Avtar Steel Ltd.
NSE & BSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 12,633.41 | 11,128.17 | |
| 136.16 | 73.03 | |
| 12,769.57 | 11,201.2 | |
| 11,503.56 | 10,296.92 | |
| 783.14 | 506.38 | |
| 591.45 | 370.29 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Part-financing the capital expenditure towards construction of facility, namely | 2,000 |
| 2 | Repayment/pre-payment, in full or in part, of certain outstanding borrowings | 2,000 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
99.88%
Promoter stake
IPO Registrar
KFIN Technologies Ltd.
About the Company
We are a manufacturer of stainless-steel long and wire products of special grades providing customized tailormade solutions to our customers. We have over three decades of experience in production and development of stainless-steel long and wire products in domestic markets. We have further expanded our presence into international markets since 2010. We offer a diversified portfolio of stainless-steel long and wire products which find application across industries including automobile, oil and gas, defence, aerospace, water solutions, energy, shipping, fabrication and construction, chemical, food and dairy industries. Our key customers include Bansal Wire Industries Limited, Goodluck India Limited, Stellaris Specialities India Limited, Vividh Wires Limited, Ivy Creations UK Limited, Goodluck Defense and Aerospace Limited and Victura Technologies Private Limited. During Fiscal 2026, we served 422 customers, of which 265 were repeat customers, representing 62.80% of our total unique customers. Revenue generated from such repeat customers was ₹10,819.88 million, representing 85.64% of our total revenue from operations in Fiscal 2026.We are equipped with integrated manufacturing facilities, which possess the capability to produce multiple special grades of stainless-steel long and wire products, with customizations and varied chemical compositions, enabling us to meet diverse application requirements. As of July 31, 2026, we manufacture over 150 grades of stainless-steel long and wire products. Our products are engineered to comply with global and domestic standards, including those set by the American Society for Testing and Materials (“ASTM”), Bureau of Indian Standards (“BIS”), German Institute for Standardization (“DIN”), Registration, Evaluation, Authorization, and Restriction of Chemicals (“REACH”) and European Norms (“EN”). The broad industrial compliance reflects the adaptability and performance of our stainless-steel products.
Use of Proceeds
a.Part-financing the capital expenditure towards construction of a facility, namely Specialty Steel Melting Division, for manufacturing special steel (alloy steel, carbon steel, valve steel), stainless-steel blocks and blooms, and expansion of stainless-steel wire at the existing facility, namely, Wire Rod and Bar Division; b. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company; and c. General corporate purposes.
Avtar Steel Ltd. Latest News
IPO FAQs
The for the Avtar Steel Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
KFIN Technologies Ltd. is the for the Avtar Steel Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Avtar Steel Ltd. IPO shares are proposed to be listed on BSE and NSE.
Each Avtar Steel Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 99.88% of Avtar Steel Ltd. before the IPO.
a.Part-financing the capital expenditure towards construction of a facility, namely Specialty Steel Melting Division, for manufacturing special steel (alloy steel, carbon steel, valve steel), stainless-steel blocks and blooms, and expansion of stainless-steel wire at the existing facility, namely, Wire Rod and Bar Division; b. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company; and c. General corporate purposes.
Systematix Corporate Services Ltd. and Elara Capital (India) Pvt Ltd are the for the Avtar Steel Ltd. IPO.
Pre-apply means placing your Avtar Steel Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Avtar Steel Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Avtar Steel Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.