RKB Global Submits Initial Public Offering Prospectus for Capital Expenditures, Working Capital, and Debt Repayment Purposes

RKB Global Files Draft Document for Rs 2,700 Crore IPO

RKB Global, a Maharashtra-based iron and steel products maker, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds via an initial public offering (IPO) for capital expenditure, working capital, and debt reduction.

Key Highlights:

• The company plans to issue 1.26 crore fresh shares, while existing shareholders will sell up to 20.2 lakh shares via an offer-for-sale.
• RKB Global operates two manufacturing facilities at Wada and Taloja in Maharashtra, with a total installed capacity of 53,430 MTPA as of September 2025.

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Proceeds Allocation:

• Rs 14.3 crore will be spent on the purchase of plant and machinery.
• Rs 2.9 crore will be used for the installation of solar panels at the existing manufacturing unit at Wada.
• Rs 14.2 crore will be utilized for the purchase of machineries for the mining vertical.
• Rs 50 crore each will be used for repayment of borrowings and incremental working capital requirements.
• The remaining funds will be used for general corporate purposes.

Financial Performance:

• RKB Global recorded a profit of Rs 11.1 crore for the financial year ended March 2025, growing 40% from Rs 7.9 crore in the previous year.
• Revenue during the same period fell 5% to Rs 411.1 crore from Rs 432.8 crore.
• Profit in the six months period ended September 2025 was Rs 10.2 crore on revenue of Rs 290 crore.

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IPO Details:

• Aryaman Financial Services and Oneview Corporate Advisors have been appointed as the book running lead managers for the RKB Global IPO.