Aditya Ultra Steel Limited

Aditya Ultra Steel Limited

listed
₹1.18LMin. investment
  1. Bid start
    9 Sep
  2. Bid end
    11 Sep
  3. Allotment
    11 Sep
  4. Release of funds
    13 Sep
  5. Demat transfer
    12 Sep
  6. Listing
    16 Sep

About Aditya Ultra Steel Limited

Price range₹59.00 – ₹62.00
IPO type
SME
Lot size2000 shares
Issue size₹45.88Cr
RHP/DRHP
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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:
  1. Capital Expenditure 
  2. To meet Working Capital requirements 
  3. General Corporate Purpose

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Aditya Ultra Steel Limited ?

The issue size of the Aditya Ultra Steel Limited is 45.88 Cr.

What is 'pre-apply' for Aditya Ultra Steel Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Aditya Ultra Steel Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.