IPO

Aditya Ultra Steel Limited IPO

NSE SME

Listed On: Sep 16, 2024 at ₹ 69.0

₹ 124000 /2000 Shares

Check Allotment

Aditya Ultra Steel IPO Details

09 Sep, 2024

Open Date

11 Sep, 2024

Close Date

12 Sep, 2024

Allotment Date

16 Sep, 2024

Listing Date

Issue Price

₹59-62 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Cameo Corporate Services Limited

List Price

69.0

Listing Date

2024-09-16

Market Lot

2000 Shares (₹124,000/-)

Lead Manager

Swastika Investmart Ltd

Issue Size

7,400,000 shares(aggregating up to ₹45.88 Cr)

Retail Portion

35%

Subscription

10.58 times

IPO Docs

DRHP

Aditya Ultra Steel IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved3,512,000 / 1,056,0002,462,0007,030,000
Day 1 - 09-09-24 06:00 PM0.87 / 1.49 x4.11 x2.10 x
Day 2 - 10-09-24 06:00 PM1.01 / 2.38 x10.39 x4.50 x
Day 3 - 11-09-24 06:00 PM1.21 / 12.51 x23.12 x10.58 x
Total No. of Applications: 28,456 (Approx)

Aditya Ultra Steel Valuations

EPS Pre IPO

₹4.54/-

EPS Post IPO

₹3.19/-

P/E Pre IPO

13.64

P/E Post IPO

19.43

RoNW

%

Aditya Ultra Steel Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets14,752.339,734.65N/A
Revenue58,856.2953,048.91N/A
Profit After Tax792.34N/AN/A

About The Company

Aditya Ultra Steel Limited, founded in 2011, manufactures rolled steel products, i.e. TMT bars, under the brand name Kamdhenu.

The company manufactures TMT bars from billets in a reheating furnace and a rolling mill, mainly catering to the construction industry and infrastructure development. The company's manufacturing facility is located in Wankaner, Gujarat and has a production capacity of 1,08,000 MT for TMT bars.

As of April 30, 2024, the company employed a total of 149 full-time employees, including executives.

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Aditya Ultra Steel - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

  1. Mr. Varun Manojkumar Jain
  2. Mrs. Varuna Varun Jain

Aditya Ultra Steel IPO - Issue Objectives

  1. To meet Capital Expenditure
  2. To meet Working Capital Requirements
  3. General Corporate Purposes
  4. To meet the Public Issue Expenses

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.