Aditya Ultra Steel IPO
Aditya Ultra Steel Ltd
₹1,18,000 /2000 sharesMinimum Investment
Aditya Ultra Steel IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
---|
-- | ₹62.00 | ₹69.90 | ₹7.90 (12.74%) |
Aditya Ultra Steel IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
---|
9 Sep ‘24 - 11 Sep ‘24 | ₹1,18,000 | 2,000 | ₹59 - ₹62 |
Qualified Institutional Buyers | 0.00x |
Non-Institutional Investor | 0.00x |
Retail Individual Investor | 0.00x |
Total | 9.28x |
Aditya Ultra Steel is a manufacturer of rolled steel products. The company produces TMT bars under the Kamdhenu brand. The company primarily serves the construction and infrastructure sectors. Aditya Ultra Steel's manufacturing process involves transforming billets into TMT bars using a reheating furnace and a rolling mill. The company designs and produces these bars and then sells them on a business-to-business (B2B) basis.;
Managing director
Mr. Sunny Sunil Singhi
Parent organisation
Aditya Ultra Steel Ltd
Strengths & Financials of Aditya Ultra Steel
Aditya Ultra Steel maintains a fleet of 23 company-owned vehicles, which gives them the flexibility to meet customer demands.
The company’s manufacturing plant, located in Gujarat, is equipped with essential infrastructure like power, roads, and water supply. The facility has road connectivity, facilitating the smooth transportation of raw materials and finished goods.
The company has seen a consistent increase in revenue from operations. It increased from Rs 515.35 crore in FY22 to Rs 530.45 crore in FY23 to Rs 587.80 crore in FY24.
Aditya Ultra Steel Financials
*All values are in Rs. Cr
Application Details of Aditya Ultra Steel IPO
Apply as | Price band | Apply upto |
---|
Regular | ₹59 - 62 | ₹2 Lakh |
High Networth Individual | ₹59 - 62 | ₹2 - 5 Lakh |
For Aditya Ultra Steel IPO, eligible investors can apply as Regular.