Upcoming IPO: RKB Global Limited files DRHP with SEBI to raise funds via Fresh Issue and Offer for Sale
RKB Global Limited, iron and steel products manufacturer, has filed Draft Red Herring Prospectus (DRHP) with SEBI on March 20, 2026. The company aims to raise funds via fresh issue and offer for sale (OFS).
Issue Size
The proposed issue is a mix of fresh issuance of 1.26 crore equity shares and an offer for sale (OFS) component of 20.20 lakh shares by existing shareholders Gaurav Kapoor, Kenin Kumar Jayantilal Jain, Jagruti Tushar Patel, Jatin R Mansata, Mehul Jaysukh Parekh, Gunjan Vinod Mehta, Maspire Enterprise LLP, Maspire Enterprise LLP, Tushar S Patel, Naveen Singh, and Sharda & Sons Baking House Pvt. Ltd
BRLMs and Registrar
The book-running lead managers for the IPO are Aryaman Financial Services Limited and Oneview Corporate Advisors Private Limited, while MUFG Intime India Private Limited is the registrar to the issue.
Use of Proceeds
The net proceeds from the fresh issue will be used towards the following objectives:
- Fund working capital requirements
- Purchase of plant, machinery, solar panel for installation at company’s existing manufacturing unit located at Wada
- Purchase of machineries for mining vertical
- Repay/prepay outstanding borrowings availed by RKB Global
- General corporate purposes
About RKB Global Limited
RKB Global Limited is engaged in the import, export, trading, distribution, and manufacturing of iron and steel products. The company also specializes in the production and supply of pre-engineered building (PEB) components.
RKB offers an extensive range of steel products such as graded wires, ERW pipes, bright bars, mild steel rods, profile sheets, welding electrodes, and PEB structures. Its manufacturing operations are based in Maharashtra, with facilities located in Wada and Taloja, spread across approximately 14 acres.
The company’s product portfolio comprises over 200 SKUs across multiple categories and caters to sectors including construction, automotive, and engineering.
In terms of financials, RKB’s revenue from operations increased by ₹72.83 crore, to ₹432.83 crore in FY 2024 from ₹360.00 crore in FY 2023.
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