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Open
1 Sep 2016
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Close
6 Sep 2016
3
Allotment
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Listing
Wed, Sep 14, 2016
Price Band
₹32 per share
Issue Size
36,00,000 shares (agg. up to ₹12 Cr)
Lot Size
4,000 Shares
Listing Date
Wed, Sep 14, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.44x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Umiya Tubes Ltd. | SME | ₹2.00 Cr | ₹10 | null | ₹10.45 | +4.50% | ₹24.85 (-0.24%) |
| Bharat Wire Ropes Ltd. | Mainboard | ₹70.00 Cr | ₹45 | null | ₹45.55 | +1.22% | ₹200.38 (-2.45%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 8.92 |
| 2 | General corporate purposes | 2.00 |
About Narayani Steels IPO
Incorporated in 1995, Narayani Steels Limited is one of india's leading ISO certified company in the metal sector. Company manufactures and trades iron and steel products in India. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal. Product range includes TMT ReBars, Mild Steel Rounds, Mild Steel Square, Mild Steel Flat Bars, and Mild Steel Angles.Company's products are primarily used in infrastructure, construction, automobile, etc. industries. The company sells its products through a network of various dealers/retailers/distributors. Their client list includes TRF, NTPC, VIZAC steel and Vizac profiles group.+ Read More
Contact Details
Narayani Steels Ltd. Address23A N S Road7th FloorRoom 31Kolkata, West Bengal, 70000108912501182info@narayanitmt.comVisit Website