Avtar Steel Ltd.
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
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.