Shiv Aum Steels Limited IPO

NSE SME

Offer Date: Sep 19, 2019 - Sep 23, 2019

₹ 132000 /3000 Shares

IPO Details

19 Sep, 2019

Open Date

23 Sep, 2019

Close Date

27 Sep, 2019

Allotment Date

01 Oct, 2019

Listing Date

Issue Price

Rs 44/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Limited

Market Lot

3000 Equity Shares (Rs 1,32,000/-)

Lead Manager

Aryaman Financial Services Limited

Issue Size

Fresh issue of 36,00,000 Equity Shares of Rs 10/- at a price of Rs 44/- per share aggregating to Rs 15.84 Cr

Retail Portion

N/A

Subscription

45,75,000 1.34 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	17,04,000	17,04,000	34,08,000
Day 1 - 19-09-19	26,37,000 1.55 x	51,000 0.03 x	26,88,000 0.79 x
Day 2 - 20-09-19	34,20,000 2.01 x	1,86,000 0.11 x	36,06,000 1.06 x
Day 3 - 23-09-19	38,46,000 2.26 x	7,29,000 0.43 x	45,75,000 1.34 x

Valuations

Earnings Per Share (EPS)

Rs 4.21/-

P/E Ratio

10.45

RoNW

12.28%

Net Asset Value (post issue)

Rs 45.93/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Shiv Aum Steels Limited	0.96	10.45	12.28%	377.29
SRU Steels Limited	1.08	50.94	2.10%	33.62

- Promoter(s)

Company Promoter(s)

Mr. Sanjay Bansal
Mr. Ajay Bansal
Mr. Jatin Mehta
Jatin Mehta HUF

IPO - Issue Objectives

Repayment of Loans ( Rs 15.10 Cr )
General Corporate Purpose ( Rs 0.24 Cr )

IPO - FAQs

Ans. Shiv Aum Steels Limited IPO is a SME IPO. The issue is priced at Rs 44/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Sep 19, 2019, and closes on Sep 23, 2019. Skyline Financial Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Shiv Aum Steels Limited IPO opens on Sep 19, 2019 and closes on Sep 23, 2019.

Ans. The size of Shiv Aum Steels Limited IPO is Fresh issue of 36,00,000 Equity Shares of Rs 10/- at a price of Rs 44/- per share aggregating to Rs 15.84 Cr.

Ans. The IPO price band is set between Rs 44/- Per Equity Share .

Ans. To apply for Shiv Aum Steels Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Shiv Aum Steels 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 Shiv Aum Steels Limited IPO is Sep 27, 2019.

Ans. The Shiv Aum Steels Limited IPO will be listed on Oct 1, 2019.

Ans. Follow the steps to check the allotment status for Shiv Aum Steels Limited IPO here.