Earthstahl & Alloys Limited IPO Price, Review, Details

Earthstahl & Alloys Limited IPO

Earthstahl & Alloys Limited IPO (Earthstahl & Alloys Limited IPO)

Note: Earthstahl & Alloys Limited IPO is a BSE SME IPO. They are going to raise ₹12.96 Crores via IPO. The issue is a price range of ₹38 to ₹40 per Equity Share. The IPO is to be listed on BSE SME.

Earthstahl & Alloys Limited is incorporated in 2009, the company is engaged in the business of manufacturing Cast Iron Lumps and Ductile Iron Pipe Fittings. The Cast Iron Lumps manufactured by the company are then used in the form of raw material to manufacture products like cast iron pipe fittings, machine components such as latches 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.

The other primary product of the company, i.e., Ductile Iron Pipe Fittings is used in public water supply systems as connectors of pipes.

The company manufacturing unit are located in the village of Duldula nearby Raipur, Chhattisgarh, and is spread across an area of around 4.73 hectares of land.

Alongside the efficient manufacturing and delivery of Cast iron Lumps and Ductile iron pipe fittings, the entity is also expanding its horizon by producing parts or components of plant and machinery with the help of foam molds. These products include Pellet plants, Cement plants, Sponge iron plants, Power plants, Automobile Sector, and Railway & Ductile Iron Pipes Fittings.

Earthstahl & Alloys Limited IPO Financial Reports

Company Financials

Earthstahl & Alloys Limited Financial Information (Consolidated)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing
31-Mar-20 2990.73 3181.58 -33.49 44.24 200.22 1733.71
31-Mar-21 2817.23 2457.53 267.31 311.55 467.53 1396.82
31-Mar-22 3592.61 4907.54 745.48 1057.03 1213.01 1399.97
30-Sep-22 4303.34 4824.68 580.47 1637.5 1793.48 1092.93
Amount in ₹ Lakhs

 Earthstahl & Alloys Limited IPO Date & Price Band 

IPO Open: January 27, 2022
IPO Close: January 31, 2022
IPO Size: Approx ₹12.96 Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹38 to ₹40 per Equity Share
IPO Listing on: BSE SME
Retail Quota: 35%
QIB Quota: 30%
NII Quota: 35%

Earthstahl & Alloys Limited IPO Market Lot

The Earthstahl & Alloys IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
HNI (Min) 2 6,000 ₹240,000

Earthstahl & Alloys Limited IPO Allotment & Listing Dates

The IPO date is January 27 and the IPO close date is January 31, 2022. The IPO allotment date is February 03 and the Earthstahl & Alloys Limited IPO listing is on February 7, 2022.

Event Tentative Date
Opening Date Jan 27, 2023
Closing Date Jan 31, 2023
Basis of Allotment Feb 3, 2023
Initiation of Refunds Feb 6, 2023
Credit of Shares to Demat Feb 7, 2023
Listing Date Feb 8, 2023

Earthstahl & Alloys IPO Prospectus

What is the official website of Earthstahl & Alloys Limited?

Earthstahl & Alloys Limited IPO Official Website is http://www.earthstahl.com/

What is the registered address of Transvoy Logistics India Limited?

Earthstahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B,
Pandri Tarai, Mandi Gate,
Raipur- 492001
Phone: +91-8120009626
Email: secretarial@earthstahl.com
Websitehttp://www.earthstahl.com/

Earthstahl & Alloys IPO Company Promoter

Ravi Thakurdasji Laddha, Rajesh Somani, Prawin Somani, and Padam Kumar Jain are the promoters of the company.

Earthstahl & Alloys IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttp://www.bigshareonline.com

Earthstahl & Alloys IPO Lead Managers

  1. Hem Securities Limited

What is Earthstahl & Alloys IPO?

Earthstahl & Alloys Limited IPO is a BSE SME IPO. They are going to raise ₹12.96 Crores via IPO. The issue is a price range of ₹38 to ₹40 per Equity Share. The IPO is to be listed on BSE SME.

When will Earthstahl & Alloys IPO open?

The IPO will open for NII, QIB, and Retail Investors on January 20, 2022.

What are Earthstahl & Alloys IPO Investors Portion?

The investors’ portion for NII is 35%, QIB is 30% and Retail is 35%.

What is Earthstahl & Alloys IPO Size?

The IPO size is ₹12.96 crores.

What is Earthstahl & Alloys IPO Price Band?

The IPO Price range of ₹38 to ₹40 per equity share.

What is Earthstahl & Alloys IPO Minimum and Maximum Lot Size?

The Earthstahl & Alloys IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
HNI (Min) 2 6,000 ₹240,000

What is Earthstahl & Alloys Limited IPO Allotment?

The IPO allotment date is February 3, 2022.

What is Earthstahl & Alloys Limited IPO Listing?

The IPO listing date is February 08, 2022. The IPO to list on BSE SME.

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