SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rama Steel Tubes rises on planning to raise funds upto Rs 150 crore

07 Feb 2022 Evaluate

Rama Steel Tubes is currently trading at Rs. 349.15, up by 1.25 points or 0.36% from its previous closing of Rs. 347.90 on the BSE.

The scrip opened at Rs. 356.55 and has touched a high and low of Rs. 360.10 and Rs. 348.10 respectively. So far 4349 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 455.15 on 10-Jan-2022 and a 52 week low of Rs. 66.60 on 17-Mar-2021.

Last one week high and low of the scrip stood at Rs. 380.00 and Rs. 343.85 respectively. The current market cap of the company is Rs. 586.36 crore.

The promoters holding in the company stood at 62.33%, while Institutions and Non-Institutions held 0.59% and 37.08% respectively.

Rama Steel Tubes is planning to raise funds upto Rs 150 crore by way of issue of equity shares/ preference shares/ bonds/ debentures/ non-convertible debt instruments/equity shares/ warrants/ any other securities, including through preferential issue on a private placement basis, qualified institutional placement, rights issue or any other methods or combination thereof, subject to approval from the shareholders and sanctions/approvals from the other regulatory/ governmental authorities, as may be required. The Meeting of the Board of Directors of the Company will be held on February 14, 2022, inter alia, to consider and approve the same.

Rama Steel Tubes is a leading player engaged in the manufacturing and trading of Steel Tubes & Pipes and Rigid PVC (Poly Vinyl Chloride) & G.I. (Galvanised Iron) Pipes in India as well as in the world.

Rama Steel Tubes Share Price

5.93 0.28 (4.96%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×