Sensex
84,544.31 profit arw 1,359.51 (1.63%)
Nifty
25,790.95 profit arw 375.15 (1.48%)
Nasdaq
18,013.98 profit arw 440.68 (2.51%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


Shiv Aum Steels Ltd
Registered Office: 515 The Summit Business Bay, Opp Cinemax Western ExpressWay, Mumbai - 400093, Maharashtra
Phone: 91-22-23727249/23717160
Email: info@shivaumsteel.com
Website: www.shivaumsteels.com
Public Issue of 36,00,000 equity shares of Rs.10 each (equity shares) of Shiv Aum Steels Limited (sasl or the company) for cash at a price of Rs. 44 per equity share (including a share premium of Rs.34 per equity share) (the issue price), aggregating to Rs. 15.84 Crores (the issue), of which 1,92,000 equity shares of Rs.10 each at an issue price of Rs. 44 equity share aggregating to Rs.0.84 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 34,08,000 equity shares of Rs.10 each at an issue price of Rs.44 per equity shares aggregating to Rs.15 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.47% and 25.06%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs.10 and the issue price is 4.40 times of the face value. Minimum Application size of 3000 equity shares and Multiples of 3000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
19-Sep-2019 23-Sep-2019 ₹ 44.00 ₹ 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(₹)Cr. Lead Managers to the Issue
Project Cost 15.84 Aryaman Financial Services Ltd
Project Financed through Current Offer 15.84
Post Issue Equity Share Capital 13.60
Issue Price ₹44.00
Projects
Repayment of Loans
General Corporate Purpose
Promoted By
Sanjay Bansal
Ajay Bansal
Jatin Mehta
Listing At
NSE - SME
Registrar to the Issue
Skyline Financial Services Pvt

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18258.57 245.41(1.36%)