Aditya Ultra Steel Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,512,000 (47%) | — | ₹2,177 Cr |
| NII (HNI) | — | 1,056,000 (14%) | — | ₹655 Cr |
| Retail | — | 2,462,000 (33%) | — | ₹1,526 Cr |
| Market Maker | — | 370,000 (5%) | — | ₹23 Cr |
| Σ Total | — | 7,400,000 (100%) | — | ₹45,880 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹124,000 |
| Retail (Max) | 13 | 26,000 | ₹1,612,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,736,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,308,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 58,856 | 53,049 | 51,598 |
| Profit After Tax | 792 | 278 | 489 |
| Net Worth | 3,758 | 2,866 | 2,588 |
| Total Assets | 14,752 | 9,735 | 9,157 |
| Reserves & Surplus | 3,129 | 2,740 | 2,462 |
| Total Borrowing | 5,427 | 4,984 | 4,695 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet Capital Expenditure –
- General Corporate Purposes –
- To meet Working Capital Requirements –
- To meet the Public Issue Expenses –
Company Overview
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.