Gretex Corporate Services Limited has informed the Exchange regarding 'We are happy to announce that the Company has filed Red Herring Prospectus (RHP) of the M P K Steels (I) Limited with the Registrar of Companies in connection with its proposed listing on the SME Platform of BSE ( BSE SME ).'.
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Awaiting price reaction for this filing.
Gretex Corporate Services, acting as the lead manager/merchant banker, has filed the Red Herring Prospectus (RHP) for M P K Steels (I) Limited with the Registrar of Companies. This is for the proposed SME IPO listing of M P K Steels on the BSE SME platform. The issue is scheduled to open on September 26, 2025, and close on September 30, 2025. The proposed listing date is October 6, 2025. The filing itself does not disclose pricing, issue size, or allocation details.
For Gretex shareholders, this is a positive business development showing active deal flow in its merchant banking/advisory segment, though the financial impact depends on the fees earned. The announcement is not about Gretex's own fundraising and should not materially move its stock on fundamentals.