Newmalayalam Steel IPO Timeline
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. The basis of allotment got finalized on Dec 24, 2024, and listed on the NSE on Dec 27, 2024.
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Newmalayalam Steel IPO Timeline (Tentative)
- IPO Open Date
- Thursday, 19 December 2024
- IPO Close Date
- Monday, 23 December 2024
- Basis of Allotment
- Tuesday, 24 December 2024
- Initiation of Refunds
- Thursday, 26 December 2024
- Credit of Shares to Demat
- Thursday, 26 December 2024
- Listing Date
- Friday, 27 December 2024 — NSE & BSE
Important Dates
Open Date
19 December 2024
Close Date
23 December 2024
Basis Of Allotment
24 December 2024
Listing Date
27 December 2024
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.