FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Earthstahl & Alloys SME IPO Details 2023

SME IPO Status: Listed [27th Jan 2023 to 31st Jan 2023]

Rated 3/5 by Team InvestorGain
Earthstahl & Alloys SME IPO Detail

Earthstahl & Alloys Limited offers a SME IPO issue size of 32,40,000 equity share worth of Rs 12.96 Cr. Opening for subscription from 27 Jan to 31 Jan 2023. The face value of the equity share is Rs 10 per share and the issue price band is ranged from Rs 38 - Rs 40 per share. along with the minimum lot size of 3000 shares

Check out Earthstahl & Alloys Limited IPO Review including company overview, financial, live subscription, allotment, GMP, and more.

Earthstahl & Alloys SME IPO Details

SME IPO Issue Opening Date: 27th Jan 2023
SME IPO Issue Closing Date: 31st Jan 2023
SME IPO Issue Price: ₹38-40 Per Share
DRHP: Download DRHP
RHP: Download RHP
IPO Listing At: BSE SME
Retail Quota: 35% of the Net Issue
SME IPO Issue Type: Book Build Issue
SME IPO Issue Size: ₹12.96 Cr
Fresh Issue: ₹12.96 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: TBD
Promoter Holding Pre IPO: 100.00%
Promoter Holding Post IPO: 73.53%
Allotment Status: Allotment Status
BSE Code: 543765

Earthstahl & Alloys SME IPO Important Dates

Get important updates regarding Earthstahl & Alloys SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Earthstahl & Alloys SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 3rd Feb 2023
Refunds Initiation* 6th Feb 2023
Credit of Shares to Demat* 7th Feb 2023
SME IPO Listing Date* 8th Feb 2023

* - Tentative Dates

Earthstahl & Alloys SME IPO Lots

SME IPO Activity Date
Issue Price ₹38-40
Market Lot: 3000 Shares
1 Lot Amount: ₹120000
Min HNI Lots: 6000 shares (2 lots)- ₹240000

Earthstahl & Alloys IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
08-02-2023401845000₹58 (45%)8-Feb-2023 9:07
IPO Live GMP

Zerodha Trade@20

Want to start your investment journey, join India’s Pioneer Discount Broker – ZERODHA – Free Delivery Trade, Maximum Rs 20 for F&O and Intraday, Free Direct Mutual Fund investment.Open Zerodha Account

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Earthstahl & Alloys

Earthstahl & Alloys Ltd was established in 2012. They started their operations of manufacturing cast iron in the initial years with one submerged electric arc furnace with capacity of 3.6 MVA to manufacture 10,500 tonnes p.a. of Cast iron Lumps and thereafter in the year 2017 this company forayed into the Ductile Iron Pipes fittings segment to cater to the growing water infrastructure requirements in the country for which we commissioned Lost Foam based Steel Foundry consisting of one induction furnace with two crucibles, one of 500 KG and another 1000 KG to produce Ductile iron pipe fittings of different dimensions, shapes and sizes used in water supply system.

They are using waste generated by integrated steel plants, sponge iron plants and rolling mills in our manufacturing process as raw material and recover iron from the left out waste, thus conserving the environment. The plant is located near to the source of raw material i.e. Bhilai Steel Plant of SAIL and other pellet and sponge iron plants located in Raipur and surrounding area. Strategic location of our manufacturing facility ensures our access to ferrous waste, steel scrap, pig iron (steel grade), carburizer, ferro alloys and other raw materials like: coal, coke and dolomite required in manufacturing process forming a substantial part of cost of production at a low logistic cost.

It's manufacturing facility is equipped with requisite infrastructure including machineries, testing laboratory other handling equipment to facilitate smooth manufacturing process. Ductile iron casting is highly sensitive to raw material characteristics that would help obtain the desired product quality.

Earthstahl & Alloys SME IPO Strengths

  • Strategically located manufacturing plant resulting in cost and time efficiencies
  • Environment friendly manufacturing process generating Wealth from Waste
  • Diversified Client Base and long standing relationship with our customers
  • Experienced Promoters, Board and senior management team
Incorporation Sector IPO Issue Size Website
2012 Iron & Metals ₹12.96 Cr http://www.earthstahl.com/

Earthstahl & Alloys SME IPO Objective

The company intends to utilize the proceeds of the Issue to meet the following objectives:

  1. 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.)
  2. To meet Working Capital requirements
  3. General Corporate Purpose
  4. To meet issue expenses

Our experts can help you prepare for SME IPO

Earthstahl & Alloys SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 918,000 Shares
  • Non-Institutional Investors: 1,077,000 Shares
  • Retail Individual Investor: 1,077,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered918,000 (29.88%)1,077,000 (35.06%)1,077,000 (35.06%)3,072,000
127th Jan 2023 16:592.58x5.46x9.61x6.05x
230th Jan 2023 17:014.26x16.32x43.17x22.13x
331st Jan 2023 19:0039.83x445.09x191.77x235.18x
Earthstahl & Alloys Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202990.733181.58-33.4944.24200.221733.71
31-Mar-212817.232457.53267.31311.55467.531396.82
31-Mar-223592.614907.54745.481057.031213.011399.97
30-Sep-224303.344824.68580.471637.51793.481092.93
Amount in ₹ Lakhs

Company Address

Earthstahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B, Pandri Tarai, Mandi Gate
Raipur,Chhattisgarh-492001
India
Website: http://www.earthstahl.com/
Phone: +91-8120009626
Email: [email protected]

Earthstahl & Alloys SME IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: [email protected]

Earthstahl & Alloys SME IPO Lead Manager

Earthstahl & Alloys SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Earthstahl & Alloys? Should I apply in Earthstahl & Alloys SME IPO?

