URL copied to clipboard

Trending News

Newmalayalam Steel IPO Day 2: Newmalayalam Steel’s shares get subscribed 5.45x times on day 2

Newmalayalam Steel IPO sees strong demand on Day 2, with a 5.45x subscription, reflecting positive market interest and investor confidence in the company’s growth potential and prospects.
Newmalayalam Steel IPO Day 2: Newmalayalam Steel’s shares get subscribed 5.45x times on day 2
Newmalayalam Steel IPO Day 2: Newmalayalam Steel’s shares get subscribed 5.45x times on day 2

Newmalayalam Steel Limited IPO saw a robust 5.45x subscription on Day 2, reflecting strong demand, positive market sentiment, and investor trust in the company’s growth potential. This encouraging response highlights optimism about the company’s long-term prospects and promising future.

Alice Blue Image

Also Read: Stock Market Holiday 2025 – List Of NSE Trading Holiday 2025

Newmalayalam Steel Limited IPO Subscription Status

Newmalayalam Steel IPO opened with a solid 2.20x subscription on Day 1, indicating strong demand, favorable market sentiment, and investor confidence in the company’s growth prospects and future potential.

How to check Newmalayalam Steel IPO Subscription Status?

Steps to check Newmalayalam 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 ‘Newmalayalam 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. 

Newmalayalam Steel Limited IPO Allotment Status

The allotment date for the Newmalayalam Steel Limited IPO is set for December 24, with shares priced from ₹85 to ₹90 per share and a face value of ₹10. The offering consists of lots of 1600 shares, with bids accepted for these lots or their multiples.

Alice Blue Image

Newmalayalam Steel Limited IPO Listing Date 

Newmalayalam Steel Limited IPO is expected to be listed on the NSE SME on December 27, 2024.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

Loading
Read More News
 शीर्ष प्रदर्शन : Reddy's Laboratories और अन्य 5 स्टॉक्स जिन्होंने इस सप्ताह शानदार प्रदर्शन किया।

 शीर्ष प्रदर्शन : Reddy’s Laboratories और अन्य 5 स्टॉक्स जिन्होंने इस सप्ताह शानदार प्रदर्शन किया।

दिसंबर 2024 के भारत के शीर्ष प्रदर्शन करने वाले स्टॉक्स की जानकारी प्राप्त करें। उच्च-विकास वाले शेयरों पर इनसाइट्स, स्मार्ट