Shiv Aum Steels IPO Dates, Review, Price Band, IPO Allotment & Market Lot

Table of Contents

Shiv Aum Steels Limited (SASL) incorporated in 2002 based in Mumbai. The company is a trader, distributor and stockist of mild steel products. They are authorized distributor of products made by Jindal Steel and Power Limited. They also entered in MoU with Rashtriya Ispat Nigam Limited & SAIL to product steel products. The product range includes Plates, T – Angles, C Channels, I – Beams, Coils, H – Beams, TMT Bars, Columns and Rails in all sizes based on requirements. Shiv Aum Steels ipo is NSE SME IPO. Shiv Aum Steels Limited (SASL) ipo is starting from 19-September and ends on 23-September. The price band is around ₹44 with 3000 market lot. The ipo size is around ₹15.84 rupees.


Shiv Aum Steels IPO Review:

  • Risky

Shiv Aum Steels IPO Dates & Price Band:

 IPO Open: 19-Sep-2019
 IPO Close: 23-Sep-2019
 IPO Size: Approx ₹15.84 Crore (Approx)
 Face Value: ₹10 Per Equity Share
 Price Band: ₹44 Per Share
 Listing on: NSE SME
 Retail Portion: 50%
 Equity: 3,600,000 Shares

Shiv Aum Steels IPO Market Lot:

  • Shares: Apply for 3,000 Shares (Minimum Lot Size)
  • Amount: ₹1,32,000

Shiv Aum Steels IPO Allotment & Listing:

  • Basis of Allotment: 26-Sep-2019
  • Refunds: 27-Sep-2019
  • Credit to demat accounts: 30-Sep-2019
  • Listing: 01-Oct-2019

Financial Results:

  ₹ in Crore
RevenueExpensesPAT
2015
2016
20172492452.90
20182782705.50
20193773695.70


Shiv Aum Steels IPO Important Links:

Shiv Aum Steels IPO Allotment Status:

Company Promoters:

  • Sanjay Bansal
  • Ajay Bansal
  • Jatin Mehta
  • Jatin Mehta HUF

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Skyline Financial Services Private Ltd
D-153A, 1st Floor,
Okhla Industrial Area, Phase-I,
New Delhi -110020
Phone: +91 – 11 – 2681
Email: [email protected]
Website: http://www.skylinerta.com
IPO Lead Managers:

  • Aryaman Financial Services limited

Company Address:
Shiv Aum Steels Ltd
515, The Summit Business Bay,
Opp. Cinemax Western Express Way,
A.K. Road Andheri (East) Mumbai- 400 093
Phone: +91 22 23727249 / 2371716
Email: [email protected]
Website: http://www.shivaumsteels.com

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