Newmalayalam Steel IPO listing price is ₹ 85.50, issue price is ₹ 90.00, and currently trading at ₹ 27.90 as on July 30, 2025. Newmalayalam Steel IPO performance is show below with latest CAGR.
*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.
*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.
Newmalayalam Steel IPO is a Book Building listing on NSE EMERGE exchange. The company is based in Kerala and caters to Steel sector. Khandwala Securities is the merchant banker of Newmalayalam Steel IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd April 2024.
Newmalayalam Steel IPO offer price is ₹ 90.00 and got listed at ₹ 85.50. Read Newmalayalam Steel IPO details mentioned above.The IPO of Newmalayalam Steel Limited was listed on 27th December 2024. As of today, Newmalayalam Steel IPO is trading at ₹ 27.90, compared to the previous day’s close of ₹ 28.50. Read the report above for detailed IPO performance.
The issue price of Newmalayalam Steel IPO was ₹ 90.00 per equity share.
Newmalayalam Steel IPO was listed at ₹85.50 on the stock exchange on 27th December 2024. The listing price is the price at which the shares started trading on the stock exchange after the IPO was completed.
As of July 30, 2025, the current market price of Newmalayalam Steel IPO is ₹ 27.90.
The 52-week high for Newmalayalam Steel IPO is [●], while the 52-week low is [●]. These figures reflect the stock’s highest and lowest trading prices in the past one year from the current date.
The Newmalayalam Steel IPO listed at ₹ 85.50 against the issue price of ₹ 90.00 per equity share, showing a listing day gain/loss of -4.5 (-5.00%) , calculated by comparing the listing price to the issue price on the first day of trading.
The Newmalayalam Steel IPO stock moved from its listing price of ₹ 85.50 to the current price of ₹27.90 per equity share, reflecting a change of -67.37% per share, calculated by subtracting the listing price from the current market price (CMP) as of today.
Based on Newmalayalam Steel IPO issue date of 27th December 2024 and CMP of ₹27.90, the estimated CAGR is approximately -86.18%.
*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.
*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.
Newmalayalam Steel IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Newmalayalam Steel Financial Review Page
Merchant Banker(s) of Newmalayalam Steel IPO: Khandwala Securities Limited
Newmalayalam Steel IPO subscription was 50.69 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.
Newmalayalam Steel IPO listed at a listing price of 85.50 against the offer price of 90.00.
The current market price of Newmalayalam Steel is 27.90.
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