Aditya Ultra Steel Limited IPO
NSE SMEListed On: Sep 16, 2024 at ₹ 69.0
₹ 124000 /2000 Shares
Check Allotment09 Sep, 2024
Open Date11 Sep, 2024
Close Date12 Sep, 2024
Allotment Date16 Sep, 2024
Listing DateIssue Price
₹59-62 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Cameo Corporate Services LimitedList Price
69.0Listing Date
2024-09-16Market Lot
2000 Shares (₹124,000/-)Lead Manager
Swastika Investmart LtdIssue Size
7,400,000 shares(aggregating up to ₹45.88 Cr)Retail Portion
35%Subscription
10.58 times
The IPO of Aditya Ultra Steel is priced at ₹59-62 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Cameo Corporate Services Limited is the registrar of the issue.
Aditya Ultra Steel IPO bid opening date is from Sep 9, 2024 and the bid closing date was Sep 11, 2024.
Aditya Ultra Steel IPO allotment result will be available on Sep 12, 2024. The tentative listing date for Aditya Ultra Steel is Sep 16, 2024.
The total issue size is 7,400,000 shares(aggregating up to ₹45.88 Cr).
Aditya Ultra Steel IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,512,000 / 1,056,000 | 2,462,000 | 7,030,000 |
| Day 1 - 09-09-24 06:00 PM | 0.87 / 1.49 x | 4.11 x | 2.10 x |
| Day 2 - 10-09-24 06:00 PM | 1.01 / 2.38 x | 10.39 x | 4.50 x |
| Day 3 - 11-09-24 06:00 PM | 1.21 / 12.51 x | 23.12 x | 10.58 x |
Aditya Ultra Steel Valuations
EPS Pre IPO
₹4.54/-EPS Post IPO
₹3.19/-P/E Pre IPO
13.64P/E Post IPO
19.43ROE
23.92%ROCE
18.75%Debt/Equity
1.44RoNW
21.08%PAT Margin
1.35Price to Book Value
2.83Aditya Ultra Steel Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 14,752.33 | 9,734.65 | 9,156.62 |
| Revenue | 58,856.29 | 53,048.91 | 51,598.34 |
| Profit After Tax | 792.34 | 277.66 | 488.9 |
| Net Worth | 3,758.21 | 2,865.86 | 2,588.2 |
| Reserves & Surplus | 3,128.6 | 2,739.81 | 2,462.15 |
| Total Borrowing | 5,427.07 | 4,984.14 | 4,695.12 |
About The Company
Aditya Ultra Steel Limited was incorporated on 2011. The company has been producing rolled steel products under the brand name Kamdhenu consisting of TMT bars. These products are mainly produced for the constructions and infrastructure development sector. The manufacturing facility of the company is located in Wankaner, Gujarat which produces TMT bars with a production capacity of 1,08,000 MT.
As of April 30, 2024, the company had 149 full-time employees, which also included executives.
Aditya Ultra Steel - Promoter(s)
Pre Issue Share Holding: 97.94%
Post Issue Share Holding: 68.76%
- Mr. Varun Manojkumar Jain
- Mrs. Varuna Varun Jain
Aditya Ultra Steel IPO - Issue Objectives
- To meet Capital Expenditure
- To meet Working Capital Requirements
- General Corporate Purposes
- To meet the Public Issue Expenses
Other Details
Aditya Ultra Steel
Survey No.888/807/810, FP-25,28,T 808-C Pinnacle, Prahlad Nagar Area, Opp. Royal Arcade, AUDA Garden, Ahmedabad- 380 015Cameo Corporate Services Limited
Aditya Ultra Steel IPO - FAQs
Ans. Aditya Ultra Steel Limited IPO is a SME IPO. The issue is priced at ₹59-62 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 9, 2024, and closes on Sep 11, 2024. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Aditya Ultra Steel Limited IPO opens on Sep 9, 2024 and closes on Sep 11, 2024.
Ans. The size of Aditya Ultra Steel Limited IPO is 7,400,000 shares(aggregating up to ₹45.88 Cr).
Ans. The IPO price band is set between ₹59-62 per equity share.
Ans. To apply for Aditya Ultra Steel Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Aditya Ultra Steel Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Aditya Ultra Steel Limited IPO is Sep 12, 2024.
Ans. The Aditya Ultra Steel Limited IPO will be listed on Sep 16, 2024.
Ans. Follow the steps to check the allotment status for Aditya Ultra Steel Limited IPO here.
