Official SEBI source / 18 September 2026
A filing,
not a forecast.
A reading guide to Madhur Iron & Steel (India) Limited’s draft red herring prospectus. Follow the source, see what the draft covers, and open the official document for the full record.
01 / Orientation
What this document is.
The SEBI filing page lists the draft on 18 September 2026. Its cover (PDF page 1) identifies the issuer and is dated 14 September 2026. These are different dates: one identifies the posted filing, the other the draft itself.
The cover states that SEBI has neither recommended nor approved the equity shares and shows unfilled bid/issue dates. This is not an open offer or a listing announcement. Read the cover, PDF page 1
02 / Company context
Read the business in layers.
The operating business
The draft describes Unit I as the re-rolled structural-steel operation. It separately records the commencement of commercial fabrication and galvanisation at Unit II in September 2026. Those operations should not be confused with the proposed expansion.
Unit I · printed p. 272 / PDF p. 277 Unit II · printed p. 273 / PDF p. 278A proposed facility is different
The Berla unit is described as a proposed re-rolled structural-steel facility, not part of current operating capacity. Read that proposal as a separate project rather than as an existing plant.
Proposed project · printed p. 261 / PDF p. 266Read the financial schedules together
The draft defines its restated financial information as covering the fiscal periods ended 31 March 2026, 31 March 2025 and 31 March 2024, together with accounting policies and explanatory information. This guide does not extract performance figures or draw an investment conclusion.
Definition · printed p. 3 / PDF p. 8 Financial information · printed p. 335 / PDF p. 34003 / Where to read
Follow the source.
These section names and printed starting pages come from the official draft’s table of contents. The links open the corresponding PDF viewer pages; printed and viewer page numbers differ.
- 01Open section
Risk factors
The filing’s account of risks to read before evaluating the proposed issue.
Printed page 23 · PDF page 28 - 02Open section
Our business
The company’s description of its operations in the draft.
Printed page 249 · PDF page 254 - 03Open section
Restated financial information
The original financial schedules, without a website-level interpretation.
Printed page 335 · PDF page 340 - 04Open section
Other regulatory and statutory disclosures
The original regulatory disclosures.
Printed page 495 · PDF page 500 - 05Open section
Issue procedure
The draft’s procedural section; not an open subscription window.
Printed page 524 · PDF page 529
04 / Original source
Read the complete filing.
This guide is a route into the document, not a replacement for it. The official SEBI landing page and the PDF it links are the sources for the draft and its full disclosures.
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