Aditya Ultra Steel IPO
Aditya Ultra Steel Limited is a book built issue of ₹45.88 Cr (45,88,00,000). The issue includes a fresh issue of 74.00 Lakh (74,00,000) shares aggregating to ₹45.88 Cr (45,88,00,000).
Aditya Ultra Steel Limited bidding started from Sep 09, 2024 and ended on Sep 11, 2024. The allotment for Aditya Ultra Steel Limited was finalized on Sep 12, 2024. The shares got listed on NSE on Sep 16, 2024.
Aditya Ultra Steel Limited price band is set at ₹59 to ₹62 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹1.18 Lakh (1,18,000).
Refer to Aditya Ultra Steel Limited RHP for detailed information.
IPO date
Sep 09,2024 - Sep 11,2024
Listing Date
Sep 16,2024
Face value
₹10
Price Band
₹59 to ₹62 per share
Lot
₹2000 Shares
Total Issue Size
74.00 Lakh (74,00,000)
aggregating up to ₹45.88 Cr (45,88,00,000)
Fresh Issue
74.00 Lakh (74,00,000)
aggregating up to ₹45.88 Cr (45,88,00,000)
Issue Type
Book Building
IPO Type
Listing At
NSE
Mon, Sep 09, 2024
IPO Open
Wed, Sep 11, 2024
IPO Close
Thu, Sep 12, 2024
Basis of Allotment
Fri, Sep 13, 2024
Initiation of Refunds
Fri, Sep 13, 2024
Credit of Shares to Demat
Mon, Sep 16, 2024
Listing
Aditya Ultra Steel Limited last GMP is ₹0, last updated Sep 15,2024. With the price band of 62.00, Aditya Ultra Steel Limited 's estimated listing price is ₹62 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
15-Sep-24 | 62.00 | 0 | 62(0.00%) | 15-Sep-2024 16:55 |
14-Sep-24 | 62.00 | 0 | 62(0.00%) | 14-Sep-2024 23:29 |
13-Sep-24 | 62.00 | 0 | 62(0.00%) | 13-Sep-2024 23:31 |
12-Sep-24 | 62.00 | 0 | 62(0.00%) | 12-Sep-2024 23:24 |
11-Sep-24 | 62.00 | 0 | 62(0.00%) | 11-Sep-2024 23:24 |
10-Sep-24 | 62.00 | 0 | 62(0.00%) | 10-Sep-2024 23:30 |
09-Sep-24 | 62.00 | 0 | 62(0.00%) | 9-Sep-2024 23:23 |
08-Sep-24 | 62.00 | 0 | 62(0.00%) | 8-Sep-2024 23:29 |
07-Sep-24 | 62.00 | 0 | 62(0.00%) | 7-Sep-2024 23:32 |
06-Sep-24 | 62.00 | 0 | 62(0.00%) | 6-Sep-2024 23:24 |
05-Sep-24 | 62.00 | 0 | 62(0.00%) | 5-Sep-2024 23:26 |
04-Sep-24 | 62.00 | 0 | 62(0.00%) | 4-Sep-2024 23:32 |
03-Sep-24 | 62.00 | 0 | 62(0.00%) | 3-Sep-2024 23:32 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 2,000 | ₹1.24 Lakh (1,24,000) |
Retail(Max) | 1 | 2,000 | ₹1.24 Lakh (1,24,000) |
HNI(Min) | 2 | 4,000 | ₹2.48 Lakh (2,48,000) |
Investor Category | Shares Offered |
---|---|
Offered to QIB | 35.12 Lakh (35,12,000) |
Offered to NII | 10.56 Lakh (10,56,000) |
Offered to RII | 24.62 Lakh (24,62,000) |
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.
Aditya Ultra Steel Limited
Survey No.888/807/810, FP-25,28,T 808-C,
Pinnacle, Prahlad Nagar Area,
Opp. Royal Arcade, AUDA Garden, Ahmedabad- 380 015
Phone: 079 - 4890 1470
Email: [email protected]
Website: http://www.adityaultrasteel.com/
Mr. Varun Manojkumar Jain and Mrs. Varuna Varun Jain are the promoters of the company.