IPO Details, Price, Market Lot

Aditya Ultra Steel SME IPO Details
IPO Open Date 9 September 2024
IPO Close Date 11 September 2024
IPO Issue Size 7,400,000 Shares (Aggregating up to ₹45.88 Cr)
Fresh Issue 7,400,000 Shares (Aggregating up to ₹45.88 Cr)
Offer for Sale NIL
Retail Portion Not less than 35% of the offer
NII Portion Not less than 15% of the offer
QIB Portion Not more than 50% of the offer
Listing At NSE SME
Aditya Ultra Steel SME IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹59 to ₹62 Per Share
Employee Discount
IPO Issue Type Book Built Issue
Aditya Ultra Steel SME IPO Market Lot For Retail Investor
No. of Shares Per Lot 2000 Shares
Minimum Lot Size 1 Lot (2000 Shares)
Minimum Amount (Cut-off price) ₹1,24,000
Maximum Lot Size 1 Lot (2000 Shares)
Maximum Amount (Cut-off price) ₹1,24,000
Aditya Ultra Steel SME IPO Market Lot For HNI
No. of Shares Per Lot 2000 Shares
Minimum Lot Size 2 Lots (4000 Shares)
Minimum Amount (Cut-off price) ₹2,48,000

IPO Date, Listing Date, Allotment Date

Aditya Ultra Steel SME IPO Time Table (Tentative)
IPO Open Date 9 September 2024
IPO Close Date 11 September 2024
Basis of Allotment Date 12 September 2024
Initiation of Refunds 13 September 2024
Credit of Share to Demat Account 13 September 2024
IPO Listing Date 16 September 2024

Aditya Ultra Steel Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
Borrowings
(₹ in Lakh)
31 March 2024 14,752.33 58,856.29 792.34 3,758.21 5,427.07
31 March 2023 9,734.65 53,048.91 277.66 2,865.86 4,984.14
31 March 2022 9,156.62 51,598.34 488.90 2,588.20 4,695.12
Period Ended 31 March 2024 31 March 2023 31 March 2022
Assets 14,752.33 9,734.65 9,156.62
Revenue 58,856.29 53,048.91 51,598.34
P A T 792.34 277.66 488.90
Net Worth 3,758.21 2,865.86 2,588.20
Borrowings 5,427.07 4,984.14 4,695.12
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Mr Varun Manojkumar Jain and Mrs Varuna Varun Jain are the company’s promoters.

Pre Issue Promotor Holding 97.94%
Post Issue Promotor Holding 68.76%

Company Address

Registered Office: Survey No-48, Wankarner Boudry, Bhalgam, National Highway 8-A, Wankaner, Rajkot, Wankaner, Gujarat-363621, India

  • Email: cs@aditya-ultra-steel.com
  • Phone: +916357585716
  • Website: www.aditya-ultra-steel.com 

IPO Registrar, Lead Manager, Prospectus

Aditya Ultra Steel SME IPO Prospectus
Aditya Ultra Steel SME IPO Registrar
CAMEO CORPORATE SERVICES LIMITED
Aditya Ultra Steel SME IPO Lead Manager
Swastika Investmart Limited

Objects of the Issue

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. Capital Expenditure.
  2. To Meet Working Capital Requirements.
  3. General Corporate Purposes.
  4. To meet Public Issue Expenses.