Stay updated with the latest on Aditya Ultra Steel IPO GMP (Grey Market Premium). We provide live data and key information to help you make informed investment decisions.
Aditya Ultra Steel IPO Overview
- IPO Open Date: September 09, 2024
- IPO Close Date: September 11, 2024
- Price Band: ₹59 to ₹62 Per Share
- Issue Size: ₹45.88 Crores
- Listing Date: September 16, 2024
- Lot Size: 2000 Shares
Aditya Ultra Steel IPO GMP Live Rates
| Dates | IPO GMP |
|---|---|
| September 16, 2024 | ₹- |
| September 15, 2024 | ₹- |
| September 14, 2024 | ₹- |
| September 13, 2024 | ₹- |
| September 12, 2024 | ₹- |
| September 11, 2024 | ₹- |
| September 10, 2024 | ₹- |
| September 09, 2024 | ₹- |
| September 08, 2024 | ₹- |
| September 07, 2024 | ₹- |
| September 06, 2024 | ₹- |
| September 05, 2024 | ₹- |
| September 04, 2024 | ₹- |
| September 03, 2024 | ₹- |
| September 02, 2024 | ₹ - |
IPO Timeline
| Events | Date |
|---|---|
| IPO Open Date | September 9, 2024 |
| IPO Close Date | September 11, 2024 |
| Basis of Allotment | September 12, 2024 |
| Refunds | September 13, 2024 |
| Credit to Demat Account | September 13, 2024 |
| IPO Listing Date | September 16, 2024 |
About Aditya Ultra Steel
Aditya Ultra Steel Limited, established in 2011, specializes in manufacturing rolled steel products, particularly TMT bars under the brand name “Kamdhenu.” Specifically, the company produces TMT bars from billets using a reheating furnace and rolling mill, primarily catering to the construction and infrastructure sectors. Its manufacturing facility, located in Wankaner, Gujarat, boasts a production capacity of 108,000 MT for TMT bars.
Additionally, Aditya Ultra Steel Ltd transitioned to a public limited company in 2018, supported by a team of experienced entrepreneurs with over 17 years in the steel industry. The TMT manufacturing plant, situated on 17 acres in Bhalgam, Rajkot District, produces TMT bars in sizes ranging from 8 mm to 32 mm. As of April 30, 2024, the company employs 149 full-time staff members, including executives.
Furthermore, The company reported revenue of ₹588.56 crores in 2024 against ₹530.49 crores in 2023. The company reported a profit of ₹7.92 crores in 2024 against a profit of ₹2.78 crores in 2023. As per the financials, the IPO investors should apply for the IPO for the long term.
Disclaimer
- The Grey Market Premium (GMP) mentioned for (Aditya Ultra Steel IPO GMP) is applicable only for the specific date provided.
- We do not engage in the buying or selling of IPO forms on the grey market.
- Please do not base your IPO subscription decision solely on the premium price, as it may fluctuate. Always consider the company’s fundamentals before investing.
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