RKB Global IPO
RKB Global IPO Details
RKB Global IPO is a 100% book-built issue of 1.46 crore equity shares, comprising a fresh issue of 1.26 crore equity shares and an offer for sale (OFS) of 20.20 lakh equity shares, with a face value of ₹10 per share. The company filed its DRHP with SEBI on March 20, 2026.
The price band and official dates of subscription and listing will be announced by the company later, but the shares are supposed to be listed on the BSE and the NSE platforms. The book-running lead manager of this issue is Aryaman Financial Services Ltd. and Oneview Corporate Advisors Pvt. Ltd., while the registrar to the issue is MUFG Intime India Private Ltd.
RKB Global IPO Date & Timeline
RKB Global Ltd. officially filed its Draft Red Herring Prospectus (DRHP) on March 20, 2026. However, the specific RKB Global IPO date and subscription timeline remain unannounced. Following regulatory approval, the company will finalize the price band and bidding dates. Once cleared, the schedule for anchor allotment, public bidding and the final listing on the exchange will be formally disclosed.
RKB Global IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The RKB Global IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Company Background
RKB Global Ltd. was incorporated as a partnership firm, “M/s Rajankumar and Bros (Impex)” on May 11, 2000 and then changed its name to RKB Global on July 02, 2013, as a private limited company. After operating as a private firm, it converted into a public limited company on August 30, 2018, to proceed with its public listing procedures.
Currently, the company is engaged in the core business that spans the manufacturing, distribution and export of diverse steel products. Headquartered in Maharashtra, the company has grown its geographic footprint to cater to a broad spectrum of industrial clients.
Operations & Product Range
The operational framework of RKB Global Ltd. combines an established trading vertical with expanding manufacturing capabilities. It provides a wide spectrum of metal solutions. Some of the principal items produced include graded wires, electric resistance welded (ERW) pipes, bright bars, mild steel rods, profile sheets and welding electrodes. In addition to that, the firm runs its activities in the mining of iron ore and the manufacture of pre-engineered building (PEB) items.
Facilities & Capacity
RKB Global Ltd.'s operations base consists of manufacturing plants located at Wada and Taloja in Maharashtra, with an area of about 14 acres. The total manufacturing capacity results in the production of about 200 tonnes per day. For future requirements, RKB Global Ltd. plans to modernise these plants through the procurement of new machinery and equipment specific to its mining division, along with the installation of solar panels.
Brands & Market Presence
RKB Global Ltd. has steadily built a solid market presence within the competitive steel sector. Its product offerings cover an extensive portfolio of over 200 stock-keeping units (SKUs), which are distributed through a dedicated network of dealers and direct business-to-business channels. While maintaining a strong domestic exposure across key industrial belts in India, the company also actively engages in export markets. By serving over 1,200 unique customers, it has established itself as an integrated partner in construction and manufacturing supply chains.
Revenue Streams & Business Model
RKB Global Ltd. generates its revenue from two primary streams: the historical trading vertical and the growing manufacturing segment. While trading historically dominated the top line, revenue from manufactured products has steadily increased its contribution. For Q2 FY26, the company reported a total revenue from operations of ₹290 crore and the PAT was reported at ₹10.15 crore.
The diversified business model followed by RKB Global ensures that earnings are not reliant solely on distribution margins; instead, higher-margin manufactured items and PEB components help stabilise profitability and balance the cyclical nature of commodity markets.
Management & Shareholding
The leadership and foundational structure of RKB Global Ltd. are driven by its key promoters, Alok Virat Shah and Virat Sevantilal Shah. Before the IPO, the promoter & promoter group held 68.24% stake of the company, but after the IPO, the promoter's shareholding will be diluted as the offering includes 20.20 lakh shares being sold by existing shareholders.
