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Narayani Steels IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 11.52 Cr. The company is based in Kolkata and caters to Steel sector. Pantomath Capital Advisors is the merchant banker of Narayani Steels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th September 2015.
Narayani Steels IPO open date is 1st September 2016 and close date is 6th September 2016. IPO Allotment Date is 30th November -0001 and Listing date is 14th September 2016.
IPO
Size:
₹ 11.52 Cr.
Avg IPO Size (Sector Based)
: ₹
30.52 cr.
Sector: Steel
SME
IPO so far:
45
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Kolkata
SME
IPO so far:
75
Revenue (annualised):
₹
504.07
cr. 
PE
Ratio:
25.00x
Average Sector PE Ratio: 16.13x
Narayani Steels IPO size is ₹ 11.52 Cr. with IPO price of ₹ 32.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Pantomath Capital Advisors Private Limited is the book-running lead manager of the Narayani Steels IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Narayani Steels IPO.
Narayani Steels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Narayani Steels IPO, based in Kolkata, operates in the Steel sector with a focus on trading and manufacturing of hot rolled long products of value added steel. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Narayani Steels IPO size is ₹ 11.52 Cr. with fresh issue size of ₹ 12 and Offer for sale being ₹ Nil
The IPO allotment date for Narayani Steels IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Narayani Steels IPO allotment status on the registrars website, Bigshare Services Private Limited . Narayani Steels IPO refund dates are 30th November -0001.
Narayani Steels IPO is expected to be listed on 14th September 2016.
The upper price band for the Narayani Steels IPO is set at ₹ 32.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Narayani Steels IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Narayani Steels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th September 2016. After submission, funds are blocked until the basis of allotment of Narayani Steels IPO is finalised.
The merchant banker for Narayani Steels IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Narayani Steels IPO RHP for further details.
The registrar for Narayani Steels IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Narayani Steels IPO through their official website or helpline.
Narayani Steels IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 11.52 Cr.
Avg IPO Size (Sector Based)
:
₹ 30.52 Cr.
Sector: Steel
SME
IPO so far:
45
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Kolkata
SME
IPO so far:
75
Revenue (annualised):
₹ 502.47 cr.
PE
Ratio:
25.00x
Average Sector PE Ratio: 16.13x
Narayani Steels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Narayani Steels Financial Review Page
Merchant Banker(s) of Narayani Steels IPO: Pantomath Capital Advisors Private Limited
Narayani Steels IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Narayani Steels IPO listed at a listing price of 33.40 against the offer price of 32.00.
The current market price of Narayani Steels is 7.14.
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