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Aditya Ultra Steel Limited

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.

drhp
₹59 - ₹6210.76x sub
Listed Price₹69.00
Listing Gain+11.29%
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
₹1,24,000
HNI2 lots / 4,000 shares
₹2,48,000

About 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

Swastika Investmart Limited

Registrar

Cameo Corporate Services Limited
+91-44-28460390
ipo@cameoindia.com
https://ipo.cameoindia.com/
View Registrar Details