Sky Alloys & Power IPO Details
MAINBOARD
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 Ltd, 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
Sky Alloys & Power IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Sky Alloys & Power IPO Reservation
Promoter Holding
Documents
Sky Alloys & Power IPO Valuations
Sky Alloys & Power Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 524.08 | 388.08 | 285.75 |
| Total Income | 821.09 | 631.23 | 555.47 |
| Profit After Tax | 53.05 | 44.97 | 37.56 |
| EBITDA | 110.31 | 90.79 | 78.63 |
| NET Worth | 217.11 | 164.14 | 120.10 |
| Reserves and Surplus | 170.59 | 94.88 | 50.84 |
| Total Borrowing | 269.71 | 178.58 | 132.10 |
| 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
Risk Of Sky Alloys & Power IPO
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
Sky Alloys & Power IPO - FAQs
The Sky Alloys & Power IPO is a MAINBOARD public issue comprising 17891000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.