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Newmalayalam Steel Ltd

Issue
Opens On	Closes On
19-Dec-24	23-Dec-24

Money Payable On
Application	Allotment
90.00	0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

Lead Managers to the Issue
Project Cost (₹.Cr)	37.39	Khandwala Securities Ltd
Project Financed through Current Offer (₹.Cr)	41.76
Post Issue Equity Share Capital (₹.Cr)	17.29
Issue Price (₹)	90.00

Projects

IT/Technological upgradation of existing mfg facility and expansion of the existing solar facility for power generation

Funding of expenditure towards civil construction of new factory shed cum storage facility within the existing factory premises situated at

Advertising, Marketing and Brand Building

Funding incremental working capital requirements of the company

General corporate purposes

Promoted By

Vazhappily Davis Varghese

Divyakumar Jain

Ankur Jain

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd

Registered Office: Door No.2/546/A & 2/546/B Mala,Pallipuram PO Mala, Thrissur - 680732, Kerala, India. Phone : +91 703 421 2002 Fax:
Email : info@demacsteel.com
Website :www.demacsteel.com

Initial public offer of upto 46,40,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an issue price of Rs. 90 per equity share (including a share premium of Rs. 80 per equity share) for cash, aggregating up to Rs. 41.76 crores ("Public Issue") out of which 2,33,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 90 per equity share for cash, aggregating Rs. 2.10 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 44,06,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 90 per equity share for cash, aggregating up to Rs. 39.66 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.84 % and 25.49 % respectively of the post-issue paid-up equity share capital of the company.

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