offer; The Board has re-constituted and authorised the Fund Raising Committee and assign all the powers to it including but not limited to appointment of various intermediaries and do all the things which are necessary for the completion of the issuance of Equity Shares by way of further public offer; The Board also approved convening of an extraordinary general meeting of the Company on Saturday, June 1, 2024, to approve the above matters; The Board has Appointed Shah & Santoki, Practicing Company Secretary as the scrutinizer of the Company for this extraordinary general meeting.

The above information is a part of company’s filings submitted to BSE.
Rama Steel Tubes has informed that the Board of Directors of th..
20Mar03-20-2024$Rama Steel Tubes informs about outcome of board meeting Rama Steel Tubes informs abo
Rama Steel Tubes has informed that the Board of Directors of the Company in their meeting held today has made allotment of 101,99,04,050 fully paid-up Bonus Equity Shares of Rs 1 each in the ratio 2:1 (Two) Equity Share of Rs 1 each for every (One) Equity Share of Rs 1 each held by the shareholders of the Company as on the record date (March 19, 2024), in accordance with SEBI (ICDR) Regulations, 2018 and applicable rules. The Board of Directors of the Company have also reserved 1,62,50,000 bonus shares for 16,25,000 number of outstanding warrants as on record date pending for conversion into equivalent number of equity shares, in the ratio of 2:1 (Two equity shares for everyone equity shares held). The Board Meeting commenced at 11:00 AM and concluded at 11:45 AM. 

The above information is a part of company’s filings submitted to BSE.

Rama Steel Tubes has informed that the Board of Directors of th..
06Mar03-06-2024$Rama Steel Tubes gets nod to sell 50% stake in Hager Mega Mart Rama Steel Tubes gets nod to

Rama Steel Tubes has received approval to sell 50% stake (12,50,000 equity shares of face value of Rs 10 each) in Hager Mega Mart (HMMPL). After completion of above disinvestment, HMMPL shall ceased to be Associate of the Company. The consideration will receive from such sale is Rs 5 crore for sale of around 31.20% stake and balance 18.80% stake shall be diluted in due course of time.

The Board of Directors at its meeting held on March 06, 2024, has inter-alia, considered and approved the same. 

Rama Steel Tubes is a leading player engaged in the manufacturing and trading of Steel Tubes & Pipes and Rigid PVC (Poly Vinyl Chloride) & G.I. (Galvanised Iron) Pipes in India as well as in the world.

Rama Steel Tubes has received approval to sell 50% stake (12,50..
06Mar03-06-2024$Rama Steel Tubes informs about record date Rama Steel Tubes informs abo

Further to letter dated January 24, 2024 intimating the Bonus Issue of Equity Shares, Rama Steel Tubes has informed that pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors has fixed Tuesday, March 19, 2024, as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Shares. The Bonus Shares, once allotted, shall rank in all respects with and carry the same rights as the existing equity shares and shall be entitled to participate in full in any dividend and other corporate action, recommended and declared after the new equity shares are allotted.

The above information is a part of company’s filings submitted to BSE.

Further to letter dated January 24, 2024 intimating the Bonus I..
06Mar03-06-2024$Substantial Acquisition of Shares Substantial Acquisition of S
Inter alia, approved:- Sale of stake held in Hager Mega Mart Private Limited ("HMMPL"). Rama Steel Tubes Limited ("the Company") holds 50% stake (12,50,000 equity shares of face value of Rs. 10 each) in HMMPL, the Board of Directors of the Company approved the sell entire stake ofthe Company held in HMMPL as mentioned in Annexure-A. After completion of above disinvestment, HMMPL shall ceased to be Associate of the Company.
Inter alia, approved:- Sale of stake held in Hager Mega Mart P..
Financials More
Rs. in Millions
QTR Dec 23 ANNUAL 23
Net Profit56.9800000000002164.55
Gross Profit 75.3500000000002 224.87
Operating Profit 136.25368.68
Net Sales 2114.5410098.66
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
peer group More
Frontier Springs (BSE)
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M.Cap ( in Cr)
516.22
Ratnamani Metals (BSE)
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M.Cap ( in Cr)
21523.85
Technocraft Inds (BSE)
 2288.25 (2.11%)
M.Cap ( in Cr)
5254.21
Goodluck India (BSE)
 917.65 (2.26%)
M.Cap ( in Cr)
2915.73
Panchmahal Steel (BSE)
 248.90 (6.78%)
M.Cap ( in Cr)
474.86
Shareholding Pattern More
PROMOTERS 56.7 %
NON-INSTITUTION 43.23 %
MUTUAL FUNDS/UTI 0 %
FI/BANKS/INSURANCE 0 %
GOVERNMENT 0 %
FII 0 %
MF HOLDINGS More
Scheme NameHold(%)
Quant Value Fund-Reg(G)1.08
F & O Quotes