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15 Days Price Change

Aditya Ultra Steel IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 59  to  62 per share
Profile
Min Investment ₹62
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Aditya Ultra Steel Limited is a company focused on the manufactures rolled steel products, i.e. TMT bars, under the brand name "Kamdhenu". and supply of high-quality steel products. Operating within the steel manufacturing industry, it is likely involved in the production of various steel grades and forms used in construction, automotive, and industrial applications. The company may offer a range of products, including structural steel, long products, and specialty steels, catering to both domestic and international markets. Read More

Basic Info

Face Value 10 per share

Price 59  to  62 per share

P/E (x) 14.1

Sales( Cr.) 585

PAT( Cr.) 9

EPS 4.4

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Mr. Varun Manojkumar Jain Mrs. Varuna Varun Jain

Pre Issue Share Holding 79.6%

Post Issue Share Holding 53.6%

Listing Details:

Listing Price: 69.9

Listing Gain: 11.3%

Current Price: 24.7

Gain On Issue: 24.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 09, 2024
Closing Date Sep 11, 2024
Allotment Sep 12, 2024
Refund Sep 13, 2024
Delivery of Shares Sep 13, 2024
Listing Date Sep 16, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 124,000
Retail (Max) 1 2000 124,000
S-HNI (Min) 2 4000 248,000
S-HNI (Max) 8 16000 992,000
B-HNI (Min) 9 18000 1,116,000

Objective of the Issue

1. To meet Capital Expenditure 2. To meet Working Capital Requirements 3. General Corporate Purposes 4. To meet the Public Issue Expenses

Issue

Category Nos Bid Bid (x)
QIB 3700000 4477000 1.2x
NII 1110000 13497600 12.2x
Retail 2590000 60243400 23.3x
EMP 0 0 0x
Total 7400000 78292000 10.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Aditya Ultra Steel Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 40 53 27 58 146 331 347 515 530 588 585
Other Income 1 0 1 1 2 1 0 1 0 1 0
Total Income 41 53 29 59 147 332 347 516 530 589 586
Total Expenditure 41 52 29 54 138 324 336 504 521 570 565
Operating Profit -0 1 -0 5 9 7 11 12 10 19 20
Interest 2 2 2 1 3 3 3 3 5 6 8
Depreciation 1 1 1 1 1 1 1 1 1 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -2 -1 -3 2 6 3 7 7 4 11 11
Provision for Tax -1 -0 0 0 1 0 2 2 1 3 2
Profit After Tax -2 -1 -3 2 5 3 5 5 3 8 9
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -2 -1 -3 2 5 3 5 5 3 8 9
Adjusted Earnings Per Share -1.8 -0.8 -1.9 1.2 2.7 1.5 2.7 2.9 1.6 4.5 3.8

Aditya Ultra Steel Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 5 1 14 19 26 31 37 40 48 100
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 14 15 14 16 14 17 7 8 5 7 2
Other Non-Current Liabilities -1 -1 -0 -0 1 2 3 2 2 3 2
Total Current Liabilities 10 12 10 25 30 32 36 44 50 90 93
Total Liabilities 24 31 25 55 64 78 77 92 97 148 197
Fixed Assets 14 14 14 26 28 32 32 31 31 33 32
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 3
Total Current Assets 10 17 12 29 37 45 45 60 66 114 162
Total Assets 24 31 25 55 64 78 77 92 97 148 197

Aditya Ultra Steel Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 0 1 0 0 0 10 0 0 3
Cash Flow from Operating Activities 2 -4 4 4 -6 -2 22 -6 8 5 -44
Cash Flow from Investing Activities -0 -0 -0 -3 -1 -3 -1 -0 -1 -2 -9
Cash Flow from Financing Activities -2 5 -3 -2 8 5 -12 -3 -7 0 57
Net Cash Inflow / Outflow -1 -0 0 -0 0 -0 10 -10 -0 3 4
Closing Cash & Cash Equivalent 1 0 1 0 1 0 10 0 0 3 8

