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Newmalayalam Steel Limited is an Steel based company, located in Kerala, Newmalayalam Steel Limited IPO size was 41.76 Cr. and was issued at 90.00 per share. The share of Newmalayalam Steel Limited were listed at 85.50 per share and are currently trading at 49.50 per share.
*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.
Newmalayalam Steel operates in Steel and Manufactures Galvanised Pipes, Tubes, And Sheets.. The Issue is listed on NSE EMERGE in Dec, 2024. Newmalayalam Steel IPO size was 41.76 Cr. with Issue price of 90.00 .
Merchant Banker(s) of Newmalayalam Steel IPO: Khandwala Securities Limited
Newmalayalam Steel IPO subscription was 50.69 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.
Newmalayalam Steel IPO listed at a listing price of 85.50 against the offer price of 90.00.
The current market price of Newmalayalam Steel is 49.50.
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