Adishakti Loha and Ispat Limited was established in 2015 by Mr. Pawan Kumar Mittal, who is the company promoter.
Adishakti Loha and Ispat Limited operates in the metals trading sector, with a primary focus on iron and steel products. The company follows a business-to-business (B2B) model and supplies products to a selected group of corporate and other customers.
The company generally purchases products against customer orders. Therefore, it does not maintain significant inventory because suppliers deliver the goods directly to customers. This model allows Adishakti Loha and Ispat to focus on customer relationships, order execution and trading activities.
The company’s senior management has experience in the metals trading business. Furthermore, the company planned to expand its customer base and strengthen its position in the iron and steel trading segment.
Adishakti Loha and Ispat IPO Details
The Adishakti Loha and Ispat IPO opened on 30 September 2021 and closed on 5 October 2021. The company offered its shares at ₹11 per share with a face value of ₹10. The IPO raised ₹2.00 crore through a fresh issue.
| IPO Detail | Information |
|---|---|
| IPO Opening Date | 30 September 2021 |
| IPO Closing Date | 5 October 2021 |
| Issue Price | ₹11 per share |
| Fresh Issue | ₹2.00 Crore |
| Offer for Sale | NIL |
| Total Issue Size | ₹2.00 Crore |
| Minimum Bid | 10,000 Shares |
| Face Value | ₹10 per share |
| Listing | BSE SME |
Adishakti Loha and Ispat IPO Market Lot
The IPO market lot consisted of 10,000 shares. At the issue price of ₹11 per share, one lot represented an investment of ₹1,10,000.
| Lot | No. of Shares | Amount |
|---|---|---|
| Minimum | 10,000 Shares | ₹1,10,000 |
| Maximum | 10,000 Shares | ₹1,10,000 |
Adishakti Loha and Ispat Financial Performance
The supplied financial information relates to the period ended 31 March 2020.
| Financial Particulars | 31-Mar-2020 |
|---|---|
| Total Assets | ₹93.57 Million |
| Total Revenue | ₹109.49 Million |
| Profit After Tax | (₹0.21 Million) |
| EPS | Not available in supplied data |
The company reported a loss after tax of ₹0.21 million for the supplied financial period. The source data does not provide an EPS figure.
Adishakti Loha and Ispat IPO Allotment Date & Details
The Adishakti Loha and Ispat IPO allotment took place after the issue closed on 5 October 2021. The company subsequently listed its shares on the BSE SME platform on 13 October 2021.
| IPO Event | Date |
|---|---|
| Allotment Date | 8 October 2021 |
| Initiation of Refunds | 11 October 2021 |
| Transfer of Shares to Demat Accounts | 12 October 2021 |
| Listing Date | 13 October 2021 |
| Check Allotment Status | Check IPO Allotment |
Adishakti Loha and Ispat IPO Review
Adishakti Loha and Ispat entered the SME market with a B2B-focused iron and steel trading business. Its order-based model helped the company supply products without maintaining large inventories.
Investors reviewing this historical IPO should consider the company’s financial performance, customer concentration, trading-sector risks and SME-market characteristics. Since the IPO closed in October 2021, this page provides historical information rather than a current investment recommendation.
Adishakti Loha and Ispat IPO GMP
Any GMP information for Adishakti Loha and Ispat should be treated as historical grey market information because the IPO was listed in October 2021. Grey market premiums are unofficial and can differ from the actual listing price.
Check Historical IPO GMP Details
Registrar of Adishakti Loha and Ispat IPO
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Adishakti Loha and Ispat Limited Contact Details
Adishakti Loha and Ispat Limited
Plot 3, Shop 325,
DDA Community Centre, Aggarwal Plaza,
Rohini, New Delhi 110085
Phone: +91-11-27860681
Email: info@adishaktiloha.com
Website: http://adishaktiloha.com/
Adishakti Loha and Ispat IPO Lead Manager
Turnaround Corporate Advisors Private Limited
Adishakti Loha and Ispat IPO FAQ
When was Adishakti Loha and Ispat IPO listed?
Adishakti Loha and Ispat IPO was listed on 13 October 2021 on the BSE SME platform.
When was Adishakti Loha and Ispat IPO allotment?
The Adishakti Loha and Ispat IPO allotment date was 8 October 2021.
What was the Adishakti Loha and Ispat IPO price?
The issue price was ₹11 per share.
What was the lot size of Adishakti Loha and Ispat IPO?
The IPO lot size was 10,000 shares.
How much was one lot of Adishakti Loha and Ispat IPO?
One lot contained 10,000 shares. At ₹11 per share, the total lot value was ₹1,10,000.
What was the issue size of Adishakti Loha and Ispat IPO?
The total issue size was ₹2.00 crore.
What was the Adishakti Loha and Ispat IPO GMP?
GMP information for this IPO is historical because Adishakti Loha and Ispat was listed in October 2021. Grey market premiums are unofficial and do not guarantee actual listing performance.
How to check Adishakti Loha and Ispat IPO allotment?
Investors could check the IPO allotment through the registrar, Bigshare Services Pvt. Ltd.
Check Adishakti Loha and Ispat IPO Allotment
How to check Adishakti Loha and Ispat IPO subscription status?
Historical subscription information for Adishakti Loha and Ispat IPO is available on IPOWala.
How to apply for Adishakti Loha and Ispat IPO through Zerodha?
The Adishakti Loha and Ispat IPO closed in October 2021, so investors cannot apply for this IPO now. For historical reference, investors using supported brokers generally selected the IPO, entered the bid quantity and price, provided their UPI details and approved the UPI mandate.
What was the face value of Adishakti Loha and Ispat shares?
The face value was ₹10 per share.
Where was Adishakti Loha and Ispat IPO listed?
Adishakti Loha and Ispat shares were listed on the BSE SME platform.
