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.
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
| Particulars | For the year/period ended (₹ in Millions) | ||
|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 93.57 | 0.46 | 0.21 |
| Total Revenue | 109.49 | 0.27 | NA |
| Profit After Tax | (0.21) | 0.19 | 0.04 |
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 Details
| IPO Opening Date | Sep 30, 2021 |
| IPO Closing Date | Oct 05, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹11 per equity share |
| Market Lot | 10000 Shares |
| Min Order Quantity | 10000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,820,000 Eq Shares of ₹10 (aggregating up to ₹2.00 Cr) |
Adishakti Loha and Ispat IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 10000 | ₹110,000 |
| Maximum | 1 | 10000 | ₹110,000 |
Adishakti Loha and Ispat IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 60.07% |
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 Website: http://adishaktiloha.com/ |
Adishakti Loha and Ispat IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://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 []. |
