EarthStahl & Alloys IPO GMP, Lot Size, Price, Allotment Date
We timely update you regarding the IPO allotment dates of multiple companies; today, the news is about the iron-related company. Read the article to know better about the EarthStahl & Alloys IPO GMP, Lot Size, Price, Allotment Date and other details are provided here.
EarthStahl & Alloys IPO GMP
The EarthStahl & Alloys company has recently shared the IPO allotment date. Those who are interested shall know that it is from 27th Jan 2023. The official notice is placed on the leading portal. Where you can get details information regarding the IPO GMP of the company.
|
Important Links |
The company’s plant is located in the village of Duldula which is in Chhattisgarh. It was established in 2009. It is a leading company in the making of cast iron lumps, ductile iron fittings; manhole covers and much more.
EarthStahl & Alloys Lot Size
The lot size of the EarthStahl & Alloys company is around 3000 shares. Please check the table below, where more information is listed.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| HNI (Min) | 2 | 6,000 | ₹240,000 |
The EarthStahl & Alloys company’s unit of manufacturing is located near Raipur and is spread vastly around 4.73 hectares.
EarthStahl & Alloys Price
The company has stated its purpose of the allotment as well. It will utilise the amendment regarding the electric supply of its manufacturing unit. Also, to meet the expense of the issue.
| IPO Issue Dates | 27 January 2023 to 31 January 2023 |
| Listing Date | [.] |
| Face Value | Rs 10 each share |
| Price range | Rs 38 to Rs 40 per share |
| Company’s Lot Size | 3000 Shares |
| Issue Size | 3,240,000 shares of ₹10 (aggregating up to ₹12.96 Cr) |
| Fresh Issue | 3,240,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| QIB Shares Offered | 30% of the Net Issue |
| NII (HNI) Shares Offered | 35% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
| Market Maker | HEM SECURITIES LTD. |
| Company Promoters | Ravi Thakurdasji Laddha, Rajesh Somani, Prawin Somani and Padam Kumar Jain are the company’s promoters. |
Another factor they added was the general corporate factor.
- Baheti Recycling Industries Limited IPO GMP
- Uniparts India IPO GMP
- Dharmaj Crop Guard IPO GMP
- Fusion Microfinance IPO Subscription Status
- Five Star Business Finance IPO GMP
EarthStahl & Alloys Allotment Date
Those who are going to buy the shares shall mark the IPO allotment dates. The company will be providing the activity related to the IPO on the below-mentioned dates.
| Event | Tentative Date |
|---|---|
| Opening Date | Jan 27, 2023 |
| Closing Date | Jan 31, 2023 |
| Basis of Allotment | Feb 3, 2023 |
| Initiation of Refunds | Feb 6, 2023 |
| Credit of Shares to Demat | Feb 7, 2023 |
| Listing Date | Feb 8, 2023 |
To gather more facts regarding the company’s overall performance and growth, you can visit the site, or you can also contact the company person through the contact information provided there.
EarthStahl & Alloys’ Finance
The following table will inform you about the overall growth and development of the company. This will help you decide better regarding the investment in the company.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2990.73 | 3181.58 | -33.49 | 44.24 | 200.22 | 1733.71 |
| 31-Mar-21 | 2817.23 | 2457.53 | 267.31 | 311.55 | 467.53 | 1396.82 |
| 31-Mar-22 | 3592.61 | 4907.54 | 745.48 | 1057.03 | 1213.01 | 1399.97 |
| 30-Sep-22 | 4303.34 | 4824.68 | 580.47 | 1637.5 | 1793.48 | 1092.93 |
Those who are unaware of the process to apply shall ask the advice of the experts and do accordingly. The option to use UPI and net banking is also available. You can apply through SBI Bank, Nuama, ICIC Bank etc.
Keep visiting MPHP.in to know the latest information and connected details. Also, type your questions in the comment area, and we will help you out.
We generally provide information about Education, Elections, Entertainment, Exam dates, Festivals, Finance, Gaming, Global News, Health and others as well.
Click here to go back to the home page.