Narayani Steels Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

01 Sep 2016

Close Date

06 Sep 2016

Allotment

12 Sep 2016

Listing Date

14 Sep 2016

Exchange

BSE SME

Price Band

₹32

Listing Price

See chart

Allotment Status

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Price Band

₹32

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

36,00,000 shares (aggregating up to ₹11.52 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹128,000

1 lot

Pre-IPO Holding

73,09,000 shares

Promoters

Post-IPO Holding

1,09,09,000 shares

Promoters

UPI Deadline

2016-09-06

Mandate

Anchor AllotmentWed, 31 Aug 2016

Basis of AllotmentMon, 12 Sep 2016

Refund InitiationTue, 13 Sep 2016

Demat CreditTue, 13 Sep 2016

Listing DayWed, 14 Sep 2016

UPI Mandate Deadline2016-09-06

Sale TypeFresh Capital

Net Offer to Public34,12,000 shares (aggregating up to ₹10.92 Cr)

Market Maker Quota1,88,000 shares (aggregating up to ₹0.6016 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Narayani Steels Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Sep 2016.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	188,000	—	₹0.60
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,600,000	100%	₹11.52

IPO Shares Offered

Narayani Steels Ltd. IPO total issue size: ₹11.52 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	188,000	₹0.60	5.22%
Total	3,600,000	₹11.52	100.00%

* Based on upper price band ₹32 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹32.00

Upper Band

Min Investment

₹128,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹256,000
Retail (Max — 13 Lots)	13	52,000	₹1,664,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,792,000
B-HNI (Min — 68 Lots)	68	272,000	₹8,704,000

* Issue Price ₹32 × Lot Size 4,000 shares

IPO Schedule

Anchor

31 Aug 2016

✓ Done

IPO Open

01 Sep 2016

✓ Done

IPO Close

06 Sep 2016

✓ Done

Allotment

12 Sep 2016

✓ Done

Refunds

13 Sep 2016

✓ Done

Demat Credit

13 Sep 2016

✓ Done

Listing Day

14 Sep 2016

✓ Done

₹32.00

INR · BSE

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Issue ₹32.00 Live Price

About Narayani Steels Ltd.

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.

Objects of the Issue

1 Working Capital Requirement

2 General corporate purposes

Narayani Steels Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

Issue Structure & Shareholding

Total Shares Offered36,00,000 (100.00%)

Net Offer to Public34,12,000 shares (aggregating up to ₹10.92 Cr)

Reserved for Market Maker1,88,000 shares (aggregating up to ₹0.6016 Cr)

Pre-Issue Promoter Holding73,09,000 shares

Post-Issue Promoter Holding1,09,09,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Pantomath Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Narayani Steels Ltd. IPO subscribed? ▲

Narayani Steels Ltd. IPO is subscribed 1.00 times by Sep 06, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Narayani Steels Ltd. IPO retail subscription status? ▼

The Narayani Steels Ltd. IPO retail category is subscribed 1.00 times as of 06 Sep 2016. The retail portion is oversubscribed.

How to subscribe Narayani Steels Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 01 Sep 2016 and closes 06 Sep 2016. Min investment: ₹128,000 (1 lot = 4,000 shares). UPI mandate: 2016-09-06.

How many times Narayani Steels Ltd. IPO subscribed? ▼

The Narayani Steels Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Narayani Steels Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Sep 2016. Refunds: on 13 Sep 2016.

When Narayani Steels Ltd. IPO will be listed? ▼

The Narayani Steels Ltd. IPO listing date is 14 Sep 2016, Wednesday. Listed on: BSE SME. Issue price: ₹32. Estimated listing: ₹32. GMP: NIL.

When Narayani Steels Ltd. IPO close? ▼

The Narayani Steels Ltd. IPO closes on 06 Sep 2016, Tuesday. UPI mandate: 2016-09-06. Allotment: 12 Sep 2016. Listing: 14 Sep 2016.

Quick Actions

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Live Price LIVE

Last Price₹32.00

Change—

Issue Price₹32.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹32

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹128,000

GMPNIL

Est. Listing₹32

Subscribed1.00x

Open Date01 Sep 2016

Close Date06 Sep 2016

Allotment12 Sep 2016

Listing Date14 Sep 2016

ExchangeBSE SME

UPI Deadline2016-09-06