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Adishakti Loha & Ispat Ltd. Logo

Adishakti Loha & Ispat Ltd. IPO

Closed Fixed Price IPO BSE SME Fresh Capital
← Back to GMP
Issue Price ₹11
GMP —
Lot Size 10,000
Face Value ₹10
Issue Size 1,820,000 shares (aggregating up to ₹2 Cr)
Subscription —

IPO Timeline

Open Date30-Sep-21
Close Date5-Oct-21
Allotment-
Refund Initiation-
Demat Credit-
UPI Mandate Deadline5-Oct-21
Listing Date13-Oct-21

Category-wise Subscription

Shares offered, bid & amount
CategorySub (x)OfferedBid ForAmt (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

Issue Price / Price Band₹11
Face Value₹10
Lot Size10,000 shares
Issue Size1,820,000 shares (aggregating up to ₹2 Cr)
Issue TypeFixed Price IPO
Listing ExchangeBSE SME
Sale TypeFresh Capital
Script Code—
Net Offer to Public1,720,000 shares (aggregating up to ₹2 Cr)
Amount InCrore
Stock Price History · BSE
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Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)110,000₹110,000
Retail (Max)13130,000₹1,430,000
S-HNI (Min)14140,000₹1,540,000
B-HNI (Min)67670,000₹7,370,000
Retail1 lot(s)10,000 shares₹110,000
S-HNI2 lot(s)20,000 shares₹220,000

Shareholding Pattern

Pre-Issue Shareholding2,738,000 shares%
Post-Issue Shareholding4,558,000 shares%
Reserved for Market Maker100,000 shares (aggregating up to ₹0 Cr)

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

ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—

Grey Market Premium (GMP)

— Current 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.

Company Information

AddressPlot 3, Shop 325, DDA Community Centre, Aggarwal Plaza, Rohini, New Delhi, New Delhi, 110085