Board & Key Management
The leadership of RKB Global Ltd. is led by a team of experts with many years of experience. Virat Sevantilal Shah serves as the Chairman and gives strategic direction to the firm. The daily operations are managed by Alok Virat Shah, the Managing Director, along with Whole-Time Directors Vishal Navin Mehta and Shruti Sawant. To ensure good governance, the board includes Independent Director Samir Mukund Patil for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
RKB Global IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
RKB Global IPO Details
| Detail | Description |
|---|---|
| IPO Date | - |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price Band | - |
| Lot Size | - |
| IPO Type | Fresh capital cum OFS |
| Total Issue Size | 1,46,20,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | - |
| Fresh Issue(Ex Market Maker) | 1,26,00,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 20,20,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Net Offered to Public | - |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | - |
| Share Holding Post Issue | - |
RKB Global IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | - |
| IPO Close Date | - |
| Tentative Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Tentative Listing Date | - |
| Cut-off time for UPI mandate confirmation | - |
RKB Global IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | - | - | - |
| Individual investors (Retail) (Max) | - | - | - |
| S-HNI (Min) | - | - | - |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
RKB Global IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 80.16% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • A well-established manufacturing facility equipped to handle both steel products and PEB structures.
- • A highly diversified business model that successfully blends a historical trading vertical with a growing manufacturing stream.
- • An extensive distribution network and customer base, serving over 1,200 clients with more than 200 distinct product SKUs.
- • Experienced promoters and a professional management team with deep knowledge of the metal supply chain.
RKB Global IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 335.36 | 290.09 | 10.15 | 212.49 | 168.72 | - | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 352.14 | 411.12 | 11.13 | 202.40 | 158.63 | - | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 287.93 | 432.83 | 7.87 | 145.23 | 105.96 | - | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 229.99 | 360.00 | 5.41 | 45.78 | 16.82 | - | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 5.48% |
| ROCE | 10.21% |
| Debt/Equity | 0.31 |
| RoNW | 5.48% |
| PAT Margin | 2.68% |
| EBITDA Margin | 7.79% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
RKB Global IPO Objectives
The company intended to use the RKB Global IPO proceeds for strategic purposes:
- • Funding capital expenditure for the purchase of plant, machinery and solar panels for the existing manufacturing unit.
- • Procuring new machinery to support the company's mining vertical.
- • Repayment or prepayment of debt (in part or in full)
- • General corporate purposes
RKB Global IPO Review
RKB Global Ltd. is positioning itself as an integrated entity in the Indian iron and steel industry, with its 2021 focus on manufacturing alongside its traditional trading business. Their wide range of products, including wires, bright bars and pre-engineered building units, meets the consistent demand from the automobile and engineering industries.
Financially, the company has shown a growing financial statement for Q2 FY26, as the total income was reported at ₹293.82 crore and PAT was reported at ₹10.15 crore. While the top 10 clients contributed ₹217.47 crore, which is 90.69% of the total revenue reported at Q2.
However, key strengths include a diversified product portfolio and an established customer base, though risks remain from commodity price cycles, raw material volatility and competition from large integrated and unorganized players; overall, the IPO reflects a mid-tier industrial firm moving up the value chain, with final assessment dependent on pricing.
Conclusion
The RKB Global IPO represents an opportunity for investors to invest in a growing company that seeks industrial capacity expansion, integrates its mining operations and optimises its balance sheet. The company's execution focus lies in maximising the output of its manufacturing facilities while leveraging its established trading network to push a diversified portfolio of steel products. With underlying demand in the infrastructure sector remaining steady, the company aims to scale its operations efficiently.
IPO DRHP Status
| # | Description | Date | File |
|---|---|---|---|
| 1 | Filed with SEBI/Exchange | 20-05-2026 | View DRHP |
| 2 | SEBI/Exchange approval received | - | - |
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Read More IPO ReviewsFrequently Asked Questions (FAQs)
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What are the RKB Global IPO details?
The IPO comprises a fresh issue of up to 1.26 crore equity shares and an Offer for Sale (OFS) of up to 20.20 lakh shares. It is a book-built issue with the price band yet to be announced.
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What does RKB Global Ltd. do?
The company is engaged in importing, exporting, trading, distributing and manufacturing iron and steel products. It also operates in iron ore mining and produces pre-engineered building (PEB) structural components.
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What are the objectives of the RKB Global IPO?
IPO proceeds will be utilized for capital expenditure, buying equipment for the mining segment, debt repayment and meeting working capital needs.
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Who are the promoters of RKB Global?
The promoters are Alok Virat Shah and Virat Sevantilal Shah.
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Who are the book-running lead managers of the IPO?
The BRLM are Aryaman Financial Services Limited and Oneview Corporate Advisors Private Limited