Aditya Ultra Steel Limited

About Aditya Ultra Steel Limited  Aditya Ultra Steel Limited, established over 12 years ago, specializes in the production of high-quality TMT (Thermo Mechanically Treated) bars under the renowned Kamdhenu brand. Catering primarily to the construction and infrastructure sectors, the company manufactures these rolled steel products using advanced techniques involving reheating furnaces and rolling mills. With a strong focus on the Gujarat market, Aditya Ultra Steel Limited has built a reputation for excellence in the TMT bar industry, driven by its commitment to quality and customer satisfaction.  The company's manufacturing facility is strategically located in Wankaner, Rajkot, Gujarat. This state-of-the-art plant is equipped with comprehensive testing laboratories, workers' accommodation, a canteen, and efficient transport links, ensuring both operational efficiency and employee well-being. Aditya Ultra Steel Limited operates under a retail license agreement for the Kamdhenu brand, specifically serving the Kutch and Saurashtra regions. The facility's ability to produce TMT bars in various sizes and grades meets the diverse needs of its clients and upholds the high standards associated with the Kamdhenu name.  To manage its extensive distribution network, the company relies on a robust system involving 73 dealers across Gujarat. Orders are placed on a daily or weekly basis depending on dealer requirements, and the company maintains a strategic inventory level to support uninterrupted manufacturing and delivery processes. By placing daily orders for raw materials based on sales and customer demand, Aditya Ultra Steel Limited ensures a smooth operational flow and continues to deliver quality products to its clientele. This dynamic approach to inventory and production underscores the company's commitment to maintaining a steady supply of premium TMT bars in a competitive market.  Aditya Ultra Steel Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:   Capital Expenditure  To meet Working Capital requirements  General Corporate Purpose