Bookbuilding IPO | ₹100 Cr | Listing at BSE, NSE | Mon, Mar 13, 2006 - Fri, Mar 17, 2006 P
Adhunik Metaliks IPO is a book build issue of ₹100.00 crores. The issue is entirely a fresh issue of 2.70 crore shares of ₹100.00 crore.
Adhunik Metaliks IPO bidding started from Mar 13, 2006 and ended on Mar 17, 2006. Adhunik Metaliks IPO will list on the NSE and the BSE with a tentative listing date fixed as Apr 5, 2006.
Adhunik Metaliks IPO is set final issue price at ₹37 per share.
SBI Capital Markets Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Adhunik Metaliks IPO RHP for detailed Information.
IPO Open
Mon, Mar 13, 2006
IPO Close
Fri, Mar 17, 2006
Issue Price
₹37 per share
Market Cap (Pre-IPO)
₹337.56 Cr
| IPO Date | 13 to 17 Mar, 2006 |
| Listing Date | Wed, Apr 5, 2006T |
| Face Value | ₹10 per share |
| Price Band | ₹37 to ₹42 |
| Issue Price | ₹37 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,70,27,027 shares (agg. up to ₹100 Cr) |
| Fresh Issue | 2,70,27,027 shares (agg. up to ₹100 Cr) |
| Share Holding Pre Issue | 6,42,04,220 shares |
| Share Holding Post Issue | 9,12,31,247 shares |
Adhunik Metaliks IPO comprises a total issue size of 2,70,27,026 shares. The net offer to the public is 2,56,75,675 shares, after excluding 13,51,351 shares under a preferential allotment. Of the Net offer 1,28,37,838 (50.00%) are allocated to QIB, 38,51,351 (15.00%) allocated to NII 89,86,486 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,28,37,838 | 50.00% | 47.50% |
| NII (HNI) Shares Offered | 38,51,351 | 15.00% | 14.25% |
| Retail Shares Offered | 89,86,486 | 35.00% | 33.25% |
| Preferential Reservations | |||
| Employee Shares Offered | 13,51,351 | 5.00% | |
| Total Shares Offered | 2,70,27,026 | 100.00% | 100.00% |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Adhunik Metaliks Limited is a manufacturing entity specializing in alloy, special, and construction steels. The corporation is involved in the production and marketing of both alloy and non-alloy steel products. Its business segments include Iron and Steel, as well as Mining and Power. The company participates in the mining and power industries through its subsidiaries. It manufactures alloy steel, ferro alloys, iron billets, and rolled products at its manufacturing facility located in Odisha. Furthermore, via its subsidiary, Orissa Manganese & Minerals Limited (OMML), the company operates the Ghatkuri Iron Ore Mine in Jharkhand, along with the Patmunda and Orahuri Manganese Mines in Odisha. OMML also runs an iron ore pellet plant at Kandra, Jharkhand. The organization supplies various sectors, including automotive, telecommunications, power generation, railway, engineering, oil and gas, and construction industries. Its additional subsidiaries encompass Orchid Global Resources Pte. Limited and Global Commodity & Resources Limited.
| Period Ended | 31 Dec 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|---|
| Assets | 452.67 | 203.09 | 67.39 | 18.19 | 1.12 |
| Total Income | 240.45 | 130.35 | 35.75 | 0.00 | 0.00 |
| Profit After Tax | 16.81 | 7.10 | 4.11 | 0.00 | 0.00 |
| NET Worth | 117.53 | 77.49 | 27.14 | 9.74 | 1.11 |
| Reserves and Surplus | 53.41 | 18.00 | 4.12 | 8.56 | 0.98 |
| Amount in ₹ Crore | |||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To expand and forward integrate the operations of the Company by setting up the following units, collectively referred to as Unit III | |
| Total | 0.00 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 1.85% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 90.96% | 64.01% |
| Market Cap | ₹337.56 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management, underwriting and selling commissions | 4.50 |
| 2 | Advertising and marketing expenses | 1.27 |
| 3 | Printing and Stationary expenses | 2.22 |
| 4 | Others(Registrar fees, legal fees etc.) | 0.81 |
| Total | 8.80 |
Lead Manager Reports
Adhunik Metaliks IPO is a main-board IPO of 2,70,27,027 equity shares of the face value of ₹10 aggregating up to ₹100 Crores. The issue is priced at ₹37 per share. The minimum order quantity is .
The IPO opens on Mon, Mar 13, 2006, and closes on Fri, Mar 17, 2006.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Adhunik Metaliks IPO using UPI as a payment gateway. Zerodha customers can apply in Adhunik Metaliks IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Adhunik Metaliks IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Adhunik Metaliks IPO opens on Mon, Mar 13, 2006 and closes on Fri, Mar 17, 2006.
Adhunik Metaliks IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Adhunik Metaliks IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Adhunik Metaliks IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Adhunik Metaliks IPO allotment status.
The Adhunik Metaliks IPO listing date is not yet announced. The tentative date of listing is Wed, Apr 5, 2006.
