Aditya Ultra Steel Ltd IPO
Price Range
₹59 - ₹62
-
Min. Quantity
2,000 Shares
Closes on
11 September 2024
-
Min. investment
₹1,24,000
Aditya Ultra Steel Ltd IPO Timeline
| Event | Date |
|---|---|
| Aditya Ultra Steel Ltd IPO Opening Date | 9 September 2024 |
| Aditya Ultra Steel Ltd IPO Closing Date | 11 September 2024 |
| Basis of Allotment | 12 September 2024 |
| Initiation of Refunds | 13 September 2024 |
| Credit of Shares to Demat | 13 September 2024 |
| Aditya Ultra Steel Ltd IPO Listing Date | 16 September 2024 |
Aditya Ultra Steel Ltd IPO Details
| Aditya Ultra Steel Ltd IPO Date | 9 September 2024 to 11 September 2024 |
| Aditya Ultra Steel Ltd IPO Face Value | ₹10 per share |
| Aditya Ultra Steel Ltd IPO Price | ₹59 to ₹62 per share |
| Aditya Ultra Steel Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹45.88 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹45.88 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sunny Sunil Singhi, Varun Manojkumar Jain, Varun Jain |
Aditya Ultra Steel Ltd IPO Lot Size
The Aditya Ultra Steel Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,24,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,24,000 |
| Maximum | 1 | 2,000 | ₹1,24,000 |
- Strengths
- Risks
- Opportunities
- Qualified and experienced management team.
- Skilled and dedicated manpower.
- Strategically located Manufacturing Plant.
- Existing customer relationship.
- Cordial relationship between management and labour.
- Flit of Company Owned Vehicle.
Company Financials
Aditya Ultra Steel Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 197.07 | 585.75 | 9.33 |
| 03-2024 | 147.61 | 588.6 | 7.69 |
| 03-2023 | 97.35 | 530.49 | 2.78 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital Expenditure
- To meet working capital requirements
- General corporate purposes
Aditya Ultra Steel Ltd IPO Promoter Holding
| Pre Issue Share Holding | 35.27% |
| Post Issue Share Holding | 24.76% |
Aditya Ultra Steel Ltd IPO Subscription Status (Bidding Detail)
The Aditya Ultra Steel Ltd IPO is subscribed 10.2238 times on 11 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 10.2238 |
Aditya Ultra Steel Ltd IPO Prospectus
Aditya Ultra Steel Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE01YQ01013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Sy No.48 Wankarner BoudryBhalgam N.Highways 8-A Rajkot,Wankaner-363621
Phone: +91 63575 85716
Email: cs@aditya-ultra-steel.com
Website: www.aditya-ultra-steel.com
Aditya Ultra Steel Ltd IPO Registrar
Aditya Ultra Steel Ltd IPO Lead Manager(s)
- Swastika Investment Ltd
How to Check the Allotment Status of Aditya Ultra Steel Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Aditya Ultra Steel Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Aditya Ultra Steel Ltd IPO
Aditya Ultra Steel Limited was incorporated as a Private Limited Company on July 27, 2011 with the Registrar of Companies, Gujarat and later on converted into a Public Limited Company on July 26, 2018. The Company started the business in commercial production in year 2012-13. Then later on in 2016-17, Company was acquired by Mr. Varun Manojkumar Jain and Mrs. Varuna Jain as a going concern effective on May 1, 2016.