Introduction

Leading Indian steel manufacturer plans acquisition of a UAE-based precision engineering firm. The move aims to expand high-value engineering services and strengthen presence across GCC and MENA regions.

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Share price movement of Rama Steel Tubes

On December 12, 2025, Rama Steel Tubes Limited opened at ₹11.04, unchanged from its previous close of ₹11.04. The stock reached a high of ₹11.30 (2.36%) and a low of ₹10.50 (-4.91%). By 1:13 PM, it traded at ₹10.55, down 4.44%, with a market cap of ₹1,726.02 crore.

Rama Steel Acquires UAE’s Automech Group

Rama Steel Tubes Limited (RSTL) announced plans to acquire UAE-based Automech Group for AED 296 million (approximately Rs. 728 crores). Automech provides precision manufacturing, machining, and engineering services.

Post-acquisition, RSTL expects consolidated revenue to increase from Rs. 1,065 crores in FY25 to over Rs. 2,200 crores by FY27E. EBITDA is projected to rise from Rs. 46 crores to Rs. 236 crores.

The acquisition combines RSTL’s manufacturing base with Automech’s precision and heavy fabrication capabilities. Automech holds API, ASME, and ISO certifications, along with ADNOC-approved vendor status for GCC and MENA operations.

Stock performance of Rama Steel Tubes for Period of 1 week, 6 months, and 1 year

Rama Steel Tubes Ltd delivered an 11.7% return over the past week, it declined by 16.3% in the past six months. The stock fell 16.8% over the past year.

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Shareholding pattern of Rama Steel Tubes

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	38%	47.80%	48.00%
FII	5.50%	0.50%	0.40%
DII	0.00%	0.00%	0.00%
Public	56.80%	51.70%	51.60%

About Rama Steel Tubes

Rama Steel Tubes Limited (NSE: RAMASTEEL) is a leading Indian manufacturer of ERW and galvanized steel pipes. The company serves infrastructure, construction, and industrial sectors with global exports and subsidiaries in UAE and Nigeria.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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