PS Raj Steels gets NSE Emerge's clearance to raise funds through IPO

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PS Raj Steels gets NSE Emerge's clearance to raise funds through IPO - Business Standard

Quick Summary:

P S Raj Steels Ltd (PSSR), a stainless-steel pipes and tubes manufacturer, received the approval from NSE's Small and Medium Enterprises (SME) platform Emerge on January 2, the company said in a statement.

Haryana-based P S Raj Steels on Monday said it has received in-principle approval from NSE's SME platform Emerge to raise funds through an initial public offering.

PSSR is currently in the process of filing its Red Herring Prospectus (RHP) with updated information and expects to list on NSE Emerge, it added.