The company is in the metal trading sector, with a primary concentration on trading in iron and steel. Initially, the firm was formed with the intention of managing, undertaking, carrying on, and engaging in the business of Real Estate Development, Land Development, and related operations. The firm amended the main aim clause of its Memorandum of Association by shareholder vote dated June 10, 2019, to allow it to pursue the business of metal dealing.
The company’s registered office is located at Plot 3, Shop 325, DDA Community Centre, Aggarwal Plaza, Sector-14, Rohini, New Delhi 110085. The firm has a total of four (4) people on its payroll.
Subscription Dates | 30 September – 5 October 2021 |
Price Band | INR11 per share |
Fresh issue | 1,820,000 shares (INR2.0 crore) |
Offer For Sale | Nil |
Total IPO size | 1,820,000 shares (INR2.0 crore) |
Minimum bid (lot size) | 3,000 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | BSE SME platform |
Particulars | For the year/period ended (₹ in Millions) | ||
31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
Total Assets | 93.57 | 0.46 | 0.21 |
Total Revenue | 109.49 | 0.27 | NA |
Profit After Tax | (0.21) | 0.19 | 0.04 |
Earnings Per Share (EPS): (INR0.46)
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): (0.71%)
Net Asset Value (NAV): INR10.94 per share
Date | Adishakti Loha IPO GMP | Kostak | Subject to Sauda |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Adishakti Loha and Ispat Limited | Oct 13, 2021 | 11 | 11.4 | 3.64% |
NSE : NA
ISIN CODE : INE0CWK01019
BSE : 543377
Dilip Davda – Avoid
IPO Opening Date: 30 September 2021
IPO Closing Date: 5 October 2021
Listing Date: 13 October 2021
Opening Price on BSE: INR12 per share (up 9.1% from IPO price)
Closing Price on BSE: INR11.4 per share (up 3.64% from IPO price)
Adishakti Loha And Ispat Limited
Plot 3, Shop 325, DDA Community Centre, Aggarwal Plaza
Sector-14, Rohini, New Delhi 110085
Phone: +91 11 27860681
Email: info@adishaktiloha.com
Website: www.adishaktiloha.com
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis
Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Category | Non-retail | Retail | Total |
Shares Offered | 860,000 | 860,000 | 1,720,000 |
Day 1 | 0.12 | 0.23 | 0.17 |
Day 2 | 0.12 | 0.83 | 0.47 |
Day 3 | 0.35 | 1.70 | 1.02 |
Day 4 | 0.81 | 2.87 | 1.84 |
The Adishakti Loha and Ispat Limited IPO is a SME IPO of ₹11 per equity share with a face value of ₹10 per equity share.
The issue size is priced at 1,820,000 Eq Shares of ₹10
(aggregating up to ₹2.00 Crore). The initial public offering (IPO) begins on Sep 30, 2021 and ends on Oct 5, 2021.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE, SME.
The Adishakti Loha and Ispat Limited IPO opens on Sep 30, 2021 and closes on Oct 5, 2021.
The Adishakti Loha and Ispat Limited IPO Market lot size is 10000 Shares and the minimum order quantity is 10000 Shares.
The finalization of Basis of Allotment for Adishakti Loha and Ispat Limited IPO will be done in [.] Oct 2021 and the allotted shares will be credited to your demat account by [.] Oct 2021. Check the Adishakti Loha and Ispat Limited IPO status.
The Adishakti Loha and Ispat Limited IPO listing date is on Wednesday, October 13, 2021.
Adishakti Loha and Ispat Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
© 2021 All rights reserved
Ask Your Query