Newmalayalam Steel IPO Date, Review, Price, Allotment Details

Newmalayalam Steel IPO is offering its shares to the public for the first time through an IPO on the stock exchanges NSE SME. The total amount they aim to raise is 41.76. Out of this 41.76 will be through new shares, and [.] through existing shares. The IPO is open for subscription from 19 December, 2024 to 23 December, 2024. Each share has a face value of Rs 10, and investors can apply for shares at a price between 85-90. The minimum number of shares one can apply for is 1600, or multiples of that as mentioned in the offer document.

Check Live IPO GMP List  👈

Check Live IPO  Subscription List  👈

Check All IPO  Allotment List  👈

Listed

IPO Category Type:	SME
IPO Open:	19 December, 2024
IPO Close:	23 December, 2024
IPO Price Band:	85-90
Face Value:	₹10 Per Equity Share
IPO Listing on:	NSE SME
IPO Issue Type:	Book Build Issue
IPO Size:	Approx 41.76
Fresh Issue:	Approx 41.76
Offer for Sale:	Approx [.]

Retail Quota:	45.03%
QIB Quota:	10.02%
NII Quota:	44.95%
Employee Discount:	[.]

DRHP Draft Prospectus:	Continue Reading
RHP Draft Prospectus:	Continue Reading
Anchor Investors List:	[.]

	Lot Size	Shares	Amount
Retail Minimum	1	1600	₹144000
Retail Maximum	1	1600	₹144000
HNI Minimum	2	3200	₹288000

IPO Activity	Date
Open Date:	19 December, 2024
Close Date:	23 December, 2024
Allotment Date:	24 December, 2024
Refund Date:	26 December, 2024
Shares Credit Date:	26 December, 2024
Listing Date:	27 December, 2024

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	11,032.77	11,208.19	8,734.83	9,001.66
Revenue	15,533.82	30,314.80	35,995.71	32,360.91
Profit After Tax	519.30	426.86	600.49	673.06
Net Worth	4,566.44	4,047.14	3,620.28	3,019.79
Reserves and Surplus	3,301.68	2,782.38	2,355.52	1,755.03
Total Borrowing	3,917.94	5,911.15	2,815.22	4,920.06
Amount in ? Lakhs

Newmalayalam Steel Limited
Door No. 2/546/A & 2/546/B Mala
Pallipuram P O, Mala, Thrissur
Kerala
Thrissur,Kerala-680 732
India
Website: https://demacsteel.com/
Phone: +91 703 421 2002
Email: info@demacsteel.com

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000

Q.What is Newmalayalam Steel IPO?

Ans.Newmalayalam Steel IPO is a SME IPO. The IPO is list on NSE SME. The total amount Newmalayalam Steel aim to raise is 41.76.

---

Q.When Newmalayalam Steel IPO will open?

Ans.Newmalayalam Steel IPO is to open on 19 December, 2024 for Investors.

---

Q.What is Newmalayalam Steel IPO Investors Portion?

Ans.Newmalayalam Steel investor's portion for QIB is 10.02%, NII is 44.95%, and Retail is 45.03%.

---

Q.What is Newmalayalam Steel IPO Size?

Ans.Newmalayalam Steel IPO size is 41.76.

---

Q.What is Newmalayalam Steel IPO Price Band?

Ans.Newmalayalam Steel IPO Price Band is 85-90.

---

Q.What is the Newmalayalam Steel IPO Allotment Date?

Ans.Newmalayalam Steel IPO allotment date is 24 December, 2024.

---

Q.What is the Newmalayalam Steel IPO Listing Date?

Ans.Newmalayalam Steel IPO listing date is 27 December, 2024. The IPO is to list on NSE SME.