
Emerging SME Services · NSE
Shiv Aum Steels Limited (SASL), established in 2002, is engaged in the trading, distribution, and stocking of mild steel products, which contain about 0.05-0.25% carbon. The company is an authorized distributor of Jindal Steel & Power Limited (JSPL) and has signed memorandums of understanding (MoUs) with Rashtriya Ispat Nigam Limited (RINL) and Steel Authority of India (SAIL) to source steel products. In addition, it procures materials from other manufacturers like Vandana Ispat Limited and Monnet Ispat & Energy Limited. SASL offers a wide range of steel products including plates, T-angles, C-channels, I-beams, coils, H-beams, TMT bars, columns, and rails, all available in various sizes as per customer requirements. The company operates through an indirect sales model, acting as a link between steel manufacturers and end-users. It currently focuses on the domestic market, catering to small steel processing units, infrastructure and real estate developers, and large EPC companies. The company’s storage facility is located in Panvel, in the Raigad district of Maharashtra. The godown has an estimated storage capacity of 10,000 to 12,000 tons for flat steel products and 7,000 to 8,000 tons for long steel products.
Price Band
₹44
Issue Size
₹15.84 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹44
at current GMP
Subscribed
—
Open
19 Sep 2019
Close
23 Sep 2019
Allotment
27 Sep 2019
Refund
28 Sep 2019
Demat Credit
29 Sep 2019
Listing
1 Oct 2019