Earthstahl & Alloys IPO Date, GMP, Review, Price, Form & Market Lot Details

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 & Alloys IPO GMP & Grey Market Premium

Earthstahl & Alloys IPO GMP/Grey market premium has been started today. Check Latest Earthstahl & Alloys IPO GMP, Kostak Rates and Subject to Sauda Price here.

Earthstahl & Alloys IPO Prospectus

Earthstahl & Alloys IPO
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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
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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