Open Date
Close Date
Listing Date
Max Investment
-
Price Range
₹-
Lot Size
-
IPO Size
₹650Cr
Exchange Symbols
Open Date
Close Date
Listing Date
Max Investment
Price Range
Lot Size
IPO Size
Exchange Symbols
One of the largest backward integrated steel products manufacturers in southern India with a wide product portfolio.
Business operations capitalizing on the strategic location advantage.
Widespread, well connected distribution network with a presence across multiple channels.
Well-positioned in an industry with high entry barriers to benefit from favorable trends; command in pricing of product with ability to control cost of manufacturing.
We have six manufacturing facilities of which five are located in Karnataka and one in Andhra Pradesh. Our manufacturing facilities are located at Gauribidanur, Bellary (2 units), Koppal, and Chikkantapur in Karnataka and Hindupur in Andhra Pradesh. Our manufacturing facilities are backward integrated plants where the iron ore journeys from processing to sponge iron production, and our dynamic processes transform iron ore into MS Billets and then into TMT bars, HR Coil, CR Coil, HR pipes, CR pipes and galvanized tubes and pipes. This backward integration allows us to have a strong control over the intermediate product supply and consequently maintain quality of our products and attain better margins.
: IPO Dates
The IPO opens for subscription on -, and closes on -. Investors will likely receive their allotment status updates on -. Those who get allotted shares can expect them credited to their Demat accounts by -. The shares will be officially listed on the stock exchange on -.
: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹None and ₹None per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹0.0 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on -, which is when the shares start trading on the exchange.
: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately ₹650Cr crore.
You will also get notified of your allotment via push notifications and email from Torus Digital.

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