Shiv Aum Steels Limited IPO
NSE SME₹ 264000 /6000 Shares
*Min Investment
19 Sep, 2019
Open Date23 Sep, 2019
Close Date27 Sep, 2019
Allotment Date01 Oct, 2019
Listing DateIPO Issue Details
- Issue Price Rs 44/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 36,00,000 Equity Shares of Rs 10/- at a price of Rs 44/- per share aggregating to Rs 15.84 Cr
- Listing at NSE SME
- Lead Manager Aryaman Financial Services Limited
- Registrar Skyline Financial Services Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Shiv Aum Steels Limited IPO is an SME IPO, priced at Rs 44/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 19, 2019 to Sep 23, 2019. The allotment is expected to be finalized on Sep 27, 2019, and the tentative listing date is Oct 1, 2019.
The registrar of the IPO is Skyline Financial Services Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 17,04,000 | 17,04,000 | 34,08,000 |
Day 1 - 19-09-19 | 26,37,000 1.55 x | 51,000 0.03 x | 26,88,000 0.79 x |
Day 2 - 20-09-19 | 34,20,000 2.01 x | 1,86,000 0.11 x | 36,06,000 1.06 x |
Day 3 - 23-09-19 | 38,46,000 2.26 x | 7,29,000 0.43 x | 45,75,000 1.34 x |
Valuations
IPO - Issue Objectives
Repayment of Loans ( Rs 15.10 Cr )
General Corporate Purpose ( Rs 0.24 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Shiv Aum Steels Limited | 0.96 | 10.45 | 12.28% | 377.29 |
| SRU Steels Limited | 1.08 | 50.94 | 2.10% | 33.62 |
IPO - FAQs
Ans. Shiv Aum Steels Limited IPO is a SME IPO. The issue is priced at Rs 44/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Sep 19, 2019, and closes on Sep 23, 2019. Skyline Financial Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Shiv Aum Steels Limited IPO opens on Sep 19, 2019 and closes on Sep 23, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shiv Aum Steels Limited IPO is Fresh issue of 36,00,000 Equity Shares of Rs 10/- at a price of Rs 44/- per share aggregating to Rs 15.84 Cr.
Ans. The Shiv Aum Steels Limited IPO price band is set between Rs 44/- Per Equity Share .
Ans. To apply for Shiv Aum Steels Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shiv Aum Steels Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shiv Aum Steels Limited IPO is Sep 27, 2019.
Ans. The Shiv Aum Steels Limited IPO will be listed on Oct 1, 2019.
Ans. Follow the steps to check the Shiv Aum Steels Limited IPO allotment status online.
