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Newmalayalam Steel Ltd

Newmalayalam Steel Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹90
₹90
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹90
Based on GMP
Min. Investment
₹144,000
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
19 Dec 2024
Close Date
23 Dec 2024
Allotment
24 Dec 2024
Listing Date
27 Dec 2024
Exchange
NSE SME
Price Band
₹90
Listing Price
See chart
Allotment Status
Price Band
₹90
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
46,40,000 shares (aggregating up to ₹41.76 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
1,26,47,600 shares
Promoters
Post-IPO Holding
1,72,87,600 shares
Promoters
P/E (Pre)
26.67x
 
P/E (Post)
14.98x
 
EPS (Pre)
₹3.38
 
EPS (Post)
₹6.01
 
UPI Deadline
2024-12-23
Mandate
Anchor AllotmentWed, 18 Dec 2024
Basis of AllotmentTue, 24 Dec 2024
Refund InitiationThu, 26 Dec 2024
Demat CreditThu, 26 Dec 2024
Listing DayFri, 27 Dec 2024
UPI Mandate Deadline2024-12-23
Sale TypeFresh Capital
Net Offer to Public44,06,400 shares (aggregating up to ₹39.66 Cr)
Market Maker Quota2,33,600 shares (aggregating up to ₹2.10 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Newmalayalam Steel Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 23 Dec 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
233,600
₹2.10
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,640,000
100% ₹41.76
IPO Shares Offered
Newmalayalam Steel Ltd IPO total issue size: ₹41.76 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 233,600 ₹2.10
5.03%
Total 4,640,000 ₹41.76
100.00%
* Based on upper price band ₹90 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹90.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹288,000
Retail (Max — 13 Lots)1320,800₹1,872,000
S-HNI (Min — 14 Lots)1422,400₹2,016,000
B-HNI (Min — 68 Lots)68108,800₹9,792,000
* Issue Price ₹90 × Lot Size 1,600 shares
IPO Schedule
Anchor
18 Dec 2024
✓ Done
IPO Open
19 Dec 2024
✓ Done
IPO Close
23 Dec 2024
✓ Done
Allotment
24 Dec 2024
✓ Done
Refunds
26 Dec 2024
✓ Done
Demat Credit
26 Dec 2024
✓ Done
Listing Day
27 Dec 2024
✓ Done
Newmalayalam Steel Ltd — Live Price LIVE
₹90.00
INR · NSE
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Issue ₹90.00 Live Price
About Newmalayalam Steel Ltd
NewMalayalam Steel Limited manufactures galvanised pipes, tubes, and sheets. The company has an electric resistance welding tube mill with an installed capacity of 3,500 MT in a manufacturing unit in Kerala, India.The company's clients are Jaihind Steel Private Limited, Aashico Ventures LLP, George Infra Private Limited and others. The products' reputation and quality have helped Newmalayalam Steel Limited establish brand equity in the products marketed under the brand name "Demac Steel".Incorporated in 2017, the company took over the entire M/s business. Demac Steel, along with its assets and liabilities, is on a going concern basis (the "Transfer").Competitive Strengths:Widespread distribution network and presence across various retail channels.Diversified Product Basket.Brand recall and established track record.Existing client and supplier relationships.Quality Assurance and Quality Control of the products.Strategically located manufacturing facilities with modern infrastructure and integrated manufacturing facilities with a core focus on quality.Cost-efficient sourcing and locational advantage.
Objects of the Issue
1
IT / Technological Upgradation of existing manufacturing facility
2
Expansion of the existing solar facility for power generation
3
Funding of expenditure towards civil construction of new factory shed cum storage facility within the existing factory premises situated at Kerala.
4
Advertising, Marketing and Brand Building
5
Funding incremental working capital requirements of the Company
6
Issue related expenses
7
General Corporate purposes
Newmalayalam Steel Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹35,995.7
31 Mar 2023
₹30,314.8
31 Mar 2024
₹15,533.8
30 Sep 2024
Profit After Tax (PAT)
₹600.5
31 Mar 2023
₹426.9
31 Mar 2024
₹519.3
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 15533.82 30314.80 35995.71
EBITDA N/A N/A N/A
Profit After Tax (PAT) 519.30 426.86 600.49
Net Worth 4566.44 4047.14 3620.28
Total Assets 11032.77 11208.19 8734.83
Reserves & Surplus 3301.68 2782.38 2355.52
Borrowings 3917.94 5911.15 2815.22
EBITDA Margin (%) N/A
PAT Margin (%) 1.41%
P/BV Ratio
2.81
RoE
10.55%
RoCE
17.60
RoNW
10.55%
PAT Margin
1.41%
Issue Structure & Shareholding
Total Shares Offered46,40,000 (100.00%)
Net Offer to Public44,06,400 shares (aggregating up to ₹39.66 Cr)
Reserved for Market Maker2,33,600 shares (aggregating up to ₹2.10 Cr)
Pre-Issue Promoter Holding1,26,47,600 shares
Post-Issue Promoter Holding1,72,87,600 shares
P/BV Ratio2.81
RoE10.55%
RoCE17.60
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Khandwala Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Newmalayalam Steel Ltd IPO subscribed?

Newmalayalam Steel Ltd IPO is subscribed 1.00 times by Dec 23, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Newmalayalam Steel Ltd IPO retail subscription status?

The Newmalayalam Steel Ltd IPO retail category is subscribed 1.00 times as of 23 Dec 2024. The retail portion is oversubscribed.

How to subscribe Newmalayalam Steel Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 19 Dec 2024 and closes 23 Dec 2024. Min investment: ₹144,000 (1 lot = 1,600 shares). UPI mandate: 2024-12-23.

How many times Newmalayalam Steel Ltd IPO subscribed?

The Newmalayalam Steel Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Newmalayalam Steel Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Dec 2024. Refunds: on 26 Dec 2024.

When Newmalayalam Steel Ltd IPO will be listed?

The Newmalayalam Steel Ltd IPO listing date is 27 Dec 2024, Friday. Listed on: NSE SME. Issue price: ₹90. Estimated listing: ₹90. GMP: NIL.

When Newmalayalam Steel Ltd IPO close?

The Newmalayalam Steel Ltd IPO closes on 23 Dec 2024, Monday. UPI mandate: 2024-12-23. Allotment: 24 Dec 2024. Listing: 27 Dec 2024.