Renny Strips IPO Details
| IPO Open Date | 2026 |
| IPO Close Date | 2026 |
| Face Value | ā¹5 Per Equity Share |
| IPO Price Band | ā¹[.] to ā¹[.] Per Share |
| Issue Size | Approx ā¹[.] Crores, [.] Equity Shares |
| Fresh Issue | Approx ā¹300 Crores, [.] Equity Shares |
| Offer for Sale: | Approx 1,20,00,000Ā Equity Shares |
| Issue Type | Book building Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Renny Strips IPO Review & Key Points
- Review:
Renny Strips IPO Market Lot
The Renny Strips IPO minimum market lot is [.] shares with ā¹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ā¹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ā¹- |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Renny Strips IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Renny Strips IPO Dates
The Renny Strips IPO date is 2026 and the close date is 2026. The Renny Strips IPO allotment will be finalized on 2026 and the IPO listing on 2026.
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Basis of Allotment: | 2026 |
| Refunds: | 2026 |
| Credit to Demat Account: | 2026 |
| IPO Listing Date: | 2026 |
| IPO Bidding Cut-off Time: | 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Binney Gupta and Chetna Gupta.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 13,62,10,560 | 100% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding the capital expenditure requirements of their Company towards: a. setting up of a new manufacturing unit to expand their production capabilities to manufacture Scaffolding and Formwork systems along with ERW pipes and tubes at Ludhiana, Punjab (āProposed Unit IVā); and b. upgradation of their existing manufacturing Unit I and Unit III. | ā¹175.50 |
| Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company | ā¹55.00 |
| General Corporate Purpose | ā¹- |
About Renny Strips IPO
To be updated soon
Renny Strips IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹537.24 | ā¹523.55 | ā¹9.59 | ā¹208.17 |
| 2024 | ā¹887.16 | ā¹871.13 | ā¹11.47 | ā¹291.44 |
| 2025 | ā¹861.13 | ā¹833.08 | ā¹19.66 | ā¹443.39 |
| Sep 2025 | ā¹492.24 | ā¹458.79 | ā¹23.78 | ā¹593.70 |
Renny Strips IPO Valuation – FY2025
Check Renny Strips IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 24.01% |
| ROCE: | 11.62% |
| EBITDA Margin: | 5.65% |
| PAT Margin: | 2.30% |
| Debt to equity ratio: | [.] |
| Earning Per Share (EPS): | ā¹1.44 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.01% |
| Net Asset Value (NAV): | ā¹6.01 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Hari Om Pipe Industries Limited | 20.25 | 17.48 | 10.78 | 184.93 | 1359.95 Cr. |
| Rama Steel Tubes Limited | 0.15 | 67.40 | 6.25 | 2.34 | 1064.83 Cr. |
| Sambhv Steel Tubes Limited | 2.38 | 39.27 | 11.56 | 20.55 | 1516.70 Cr. |
| Technocraft Industries (India) Limited | 112.32 | 19.71 | 14.46 | 781.69 | 2696.09 Cr. |
IPO Lead Managers aka Merchant Bankers
- Pantomath Capital Advisors Pvt.Ltd.
Company Address
Renny Strips Ltd.
Khasra No 34//6/2 (0-8)-7 (8-0)-9,
Khata No 121/127,
Lakhowal Road, Kohara,
Ludhiana, Punjab, 141112
Phone: +91 6283368523
Email: [email protected]
Website: http://www.rennystrips.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
Renny Strips IPO FAQs
What is Renny Strips IPO?
Renny Strips IPO is Mainboard IPO. The company is going to raise ā¹[.] Crores via IPO. The issue is priced at ā¹[.] to ā¹[.] per equity share. The IPO is to be listed on BSE & NSE.
When Renny Strips IPO will open for subscription?
The IPO is to open on 2026 for QIB, NII, and Retail Investors. The IPO will close on 2026.
What is Renny Strips IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Renny Strips IPO?
You can apply for Renny Strips IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Renny Strips IPO Issue Size?
Renny Strips IPO issue size is ā¹[.] crores.
What is Renny Strips IPO Price Band?
Renny Strips IPO Price Band is ā¹[.] to ā¹[.].
What is Renny Strips IPO Lot Size?
The minimum bid is [.] Shares with ā¹[.] amount.
What is the Renny Strips IPO Allotment Date?
Renny Strips IPO allotment date is 2026.
What is the Renny Strips IPO Listing Date?
Renny Strips IPO listing date is 2026. The IPO is to list on BSE & NSE.
Note: The Renny Strips IPO price band and date are officially announced. The (Renny Strips IPO grey market premium) will be added to the IPO GMP page as it will start).
