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Issue Open Date
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27-Jan-26
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Issue Closing Date
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29-Jan-26
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Application Money
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100
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Allotment Money
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Price Band
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61
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64
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Minimium Application No.
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4000
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Issue Size (Shares)
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2752000
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Market Lot
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1
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Objective
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We intend to utilize the proceeds of the Issue to meet the following objects:1. Funding the capital expenditure towards, mechanical and electrical works, interior work and procurement of plant and machinery for setting up a new manufacturing facility at Amravati, Maharashtra (“Proposed Unit IV”)2. General Corporate Purpose
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description
Our Company is engaged in the manufacturing supply and export of steel fiber products for industrial applications. Our product portfolio includes Loose Hook-End Steel Fiber, Glued Hook-End Steel Fiber and Flat Crimped Steel Fiber, available in various sizes and configurations for fiber-reinforced concrete applications. Additionally, we manufacture Steel Wool Fiber, which is widely utilized in the production of friction linings for brake pads and clutches. Furthermore, we trade Macro Synthetic PP Fibers under our "Durocrete" brand and operate a subsidiary, Durafloor Concrete Solution LLP, which specializes in providing tailored concrete flooring solutions. We offer comprehensive solutions that enhance the structural integrity and performance of concrete and other composite materials.We market our products under the 'Duraflex' and 'Durabond' brands, serving a diverse range of industries, including construction, engineering, warehousing, logistics, mining, infrastructure, and automotive. These products are utilized in various applications such as tunnel shotcrete, precast concrete, industrial and warehouse flooring, roads, pavements, tunnel mining, and automotive friction linings. Additionally, they are used in hydroelectric plants, road and rail tunnels, underground caverns, bridges, and highways, ensuring structural integrity. With 19 years of experience in understanding customer requirements, we remain committed to delivering high-quality, safe, and value-driven solutions.
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Promoter's Holding
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Total Share Capital
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7058352
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Offered to Public
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2752000
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Promoter's Holding (Pre-Issue)
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92.35
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Promoter's Holding (Post-Issue)
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67.9
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Address |
A 30/3/1 M I D C H. V. Nagar
Amravati,
Maharashtra,
444605
Phone : 0721-2520293/ 94/ 95
Email : info@steelfiberindia.in
Website : www.steelfiberindia.in
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
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Listed at |
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BSE
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Lead Manager |
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Hem Securities Ltd.
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Promoters |
Akash Surendra Singhai Lata Surendra Singhai Samit Surendra Singhai Surendra Fatechand Singhai
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