IPO Details

Aditya Ultra Steel Ltd
Registered Office: Sy No.48 Wankarner Boudry,Bhalgam N.Highways 8-A Rajkot,Wankaner-363621, Gujarat
Tel. No: +91 63575 85716
Fax No:
Email: cs@aditya-ultra-steel.com
Website: www.aditya-ultra-steel.com
Initial public offer of 74,00,000 equity shares of face value of Rs. 10 each (the "Equity Shares") of Aditya Ultra Steel Limited ("The Company" or "The Issuer") at an issue price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 3,70,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 70,30,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 29.80 % and 28.31 % respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 59 to Rs. 62 per equity share of face value of Rs. 10 each. The Floor Price is 5.9 times of the face value and the Cap Price is 6.20 times of the face value of the equity shares. Bid cane be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-2024 11-Sep-2024 ₹59.00 - 62.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Swastika Investment Ltd
Project Financed through Current Offer 43.66
Post Issue Equity Share Capital 24.84
Issue Price 59.00
Projects
Capital Expenditure
To meet working capital requirements
General corporate purposes
Promoted By
Sunny Sunil Singhi
Varun Manojkumar Jain
Varun Jain
Listing At
NSE - SME
Registrar To The Issue
Cameo Corporate Services Ltd