| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹45.88 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹45.88 Cr |
| Fresh Issue | ₹43.59 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹59.00-62.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | AUSL |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Swastika Investmart Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Aditya Ultra Steel Limited, founded in 2011, manufactures rolled steel products, i.e. TMT bars, under the brand name "Kamdhenu".
The company manufactures TMT bars from billets in a reheating furnace and a rolling mill, mainly catering to the construction industry and infrastructure development. The company's manufacturing facility is located in Wankaner, Gujarat and has a production capacity of 1,08,000 MT for TMT bars.
As of April 30, 2024, the company employed a total of 149 full-time employees, including executives.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 15.35 |
| 2 | To Meet Working Capital Requirements | 15.00 |
| 3 | General Corporate Purpose | 11.46 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 147.52 | 97.35 | 91.57 |
| Total Income | 588.56 | 530.49 | 515.98 |
| Profit After Tax | 7.92 | 2.78 | 4.89 |
| NET Worth | 37.58 | 28.66 | 25.88 |
| Reserves and Surplus | 31.29 | 27.40 | 24.62 |
| Total Borrowing | 54.27 | 49.84 | 46.95 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 23.92% |
| ROCE | 18.75% |
| Debt / Equity | 1.44% |
| RoNW | 21.08% |
| PAT Margin | 1.35% |
| Price to Book Value | 2.83 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.54 | 3.19 |
| P/E (x) | 13.64 | 19.43 |
| Promoter Holding | 97.94% | 68.76% |
| Market Cap | ₹153.98 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees including Underwriting Commission | 0.20 |
| 2 | Legal Advisor to Issue | 0.04 |
| 3 | Fees Payable to Registrar to the Issue | 0.01 |
| 4 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.05 |
| 5 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.05 |
| 6 | Fees payable to Peer Review Auditor | 0.01 |
| 7 | Fees Payable to Market Maker (for Three Years) | 0.15 |
| 8 | Escrow Bank Fees | 0.01 |
| 9 | Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses.) | 3.55 |
Last Updated on 13-May-2026 10:31:50