Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-3.1%)ESDS Software₹ 478 (2.8%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (16%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (-2.3%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

NewMalayalam Steel IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 2017 Industry: Steel & Iron Products Listed Page

Profile
Issue Size --
Profile
Price Range 85  to  90 per share
Profile
Min Investment ₹90
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Newmalayalam Steel Limited is a prominent steel manufacturing company based in India, specializing in the production of high-quality steel products. The company is known for its diverse range of offerings, including billets, angles, beams, channels, and various other steel products used in construction, infrastructure, and industrial applications. With a strong focus on innovation, quality control, and customer satisfaction, Newmalayalam Steel Limited has carved out a significant position in the competitive steel industry. The company operates with state-of-the-art manufacturing facilities and adheres to international standards in terms of production, sustainability, and environmental compliance. Over the years, Newmalayalam Steel has built a reputation for reliability, ensuring that its products meet the stringent demands of both domestic and international markets. Through continuous investment in technology and efficient operational processes, the company strives to maintain its leadership in the steel sector. Read More

Basic Info

Face Value 10 per share

Price 85  to  90 per share

P/E (x) 28.1

Sales( Cr.) 304

PAT( Cr.) 4

EPS 3.2

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Vazhappily Davis Varghese Divyakumar Jain Ankur Jain Mahendra Kumar Jain

Pre Issue Share Holding 99.8%

Post Issue Share Holding 73.02%

Listing Details:

Listing Price: 90

Listing Gain: 0%

Current Price: 25.8

Gain On Issue: 25.8 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 19, 2024
Closing Date Dec 23, 2024
Allotment Dec 24, 2024
Refund Dec 25, 2024
Delivery of Shares Dec 25, 2024
Listing Date Dec 26, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1 90
Retail (Max) 2222 2222 199,980
S-HNI (Min) 2223 2223 200,070
S-HNI (Max) 11111 11111 999,990
B-HNI (Min) 11112 11112 1,000,080

Objective 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

Issue

Category Nos Bid Bid (x)
QIB 464000 584640 1.3x
NII 2088000 51427440 24.6x
Retail 2088000 183117600 87.7x
EMP 0 0 0x
Total 4640000 235201600 50.7x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

NewMalayalam Steel Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 300 318 355 300 304
Other Income 5 6 5 3 4
Total Income 305 324 360 303 308
Total Expenditure 291 311 347 293 297
Operating Profit 14 13 13 11 11
Interest 3 3 3 3 3
Depreciation 1 1 1 2 2
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 10 9 8 6 6
Provision for Tax 2 2 2 1 2
Profit After Tax 8 7 6 4 4
Adjustments 0 0 0 0 0
Profit After Adjustments 8 7 6 4 4
Adjusted Earnings Per Share 6 5.3 4.7 3.4 2.6

NewMalayalam Steel Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 23 30 36 40 78
Minority's Interest 0 0 0 0 0
Borrowings 18 17 12 8 3
Other Non-Current Liabilities 1 1 1 1 1
Total Current Liabilities 22 42 38 67 26
Total Liabilities 64 90 87 116 109
Fixed Assets 20 21 22 20 20
Other Non-Current Assets 1 2 1 1 9
Total Current Assets 44 67 65 95 80
Total Assets 64 90 87 116 109

NewMalayalam Steel Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 7 13
Cash Flow from Operating Activities 12 -4 31 -22 26
Cash Flow from Investing Activities -1 -4 -1 -0 -8
Cash Flow from Financing Activities -11 8 -24 28 -11
Net Cash Inflow / Outflow 0 0 7 6 7
Closing Cash & Cash Equivalent 0 0 7 13 20

NewMalayalam Steel Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 6.04 5.32 4.75 3.38 2.55
CEPS(Rs) 7.04 6.36 5.9 4.61 3.5
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 18.55 23.88 28.62 32 45.32
Core EBITDA Margin(%) 3.11 2.31 2.08 2.49 2.25
EBIT Margin(%) 4.28 3.68 3.12 2.97 3.09
Pre Tax Margin(%) 3.18 2.84 2.26 1.88 1.97
PAT Margin (%) 2.55 2.11 1.69 1.41 1.44
Cash Profit Margin (%) 2.97 2.53 2.1 1.93 1.98
ROA(%) 11.85 8.71 6.77 4.19 3.92
ROE(%) 32.54 25.08 18.09 11.13 7.42
ROCE(%) 21.45 16.83 15.45 10.94 9.64
Receivable days 15.89 17.97 14.86 19.23 27.97
Inventory Days 16.11 26.64 35.86 50.84 43.65
Payable days 0.24 4.03 13.15 16.76 9.59
PER(x) 0 0 0 0 9.15
Price/Book(x) 0 0 0 0 0.52
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.16 0.19 0.1 0.2 0.13
EV/Core EBITDA(x) 3.47 4.74 2.71 5.59 3.46
Net Sales Growth(%) 0 5.96 11.6 -15.4 1.33
EBIT Growth(%) 0 -8.73 -5.24 -19.29 5.54
PAT Growth(%) 0 -11.87 -10.78 -28.91 3.31
EPS Growth(%) 0 -11.87 -10.78 -28.92 -24.42
Debt/Equity(x) 1.55 1.63 0.78 1.46 0.23
Current Ratio(x) 1.97 1.61 1.73 1.42 3.11
Quick Ratio(x) 1.37 0.81 0.75 0.71 2.12
Interest Cover(x) 3.89 4.38 3.64 2.72 2.75
Total Debt/Mcap(x) 0 0 0 0 0.45

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 1% -1% 0% 0%
Operating Profit CAGR 0% -5% 0% 0%
PAT CAGR 0% -17% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -12% NA% NA% NA%
ROE Average 7% 12% 19% 19%
ROCE Average 10% 12% 15% 15%

Company Contact Information

NewMalayalam Steel Ltd.

Door No. 2/546/ A & 2/546/ B Mala Pallipuram P O, Mala

IPO Lead Manager(s)

NewMalayalam Steel Ltd.

Khandwala Securities Ltd

Registrar Info

NewMalayalam 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.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!