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Sky Alloys And Power Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of 1,78,91,000 Shares. The offering comprises a fresh issue component of 1,60,84,000 Shares.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
Incorporated in 2009, Sky Alloys and Power Limited is a steel manufacturing company producing Sponge Iron, Mild Steel (MS) Billets, Ferro-Alloy products like Silico Manganese, and TMT Bars. Based in Raigarh, Chhattisgarh, the company operates an integrated manufacturing facility and began with its first Direct Reduced Iron (DRI) plant. Its products cater to both intermediate and end-use markets, with Sponge Iron and MS Billets supplied through a B2B model, while “SKY TMT” bars are sold via dealers and agents to build retail reach. As of March 31, 2025, the company employed 778 permanent and 250 contract workers.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Ravi Singhal
- Sandeep Agrawal
- Nisha Singhal
Sky Alloys And Power Limited

