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Shiv Aum Steels Ltd IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Steel sector. Aryaman Financial Services is the merchant banker of Shiv Aum Steels Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st June 2019.
Shiv Aum Steels Ltd IPO open date is 19th September 2019 and close date is 23rd September 2019. IPO Allotment Date is 26th September 2019 and Listing date is 1st October 2019.
IPO
Size:
₹ 15.84 Cr.
Avg IPO Size (Sector Based)
: ₹
29.33 cr.
Sector: Steel
SME
IPO so far:
43
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
377.29
cr. 
PE
Ratio:
10.50x
Average Sector PE Ratio: 16.09x
Shiv Aum Steels Ltd IPO size is ₹ 15.84 Cr. with IPO price of ₹ 44.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the Shiv Aum Steels Ltd IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Aryaman Capital Markets Limited for Shiv Aum Steels Ltd IPO.
Shiv Aum Steels Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shiv Aum Steels Ltd IPO, based in Mumbai, operates in the Steel sector with a focus on . The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Shiv Aum Steels Ltd IPO size is ₹ 15.84 Cr. with fresh issue size of ₹ 15.84 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Shiv Aum Steels Ltd IPO is expected to be 26th September 2019, after the finalization of basis of allotment. Investors can check Shiv Aum Steels Ltd IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Shiv Aum Steels Ltd IPO refund dates are 27th September 2019.
Shiv Aum Steels Ltd IPO is expected to be listed on 1st October 2019.
The upper price band for the Shiv Aum Steels Ltd IPO is set at ₹ 44.00 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 Shiv Aum Steels Ltd 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 Shiv Aum Steels Ltd 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 23rd September 2019. After submission, funds are blocked until the basis of allotment of Shiv Aum Steels Ltd IPO is finalised.
The merchant banker for Shiv Aum Steels Ltd IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shiv Aum Steels Ltd IPO RHP for further details.
The registrar for Shiv Aum Steels Ltd IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shiv Aum Steels Ltd IPO through their official website or helpline.
Shiv Aum Steels Ltd IPO was subscribed 1.34 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 15.84 Cr.
Avg IPO Size (Sector Based)
:
₹ 29.33 Cr.
Sector: Steel
SME
IPO so far:
43
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
86
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 371.73 cr.
PE
Ratio:
10.50x
Average Sector PE Ratio: 16.09x
Shiv Aum Steels Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shiv Aum Steels Ltd Financial Review Page
Merchant Banker(s) of Shiv Aum Steels Ltd IPO: Aryaman Financial Services Limited
Shiv Aum Steels Ltd IPO subscription was 1.34 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.
Shiv Aum Steels Ltd IPO listed at a listing price of 44.15 against the offer price of 44.00.
The current market price of Shiv Aum Steels Ltd is 250.00.
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