Listed Price₹69.00
Listing Gain+11.29%
Price Band₹59 - ₹62
Lot Size2,000 shares
Min Bid₹1,24,000
Subscription10.76x
Listed Market Snapshot
₹69.00Listed price from market data
+11.29%listing gain
Issue Amount
₹45.88 Cr
Listed Price
₹69.00
Current Price
₹20
Registrar
Cameo Corporate Services Limited
Timeline•Bookbuilding IPO
Open09 Sep 2024
Close11 Sep 2024
Allotment12 Sep 2024
Listing16 Sep 2024
Quota Reservation Portions
QIBPortion: 35,12,000 shares
49.96%HNIPortion: 10,56,000 shares
15.02%RetailPortion: 24,62,000 shares
35.02%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,24,000HNI2 lots / 4,000 shares
₹2,48,000About the Company
Aditya Ultra Steel Limited is a leading steel manufacturer, founded in 2011, known for producing TMT bars under the brand name "Kamdhenu". The company’s modern manufacturing plant is based in Wankaner, Gujarat, with a strong production capacity of 1,08,000 MT per year. Using advanced technology like reheating furnaces and rolling mills, the company supplies high-quality steel products mainly to the construction and infrastructure sectors. As of April 30, 2024, the company has a team of 149 employees, including skilled executives, who play a key role in its growth and success.
Company Promoters
Mr. Varun Manojkumar JainMrs. Varuna Varun Jain
Lead Managers
Registrar
Cameo Corporate Services Limited