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Shiv Aum Steels Limited IPO
NSE SMERs 1,32,000 / 3000 Equity Shares
Shiv Aum Steels Limited IPO Details
The Shiv Aum Steels Limited IPO price band is set between Rs 44/- Per Equity Share, with a face value of Rs 10/- per share. The issue is managed by Skyline Financial Services Private Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 19 Sep, 2019 and closes on 23 Sep, 2019. Investors can check the allotment status on 27 Sep, 2019, while the listing date is tentatively scheduled for 1 Oct, 2019.
The total issue size is Fresh issue of 36,00,000 Equity Shares of Rs 10/- at a price of Rs 44/- per share aggregating to Rs 15.84 Cr, aggregating up to . Stay tuned for the latest Shiv Aum Steels Limited IPO review and GMP updates.
Shiv Aum Steels Limited IPO Review, Rating & Analysis
Shiv Aum Steels Limited IPO Review
NO REVIEWShiv Aum Steels Limited IPO Rating
Shiv Aum Steels Limited IPO Highlights
IPO Date
Sep 19, 2019 - Sep 23, 2019
Listing Date
1 Oct, 2019
Face Value
Rs 10/- Per Equity Share
Price Band
Rs 44/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Shiv Aum Steels Limited IPO Lot Size
The minimum market lot for Shiv Aum Steels Limited IPO is 3000 shares with an application amount of ₹1,32,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,32,000 |
| Retail (Max) | 1 | 3000 | ₹1,32,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,64,000 |
| S-HNI (Max) | 7 | 21000 | ₹9,24,000 |
| B-HNI (Min) | 8 | 24000 | ₹10,56,000 |
Shiv Aum Steels Limited IPO Timeline
Issue Price
Rs 44/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LimitedLead Manager
Aryaman Financial Services LimitedIssue Size
Fresh issue of 36,00,000 Equity Shares of Rs 10/- at a price of Rs 44/- per share aggregating to Rs 15.84 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Sanjay Bansal
- Mr. Ajay Bansal
- Mr. Jatin Mehta
- Jatin Mehta HUF
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Shiv Aum Steels Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 17,04,000 | 17,04,000 | 34,08,000 |
Day 1 -19-09-19 | 26,37,000 1.55 x | 51,000 0.03 x | 26,88,000 0.79 x |
Day 2 -20-09-19 | 34,20,000 2.01 x | 1,86,000 0.11 x | 36,06,000 1.06 x |
Day 3 -23-09-19 | 38,46,000 2.26 x | 7,29,000 0.43 x | 45,75,000 1.34 x |
Frequently Asked Questions about Shiv Aum Steels Limited IPO IPO
When will Shiv Aum Steels Limited IPO open for subscription?
The Shiv Aum Steels Limited IPO opens on 19 Sep, 2019 and closes on 23 Sep, 2019.
What is the investors portion for Shiv Aum Steels Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1704000.
How to apply for Shiv Aum Steels Limited IPO?
You can apply for Shiv Aum Steels Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Shiv Aum Steels Limited IPO?
The issue size of Shiv Aum Steels Limited IPO is approx ₹Fresh issue of 36,00,000 Equity Shares of Rs 10/- at a price of Rs 44/- per share aggregating to Rs 15.84 Cr crores.
What is the price band of Shiv Aum Steels Limited IPO?
The price band for Shiv Aum Steels Limited IPO is Rs 44/ to ₹ Per Equity Share.
What is the lot size of Shiv Aum Steels Limited IPO?
The minimum bid (lot size) for Shiv Aum Steels Limited IPO is 3000 shares with an investment of approx Rs 1,32,000 .
What is the allotment date of Shiv Aum Steels Limited IPO?
The allotment date for Shiv Aum Steels Limited IPO is 27 Sep, 2019.
What is the listing date of Shiv Aum Steels Limited IPO?
The listing date for Shiv Aum Steels Limited IPO is expected to be 1 Oct, 2019.
What is the GMP of Shiv Aum Steels Limited IPO?
The latest Grey Market Premium (GMP) for Shiv Aum Steels Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.