The Earthstahl & Alloys IPO has begun on 27 Jan 2023. It will close on 31 Jan 2023. The Total IPO Size is 12.96 Crore. The company set its IPO price is 40 Rs Per Share. Basically, there are Three basic categories in Earthstahl & Alloys IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs) 3) QIB.
Earthstahl & Alloys is established in 2009.
Earthstahl & Alloys is engaged in the business of manufacturing Cast Iron Lumps and Ductile Iron Pipe Fittings. Cast Iron Lumps are used as raw material in the steel foundries to manufacture products like: cast iron pipe fittings, machine components such as latche machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fitting and other units engaged in manufacturing of steel or cast iron products. Ductile Iron Pipe Fittings are used in public water supply systems as connectors of pipes.
The manufacturing unit is located in the village Duldula about 50 KMs from Raipur, Chhattisgarh.
Check :- Upcoming SME IPO 2023
Peers Companies
There are no listed companies in India that are engaged in a business simila.
Earthstahl & Alloys IPO Promotors
1) Ravi Thakurdasji Laddha
2) Rajesh Somani
3) Prawin Somani
4) Padam Kumar Jain
Earthstahl & Alloys IPO Date, Details & Price Band
| IPO Opening Dates | 27 JAN 2023 |
| IPO Closing Dates | 31 JAN 2023 |
| Price Band | 38-40 Rs Per Share |
| Fresh issue | 12.96 Crore |
| Offer for Sale | NIL |
| Total IPO size | 12.96 Crore |
| Minimum bid (lot size) | 3000 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 35% |
| Non-Institutional | 35% |
| QIB | 30% |
| Listing On | BSE SME |
Earthstahl & Alloys IPO Market Lot
The Earthstahl & Alloys IPO minimum market lot is 3000 shares With 1,20,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 3000 | 1,20,000 Rs |
| Maximum | 1 | 3000 | 1,20,000 Rs |
| S-HNI (Min) | 2 | 6000 | 2,40,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | EPS | NAV | |
| 31-Mar-22 | 3592.61 | 4907.54 | 56.69 | 8.28 | 11.74 |
| 31-Mar-21 | 2817.23 | 2457.53 | 267.31 | 2.97 | 3.46 |
| 31-Mar-20 | 2990.73 | 3181.58 | -33.49 | (0.37) | 0.49 |
Earthstahl IPO GMP Grey Market Premium
Earthstahl & Alloys IPO GMP Grey market premium has been started today. Check Latest Earthstahl IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Earthstahl & Alloys IPO Prospectus
| RHP | Download |
Earthstahl & Alloys IPO Reviews
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Earthstahl & Alloys IPO Form Download
Earthstahl & Alloys IPO is available on BSE Website as well as on our Portal. Please click here Earthstahl & Alloys IPO form Download.
Earthstahl & Alloys IPO Allotment Date & Details
| Allotment Date | 03 Feb 2023 |
| Initiation of refunds | 06 Feb 2023 |
| Transfer of shares to Demat accounts | 07 Feb 2023 |
| Listing Date | 08 Feb 2023 |
| Check Allotment Status | Click here |
Registrar of Earthstahl & Alloys IPO
BIGSHARE SERVICES PRIVATE LIMITED
Address: S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400093, India.
Tel No.: +91 22 6263 8200
Facsimile: +91 22 6263 8299
Email: [email protected]
Contact Person: Mr. Babu Rapheal
Website: www.bigshareonline.com
SEBI Registration Number: MB/INR000001385
Earthstahl & Alloys Contact Details
Earthstahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B,
Pandri Tarai, Mandi Gate,
Raipur- 492001
Phone: +91-8120009626
Email: [email protected]
Website: http://www.earthstahl.com/
Earthstahl & Alloys IPO Lead Managers
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.hemsecurities.com
Contact Person : Mrs. Roshni Lahoti
SEBI Regn. No. INM000010981