1/5/2026, 9:57:02 pm

RK Steel Manufacturing IPO gets SEBI approval

SEBI approved RK Steel Manufacturing Company for its IPO plan. IPO will issue 2 crore fresh equity shares to fund capital requirements, repay borrowings, and other corporate purposes. GYR Capital Advisors handles the offer, while MUFG Intime India is the registrar. The company may face business risks, including dependency on single geographies and clients, and operating in a hazardous industry.