Issue Price
₹62
Per Share
GMP
NIL
Grey Market
Est. Listing
₹62
Expected Price
Min. Application
₹248,000
2 lots × 2000 shares
Aditya Ultra Steel Limited, founded in 2011, manufactures rolled steel products, i.e. TMT bars, under the brand name "Kamdhenu".The company manufactures TMT bars from billets in a reheating furnace and a rolling mill, mainly catering to the construction industry and infrastructure development. The company's manufacturing facility is located in Wankaner, Gujarat and has a production capacity of 1,08,000 MT for TMT bars.As of April 30, 2024, the company employed a total of 149 full-time employees, including executives.
Aditya Ultra Steel Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 370,000 | — | ₹2.29 Cr | — |
| TOTAL | 7,400,000 | 100.00% | ₹45.88 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹124,000 |
| Retail (Max) | 13 | 26,000 | ₹1,612,000 |
| sNII (Min) | 14 | 28,000 | ₹1,736,000 |
| bNII (Min) | 68 | 136,000 | ₹8,432,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 58856.29 | 53048.91 | 51598.34 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 792.34 | 277.66 | 488.90 |
| Net Worth | 3758.21 | 2865.86 | 2588.20 |
| Total Assets | 14752.33 | 9734.65 | 9156.62 |
| Reserves & Surplus | 3128.60 | 2739.81 | 2462.15 |
| Total Borrowings | 5427.07 | 4984.14 | 4695.12 |