Adishakti Loha IPO description – The company is engaged in the business of trading in metals with its core focus on trading in Iron and Steel. Initially, the company was incorporated with the object of managing, undertaking, carrying on and engaging in the business of Real Estate Development, Land Development and associated activities. The company altered the main object clause of its Memorandum of Association vide shareholders resolution dated June 10, 2019, to enable it to pursue the business of trading in metals.
The company operates from its registered office located at Plot 3, Shop 325, DDA Community Centre, Aggarwal Plaza, Sector-14, Rohini, New Delhi 110085. The company has total four (4) employees on its payrolls.
Promoters of Adishakti Loha – Mr Pawan Kumar Mittal
Adishakti Loha IPO details
| Subscription Dates | 30 September – 5 October 2021 |
| Price Band | INR11 per share |
| Fresh issue | 1,820,000Â shares (INR2.0 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,820,000Â shares (INR2.0 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
More about Adishakti Loha Public Offer
Adishakti Loha IPO RHP
Adishakti Loha DRHP
Adishakti Loha IPO Allotment Status
Registrar of Adishakti Loha Offer
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road Marol, Andheri (East), Mumbai – 400059
Phone:Â +91 22 6263 8200
Email:Â [email protected]
Website:Â www.bigshareonline.com
Adishakti Loha Contact Details
Adishakti Loha And Ispat Limited
Plot 3, Shop 325, DDA Community Centre, Aggarwal Plaza
Sector-14, Rohini, New Delhi 110085
Phone:Â +91 11 27860681
Email: [email protected]
Website:Â www.adishaktiloha.com
Valuation of Adishakti Loha (as of FY2020)
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
Adishakti Loha IPO GMP Daily Trend
| Date | Adishakti Loha IPO GMP | Kostak | Subject to Sauda |
Adishakti Loha IPO Subscription Details (no. of times)
| 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 |
Adishakti Loha Offer Allotment Status
Adishakti Loha IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.Â
Listing Performance of Adishakti Loha and Ispat
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 IPO FAQs
What are investors portions in Adishakti Loha Public Offer?
Retail investors are entitled to get 50% of the shares while the other 50% shares are reserved for individual applicants other than retail investors and corporate bodies or institutions.
How to Apply in Adishakti Loha Public Offer?
The best way to apply in Adishakti Loha IPO is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Adishakti Loha Offer Size?
Adishakti Loha offer size is INR2.0 crores.
What is Adishakti Loha IPO Price Band?
Adishakti Loha Offer Price is INR11 per share.
What is the lot size of Adishakti Loha IPO?
Adishakti Loha IPO lot size and the minimum order is 10,000 shares.
