Aditya Ultra Steel Ltd IPO

Aditya Ultra Steel Ltd. (AUSL) is engaged in the business of manufacturing of rolled steel product i.e. TMT bars under the Kamdhenu brand catering mainly to the construction industry and for infrastructure development. The Company manufactures TMT bars from billets through reheating furnace and rolling mill. It has a history of more than 12 (Twelve) years in manufacturing of TMT bars industry. AUSL designs and manufactures TMT bars and sells it on B2B Basis. Its customer base is mainly spread across the State of Gujarat.

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Within a short span of time, the Company has carved a niche for itself in the steel industry, which is witnessed by growth in operational revenue with a CAGR of approximately 26.16%. The Company was originally incorporated as Aditya Ultra Steel Private Limited on July 27, 2011 under the provisions of the Companies Act, 1956 in the State of Gujarat. During the year 2016 -2017, Mr. Varun Manojkumar Jain and Mrs. Varuna Jain acquired all the equity shares of the Company from the erstwhile promoters and other shareholders. Read more

How do I apply for the Aditya Ultra Steel Ltd IPO?

You can apply for the Aditya Ultra Steel Ltd IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.