Aditya Ultra Steel Limited was incorporated as a Private Limited Company on July 27, 2011 with the Registrar of Companies, Gujarat and later on converted into a Public Limited Company on July 26, 2018. The Company started the business in commercial production in year 2012-13. Then later on in 2016-17, Company was acquired by Mr. Varun Manojkumar Jain and Mrs. Varuna Jain as a going concern effective on May 1, 2016.
The Company is engaged in the business of manufacturing of rolled steel product i.e. TMT bars under the 'Kamdhenu' brand catering mainly to the construction industry and for infrastructure development. The Company manufactures TMT bars from billets through reheating furnace and rolling mill. The manufacturing plant is located at Bhalgam, in Rajkot District of Gujarat. At pr ...esent, it has an integrated production capacity of 1,08,000 MT for TMT Bars. A team of qualified and skilled personnel in combination with state-of-the-art quality testing equipment undertakes complete testing like Impact, Tensile, Hardness, Microstructure, Elasticity & Yield Stress.
During Financial year 2023-24, Company upgraded its furnace by replacing existing bricks with high quality brick which would help maintaining the high temperature. In addition to that the rolling section underwent an upgrade with the installation of more efficient machinery and high speed rolls which will enhance the movement of TMT Bars on rolling line. As a result of these two significant upgrades, the production plant was collectively non-operational for approximately one month.
The Company made an IPO of 74,00,000 Equity Shares having the face value of Rs 10 each by raising Rs 45.88 crores in September, 2024.
1. Can I buy Aditya Ultra Steel Ltd from PL Capital? ›
Yes, you can invest in Aditya Ultra Steel Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Aditya Ultra Steel Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Aditya Ultra Steel Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Aditya Ultra Steel Ltd pay dividends? ›
Aditya Ultra Steel Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Aditya Ultra Steel Ltd ? ›
As of
26-12-2025 the share price for Aditya Ultra Steel Ltd. is 25.85 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Aditya Ultra Steel Ltd ? ›
The 52-week high and low of Aditya Ultra Steel Ltd share price is ₹ 23.65 - ₹ 50.35 as of
26-12-2025 .
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