Earthstahl & Alloys Limited IPO GMP, Review, Price, Allotment
Earthstahl & Alloys Limited IPO Important Dates:
| Opening Date | 27 January 2023 |
| Closing Date | 31 January 2023 |
| Basis of Allotment | 03 February 2023 |
| Initiation of refunds | 06 February 2023 |
| Transfer of shares to demat accounts | 07 February 2023 |
| Listing Date | 08 February 2023 |
Earthstahl & Alloys Limited IPO Details
| Earthstahl & Alloys Limited IPO Price | ₹38 to ₹40 per share |
| Lot Size | 3000 Shares |
| Minimum Amount for 1 lot | ₹1,20,000 |
| Total IPO size | ₹12.96 crore |
| Fresh Issue | 32,40,000 shares |
| Listing At | BSE SME |
| Retail Quota | 35% |
| QIB Quota | 30% |
| NII Quota | 35% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Objective of the Issue:
- Funding capital expenditure towards change in electricity supply voltage from 33 KV to 132 KV at our manufacturing facility at Village Duldula, Baloda Bazar (C.G.)
- To meet Working Capital requirements
- General Corporate Purpose
- To meet issue expenses
Company Financials:
(Amount in ₹ Lakhs)
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2,990.73 | 3,181.58 | -33.49 | 44.24 | 200.22 | 1,733.71 |
| 31-Mar-21 | 2,817.23 | 2,457.53 | 267.31 | 311.55 | 467.53 | 1,396.82 |
| 31-Mar-22 | 3,592.61 | 4,907.54 | 745.48 | 1,057.03 | 1,213.01 | 1,399.97 |
| 30-Sep-22 | 4,303.34 | 4,824.68 | 580.47 | 1,637.50 | 1,793.48 | 1,092.93 |
Company Promoters:
- Ravi Thakurdasji Laddha
- Rajesh Somani
- Prawin Somani
- Padam Kumar Jain
IPO Registrar:
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Company Contact Information:
Earthstahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B,
Pandri Tarai, Mandi Gate,
Raipur- 492001
Phone: +91-8120009626
Email: secretarial@earthstahl.com
Website: http://www.earthstahl.com/
IPO Offer Lead Manager:
Hem Securities Limited
Earthstahl & Alloys Limited IPO GMP today
| Earthstahl & Alloys Limited IPO grey market premium | Subject to Sauda | Listing Gain |
| ₹18 | – | – |
Earthstahl & Alloys Limited IPO Review:
| What our experts say about Earthstahl & Alloys Limited IPO | APPLY |
Earthstahl & Alloys Limited IPO Subscription Status live:
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 39.83 |
| Non-Institutional Buyers | 445.09 |
| Retail Investors | 191.77 |
| Employees | – |
| Others | – |
| Total | 235.18 |
Earthstahl & Alloys IPO Subscription Details (times)
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 Jan 27, 2023 | 2.58 | 5.46 | 9.61 | 6.05 |
| Day 2 Jan 30, 2023 | 4.26 | 16.32 | 43.17 | 22.13 |
| Day 3 Jan 31, 2023 | 39.83 | 445.09 | 191.77 | 235.18 |
Earthstahl & Alloys Limited IPO Allotment Status:
| Check Earthstahl & Alloys Limited IPO Allotment Status | Click Here |
Earthstahl & Alloys Limited IPO Listing Price:
| IPO Price Band | ₹40.00 |
| Open | ₹55.00 |
| Low | ₹52.50 |
| High | ₹57.75 |
| Close | ₹57.75 |
FAQ:
When will Earthstahl & Alloys Limited IPO open for subscription?
Earthstahl & Alloys Limited IPO is set to open on 27 January 2023.
What is Earthstahl & Alloys Limited IPO Price Band?
Earthstahl & Alloys Limited IPO Price Band is ₹38 to ₹40 per share.
What is the lot size of Earthstahl & Alloys Limited IPO?
The lot size of Earthstahl & Alloys Limited IPO is 3000 Shares per lot.
What is the issue size of Earthstahl & Alloys Limited IPO?
Earthstahl & Alloys Limited IPO issue size is ₹12.96 crore.
What is the last date to apply for Earthstahl & Alloys Limited IPO?
The last date to apply for Earthstahl & Alloys Limited IPO is 31 January 2023.
What is the Earthstahl & Alloys Limited IPO Allotment Date?
The allotment Date for Earthstahl & Alloys Limited IPO is 03 February 2023.
What is the Earthstahl & Alloys Limited IPO listing date?
The listing Date for Earthstahl & Alloys Limited IPO is 08 February 2023.
Earthstahl & Alloys Limited IPO should I buy?
Yes, you should apply for Earthstahl & Alloys Limited IPO.
How to apply for Earthstahl & Alloys Limited IPO through 5 Paisa?
- Login to your 5paisa account and select “Earthstahl & Alloys Limited IPO” in the current IPO section.
- Enter the number of lots and the price at which you wish to apply for the IPO.
- Enter your UPI ID and click on submit.
- You will receive a mandate notification to block funds in your UPI app.
- Approve the mandate request on your UPI and funds will be blocked
