Sky Alloys & Power IPO Details

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Sky Alloys & Power IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.

Sky Alloys & Power IPO total issue size comprises 1,78,91,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 1,60,84,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 18,07,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 4,83,73,451, which will increase to 6,44,57,451 post-issue.

The Lead Managers for Sky Alloys & Power IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Gretex Corporate Services Limited, Arihant Capital Markets Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Sky Alloys & Power Limited DRHP.

Sky Alloys & Power IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
48373451
Share holding post issue
64457451
Total Issue Size
1,78,91,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
1,60,84,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
18,07,000 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
Filed With SEBI

Sky Alloys & Power IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Sky Alloys & Power IPO Reservation

Promoter Holding

Pre Issue:72.33%
Post Issue:-
Promoter Names:
Ravi Singhal, Sandeep Agrawal, Nisha Singhal

Documents

Sky Alloys & Power IPO Valuations

ROE:27.83%
ROCE:19.01%
DEBT/EQUITY:1.24
RONW:27.83%
PAT MARGIN:6.48%

Sky Alloys & Power Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets524.08388.08285.75
Total Income821.09631.23555.47
Profit After Tax53.0544.9737.56
EBITDA110.3190.7978.63
NET Worth217.11164.14120.10
Reserves and Surplus170.5994.8850.84
Total Borrowing269.71178.58132.10
Amount in ₹ Crore

About Sky Alloys & Power IPO

Incorporated in 2009, Sky Alloys and Power Limited is a steel manufacturing company engaged in the production of Sponge Iron, Mild Steel (MS) Billets, Ferro-Alloy products (such as Silico Manganese), and TMT Bars. The company operates an integrated manufacturing facility located at Village Temtema, Post Robertson, Tehsil Kharsia, District Raigarh, Chhattisgarh.

The company began its operations with the installation of its first Direct Reduced Iron (DRI) plant in Raigarh, Chhattisgarh. Its product portfolio serves both intermediate and end-use markets. Intermediate products like Sponge Iron and MS Billets are sold primarily through a Business-to-Business (B2B) model, catering to other steel manufacturers and industrial clients.

For its flagship value-added product, “SKY TMT” bars, the company follows a dealer and agent-based distribution strategy, without formal long-term agreements, to strengthen its retail market presence.

As of March 31, 2025, Sky Alloys and Power Limited employed 778 permanent employees and 250 contract workers, supporting its manufacturing and operational activities.

Strength Of Sky Alloys & Power IPO

To be announced

Risk Of Sky Alloys & Power IPO

To be announced

Objectives Sky Alloys & Power IPO

1. Funding part of the capital expenditure requirements towards setting-up of Solar Power Project.

2. Repayment and/or pre-payment, of borrowings; and

3. General corporate purposes

Company Contact Details

Sky Alloys & Power Ltd.
House No 16
Recreation Road
Choubey Colony
Raipur, Chhattisgarh, 492001
Phone: +91 77 14046097
Email: compliance@skyalloys.co.in
Website: http://www.skyalloys.co.in/

Registrar Contact Details

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

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