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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Aditya Ultra Steel Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹62
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,24,000
Issue Size
₹45.88 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
97.94%
Promoter Holding (Post-Issue)
68.76%
Issue Type
Book Building - SME
ISIN
INE01YQ01013
The Company is engaged in the business of manufacturing rolled steel product i.e. TMT bars under the Kamdhenu brand catering mainly to the construction industry and for infrastructure development. The Company manufactures TMT bars from billets through reheating furnace and rolling mill. The Company has a history of more than twelve 12 years in manufacturing of TMT bars industry. It designs and manufactures TMT bars and sell it on B2B Basis. Its customer base in mainly spread across the State of Gujarat and also to certain customers in the State of Madhya Pradesh, State of Punjab & Haryana, State of Rajasthan, State of Uttar Pradesh and State of Maharashtra. The Company has its manufacturing plant located in Survey No-48, Wankarner Boudry, Bhalgam, National Highway 8-A, Wankaner, Rajkot, Wankaner, Gujarat-363621, India which is equipped with testing laboratories, workers' accommodation, canteen and well-connected transport facilities.
The TMT bar market in India is on a growth trajectory, driven by the expanding construction and infrastructure sector. India ranks seventh globally as a producer of crude steel, with the iron and steel sector contributing significantly to the country's socio-economic development. The TMT bar market is expected to grow at a CAGR of 4.34% between 2022 and 2027, reaching a market size of USD 84.39 billion. The market is driven by the benefits of TMT steel bars over other steel bars, the expanding global industry, and the rising need for steel. TMT bars are known for their exceptional ductility, strength, weldability, and corrosion resistance, making them suitable for a wide range of construction applications. They are available in various grades such as Fe-415, Fe-500, Fe-550, and Fe 500D, and in diameters ranging from 8 to 40 millimeters. The market is influenced by factors such as infrastructure development, construction activities, and government policies.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
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.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Aditya Ultra Steel Limited was incorporated as a private limited company in the name and style of `Aditya Ultra Steel Private Limited' on July 27, 2011 with the Registrar of Companies, Gujarat, Dadra and Nagar Haveli under the provisions of the Companies Act, 1956. Subsequently, the Company was converted into a public limited company and the name of the Company was changed from `Aditya Ultra Steel Private Limited' to `Aditya Ultra Steel Limited' and a fresh certificate of incorporation was issued on July 26, 2018 by the Registrar of Companies, Gujarat, Ahmedabad. The Corporate Identification Number of the Company is U27100GJ2011PLC066552.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.