Adishakti Loha and Ispat Limited IPO
BSE SMEListed On: Oct 13, 2021 at ₹ 12.00
₹ 220000 /20000 Shares
*Min Investment
30 Sep, 2021
Open Date05 Oct, 2021
Close Date11 Oct, 2021
Allotment Date13 Oct, 2021
Listing DateIPO Issue Details
- Issue Price ₹11 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,820,000 Eq Shares of ₹10(aggregating up to ₹2.00 Cr)
- Listing at BSE SME
- List Price 12.00
- Listing Date 2021-10-13
- Lead Manager Turnaround Corporate Advisors Private Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Documents
IPO Details
Adishakti Loha and Ispat Limited IPO is an SME IPO, priced at ₹11 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 30, 2021 to Oct 5, 2021. The allotment is expected to be finalized on Oct 11, 2021, and the tentative listing date is Oct 13, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And 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
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|
About 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%
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. You can track the real-time subscription numbers using the links below:
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 Adishakti Loha and Ispat Limited IPO price band is set between ₹11 per equity share.
Ans. To apply for Adishakti Loha and Ispat Limited 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 Adishakti Loha and Ispat Limited IPO allotment status online.
