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Aditya Ultra Steel Limited IPO Subscribed 1.93x on Launch Day

Aditya Ultra Steel's IPO saw strong Day 1 demand, subscribed 1.93 times, indicating significant investor interest and a promising start in the competitive steel sector.
Aditya Ultra Steel Limited IPO Subscribed 1.93x on Launch Day

Aditya Ultra Steel Limited IPO garnered considerable attention on Day 1, with the issue being subscribed 1.93 times. This reflects a strong investor interest, marking a positive start for the company’s public offering in a competitive steel industry landscape.

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How to check Aditya Ultra Steel IPO Subscription Status?

Steps to check Aditya Ultra Steel Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Aditya Ultra Steel Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Aditya Ultra Steel Limited IPO Allotment Status

The allotment date for the Aditya Ultra Steel Limited IPO is set for September 12, with shares priced from ₹59 to ₹62 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples.

Aditya Ultra Steel Limited IPO Listing Date 

Aditya Ultra Steel Limited IPO is expected to be listed on the NSE SME on September 16, 2024.

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