Sky Alloys and Power Ltd.
BSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 8,192.4 | 6,296.88 | |
| 18.52 | 15.43 | |
| 8,210.92 | 6,312.31 | |
| 7,107.88 | 5,404.47 | |
| 723.49 | 635.69 | |
| 530.46 | 449.67 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Repayment and/or pre-payment of borrowings | 1,900 |
About the Company
We are a steel manufacturing company producing a diverse range of products, including Sponge Iron, Mild Steel Billets, Ferro-Alloys, and TMT bars from our manufacturing facilities located at Raigarh, in the State of Chhattisgarh. Our Company commenced operations with the installation of our first DRI plant in Raigarh, Chhattisgarh. Our Company’s product portfolio includes sponge iron, MS Billets, TMT bars, and ferro alloys, such as Silico Manganese. In line with our growth strategy, we undertook a significant expansion of our production capacities in Fiscal 2022which was approved by the Directorate of Industries, Government of Chhattisgarh. Our Company is recognized as a "Mega" Manufacturing Enterprise by the Directorate of Industries, Chhattisgarh and our Manufacturing Unit will obtain incentives under the "Be Spoke Policy" in accordance with the provisions of the Chhattisgarh State's Industrial Policy 2019-24.
Use of Proceeds
1. Repayment and/or pre-payment of borrowings; and 2. General corporate purposes.
Sky Alloys and Power Ltd. Latest News
News
No news found for Sky Alloys and Power Ltd..
IPO FAQs
The for the Sky Alloys and Power 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.
Sky Alloys and Power Ltd. IPO shares are proposed to be listed on BSE.
Each Sky Alloys and Power 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.
- 1.Repayment and/or pre-payment of borrowings
- 2.General corporate purposes
Pre-apply means placing your Sky Alloys and Power 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 Sky Alloys and Power 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 Sky Alloys and Power 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.