Newmalayalam Steel Limited Peer Comparison
The Newmalayalam Steel IPO is a book build issue with a total issue size of ₹41.76 cr, comprising of fresh issue of 4640000 equity shares. Newmalayalam Steel IPO opened for subscription on Dec 19, 2024 and closed on Dec 23, 2024. Newmalayalam Steel IPO is set price band at ₹85 to ₹90 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹288,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 24, 2024, and listed on the NSE on Dec 27, 2024.
Kfin Technologies Limited has been appointed as the registrar. Khandwala Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Newmalayalam Steel IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Newmalayalam Steel Limited Peer Comparision
No Peer Comparision Available
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Newmalayalam Steel IPO is a Book-building IPO with a total issue size of ₹41.76 crore. The Newmalayalam Steel IPO price band is ₹85 to 90 per share. The Newmalayalam Steel IPO subscription opens on Thu, Dec 19, 2024, and closes on Mon, Dec 23, 2024. The Newmalayalam Steel IPO will be listed on the NSE. Kfin Technologies Limited is the registrar for the Newmalayalam Steel IPO.
The Newmalayalam Steel IPO opens on Thu, Dec 19, 2024 and closes on Mon, Dec 23, 2024
Newmalayalam Steel IPO Price Band is ₹85 to 90 per share.
Newmalayalam Steel IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹288000 based on the upper price band
The minimum investment for Newmalayalam Steel IPO is ₹288000, based on one lot of 1600 shares at the upper price band of ₹90 per share.
Investors can apply for the Newmalayalam Steel IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Dec 23, 2024. The application amount remains blocked until the Newmalayalam Steel IPO allotment is finalized.
Newmalayalam Steel IPO issue size is ₹41.76 crores.
Newmalayalam Steel IPO allotment date is Wed, Jul 1, 2026.
The registrar for Newmalayalam Steel IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Newmalayalam Steel IPO allotment status, refund processing, and other IPO-related information.
The Newmalayalam Steel IPO GMP (Grey Market Premium) is ₹30 as of Fri, Dec 27, 2024. Based on the upper price band of ₹90 per share, the estimated Newmalayalam Steel IPO listing price is ₹120, indicating a potential listing gain of approximately 0% over the issue price.