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Aditya Ultra Steel Ltd IPO

₹1,24,000

/ 2,000
Cutoff - Lot Size
Aditya Ultra Steel Ltd IPO
Steel

Mainboard|

₹1,24,000

/ 2,000

Cutoff - Lot Size

Open Date

09 Sep 2024

Close Date

11 Sep 2024

Listing Date

16 Sep 2024

Max Investment

₹1,24,000

Price Range

₹62 - ₹62

Lot Size

2000

IPO Size

₹45.88Cr

Exchange Symbols

NSE - N/A, BSE - N/A

IPO Dates and Timelines

09 Sep 2024 Open date
11 Sep 2024 Close Date
12 Sep 2024 Basis of
Allotment Date
13 Sep 2024 Initiation of
Refund
13 Sep 2024 Credit of
Shares
16 Sep 2024 Listing Date
09 Sep 2024
Open date
11 Sep 2024
Close Date
12 Sep 2024
Basis of
Allotment Date
13 Sep 2024
Initiation of
Refund
13 Sep 2024
Credit of
Shares
16 Sep 2024
Listing Date

IPO Size

IPO Reservation

Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
21,06,000
-
QIB Shares Offered
35,12,000
50.0%
NII (HNI) Shares Offered
10,56,000
15.0%
Retails Shares Offered
24,62,000
35.0%
Total Shares Offered
74,00,000
-
Total Shares with Anchor Investor
56,18,000
100%

IPO Lot Size

Applications
Lot
Shares
Amount
Retail (Min)
1
2000
₹1,24,000
Retail (Max)
1
2000
₹1,24,000
S-HNI (Min)
2
4000
₹2,48,000
S-HNI (Max)
8
16000
₹9,92,000
B-HNI (Min)
9
18000
₹11,16,000

IPO Shareholding Pattern

Category
Pre-Issue
Post-issue
Promoter Group
97.94%
68.76%
Public Group
2.06%
31.24%

IPO Financials

Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital

IPO Peers

Peer Name
P/E(x)
RoNW%

IPO Strengths & Risks

Strength

Torus

Risks

Torus

TorusQualified and experienced management team.

TorusSkilled and dedicated manpower.

TorusStrategically located Manufacturing Plant.

TorusExisting customer relationship.

IPO Registrars

Cameo Corporate Services Ltd

Phone Number:
91-44-28462700
Website:
www.cameoindia.com

Limited

The Company is engaged in the business of manufacturing rolled steel product i.e. TMT bars under the Kamdhenu brand catering mainly to the construction industry and for infrastructure development. The Company manufactures TMT bars from billets through reheating furnace and rolling mill. The Company has a history of more than twelve 12 years in manufacturing of TMT bars industry. It designs and manufactures TMT bars and sell it on B2B Basis. Its customer base in mainly spread across the State of Gujarat and also to certain customers in the State of Madhya Pradesh, State of Punjab & Haryana, State of Rajasthan, State of Uttar Pradesh and State of Maharashtra. The Company has its manufacturing plant located in Survey No-48, Wankarner Boudry, Bhalgam, National Highway 8-A, Wankaner, Rajkot, Wankaner, Gujarat-363621, India which is equipped with testing laboratories, workers' accommodation, canteen and well-connected transport facilities.

Contact Details
IPO Company Name:
Limited
Phone Number:
+91 63575 85716
Website:
www.aditya-ultra-steel.com
Address:
Wankaner, Gujarat

IPO Overview

: IPO Dates
The IPO opens for subscription on 09 Sep 2024, and closes on 11 Sep 2024. Investors will likely receive their allotment status updates on 12 Sep 2024. Those who get allotted shares can expect them credited to their Demat accounts by 13 Sep 2024. The shares will be officially listed on the stock exchange on 16 Sep 2024.

: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹62.0 and ₹62.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹45.88 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on 16 Sep 2024, 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 - crore.

How to Apply for IPO Online?

  1. 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
  2. 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
  3. 3. Select IPO: Choose it from the list of available IPOs.
  4. 4. Enter Lot Quantity: Input how many lots you want to apply for.
  5. 5. Provide UPI ID: Submit your UPI ID for payment.
  6. 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.

How to Check IPO Allotment Status for ?

  1. 1. Open the Torus Digital app and log in.
  2. 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
  3. 3. Choose the IPO application.
  4. 4. View your allotment status.

You will also get notified of your allotment via push notifications and email from Torus Digital.

FAQ’s

What is the open date of IPO?

  • The opening date of IPO is 09 Sep 2024.

What is the close date of IPO?

  • The closing date of IPO is 11 Sep 2024.

What is the issue size of IPO?

  • The issue size of IPO is Rs Cr.

What is the lot size of IPO?

  • The size per lot of IPO is 2000.0.

How to apply for IPO?

  • To apply for IPO:

  • Navigate to the IPO section of mobile app/website

  • Click on Current IPO

  • Click on IPO

  • Enter Lot Quantity

  • Enter Valid UPI ID

  • Click on apply

  • Your application will be processed once the transaction is completed successfully.

What is the allotment date of IPO?

  • The Allotment Date of IPO is 12 Sep 2024.

What is the listing date of IPO?

  • IPO will get listed on .

Who is the registrar of IPO?

  • The registrar of IPO is Cameo Corporate Services Ltd.

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