Adhunik Metaliks Ltd IPO


Subscription Details

  • Open Date 13 Mar
  • Close Date 17 Mar
  • Lot Size 150
  • IPO Size ₹ 100 Cr
  • IPO Price Range ₹ 37
  • Min Investment ₹ 5550

Adhunik Metaliks Ltd IPO Timeline

Open Date
13 Mar
Close Date
17 Mar
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public issue of 27027027 equity shares of Rs. 10 each (Equity Shares) for cash at a price of Rs.37 per equity share aggregating to Rs.100 crores (Issue) by Adhunik Metaliks Limited (AML or the Company or the Issuer). The issue comprises of a reservation for employees of 1351351 equity shares of Rs. 10 each aggregating Rs.5 Crores and a net issue to the public of 25675676 equity shares of Rs. 10 each (the Net Issue) aggregating Rs.95 Crores. The issue will constitute 29.62 % of the fully diluted capital of the company after the issue. Issue Price Rs.37/- Per Equity Share of Face Value Rs.10/- The issue price is 3.7 times the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Adhunik Metaliks Ltd IPO

Contact Information


Chadri Hariharpur,
P O Kuarmunda,
Sundergarh, Orissa 770039

Open Demat Account