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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

ApplicationLot SizeSharesAmount
Retail Minimum11,600₹1,44,000
Retail Maximum11,600₹1,44,000
S-HNI Minimum23,200₹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 EndedRevenueExpenseProfit After TaxAssets
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

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Apollo Pipes Limited26.459.115.70%103.9313,858.81 Cr.
Hariom Pipe Industries Steels20.432.812.24%149.721,153.17 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

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