+919998510543
acml-logo
hamburger-icon

IPO

IPO Synopsis
Shiv Aum Steels Ltd
Registered Office: 515 The Summit Business Bay,Opp Cinemax Western ExpressWay , Mumbai - 400093 , Maharashtra , India.
Phone : 91-22-23727249/23717160   Fax:91-22-23736665
Email :  info@shivaumsteel.com  
Website :  www.shivaumsteels.com
Public Issue of 36,00,000 equity shares of Rs.10 each ("equity shares") of Shiv Aum Steels Limited ("sasl" or the "company") for cash at a price of Rs. 44 per equity share (including a share premium of Rs.34 per equity share) (the "issue price"), aggregating to Rs. 15.84 Crores ("the issue"), of which 1,92,000 equity shares of Rs.10 each at an issue price of Rs. 44 equity share aggregating to Rs.0.84 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 34,08,000 equity shares of Rs.10 each at an issue price of Rs.44 per equity shares aggregating to Rs.15 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.47% and 25.06%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs.10 and the issue price is 4.40 times of the face value. Minimum Application size of 3000 equity shares and Multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
19-Sep-19 23-Sep-19 Rs44.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 15.84
Aryaman Financial Services Ltd
Project Financed through Current Offer 15.84  
Post Issue Equity Share Capital 13.60  
Issue Price Rs44.00  
 
Projects
Repayment of LoansGeneral Corporate Purpose
Promoted By
Sanjay Bansal
Ajay Bansal
Jatin Mehta
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt