IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 860,000 (47%) | — | ₹95 Cr |
| Retail | — | 860,000 (47%) | — | ₹95 Cr |
| Market Maker | — | 100,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 1,820,000 (100%) | — | ₹2,002 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹110,000 |
| Retail (Max) | 13 | 130,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 670,000 | ₹7,370,000 |
Financial Statements Amount in Crore
| Metric | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 11 | 0 | — |
| Profit After Tax | 0 | 0 | 0 |
| Total Assets | 9 | 0 | 0 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet the incremental working capital requirements – 1.69
- 2 General Corporate Purpose – 0.08
Company Overview
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.
Competitive strengths
- Company’s promoters have strong network with the trading community of Delhi.
- Experienced and qualified management team.
- Repeat business from existing client.