IPO Trending
NMSTEELSME / NSEListed
Newmalayalam Steel

NewMalayalam Steel Limited, incorporated in 2017, specializes in manufacturing galvanized pipes, tubes, and sheets, operating an electric resistance welding (ERW) tube mill with an installed capacity of 3,500 MT at its manufacturing unit in Kerala, India. The company markets its products under the brand name "Demac Steel," leveraging its strong reputation to build significant brand equity. Its clientele includes prominent firms such as Jaihind Steel Private Limited, Aashico Ventures LLP, and George Infra Private Limited. The company began operations by taking over the entire business of M/s Demac Steel, including all assets and liabilities, on a going concern basis, ensuring continuity and growth under its current structure.

₹85 - ₹9050.74x sub
Listed Price₹90.00
Listing Gain+0.00%

Subscription Status

50.74xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB1.26x
Fully Subscribed (Safe)Offered: 4,41,600 sh
Nib24.74x
Hot Bidding (High Profits)Offered: 19,80,800 sh
Retail87.71x
🔥 Blockbuster Sizzling Demand!Offered: 19,84,000 sh
CategoryOfferedAppliedTimes
QIB4,41,6005,58,4001.26x
Nib19,80,8004,90,14,40024.74x
Retail19,84,00017,40,12,80087.71x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB5.033.971.27x
Retail1,566.1217.8687.69x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
QIB012Open
Nib08,591Open
Retail01,08,758Open
Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

About Newmalayalam Steel IPO Subscription Demand

Live subscription status and bidding analysis for Newmalayalam Steel (NMSTEEL) IPO. The issue is subscribed 50.74x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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