SHIV AUM STEEL LTD IPO

Shiv AUM Steel Ltd gives mellow steel items to the clients. It has occupied with the merchant, wholesaler, and stockist of steel items which have up to 0.05 to 0.25 percent of carbon material. The organization has declared its Initial Public Offer as Shiv AUM IPO. It is booked to open on nineteenth September 2019. Look down to check the subtleties of the Shiv AUM IPO.

Shiv AUM IPO Details:

Issue Open:  Sep 19, 2019-Sep 23, 2019

Issue Type: Fixed Price Issue IPO

Initial public offering Size:  3,600,000 Eq portions of Rs 10 (collecting up to Rs 15.84 cr)

Face Value:  Rs 10 for each value share

Issue Price:  Rs 44 for each value share

Market Lot:  3000 offers

Min Order Quantity:  3000 Shares

Posting At: NSE SME

The Shiv AUM IPO will close for membership on 23rd September 2019. The application ought to permit up to 5 PM on the most recent day of offering. It is raised about Rs 15.84 crore. The issue offers a sum of 3,600,000 value portions of Rs 10 presumptive worth totalling up to Rs 15.84 crores.

It is a fixed value issue. Financiers of the issue fixed a cost at Rs 44 for each value share. The market parcel of the issue fixed at 3000 offers and a base request amount at 3000 offers. It is required to be recorded on NSE SME. The presentation of the IPO will lead by Aryaman Financial Services Ltd. The posting cost of the issue fluctuates by the interest and flexibly of IPO shares upon the arrival of posting.

Objects of the Issue:

As of the draft plan, the organization will use the net continues raised from the IPO towards the reimbursement of credits and general corporate reason.

1.Repayment of Loans

2.General Corporate Purpose

Shiv AUM Steel Ltd IPO Promoter Holding

Pre Issue Share Holding:       100%

Post Issue Share Holding:     73.53%

Shiv Aum IPO Prospectus:

Draft Prospectus

Distraction Prospectus

Registrar of IPO

Skyline Financial Services Private Ltd

D-153A, first Floor,

Okhla Industrial Area, Phase-I,

New Delhi - 110020

Telephone: +91 – 11 – 2681

Email: Mumbai@skylinerta.com

Site: http://www.skylinerta.com

Different subtleties of Shiv AUM prepares issue like, Subscription status, allocation subtleties, posting cost, when to list, how much benefit can a financial specialist make in this IPO will accessible in the wake of finishing the offering procedure.

Disclaimer: This post is only data about the IPO. It doesn't offer any guidance or suggestion. If you don't mind read the offer archive cautiously and counsel your consultant before contributing.