Rama Steel Tubes Limited

Pine Oak no longer appears among Rama Steel Tubes Limited's disclosed shareholders, having last held 2.36 percent. This reflects either a full exit or a trim below the 1 percent disclosure level.

One of India's leading manufacturers of steel pipes, tubes, and rigid PVC products, the company serves construction, infrastructure, and industrial sectors nationwide. Established in 1974, it produces a diverse range including galvanized iron pipes and square section products for multiple applications. The company operates integrated manufacturing facilities across India, maintaining a strong presence in both domestic and export markets.

Pine Oak Global Fund is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has invested across sectors such as logistics, textiles, infrastructure, pharmaceuticals, and solar.