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Aditya Ultra Steel IPO Captures Strong Market Interest, Ends with 10.22x Subscription on Day 3!

Aditya Ultra Steel IPO ends Day 3 with a 10.22x subscription rate, showing strong investor interest in its market debut and optimism about its future growth and business model.
Aditya Ultra Steel IPO Captures Strong Market Interest, Ends with 10.22x Subscription on Day 3!

Aditya Ultra Steel Limited IPO concluded Day 3 with a subscription rate of 10.22 times the offered shares, indicating robust interest from investors in the company’s market debut and a positive reception to its growth prospects and business model.

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Aditya Ultra Steel Limited IPO Subscription Status

Aditya Ultra Steel Limited IPO saw a solid response on Day 2, with the issue being subscribed 4.22 times. This strong demand reflects growing investor confidence in the company’s prospects, indicating robust interest from various investor categories in the steel sector.

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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