Bidding Dates
19 Dec 24 - 23 Dec 24
Price Range ₹
85 - 90
Total Equity
₹ 41.76Cr
Lot Size
1600
Exchange Status
NSE
IPO Doc
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
Offer start
19 Dec 2024
Offer end
23 Dec 2024
Allotment
24 Dec 2024
Refund initiation
26 Dec 2024
Demat transfer
26 Dec 2024
Listing
27 Dec 2024
Offer start
19 Dec 2024
Offer end
23 Dec 2024
Allotment
24 Dec 2024
Refund initiation
26 Dec 2024
Demat transfer
26 Dec 2024
Listing
27 Dec 2024
NewMalayalam Steel Limited, established in 2017, is a prominent manufacturer of galvanized pipes, tubes, and sheets. The company operates a modern manufacturing facility equipped with an electric resistance welding tube mill with a capacity of 3,500 MT, strategically located in Kerala. This strategic location, coupled with a strong focus on quality control and a well-established distribution network, has enabled NewMalayalam Steel to build a strong brand presence with its "Demac Steel" products. The company boasts a strong customer base, including key clients like Jaihind Steel Private Limited and Aashico Ventures LLP. Leveraging its experienced team and a commitment to quality, NewMalayalam Steel is well-positioned for continued growth in the market.
Year Founded
31-03-2017
Promotor Details
Mahendra Kumar Jain
Particular | Pre-IPO | Post-IPO |
---|---|---|
Percentage | 99.8 | 73.02 |
Share Capital | 12622600 | 12622600 |
46,40,000.00 Cr
Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
---|---|---|---|---|---|
2023 | 8,734.83 | 1,264.76 | 426.86 | 426.86 | 3.375 |
2024 | 11,208.19 | 1,264.76 | 426.86 | 426.86 | 3.375 |
2021 | 6,446.68 | 1,264.76 | 426.86 | 426.86 | 3.375 |
2022 | 9,001.66 | 1,264.76 | 673.06 | 673.06 | 5.3216 |