NSE - SMEListed
Surani Steel Tubes Limited
Company websiteSurani Steel Tubes Limited seeks to raise ₹24,84,000 crore — fresh issue ₹24,84,000 crore, OFS ₹0 crore. Total shares offered: 2000.
Subscribe between 25-01-2019 and 29-01-2019. Allotment is expected on 04-02-2019, with listing on 06-02-2019. Action tip: if you’re unsure, consider starting with a small allocation and review the company’s prospectus.
Start Date25-01-2019
End Date29-01-2019
Listing Date06-02-2019
Allotment Date04-02-2019
Current Price₹52
GMP₹0 (0.00%)
Lot Size2000 Shares
Subscription0 Times
Face Value₹10 per share
Listing atNSE
Issue Price₹51 - ₹52
Pre Issue₹58,00,000
Post Issue₹82,84,000
Issue Size₹24,84,000
(aggregating up to 12.92 Cr)
(aggregating up to 12.92 Cr)
Fresh Issue₹24,84,000
(aggregating up to 0.00 Cr)
(aggregating up to 0.00 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Surani Steel Tubes Limited is currently around ₹0 (0.00%). This indicates an estimated listing price of approximately ₹51 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
21 Apr 2025, 08:17 | ₹52 | ₹0 | ₹52 (0.00%) |
Financials overview in Lakhs
Here is a quick look at the recent financial performance of Surani Steel Tubes Limited . The numbers below ( in Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
The IPO reservation for Surani Steel Tubes Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
Market Maker | 5.07% | 1,26,000 |
HNI | 47.42% | 11,78,000 |
RETAIL | 47.50% | 11,80,000 |
TOTAL | 100.00% | 24,84,000 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 2,000 | ₹1,04,000 | |
HNI | 2 | 4,000 | ₹2,08,000 |
Below you can find the official contact details of Surani Steel Tubes Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: cs@suranisteel.com
Phone: +91 9825515372
Website: http://www.suranisteel.com/
Address: S. No. 110, 115, Opp. Vinayak TMT, Bayad Road, Sampa, Tal. Dahegam, Gandhinagar, Gujarat-382315,
IPO Registrar
Name: Link Intime India Private Limited
Phone: +91-22-4918 6270