Aditya Ultra Steel was established in 2011. The company manufactures products of rolled steel including the TMT bars under Kamdhenu which is the brand name. By 30th April 2024, the company employed 149 employees. Aditya Ultra Steel IPO Allotment was opened between the 9th to 11th of September 2024. The objective of opening the IPO is to fulfil the required capital expenditure and working expenditure, cover the public issues and expenses and for general corporate.
Investors who have applied for the IPO are waiting for the finalization of the IPO Allotment. It is informed to all investors that they can check the www.adityaultrasteel.com IPO Allotment Status on 12th September 2024. Till then, read information regarding the process to check the status, subscription, GMP and more in the following article.
Aditya Ultra Steel IPO Allotment Status
The Aditya Ultra Steel IPO is Rs 45.88 crores. Cameo Corporate Services Limited is the registrar for the Aditya Ultra Steel IPO Allotment. The revenue of the company between 31st March 2023 to 31st March 2024 has been increased by 11%. Whereas, the Profit After Tax has hiked by 185%.
The last GMP was updated on 11th September 2024 where the Aditya Ultra Steel Initial Public Offering GMP was Rs. 0. Considering the GMP and cap price. It is expected that the estimated listing price will be Rs. 62. So, the expected loss or profit will be 0%
www.adityaultrasteel.com IPO Allotment Status: Highlights
| Name of the Company | Aditya Ultra Steel Limited |
| Name of the Registrar | Cameo Corporate Services Limited |
| Price Band | Rs. 59 to 62 per share |
| Type of the Issue | Book Built Issue IPO |
| Size of the Total Issue | 7,400,000 shares (aggregating up to Rs. 45.88 Cr) |
| Price Listing At | NSE SME |
| IPO Allotment Result Availability Status | To be issued |
| IPO Allotment Result Availability Mode | Online Mode |
| Authorized Web Portal | http://www.adityaultrasteel.com/ |
Aditya Ultra Steel IPO Subscription Status
By 11th September 2024, Aditya Ultra Steel IPO was subscribed 8.71 times. The retail category subscribed 19.29 times, QIB 1.01 times, and 9.68 times in the NII category.
| Investor Category | Offered Shares | Shares bid for | Subscription | Total Amount (Rs Cr.) |
| Market Maker | 3,70,000 | 3,70,000 | 1 | 2.29 |
| Qualified Institutions | 35,12,000 | 35,46,000 | 1.01 | 21.99 |
| Non-Institutional Buyers*** | 10,56,000 | 1,02,18,000 | 9.68 | 63.35 |
| Retail Investors | 24,62,000 | 4,74,94,000 | 19.29 | 294.46 |
| Total | 70,30,000 | 6,12,58,000 | 8.71 | 379.8 |
Aditya Ultra Steel Initial Public Offering Allotment Schedule
| Events | Dates |
| Starting Date of the Aditya Ultra Steel IPO | 9th September 2024 |
| Deadline for the Aditya Ultra Steel IPO | 11th September 2024 |
| Display of the IPO Allotment Status | 12th September 2024 |
| Initiation of the Refund Process | 13th September 2024 |
| Crediting Shares to the Demat Account | 13th September 2024 |
| Date of the Price Listing | 16th September 2024 |
How to check the Aditya Ultra Steel IPO Allotment Status?
Let’s go through the whole process through which interested investors can check the allotment result. The following are the steps through which the IPO Allotment Status will easily open on the respective device:
- Start the process by going to the official website of Cameo Corporate Services Limited i.e., https://cameoindia.com/
- The home page of the website will open where you must click the hamburger icon available at the top right side of the screen.
- After clicking the icon, a menu will appear on the screen.
- Go to the Services section and under that, there will be several options available.
- Find and click the option named Registry and Share Transfer.
- Scroll down the new page and stop once you find the Useful Links section.
- Go through the available links and click the Cambridge Online option.
- After that, click the Useful Links option and again tap the IPO Status option.
- Now, provide the requested details and recheck them carefully.
- Afterwards, tap the submit button and wait for a few seconds.
- The IPO Allotment Status will finally open on the screen holding essential information.
Aditya Ultra Steel IPO Allotment Status: Important Links
| Visit the Official Websites | Aditya Ultra Steel Limited Website Link Cameo Corporate Services Limited Website Link |
| Check Out the IPO Allotment Status | To be issued |
| Check Out the DRHP | Aditya Ultra Steel IPO DRHP Link |
| Follow for more IPO Details | SVU News, Home Page |
Frequently Asked Questions
When can the investors check the Aditya Ultra Steel IPO Allotment Status?
The closing date of the above-mentioned IPO is 11th September 2024. Investors will be able to check its status on 12th September 2024.
What details will be needed to check the www.adityaultrasteel.com IPO Allotment Status?
Individuals will first have to select the company and then select the method of opening the status like PAN, application number and more. After that, provide the details accordingly to open the status on the screen.
