EarthStahl & Alloys IPO Details: EarthStahl & Alloys IPO Date is certain, the IPO open on 27.01 and closes on January 31, 2023. EarthSteel & Alloys is included BSE SME IPO to raise ₹ 12.96 crores about IPO. EarthSteel & Alloys IPO price range is fixed at £38 to £40 with a market lot 3000 shares.
The company was founded in 2009 and is based in Chhattisgarh. They are manufacturers of cast iron nuggets and ductile iron pipe fittings. Their manufacturing facility is located in the village of Duldula near Raipur, Chhattisgarh.
Earth Steel & Alloys Limited manufactures a variety of castings with different chemistries and sizes as per end use requirements including DI castings / steel castings / alloy castings. We can manufacture various parts of Pellet Plant, Cement Plant, Sponge Iron Plant, Power Plant, Sinter Plant, Automobile, Railway, Mining, Engineering Articles, Pipes and Fittings, Agricultural Equipment, etc.
Objects of the output:
- Financing of investments to change the power supply voltage from 33 KV to 132 KV at the production facility in Village Duldula, Baloda Bazar (CG).
- To meet working capital requirements.
- General corporate purpose.
- to cover expenses.
Review of EarthStahl & Alloys IPO
| date | GMP | Kostak | Subject to |
| January 25th | €15 | €- | €- |
EarthSteel & Alloys IPO date and price band details
| IPO open: | January 27, 2023 |
| Close IPO: | January 31, 2023 |
| IPO size: | Approx ₹12.96 crores, 32.40,000 shares |
| face value: | €10 Per equity share |
| IPO price range: | £38 to £40 Per equity share |
| Stock exchange listing on: | BSE SMEs |
| Retail Quota: | 35% of net supply |
| QIB rate: | 50% of net supply |
| NII rate: | fifteen% of net supply |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
EarthStahl & Alloys IPO Market Lot
The minimum market lot for the EarthStahl & Alloys IPO is 3,000 shares with an application amount of ₹120,000.
| application | batch size | shares | Height |
| retail minimum | 1 | 3000 | £120,000 |
| retail maximum | 1 | 3000 | £120,000 |
| S-HNI minimum | 2 | 6000 | £240,000 |
EarthStahl & Alloys IPO dates
EarthStahl & Alloys IPO date is January 27th and the closing date of the IPO is January 31st. The IPO grant date is February 3 and the IPO could be listed on February 8.
| IPO opening date: | January 27, 2023 |
| IPO Closing Date: | January 31, 2023 |
| Allocation basis: | February 3, 2023 |
| Refunds: | February 6, 2023 |
| Credit to Demat account: | February 7, 2023 |
| Date of listing: | February 8, 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
EarthStahl & Alloys IPO Form
How to apply EarthStahl & Alloys IPO? You can apply for EarthStahl & Alloys IPO through ASBA in your bank account. Just go to online bank login and apply through your bank account by selecting EarthStahl & Alloys IPO in Invest section. In the other option, you can apply for EarthStahl & Alloys IPO through IPO forms downloaded from the BSE website. Check out the EarthStahl & Alloys forms – click Download BSE IPO Forms, fill them out and submit to your bank or broker.
Financial Report of EarthStahl & Alloys Company
| ₹ in crores | |||
| Year | revenue | effort | BEAT |
| 2020 | £31.82 | €32.18 | –€0.33 |
| 2021 | £24.58 | ₹21.15 | £2.67 |
| 2022 | ₹49.08 | €38.18 | ₹7.45 |
| 2023 9M | £48.25 | ₹40.42 | ₹5.80 |
EarthStahl & Alloys IPO Rating – FY2022
Check EarthStahl & Alloys IPO valuation details such as Earnings Per Share (EPS), Price to Earnings P/E, Net Yield (RoNW) and Net Asset Value (NAV).
| Earnings per share (EPS): | €8.28 per common share |
| Price-Earnings-P/E: | THE |
| Return on Net Worth (RoNW): | 70.53% |
| Net Asset Value (NAV): | £11.74 per common share |
peer group
- Ravi Thakurdasji Laddha
- Rajesh Somani
- Pravin Somani
- Padam Kumar Jain
EarthStahl & Alloys IPO Registrar
Bigshare Services Pvt Ltd
Telephone: +91-22-6263 8200
E-mail: [email protected]
Website: http://www.bigshareonline.com
EarthStahl & Alloys IPO Allotment Status
Check EarthStahl & Alloys IPO allotment status on Bigshare website URL. Click here
IPO Lead Manager of EarthStahl & Alloys
company address
EarthSteel & Alloys Limited
Merlin Jayshree Vihar, Mohani 5B,
Pandri Tarai, Mandi Gate Raipur,
Chhattisgarh-492001
Tel: +91-8120009626
E-mail: [email protected]
Website: www.earthstahl.com
Frequently asked questions about the EarthStahl & Alloys IPO
What is the EarthStahl & Alloys IPO?
The EarthStahl & Alloys IPO is a BSE IPO for SMEs. You will raise ₹12.96 crores through the IPO. The issue costs ₹38 to ₹40 per share. The IPO is to be listed on the BSE.
When will the EarthStahl & Alloys IPO open?
The IPO is scheduled to open on January 27, 2023 for NII and retail investors.
What is EarthStahl & Alloys IPO investor share?
The investor share is 50% for QIB, 15% for NII and 35% for Retail.
How to Apply EarthSteel & Alloys IPO?
You can apply for EarthStahl & Alloys IPO via ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How do I apply for the EarthStahl & Alloys IPO through Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “EarthStahl & Alloys”. Click on the bid button. Enter your UPI ID, quantity and price. Submit IPO application form. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.
How do I apply for the EarthStahl & Alloys IPO through Upstox?
Login to the Upstox application with your credentials. Select the IPO. You will see the IPO name “EarthStahl & Alloys”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How do I apply for the EarthStahl & Alloys IPO via Paytm Money?
Log in to the Paytm Money application with your credentials. Select the IPO. You will see the IPO name “EarthStahl & Alloys”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is the EarthStahl & Alloys IPO size?
EarthStahl & Alloys IPO size is ₹12.96 crores.
What is EarthStahl & Alloys IPO price band?
EarthStahl & Alloys’ IPO price range is between £38 and £40 per share.
What is the minimum and maximum lot size for EarthStahl & Alloys IPO?
The IPO bid is 3000 shares at £120,000.
What is EarthStahl & Alloys’ IPO grant date?
The grant date for the EarthStahl & Alloys IPO is February 3, 2023.
What is the EarthSteel & Alloys public listing date?
EarthStahl & Alloys’ IPO listing date is February 8, 2023. The IPO is scheduled to be listed on BSE SME. Note: EarthStahl & Alloys IPO details are officially announced. The IPO gray market premium (EarthStahl & Alloys IPO Premium) will be updated on the respective page. Visit our IPO gray market page for daily updates.)
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