Shiv Aum Steels Limited (SASL) incorporated in 2002 based in Mumbai. The company is a trader, distributor and stockist of mild steel products. They are authorized distributor of products made by Jindal Steel and Power Limited. They also entered in MoU with Rashtriya Ispat Nigam Limited & SAIL to product steel products. The product range includes Plates, T – Angles, C Channels, I – Beams, Coils, H – Beams, TMT Bars, Columns and Rails in all sizes based on requirements. Shiv Aum Steels ipo is NSE SME IPO. Shiv Aum Steels Limited (SASL) ipo is starting from 19-September and ends on 23-September. The price band is around ₹44 with 3000 market lot. The ipo size is around ₹15.84 rupees.
Shiv Aum Steels IPO Review:
- Risky
Shiv Aum Steels IPO Dates & Price Band:
| IPO Open: | 19-Sep-2019 |
| IPO Close: | 23-Sep-2019 |
| IPO Size: | Approx ₹15.84 Crore (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹44 Per Share |
| Listing on: | NSE SME |
| Retail Portion: | 50% |
| Equity: | 3,600,000 Shares |
Shiv Aum Steels IPO Market Lot:
- Shares: Apply for 3,000 Shares (Minimum Lot Size)
- Amount: ₹1,32,000
Shiv Aum Steels IPO Allotment & Listing:
- Basis of Allotment: 26-Sep-2019
- Refunds: 27-Sep-2019
- Credit to demat accounts: 30-Sep-2019
- Listing: 01-Oct-2019
Financial Results:
| ₹ in Crore | |||||
| Revenue | Expenses | PAT | |||
| 2015 | – | – | – | ||
| 2016 | – | – | – | ||
| 2017 | 249 | 245 | 2.90 | ||
| 2018 | 278 | 270 | 5.50 | ||
| 2019 | 377 | 369 | 5.70 | ||
Shiv Aum Steels IPO Important Links:
Shiv Aum Steels IPO Allotment Status:
Company Promoters:
- Sanjay Bansal
- Ajay Bansal
- Jatin Mehta
- Jatin Mehta HUF
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Skyline Financial Services Private Ltd
D-153A, 1st Floor,
Okhla Industrial Area, Phase-I,
New Delhi -110020
Phone: +91 – 11 – 2681
Email: [email protected]
Website: http://www.skylinerta.com
IPO Lead Managers:
- Aryaman Financial Services limited
Company Address:
Shiv Aum Steels Ltd
515, The Summit Business Bay,
Opp. Cinemax Western Express Way,
A.K. Road Andheri (East) Mumbai- 400 093
Phone: +91 22 23727249 / 2371716
Email: [email protected]
Website: http://www.shivaumsteels.com