Last Updated on 11-Feb-2023 20:30:08

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Earthstahl & Alloys SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Earthstahl & Alloys SME IPO with Zerodha.

Alternate approch to apply in Earthstahl & Alloys SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Earthstahl & Alloys SME IPO Review and Important Updates

Other relevant questions :

How to subscribe Earthstahl & Alloys SME IPO Zerodha? How to purchase Earthstahl & Alloys SME IPO on Zerodha? Earthstahl & Alloys SME IPO how to buy Zerodha? Earthstahl & Alloys SME IPO Zerodha apply. Earthstahl & Alloys SME IPO purchase Zerodha. Earthstahl & Alloys SME IPO with Zerodha. Earthstahl & Alloys SME IPO at Zerodha. Earthstahl & Alloys SME IPO kite Zerodha. Earthstahl & Alloys SME IPO using Zerodha. Earthstahl & Alloys SME IPO via Zerodha.

 

Apply in Earthstahl & Alloys SME IPO online

To subscribe or apply in Earthstahl & Alloys SME IPO, you can use the following methods:

Earthstahl & Alloys SME IPO Applying ModeMethodDetails
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Earthstahl & Alloys SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Earthstahl & Alloys SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Earthstahl & Alloys SME IPO. Most of the Syndicate Banks provide access to apply in Earthstahl & Alloys IPO via ASBA process. You must have your net banking access, DP ID information to apply in Earthstahl & Alloys SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Earthstahl & Alloys SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Earthstahl & Alloys SME IPO Review and Important Updates

Other relevant question on same topics are:

Where to subscribe Earthstahl & Alloys SME IPO? Where to apply for Earthstahl & Alloys SME IPO? How to subscribe Earthstahl & Alloys SME IPO online? Earthstahl & Alloys SME IPO where to apply? Where to buy Earthstahl & Alloys SME IPO online? How to buy Earthstahl & Alloys SME IPO online? How to purchase Earthstahl & Alloys SME IPO? How to get Earthstahl & Alloys SME IPO? How to book Earthstahl & Alloys SME IPO? How to invest Earthstahl & Alloys SME IPO? Earthstahl & Alloys SME IPO kaise buy kare?

 

Earthstahl & Alloys SME IPO Application is not yet available.

 

Earthstahl & Alloys SME IPO is going to be list on 08-02-2023. NSE Code for Earthstahl & Alloys is . BSE Code for Earthstahl & Alloys is 543765.

Other relevant questions:

When Earthstahl & Alloys SME IPO will be listing? Earthstahl & Alloys SME IPO NSE listing date?Earthstahl & Alloys SME IPO date of listing.Earthstahl & Alloys SME IPO BSE listing date?

 

Earthstahl & Alloys SME IPO Allotment Date is 03-02-2023.

Other relevant questions:

Earthstahl & Alloys SME IPO share allotment date?Earthstahl & Alloys SME IPO allotment date?

 


User Reviews

7. Sahil Jan 24 2023 01:52:41 PM Reply
koi mikta he nahi SME IPO
6. Pappu Pager Jan 24 2023 09:39:27 AM Reply
Please comment on this ipo whether to apply or not? What is the fundamentals and can we apply for short term / listing gain / or for long term...
6.1. CA Sachin Jan 24 2023 11:08:55 AM
Sir, Earthstahl & Alloys SME IPO is going to be good for the short team and listing gain. Day one GMP is 35%, which can go up if the market will be in a positive direction. Wait for 2 - 3 days to get experts advice, but in my opinion, I will apply.
5. Naveen  Jan 23 2023 01:30:07 AM Reply
Earthstahl & Alloys SME IPO expected listing gain.
4. Sunil Chauhan Jan 23 2023 01:30:07 AM Reply
Please confirm Earthstahl & Alloys SME IPO GMP (grey market premium) and kostak.
3. vikas twari Jan 23 2023 01:30:07 AM Reply
Earthstahl & Alloys SME IPO good or bad.
2. RUSHIKESH NAGESH SHENAVI KUNCOLIENKAR Jan 23 2023 01:30:07 AM Reply
Earthstahl & Alloys SME IPO whether to invest or not.
1. Shubham karoul Jan 23 2023 01:30:07 AM Reply
Earthstahl & Alloys SME IPO - CRISIL Rating, Apply or not?.