Incorporated in 2009, Earthstahl & Alloys Limited is engaged in the business of manufacturing Cast Iron Lumps and Ductile Iron Pipe Fittings. The Cast Iron Lumps manufactured by the company are then used in the form of raw material to manufacture products like cast iron pipe fittings, machine components such as latche machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fitting and other units engaged in manufacturing of steel or cast iron products.
The other primary product of the company, i.e., Ductile Iron Pipe Fittings are used in public water supply systems as connectors of pipes.
The manufacturing unit of Earthstahl & Alloys Limited is located in the village of Duldula nearby Raipur, Chhattisgarh, and is spread across an area of around 4.73 hectares of land.
Alongside the efficient manufacturing and delivery of Cast iron Lumps and Ductile iron pipe fittings, the entity is also expanding its horizon by producing parts or components of plant and machinery with the help of foam molds. These products include Pellet plants, Cement plants, Sponge iron plants, Power plants, Automobile Sector, and Railway & Ductile Iron Pipes Fittings.
| Date | GMP | Kostak | Subject To Sauda | |
| 27 January 2023 | ₹15 | ₹- | ₹- | |
| 26 January 2023 | ₹15 | ₹- | ₹- | |
| 25 January 2023 | ₹15 | ₹- | ₹- |
Earthstahl & Alloys SME IPO Date & Price Band.
| IPO Open: | Jan 27, 2023 |
| IPO Close: | Jan 31, 2023 |
| IPO Size: | ₹12.96 Crores |
| Price Band: | ₹38 to ₹40 per share |
| Listing on: | BSE SME |
| Retail Portion: | 35% of the Net Issue |
| Equity: | 3,240,000 shares |
| Face Value: | ₹10 per share |
Earthstahl & Alloys SME IPO Market Lot
The Earthstahl & Alloys IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).
Shares: Minimum 3000 share
Minimum Amount: ₹120,000
Maximum Amount: ₹120,000
Earthstahl & Alloys SME IPO Allotment & Listing:
- Basis of Allotment: Feb 3, 2023
- Refunds: Feb 6, 2023
- Credit to Demat accounts: Feb 7, 2023 Advertisement
- Listing: Feb 8, 2023
Earthstahl & Alloys SME IPO Form
How to apply EarthStahl Alloys IPO? You can apply EarthStahl Alloys IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the EarthStahl Alloys IPO in the Invest section. The other option you can apply EarthStahl Alloys IPO via IPO forms download via the BSE website. Check out the EarthStahl Alloys forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Earthstahl & Alloys SME Company Financial Report
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
| 31-Mar-20 | 2990.73 | 3181.58 | -33.49 |
| 31-Mar-21 | 2817.23 | 2457.53 | 267.31 |
| 31-Mar-22 | 3592.61 | 4907.54 | 745.48 |
Earthstahl & Alloys SME IPO Valuation – FY2022
| Earning Per Share (EPS): | ₹8.28 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 70.53% |
| Net Asset Value (NAV): | ₹11.74 per Equity Share |
Peer Group
- NA
Company Promoters
- Ravi Thakurdasji Laddha
- Rajesh Somani
- Prawin Somani
- Padam Kumar Jain
Earthstahl & Alloys SME IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Company Address
Earthstahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B,
Pandri Tarai, Mandi Gate,
Raipur- 492001
Phone: +91-8120009626
Email: [email protected]
Website: http://www.earthstahl.com/
Quick Links:
About Earthstahl & Alloys SME IPO
–
Read Also
Earthstahl & Alloys SME Allotment Status
Earthstahl & Alloys SME IPO Listing Date Earthstahl & Alloys SME IPO Subscription (Live)
Objects of the Issue:
- Financing the expenditure for opening new stores.
- To repay of short term borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses
Earthstahl & Alloys SME IPO FAQs
What is Earthstahl & Alloys SME IPO Open Date for QIB, NII, and Retail?
Earthstahl & Alloys SME IPO will open on Jan 27, 2023
Earthstahl & Alloys SME IPO Size?
Earthstahl & Alloys IPO size is Approx ₹12.96 Crores
Earthstahl & Alloys SME IPO Price Band?
Earthstahl & Alloys SME IPO Price Band is ₹38 to ₹40 per share
Earthstahl & Alloys SME IPO Minimum Lot Size?
The minimum bid is 3000 Shares with a ₹120,000 Minimum Lot Size.
What is Earthstahl & Alloys SME IPO Allotment Date?
Earthstahl & Alloys SME IPO allotment date is Feb 3, 2023
What is Earthstahl & Alloys SME IPO Listing Date?
Earthstahl & Alloys SME IPO listing date is Feb 8, 2023. The IPO is to list on BSE SME.