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Open
19 Sep 2019
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Close
23 Sep 2019
3
Allotment
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Listing
Tue, Oct 1, 2019
Price Band
₹44 per share
Issue Size
36,00,000 shares (agg. up to ₹16 Cr)
Lot Size
3,000 Shares
Listing Date
Tue, Oct 1, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|
| Assets | 130.62 | 109.26 | 80.14 |
| Total Income | 377.29 | 277.89 | 249.00 |
| Profit After Tax | 5.72 | 5.46 | 2.93 |
| NET Worth | 46.63 | 40.90 | 35.44 |
| Reserves and Surplus | 36.63 | 30.91 | 25.45 |
| Total Borrowing | 76.87 | 63.14 | 39.83 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Earum Pharmaceuticals Ltd. | SME | ₹6.65 Cr | ₹36 | null | ₹36.05 | +0.14% | ₹0.19 (+0.00%) |
| Parshva Enterprises Ltd. | SME | ₹3.65 Cr | ₹45 | null | ₹46.00 | +2.22% | ₹173.90 (+4.07%) |
| White Organic Retail Ltd. | SME | ₹15.46 Cr | ₹63 | null | ₹64.30 | +2.06% | ₹7.20 (+3.45%) |
| Northern Spirits Ltd. | SME | ₹18.50 Cr | ₹43 | null | ₹43.10 | +0.23% | ₹133.00 (+2.98%) |
| Gleam Fabmat Ltd. | SME | ₹3.12 Cr | ₹10 | null | ₹8.55 | -14.50% | ₹22.00 (-4.80%) |
| Diksha Greens Ltd. | SME | ₹13.32 Cr | ₹30 | null | ₹35.90 | +19.67% | ₹1.10 (+1.85%) |
| Roni Households Ltd. | SME | ₹3.00 Cr | ₹20 | null | ₹20.50 | +2.50% | ₹39.90 (+5.00%) |
| Sun Retail Ltd. | SME | ₹10.12 Cr | ₹23 | null | ₹37.80 | +64.35% | ₹0.28 (+0.00%) |
| MSTC Ltd. | Mainboard | ₹211.04 Cr | ₹120 | null | ₹113.95 | -5.04% | ₹631.85 (-3.01%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Loans | 15.10 |
| 2 | General Corporate Purpose | 0.24 |
About Shiv Aum Steels IPO
Incorporated in 2002, Shiv Aum Steels Limited (SASL) is a trader, distributor, and stockist of mild steel (contains approximately 0.05-0.25% carbon) products. It is an authorized distributor of products from Jindal Steel & Power Limited (JSPL). SASL has entered into MoU with Rashtriya Ispat Nigam Limited (RINL) & Steel Authority of India (SAIL) to procure steel products. Besides this, the company procures the products of Vandana Ispat Limited, Monnet Ispat & Energy Limited and other manufacturers as well. Shiv Aum Steels deals with various steel products like Plates, T - Angles, C Channels, I - Beams, Coils, H - Beams, TMT Bars, Columns and Rails in all sizes based on customer's requirements. The company follows the indirect sales model where it plays a connecting role between steel manufacturers and end-users. Currently, SASL is focussing on domestic markets only and supplies the products to small steel processing units, infrastructure & real estate developers and large EPC companies. The godown of the company is situated in Panvel, Raigad district, Maharashtra. The estimated capacity of godowns is 10,000 - 12,000 tons for flat steel products and 7,000 - 8,000 tons for long steel
Contact Details
Shiv Aum Steels Ltd. Address515, The Summit Business BayOpp.Cinemax Western Express WayA.K.Road Andheri (East)Mumbai, Maharashtra, 400093+91 22 23727249 / 2371716info@shivaumsteels.comVisit Website