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Newmalayalam Steel Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹90
Issue Price
₹90
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹90
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹144,000
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
19 Dec 2024
Thu Completed
Done
Close Date
23 Dec 2024
Mon Completed
Done
Allotment
24 Dec 2024
Tue Completed
Done
Refund
26 Dec 2024
Thu Completed
Done
Demat Credit
26 Dec 2024
Thu Completed
Done
Listing Date
27 Dec 2024
Fri Completed
UPI Deadline: 23 Dec 2024
Issue Details
Pricing & Size
Issue Price
₹90 Face ₹10
Lot Size
1,600 shares
Min Investment
₹144,000
Total Issue Size
46,40,000 shares (aggregating up to ₹41.76 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,33,600 (5.03%)
QIB Portion
4,41,600 (9.52%)
NII / HNI
19,80,800 (42.69%)
Retail
19,84,000 (42.76%)
Employee
-
Net Offer to Public
44,06,400 shares (aggregating up to ₹39.66 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,26,47,600 shares
Post-Issue Shareholding
1,72,87,600 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,44,000
HNI / NII 2 3,200 ₹2,88,000
Objects of Issue
7 objectives
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
Lead Managers & Market Maker
Book Running Lead Managers
Khandwala Securities Ltd
Market Maker
Aftertrade Broking Pvt.Ltd.
IPO Timeline
Open
19 Dec
✓ Done
Close
23 Dec
✓ Done
Allotment
24 Dec
✓ Done
Listing
27 Dec
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Company Contact
Email
info@demacsteel.com
Phone
+91 703 421 2002
Address
Door No. 2/546/A & 2/546/B Mala Pallipuram P O, Mala, Thrissur, Kerala, 680732
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹90
Est. Listing
₹90
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Newmalayalam Steel Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹90
GMP
+₹0 (+0%)
GMP Est. Listing
₹90
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 4,41,600 (9.52%) ₹39.74 Cr
NII / HNI (Total) 19,80,800 (42.69%) ₹1,782.72 Cr
Retail Investors 19,84,000 (42.76%) ₹1,785.60 Cr
Total ** 46,40,000 (100.00%) ₹41,760.00 Cr
Market Maker * 2,33,600 (5.03%) ₹21.02 Cr
* Based on ₹90.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
4,41,600 (9.52%)
NII
19,80,800 (42.69%)
Retail
19,84,000 (42.76%)
Market Maker
2,33,600 (5.03%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue15533.8230314.8035995.71
PAT519.30426.86600.49
EBITDA
Net Worth4566.444047.143620.28
Total Assets11032.7711208.198734.83
Reserves3301.682782.382355.52
Borrowings3917.945911.152815.22
Key Financial Ratios
10.55%
ROE
Return on Equity
17.60
ROCE
Return on Capital Employed
10.55%
RONW
Return on Net Worth
1.41%
PAT Margin
PAT / Revenue
2.81
P/BV
Price to Book Value
3.38
Pre EPS
EPS Pre-Issue
6.01
Post EPS
EPS Post-Issue
26.67
Pre P/E
P/E Pre-Issue
14.98
Post P/E
P/E Post-Issue
About Newmalayalam Steel Ltd

NewMalayalam Steel Limited manufactures galvanised pipes, tubes, and sheets. The company has an electric resistance welding tube mill with an installed capacity of 3,500 MT in a manufacturing unit in Kerala, India.

The company's clients are Jaihind Steel Private Limited, Aashico Ventures LLP, George Infra Private Limited and others. The products' reputation and quality have helped Newmalayalam Steel Limited establish brand equity in the products marketed under the brand name "Demac Steel".

Incorporated in 2017, the company took over the entire M/s business. Demac Steel, along with its assets and liabilities, is on a going concern basis (the "Transfer").

Competitive Strengths:

  1. Widespread distribution network and presence across various retail channels.
  2. Diversified Product Basket.
  3. Brand recall and established track record.
  4. Existing client and supplier relationships.
  5. Quality Assurance and Quality Control of the products.
  6. Strategically located manufacturing facilities with modern infrastructure and integrated manufacturing facilities with a core focus on quality.
  7. Cost-efficient sourcing and locational advantage.
Frequently Asked Questions
What is the issue price of Newmalayalam Steel Ltd IPO?
The issue price of Newmalayalam Steel Ltd IPO is ₹90 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹144,000.
What are the IPO dates?
Opens 19 Dec 2024, closes 23 Dec 2024.
When is the listing date?
Tentative listing: 27 Dec 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹90 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Newmalayalam Steel Ltd IPO · Expected 24 Dec 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
24 Dec 2024
Refund Initiation
26 Dec 2024
Demat Credit
26 Dec 2024
Listing Date
27 Dec 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹90
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹90
GMP +₹0
Key Dates
Open
19 Dec Done
Close
23 Dec Done
Listing
27 Dec Done
Registrar
Kfin Technologies Ltd.
A
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