New Malayalam Steel Ipo
Objects of the Issue
IT / Technological Upgradation of existing manufacturing facility
Expansion of the existing solar facility for power generation
Funding of expenditure towards civil construction of new factory shed cum storage facility within theexisting factory premises situated at Kerala.
Advertising, Marketing and Brand Building
Funding incremental working capital requirements of our Company
Issue related expenses
General Corporate purposes(Collectively, referred to herein as the ―Objects)
New Malayalam Steel IPO Review
IPO Watch – May Apply
Canara Bank –
DRChoksey FinServ –
Emkay Global –
Hem Securities –
IDBI Capital –
Marwadi Shares –
Nirmal Bang –
SBICAP Securities –
Sharekhan –
SMC Global –
Sushil Finance –
Swastika Investmart –
Ventura Securities –
Geojit –
Reliance Securities –
Capital Market –
BP Wealth –
ICICIdirect –
Choice Broking –
IPO Lead Managers aka Merchant Bankers
Khandwala Securities Limited
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1,600 | ₹1,44,000 |
Retail Maximum | 1 | 1,600 | ₹1,44,000 |
S-HNI Minimum | 2 | 3,200 | ₹2,88,000 |
IPO Open Date: | December 19, 2024 |
IPO Close Date: | December 23, 2024 |
Basis of Allotment: | December 24, 2024 |
Refunds: | December 26, 2024 |
Credit to Demat Account: | December 26, 2024 |
IPO Listing Date: | December 27, 2024 |
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹323.61 | ₹314.56 | ₹6.73 | ₹90.02 |
2023 | ₹359.96 | ₹351.91 | ₹6.00 | ₹87.35 |
2024 | ₹303.15 | ₹297.48 | ₹4.27 | ₹112.08 |
September 2024 | ₹155.34 | ₹148.37 | ₹5.19 | ₹110.33 |
KPI | Values |
ROE: | 10.55% |
ROCE: | 17.60 |
EBITDA Margin: | 3.39% |
PAT Margin: | 1.41% |
Debt to equity ratio: | NA |
Earning Per Share (EPS): | ₹3.38 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 10.55% |
Net Asset Value (NAV): | ₹32.00 |
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Apollo Pipes Limited | 26.4 | 59.1 | 15.70% | 103.93 | 13,858.81 Cr. |
Hariom Pipe Industries Steels | 20.4 | 32.8 | 12.24% | 149.72 | 1,153.17 Cr. |
IPO Open Date: | December 19, 2024 |
IPO Close Date: | December 23, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹85 to ₹90 Per Share |
Issue Size: | Approx ₹41.76 Crores |
Fresh Issue: | Approx ₹41.76 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 45.03% |
QIB Quota: | Not more than 10.02% |
NII Quota: | Not more than 44.95% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |