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NMSTEELSME / NSEListed

Newmalayalam Steel Limited

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 Price90.00
Listing Gain+0.00%
Subscription50.74x total demandUpdated 14 Nov 2025, 11:39 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