Shiv Aum Steels Ltd

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:

  1. Mr. Jatin Mehta (Designation: Whole-Time Director)
  2. 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:
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:
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:
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