Aditya Ultra Steel Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -1.79 -0.75 -1.87 1.18 2.74 1.47 2.68 2.86 1.63 4.46 3.76
CEPS(Rs) -1.21 -0.26 -1.51 1.59 3.22 2.2 3.53 3.69 2.5 5.38 4.47
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0.94 2.71 0.84 2.01 4.75 9.03 11.69 15.15 16.78 21.25 35.68
Core EBITDA Margin(%) -3.46 2.03 -5.03 6.85 5.36 1.85 3.2 2.12 1.86 3.05 3.41
EBIT Margin(%) -2.17 1.11 -3.47 6.67 5.88 1.82 2.8 1.97 1.59 2.92 3.18
Pre Tax Margin(%) -6.03 -2.77 -10.58 4.18 4.03 0.91 1.92 1.39 0.71 1.83 1.89
PAT Margin (%) -4.52 -2.43 -11.65 3.47 3.21 0.76 1.32 0.95 0.52 1.31 1.59
Cash Profit Margin (%) -3.04 -0.83 -9.41 4.66 3.77 1.14 1.74 1.22 0.81 1.58 1.9
ROA(%) -7.45 -4.63 -11.32 5.01 7.84 3.55 5.93 5.8 2.94 6.28 5.41
ROE(%) -191.56 -46.11 -105.65 82.65 80.96 21.39 25.9 21.33 10.18 23.56 14.9
ROCE(%) -3.76 2.28 -3.57 14.96 25.38 12.18 17.46 16.04 11.12 20.27 14.54
Receivable days 22.81 17.8 21.31 16.44 23.11 9.92 4.19 4.07 6.28 17.95 18.07
Inventory Days 52.76 64.56 150.26 81.97 45.13 31.65 35.03 24.88 32.43 34.29 41.3
Payable days 18.07 20.46 27.06 62.81 38.92 9.3 5.35 2.51 1.75 10.32 14.73
PER(x) 0 0 0 0 0 0 0 0 0 0 6.3
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 0.66
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.72 0.67 1.28 0.61 0.3 0.16 0.1 0.11 0.12 0.12 0.21
EV/Core EBITDA(x) -104.03 24.78 -103.79 7.71 4.72 7.49 3.22 5.11 6.24 3.64 5.95
Net Sales Growth(%) 0 32.21 -47.97 111.3 151.14 126.78 4.89 48.62 2.93 10.81 -0.42
EBIT Growth(%) 0 167.36 -263.22 506.27 121.61 -30.03 61.71 4.39 -16.93 104.01 8.41
PAT Growth(%) 0 28.91 -149.12 162.89 132.57 -46.2 82.01 6.68 -43.21 176.94 21.32
EPS Growth(%) 0 58.05 -149.12 162.89 132.57 -46.2 82.02 6.68 -43.21 174.45 -15.8
Debt/Equity(x) 23.41 5.11 16.54 6.76 4.04 2.74 1.68 1.81 1.74 1.48 0.86
Current Ratio(x) 0.99 1.47 1.18 1.15 1.21 1.41 1.24 1.35 1.32 1.26 1.75
Quick Ratio(x) 0.42 0.38 0.2 0.49 0.56 0.23 0.43 0.42 0.26 0.63 0.94
Interest Cover(x) -0.56 0.29 -0.49 2.69 3.18 2.01 3.19 3.41 1.82 2.67 2.47
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 1.3

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% 4% 12% 31%
Operating Profit CAGR 5% 19% 23% 0%
PAT CAGR 13% 22% 25% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -23% NA% NA% NA%
ROE Average 15% 16% 19% -6%
ROCE Average 15% 15% 16% 12%

Company Contact Information

Aditya Ultra Steel Ltd.

Survey No-48, Wankarner Boudry Bhalgam, National Highway 8- A Wankaner

IPO Lead Manager(s)

Aditya Ultra Steel Ltd.

Swastika Investmart Ltd.

Registrar Info

Aditya Ultra Steel Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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