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Open
13 Mar 2006
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Close
17 Mar 2006
3
Allotment
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Listing
Wed, Apr 5, 2006
Price Band
₹37 to ₹42
Issue Size
2,70,27,027 shares (agg. up to ₹100 Cr)
Listing Date
Wed, Apr 5, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.39x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|---|
| Assets | 452.67 | 203.09 | 67.39 | 18.19 | 1.12 |
| Total Income | 240.45 | 130.35 | 35.75 | 0.00 | 0.00 |
| Profit After Tax | 16.81 | 7.10 | 4.11 | 0.00 | 0.00 |
| NET Worth | 117.53 | 77.49 | 27.14 | 9.74 | 1.11 |
| Reserves and Surplus | 53.41 | 18.00 | 4.12 | 8.56 | 0.98 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vikash Metal & Power Ltd. | Mainboard | ₹37.81 Cr | ₹20 | null | ₹12.76 | -36.20% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To expand and forward integrate the operations of the Company by setting up the following units, collectively referred to as Unit III | |
| Total | 0.00 |
About Adhunik Metaliks IPO
Adhunik Metaliks Limited is a manufacturing entity specializing in alloy, special, and construction steels. The corporation is involved in the production and marketing of both alloy and non-alloy steel products. Its business segments include Iron and Steel, as well as Mining and Power. The company participates in the mining and power industries through its subsidiaries. It manufactures alloy steel, ferro alloys, iron billets, and rolled products at its manufacturing facility located in Odisha. Furthermore, via its subsidiary, Orissa Manganese & Minerals Limited (OMML), the company operates the Ghatkuri Iron Ore Mine in Jharkhand, along with the Patmunda and Orahuri Manganese Mines in Odisha. OMML also runs an iron ore pellet plant at Kandra, Jharkhand. The organization supplies various sectors, including automotive, telecommunications, power generation, railway, engineering, oil and gas, and construction industries. Its additional subsidiaries encompass Orchid Global Resources Pte. Limited and Global Commodity & Resources Limited.+ Read More
Contact Details
Adhunik Metaliks Ltd. Address14, N.S.Road2nd FloorKolkata, West Bengal, 700001+91 33 22434355info@adhunikgroup.comVisit Website