Adishakti Loha and Ispat Limited IPO

BSE SME

Listed On: Oct 13, 2021 at ₹ 12.00

₹ 110000 /10000 Shares

Check Allotment

IPO Details

30 Sep, 2021

Open Date

05 Oct, 2021

Close Date

11 Oct, 2021

Allotment Date

13 Oct, 2021

Listing Date

Issue Price

₹11 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

12.00

Listing Date

2021-10-13

Market Lot

10000 Shares (₹110,000/-)

Lead Manager

Turnaround Corporate Advisors Private Limited

Issue Size

1,820,000 Eq Shares of ₹10(aggregating up to ₹2.00 Cr)

Retail Portion

N/A

Subscription

1.84 times

IPO Docs

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	8,60,000	8,60,000	17,20,000
Day 1 - 30-09-21 06:00 PM	0.12 x	0.23 x	0.17 x
Day 2 - 01-10-21 06:00 PM	0.12 x	0.83 x	0.47 x
Day 3 - 04-10-21 06:00 PM	0.35 x	1.70 x	1.02 x
Day 4 - 05-10-21 06:00 PM	0.81 x	2.87 x	1.84 x

Valuations

Earnings Per Share (EPS)

₹0.01/-

P/E Ratio

1671.27

RoNW

0.11%

Net Asset Value (NAV) - Post Issue

₹10.97/-

Company Financials All values are in ₹ Cr.

About The Company

Adishakti Loha and Ispat Limited is engaged in the business of trading metals with its core focus on trading in Iron and Steel.
The company works on a B2B model where it procures goods on an order basis and does not maintain any inventory as the goods are supplied directly from the supplier to the customers. The company’s top management enjoys the confidence of several corporates and other clients. The company currently markets only to a selected setup of clients

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 60.07%

Company Promoter(s)

IPO - Issue Objectives

IPO - FAQs

Ans. Adishakti Loha and Ispat Limited IPO is a SME IPO. The issue is priced at ₹11 per equity share. The minimum order quantity is 10000 Shares. The IPO opens on Sep 30, 2021, and closes on Oct 5, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Adishakti Loha and Ispat Limited IPO opens on Sep 30, 2021 and closes on Oct 5, 2021.

Ans. The size of Adishakti Loha and Ispat Limited IPO is 1,820,000 Eq Shares of ₹10(aggregating up to ₹2.00 Cr).

Ans. The IPO price band is set between ₹11 per equity share.

Ans. To apply for Adishakti Loha and Ispat Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Adishakti Loha and Ispat Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Adishakti Loha and Ispat Limited IPO is Oct 11, 2021.

Ans. The Adishakti Loha and Ispat Limited IPO will be listed on Oct 13, 2021.

Ans. Follow the steps to check the allotment status for Adishakti Loha and Ispat Limited IPO here.