Newmalayalam Steel Limited
₹85 - ₹90
1600
5.74
| Open Date: | 19-Dec-2024 |
| Close Date: | 23-Dec-2024 |
| Allotment Date: | 24-Dec-2024 |
| Listing Date: | 27-Dec-2024 |
| Listing Price: | N/A |
| Face Value: | ₹₹10 Per Equity Share Per Equity Share |
| Issue Price: | ₹₹85-90 per equity share Per Equity Share |
| Issue Size: | 4,640,000 shares(aggregating up to ₹41.76 Cr) |
| Market Lot (Min Amount): | 1600 Shares (₹144,000/-) |
| Earning Per Share(EPS) | ₹3.38/- |
| P/E Ratio | N/A |
| RoNW | 10.55% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2023 | 2,537.71 | 1,417.33 | 3,37.31 |
| 31 Mar,2022 | 1,422.66 | 888.88 | 80.99 |
| 31 Mar,2021 | 1,351.82 | 691.50 | 26.66 |
| Pre Issue Share Holding | 99.80% |
| Post Issue Share Holding | 73.02% |
| 1. Vazhappily Davis Varghese |
| 2. Divyakumar Jain |
| 3. Ankur Jain |
| 4. Mahendra Kumar Jain |
| 5. Molly Varghese |
| 6. Cyriac Varghese |
- 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 our Company
- Issue related expenses
- General Corporate purposes
NewMalayalam Steel Limited manufactures galvanised pipes, tubes, and sheets. The company has an electric resistance welding tube mill with an installed capacity of 3,500 MT in a manufacturing unit in Kerala, India.
The company's clients are Jaihind Steel Private Limited, Aashico Ventures LLP, George Infra Private Limited and others. The products' reputation and quality have helped Newmalayalam Steel Limited establish brand equity in the products marketed under the brand name "Demac Steel".
Incorporated in 2017, the company took over the entire M/s business. Demac Steel, along with its assets and liabilities, is on a going concern basis (the "Transfer").
Competitive Strengths:
- Widespread distribution network and presence across various retail channels.
- Diversified Product Basket.
- Brand recall and established track record.
- Existing client and supplier relationships.
- Quality Assurance and Quality Control of the products.
- Strategically located manufacturing facilities with modern infrastructure and integrated manufacturing facilities with a core focus on quality.
- Cost-efficient sourcing and locational advantage.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
If you are agree with app tems and condition to use the app.
Thank you.