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NewMalayalam Steel Limited

  • Minimum Investment
    ₹1,36,000
  • Price Range
    ₹85 - ₹90
  • Issue Size
    ₹41.76 Cr
  • Lot Size
    1600 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

IT / Technological upgradation of existing manufacturing facility

Expansion of the existing solar facility for power generation

Funding of expenditure towards civil construction of new factory shed cum storage facility within the existing factory premises situated at Kerala

Advertising, marketing, and brand building

Funding incremental working capital requirements of the company

Issue related expenses

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of NewMalayalam Steel Limited

Distribution network

The company follows a unique business model, engaging dealers to ensure product availability, efficient supply chains, customer service, and quick turnaround times. Its sales team reviews new products, analyzes market trends, and fosters business relationships

Quality assurance & quality control

The company's commitment to quality is reflected in its well-defined safety and quality procedures across all manufacturing stages, from raw material procurement to product distribution

Geographical advantage

The company’s manufacturing unit in Kerala is strategically located near customers and distribution networks, reducing transportation costs by producing all products under one roof, providing a competitive edge

Dependent on pre-galvanized coils vendors

The company relies heavily on pre-galvanized coils, and any challenges in securing them at competitive prices or on time could negatively impact its business, finances, operations, and prospects

Price fluctuations

Steel prices fluctuate due to factors like raw material costs, climatic changes, demand-supply dynamics, global production capacity, import volumes, transportation costs, trade measures, and trends in key industries like construction and transportation

Manufacturing risks

Steel manufacturing involves hazardous processes that can lead to injuries, property damage, and equipment loss, potentially resulting in liabilities, revenue loss, and higher expenses.

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About NewMalayalam Steel Limited

Newmalayalam Steel Ltd. was incorporated on August 7, 2017. The company manufactures galvanized pipes, tubes, and sheets and has established the 'Demac Steel' brand in Kerala.
  • Promoter
    Vazhappily Davis Varghese
  • Promoter
    Divyakumar Jain
  • Promoter
    Ankur Jain
  • Promoter
    Mahendra Kumar Jain
  • Promoter
    Molly Varghese
  • Promoter
    Cyriac Varghese

NewMalayalam Steel Limited IPO FAQs

What is NewMalayalam Steel Limited IPO?

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NewMalayalam Steel Limited IPO refers to the initial public offering of shares by NewMalayalam Steel Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of NewMalayalam Steel Limited IPO?

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For NewMalayalam Steel Limited IPO the issue size is ₹42 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the NewMalayalam Steel Limited IPO?

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For NewMalayalam Steel Limited IPO the minimum investment is ₹1,36,000. The minimum investment for NewMalayalam Steel Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of NewMalayalam Steel Limited IPO?

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For NewMalayalam Steel Limited IPO the lot size is 1600 shares. The lot size of NewMalayalam Steel Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for NewMalayalam Steel Limited IPO on Share.Market?

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To apply for NewMalayalam Steel Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the NewMalayalam Steel Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for NewMalayalam Steel Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for NewMalayalam Steel Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of NewMalayalam Steel Limited IPO?

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For NewMalayalam Steel Limited IPO the allotment date is December 24, 2024. The allotment date of NewMalayalam Steel Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of NewMalayalam Steel Limited IPO?

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For NewMalayalam Steel Limited IPO, the subscription opens on December 19, 2024 and closes on December 23, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
50.69x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
50.69x Oversubscribed
Trade