Newmalayalam Steel IPO Date, Review, Price, Allotment Details

Last Updated On: December 16, 2024 / By IPODekho Team

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 Rs 41.76 crore. Out of this, Rs 41.76 crore will be through new shares, and Rs [.] crore through existing shares. The IPO is open for subscription from December 19, 2024 to December 23, 2024. Each share has a face value of Rs 10, and investors can apply for shares at a price between Rs 85-90 per share. 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 👈

Upcoming

Newmalayalam Steel IPO Details

IPO Category Type:	SME
IPO Open:	December 19, 2024
IPO Close:	December 23, 2024
IPO Price Band:	₹85-90 Per Share
Face Value:	₹10 Per Equity Share
IPO Listing on:	NSE SME
IPO Issue Type:	Book Build Issue

IPO Size:	Approx ₹41.76 Crores
Fresh Issue:	Approx ₹41.76 Crores
Offer for Sale:	Approx ₹[.] Crores

Newmalayalam Steel IPO Reservation

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

Newmalayalam Steel IPO Prospectus

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

Newmalayalam Steel IPO Market Lot Details

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

Newmalayalam Steel IPO Dates

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

Newmalayalam Steel Company Financial Report

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 Company Address

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

Newmalayalam Steel IPO Registrar

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

Newmalayalam Steel IPO FAQs

What is Newmalayalam Steel IPO?

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

When Newmalayalam Steel IPO will open?

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

What is Newmalayalam Steel IPO Investors Portion?

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

What is Newmalayalam Steel IPO Size?

Newmalayalam Steel IPO size is ₹41.76 crores.

What is Newmalayalam Steel IPO Price Band?

Newmalayalam Steel IPO Price Band is ₹85-90.

What is the Newmalayalam Steel IPO Allotment Date?

Newmalayalam Steel IPO allotment date is December 24, 2024.

What is the Newmalayalam Steel IPO Listing Date?

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