| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 4,000 | ₹1,28,000 |
| HNI / NII | 2 | 8,000 | ₹2,56,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII / HNI (Total) | — | 17,04,000 (47.33%) | — | ₹545.28 Cr |
| Retail Investors | — | 17,08,000 (47.44%) | — | ₹546.56 Cr |
| Total ** | — | 36,00,000 (100.00%) | — | ₹11,520.00 Cr |
| Market Maker * | — | 1,88,000 (5.22%) | — | ₹6.02 Cr |
Incorporated in 1995, Narayani Steels Limited is one of india's leading ISO certified company in the metal sector. Company manufactures and trades iron and steel products in India. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal. Product range includes TMT ReBars, Mild Steel Rounds, Mild Steel Square, Mild Steel Flat Bars, and Mild Steel Angles.
Company's products are primarily used in infrastructure, construction, automobile, etc. industries. The company sells its products through a network of various dealers/retailers/distributors. Their client list includes TRF, NTPC, VIZAC steel and Vizac profiles group.