Madhur Iron and Steel India unlisted share price

Price history

About

Madhur Iron & Steel (India) Limited is a Bhilai-based steel company. It makes, fabricates, galvanizes and trades re-rolled structural steel products, mainly angles, channels, mild steel sections, flats and rods. It sells on a business-to-business, order-based model to corporates. Its products go mainly to railway electrification and power and energy infrastructure. The company is an approved vendor of a few public sector undertakings and government entities in the power and railway sectors. The company was incorporated in 2012 as a private limited company and later became a public limited company. It runs two manufacturing facilities in Light Industrial Area, Bhilai. Unit I makes re-rolled structural steel. Unit II makes engineered steel products and does fabrication and galvanization. It has also bought land at Berla, Chhattisgarh, to set up a rolling mill plant. In the restated financials in its DRHP, revenue from operations grew from ₹23925.12 lakhs in Fiscal 2024 to ₹33956.36 lakhs in Fiscal 2025 and ₹44401.61 lakhs in Fiscal 2026. Profit after tax rose from ₹1256.03 lakhs to ₹1812.25 lakhs and then ₹2387.57 lakhs. About 65.81% of Fiscal 2026 revenue came from its own manufacturing and 34.19% from trading of steel products. Chhattisgarh gave 75.39% of revenue. The promoter is Jayant Agrawal, who holds 73.89% before the issue. The promoter group holds another 4.43%. The company has filed its DRHP with SEBI, and our IPO journey tracker shows SEBI review completed. The proposed issue is a fresh issue of up to 1,10,00,000 equity shares. Proceeds are meant for repaying borrowings, the Berla plant and working capital. Unlisted shares of a company like this are traded off-market through dealers and platforms. Prices are indicative, liquidity can be thin, and the current indicative price on IPO Guru is ₹148 per share. This is information only and not investment advice.