The Aditya Ultra Steel IPO minimum market lot is 2000 shares with ₹1,24,000 application amount. The Aditya Ultra Steel IPO is a SME IPO, and it is to be listed on NSE.
Aditya Ultra Steel Ltd is a company that produces TMT bars. The organization began its operations in 2011 and was later transformed into a public limited company in 2018. The company is backed by a group of young and experienced entrepreneurs who have spent way over 17 years in the steel sector. The TMT manufacturing plant is located at Bhalgam in Rajkot District and is compacted into 17 acres of land. They manufacture sizes of TMT bars that include 8 mm, 10 mm, 12 mm, 16 mm, 20 mm, 25 mm and 32 mm. As of now, this firm has an overall capacity to produce about 1,08,000 MT for TMT bars.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Aditya Ultra Steel IPO Subscription Status – Day 3
Category | Day 1 | Day 2 | Day 3 |
QIB | 0.87 | 1.01 | 1.21 |
NII | 1.48 | 2.34 | 12.04 |
RII | 4.01 | 10.24 | 22.44 |
Total | 2.06 | 4.44 | 10.27 |
Aditya Ultra Steel IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Aditya Ultra Steel IPO Review
- May Apply
Aditya Ultra Steel IPO Form
How to apply for the Aditya Ultra Steel IPO? You can apply for Aditya Ultra Steel IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Aditya Ultra Steel IPO in the Invest section. The other option is you can apply for Aditya Ultra Steel IPO via IPO forms downloaded online. Check out the Aditya Ultra Steel forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.