Adishakti Loha and Ispat Limited IPO (Adishakti Loha and Ispat IPO)

Adishakti Loha and Ispat IPO 2021
Upcoming Adishakti Loha and Ispat IPO | New Adishakti Loha and Ispat IPO

Adishakti Loha and Ispat Limited are involved in the metal trade trading with a strong focus on trading Iron and Steel.

The company operates a B2B model where it purchases goods by order and does not keep inventory as the goods are delivered directly from the supplier to the customers. The top management of the company enjoys the confidence of several companies and other clients. The company is currently marketing only on selected customer preferences.

Adishakti Loha and Ispat IPO

Competitive Strengths

  • Company’s promoters have strong network with the trading community of Delhi.
  • Experienced and qualified management team.
  • Repeat business from existing client.

Company Promoters

Mr. Pawan Kumar Mittal is the company promoter.

Company Financials

ParticularsFor the year/period ended (₹ in Millions)
31-Mar-2031-Mar-1931-Mar-18
Total Assets93.570.460.21
Total Revenue109.490.27NA
Profit After Tax(0.21)0.190.04

Objects Of The Issue

The net proceed from the IPO will be utilized towards the following purposes;

  • To meet the incremental working capital requirements.
  • To meet general corporate purpose.
Adishakti Loha and Ispat IPO
Object Of The Issue

Adishakti Loha And Ispat IPO Details

IPO Opening DateSep 30, 2021
IPO Closing DateOct 05, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹11 per equity share
Market Lot10000 Shares
Min Order Quantity10000 Shares
Listing AtBSE SME
Issue Size1,820,000 Eq Shares of ₹10
(aggregating up to ₹2.00 Cr)

Adishakti Loha and Ispat IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum110000₹110,000
Maximum110000₹110,000

Adishakti Loha and Ispat IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding60.07%

Company Contact Information

Adishakti Loha and Ispat Limited

Plot 3, Shop 325,
DDA Community Centre, Aggarwal Plaza,
Rohini, New Delhi 110085

Phone: +91-11-27860681
Email: info@adishaktiloha.com
Websitehttp://adishaktiloha.com/

Adishakti Loha and Ispat IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttp://www.bigshareonline.com

Adishakti Loha and Ispat IPO FAQs

When Adishakti Loha and Ispat IPO will open?

The Adishakti Loha and Ispat IPO dates are 30 Sep 2021 To 05 Oct 2021.
What is the lot size of Adishakti Loha and Ispat IPO?

Adishakti Loha and Ispat IPO lot size and the minimum order quantity is 10000 Shares.
How to apply for Adishakti Loha and Ispat IPO?

You can apply in Adishakti Loha and Ispat IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Adishakti Loha and Ispat IPO listing date?

The Adishakti Loha and Ispat IPO listing date is not announced. The date of Adishakti Loha and Ispat IPO listing is [].