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Avtar Steel IPO IPO

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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets879.15696.87551.65
Total Income1,276.961,120.121,109.41
Profit After Tax59.1537.0320.39
EBITDA112.9983.1351.25
NET Worth194.55135.5193.46
Reserves and Surplus187.24128.1691.14
Total Borrowing335.35324.08265.03
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
A-One Steels India Ltd.Mainboard₹405.00 Cr₹40521.76₹416.55+2.85%₹416.55
Jindal Supreme (India) Ltd.Mainboard₹124.88 Cr₹9316.64₹126.00+35.48%₹168.82
Behari Lal Engineering Ltd.Mainboard₹301.62 Cr₹28517.21₹502.20+76.21%₹467.95
Rajputana Stainless Ltd.Mainboard₹254.98 Cr₹12221.1₹113.03-7.35%₹174.43
Anand Seamless Ltd.SME₹25.52 Cr₹7211.08₹72.10+0.14%₹72.00
Anubhav Plast Ltd.SME₹24.00 Cr₹8010.67₹76.00-5.00%₹47.80
Kasturi Metal Composite Ltd.SME₹17.61 Cr₹6423.59₹63.16-1.31%₹66.00
Shri Kanha Stainless Ltd.SME₹46.28 Cr₹9016.23₹83.60-7.11%₹21.95
Mittal Sections Ltd.SME₹52.91 Cr₹14331.15₹108.70-23.99%₹25.56

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Part-financing the capital expenditure towards construction of facility, namely Specialty Steel Melting Division, for manufacturing special steel (alloy steel, carbon steel, valve steel), stainless-steel blocks and blooms, and expansion of stainless-steel wire at the existing facility, namely, Wire Rod and Bar Division200.00
2Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Company200.00
3General corporate purposes
Total400.00

About Avtar Steel IPO

Updated on Aug 17, 2026

Contact Details

Avtar Steel Ltd. Address1501, 15th FloorAggarwal Corporate HeightsNetaji Subhash PlacePitampura, New Delhi, 11003496714 00661compliance@avtarsteel.comVisit Website