247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Aditya Ultra Steel Limited IPO (Aditya Ultra Steel IPO) Details

Aditya Ultra Steel Limited is an Steel based company, located in Ahmedabad, Aditya Ultra Steel Limited IPO size was 45.88 Cr. and was issued at 62.00 per share. The share of Aditya Ultra Steel Limited were listed at 66.40 per share and are currently trading at 44.05 per share.

Type :
Sub Sector : Manufactures Rolled Steel Products
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
588.50 Cr.

PAT :
7.92 Cr.

Pricing Report

Issue Price :
62.00

Listing Price :
66.40

Current Market Price :
44.05

Issue Price vs CMP :
17.95 (28.95%)

listing Price vs CMP :
22.35 (33.66%)

Performance Report (CAGR* wise)

CAGR : -62.56
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Aditya Ultra Steel

Company Information
Aditya Ultra Steel Limited is engaged in the manufacturing of rolled steel products, specifically TMT bars under the Kamdhenu brand, primarily catering to the construction industry and infrastructure development. It manufactures TMT bars from billets through a reheating furnace and rolling mill. With a history of over 12 years in the TMT bar industry, the company designs and manufactures TMT bars, selling them on a B2B basis. Its customer base is mainly concentrated in the state of Gujarat. The manufacturing plant is located in Wankaner, Rajkot, Gujarat, and is equipped with testing laboratories, workers' accommodation, a canteen, and well-connected transport facilities.
In a short span, the company has established a strong presence in the steel industry, as evidenced by the growth in operational revenue from
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Object of Issue
  • To meet Capital Expenditure
  • To meet Working Capital Requirements
  • General Corporate Purposes
  • To meet the Public Issue Expenses

Aditya Ultra Steel SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2024
IPO Size :
45.88 Cr.
Market Cap :
153.98 Cr.   
IPO Subscription :
10.58 X     
PE Multiple :
19.43
IPO Registrar:
Cameo Corporate Services Limited
Anchor Investors:

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FAQs

Aditya Ultra Steel operates in Steel and Manufactures Rolled Steel Products. The Issue is listed on NSE EMERGE in Sep, 2024. Aditya Ultra Steel IPO size was 45.88 Cr. with Issue price of 62.00 .

Aditya Ultra Steel IPO subscription was 10.58 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Aditya Ultra Steel IPO listed at a listing price of 66.40 against the offer price of 62.00.

The current market price of Aditya Ultra Steel is 44.05.

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