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Aditya Ultra Steel Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Aditya Ultra Steel Ltd IPO

Registered Office: Sy No.48 Wankarner Boudry,Bhalgam N.Highways 8-A Rajkot , Wankaner - 363621 , Gujarat , India.
Phone : +91 63575 85716   Fax:
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)62 per equity share (including share premium of (Rs)52 per equity share) for cash, aggregating up to (Rs)45.88 crores ("Public Issue") out of which 3,70,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)62 per equity share for cash, aggregating (Rs)2.29 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)62 per equity share for cash, aggregating upto (Rs)43.59 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.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-24 11-Sep-24 (Rs)62.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Swastika Investment Ltd
Project Financed through Current Offer 45.88  
Post Issue Equity Share Capital 24.84  
Issue Price (Rs)62.00  
 
Projects
Capital ExpenditureGeneral corporate purposes
To meet working capital requirements
Promoted By
Sunny Sunil Singhi  
Varun Manojkumar Jain  
Varun Jain  
Listing At
NSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd