About the Company:
Shiv Aum Steels Limited, is engaged in the trading of mild steel products such as beams, angles, plates, channels, coils and thermo mechanically treated (TMT) bars.
Company is an authorised distributor for selling steel products of Jindal Steel & Power Limited (JSPL), have entered into MoUs with Steel Authority of India (SAIL) & Rashtriya Ispat Nigam Limited (RINL) and also procure steel products from various other steel manufacturers including Monnet Ispat & Energy Limited (MIEL) and Vandana
Ispat Limited (VIL).
Company specialize in procuring a large array of steel products from the top manufacturers in bulk quantities and selling them to customers who require these steel products in specific quantities, sizes and dimensions.
Company supplies all kinds of steel products on a PAN India basis and our customers range from small steel processing units to large EPC companies and Real Estate & Infrastructure Developers.
Some of the customers include Maharashtra Seamless, Kone Cranes, Dogus Soma JV, L&T STEC JV and IPCA to name a few.
Percentage wise Purchases from Suppliers.
Management Team:
- Mr. Jatin Mehta (Designation: Whole-Time Director)
- Mr. Sanjay Bansal (Designation: Whole-Time Director)
Objectives of the Issue:
- Repayment of Loans
- General Corporate Purpose
Financials of the Company:
(in Crores) | FY 17 | FY 18 | FY 19 |
---|---|---|---|
Revenue | 249.0 | 277.9 | 377.3 |
Net Profit | 2.93 | 5.45 | 5.72 |
Valuation of Peer Group Companies:
Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
---|---|---|---|---|---|
SRU Steels Ltd | 10 | 0.37 | 44.05 | 2.46% | 15.07 |
Shiv Aum Steels Ltd | 10 | 5.72 | 7.69 | 12.28% | 46.63 |
IPO Details:
Details | Info |
---|---|
Issue Opens on | 19th September 2019 |
Issue Closes on:. | 23rd September 2019 |
Issue Price | Rs.44 |
Face Value | Rs.10 |
Minimum Lot | 3000 |
Minimum Investment | Rs.1,32,000 |
Issue Constitutes | 26.47% |
Issue Size | Rs.15.84 cr |
Market Cap | Rs.59.84 cr |
Listing at | NSE SME |
Equity Shares Offered (Fresh) | 36,00,000 |
Equity Shares Prior to the issue | 1,00,00,400 |
Equity Shares after the issue | 1,36,00,400 |
Important Dates:
Finalization of Basis of Allotment | on or Before 26th September 2019 |
Initiation of Refunds | on or Before 27th September 2019 |
Credit of Equity Shares: | on or Before 30th September 2019 |
Listing Date: | on or Before 1st October 2019 |
IPO Valuation Parameters:
Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
---|---|---|---|
5.72 | 7.69 | 12.28% | 46.63 |
Company Contact Info: |
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Shiv Aum Steels Ltd 515, The Summit Business Bay, Opp. Cinemax Western Express Way, A.K. Road , Andheri (East) Mumbai – 400 093. Tel No: +91 22 26827900 /01/02/03/04 Email: info@shivaumsteels.com Website: www.shivaumsteels.com |
IPO Registrar Info: |
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SKYLINE FINANCIAL SERVICES PRIVATE LIMITED A/505, Dattani Plaza, Andheri Kurla Road, Safeed Pool, Andheri East Mumbai – 400 072 Tele: +91 22 28511022 / 49721245 Email: mumbai@skylinerta.com Website: www.skylinerta.com |
Lead Manager to the Issue: |
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SKYLINE FINANCIAL SERVICES PRIVATE LIMITED A/505, Dattani Plaza, Andheri Kurla Road, Safeed Pool, Andheri East Mumbai – 400 072 Tele: +91 22 28511022 / 49721245 Email: mumbai@skylinerta.com Website: www.skylinerta.com |