Aditya Ultra Steel Limited

  • Minimum Investment
    ₹1,18,000
  • Price Range
    ₹59 - ₹62
  • Issue Size
    ₹45.88 Cr
  • Lot Size
    2000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Capital expenditure.

To meet working capital requirements.

General corporate purposes.

To meet public issue expenses.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Aditya Ultra Steel Limited

Strategically located Manufacturing Plant

The company’s manufacturing plant is located in Rajkot, Gujarat. Its good road connectivity facilitates the smooth movement of raw materials and finished goods, easing procurement from suppliers and distribution to dealers across Gujarat

Customer Relationship

The company has shown the ability to grow, adapt, and integrate based on customer needs. It plans to leverage existing customer relationships to boost repeat business, increase wallet share, and become a key vendor for specific products

Company Owned Vehicle

The company benefits from owning a fleet of vehicles, providing greater flexibility and responsiveness to customer demands. This ownership allows the company to manage urgent orders, adapt to production changes, and handle unforeseen logistical issues, ensuring timely fulfillment of customer requirements

Dependent on Kamdhenu Brand

The company's reputation and market perception are closely linked to the Kamdhenu brand, making it susceptible to any negative publicity, quality issues, or controversies related to the brand

Few Suppliers

The company relies on a few key suppliers for its products. For FY24, the top ten suppliers accounted for 70.91% of total purchases. Losing any of these major suppliers could impact business operations

Electricity or Water Shoratge

The company's manufacturing operations depend heavily on a continuous supply of electricity and water. Any shortage or disruption in these resources may negatively impact operations

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Aditya Ultra Steel Limited

Aditya Ultra Steel was incorporated on July 27, 2011. The company manufactures rolled steel products, specifically TMT bars under the 'Kamdhenu' brand, primarily for the construction and infrastructure sectors.
  • Promoter
    Sunny Sunil Singhi
  • Promoter
    Varun Manojkumar Jain
  • Promoter
    Varuna Jain

Aditya Ultra Steel Limited IPO FAQs

What is Aditya Ultra Steel Limited IPO?

Aditya Ultra Steel Limited IPO refers to the initial public offering of shares by Aditya Ultra Steel Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Aditya Ultra Steel Limited IPO?

For Aditya Ultra Steel Limited IPO the issue size is ₹46 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Aditya Ultra Steel Limited IPO?

For Aditya Ultra Steel Limited IPO the minimum investment is ₹1,18,000. The minimum investment for Aditya Ultra Steel Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Aditya Ultra Steel Limited IPO?

For Aditya Ultra Steel Limited IPO the lot size is 2000 shares. The lot size of Aditya Ultra Steel Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Aditya Ultra Steel Limited IPO on Share.Market?

To apply for Aditya Ultra Steel Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Aditya Ultra Steel Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Aditya Ultra Steel Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Aditya Ultra Steel Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Aditya Ultra Steel Limited IPO?

For Aditya Ultra Steel Limited IPO the allotment date is September 12, 2024. The allotment date of Aditya Ultra Steel Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Aditya Ultra Steel Limited IPO?

For Aditya Ultra Steel Limited IPO, the subscription opens on September 9, 2024 and closes on September 11, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
10.01x Oversubscribed