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Aditya Ultra Steel Ltd

Aditya Ultra Steel Ltd

    Registered Office : Sy No.48 Wankarner Boudry,Bhalgam N.Highways 8-A Rajkot,Wankaner Gujarat 363621 Phone : +91 63575 85716
    Fax :

    Email : cs@aditya-ultra-steel.com

    Website : www.aditya-ultra-steel.com

Initial public offer of 74,00,000 equity shares of face value of Rs. 10 each (the "Equity Shares") of Aditya Ultra Steel Limited ("The Company" or "The Issuer") at an issue price of Rs. 62 per equity share (including share premium of Rs. 52 per equity share) for cash, aggregating up to Rs. 45.88 crores ("Public Issue") out of which 3,70,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 62 per equity share for cash, aggregating Rs. 2.29 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 70,30,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 62 per equity share for cash, aggregating upto Rs. 43.59 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 29.80 % and 28.31 % respectively of the post-issue paid-up equity share capital of the company.

Issue

Opens On

Closes On

09-Sep-2024

11-Sep-2024

Money Payable On

Application

Allotment

62.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

45.88

24.84

62.00

Swastika Investment Ltd

Projects
  • Capital Expenditure
  • To meet working capital requirements
  • General corporate purposes
Promoted By
  • Sunny Sunil Singhi
  • Varun Manojkumar Jain
  • Varun Jain
Listing At
  • NSE - SME
Registrar to the Issue
  • Cameo Corporate Services Ltd