Earthstahl & Alloys SME IPO Date, GMP, Price, Review, Allotment

Incorporated in 2009, Earthstahl & Alloys Limited is engaged in the business of manufacturing Cast Iron Lumps and Ductile Iron Pipe Fittings. The Cast Iron Lumps manufactured by the company are then used in the form of raw material to manufacture products like cast iron pipe fittings, machine components such as latche machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fitting and other units engaged in manufacturing of steel or cast iron products.

The other primary product of the company, i.e., Ductile Iron Pipe Fittings are used in public water supply systems as connectors of pipes.

The manufacturing unit of Earthstahl & Alloys Limited is located in the village of Duldula nearby Raipur, Chhattisgarh, and is spread across an area of around 4.73 hectares of land.

Alongside the efficient manufacturing and delivery of Cast iron Lumps and Ductile iron pipe fittings, the entity is also expanding its horizon by producing parts or components of plant and machinery with the help of foam molds. These products include Pellet plants, Cement plants, Sponge iron plants, Power plants, Automobile Sector, and Railway & Ductile Iron Pipes Fittings.

	Date	GMP	Kostak	Subject To Sauda
	27 January 2023	₹15	₹-	₹-
	26 January 2023	₹15	₹-	₹-
	25 January 2023	₹15	₹-	₹-

Earthstahl & Alloys SME IPO Date & Price Band.

IPO Open:	Jan 27, 2023
IPO Close:	Jan 31, 2023
IPO Size:	₹12.96 Crores
Price Band:	₹38 to ₹40 per share
Listing on:	BSE SME
Retail Portion:	35% of the Net Issue
Equity:	3,240,000 shares
Face Value:	₹10 per share

Earthstahl & Alloys SME IPO Market Lot

The Earthstahl & Alloys IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).

Shares: Minimum 3000 share

Minimum Amount: ₹120,000

Maximum Amount: ₹120,000

Earthstahl & Alloys SME IPO Allotment & Listing:

• Basis of Allotment: Feb 3, 2023
• Refunds: Feb 6, 2023
• Credit to Demat accounts: Feb 7, 2023
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• Listing: Feb 8, 2023

Earthstahl & Alloys SME IPO Form

How to apply EarthStahl Alloys IPO? You can apply EarthStahl Alloys IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the EarthStahl Alloys IPO in the Invest section. The other option you can apply EarthStahl Alloys IPO via IPO forms download via the BSE website. Check out the EarthStahl Alloys forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Earthstahl & Alloys SME Company Financial Report

Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-20	2990.73	3181.58	-33.49
31-Mar-21	2817.23	2457.53	267.31
31-Mar-22	3592.61	4907.54	745.48

Earthstahl & Alloys SME IPO Valuation – FY2022

Earning Per Share (EPS):	₹8.28 per Equity Share
Price/Earning P/E Ratio:	NA
Return on Net Worth (RoNW):	70.53%
Net Asset Value (NAV):	₹11.74 per Equity Share

Peer Group

• NA

Company Promoters

• Ravi Thakurdasji Laddha
• Rajesh Somani
• Prawin Somani
• Padam Kumar Jain

Earthstahl & Alloys SME IPO Registrar

Bigshare Services Pvt Ltd

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

Company Address

Earthstahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B,
Pandri Tarai, Mandi Gate,
Raipur- 492001
Phone: +91-8120009626
Email: secretarial@earthstahl.com
Website: http://www.earthstahl.com/

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About Earthstahl & Alloys SME IPO

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Earthstahl & Alloys SME Allotment Status
Earthstahl & Alloys SME IPO Listing Date Earthstahl & Alloys SME IPO Subscription (Live)

Objects of the Issue:

• Financing the expenditure for opening new stores.
• To repay of short term borrowings.
• To meet Working Capital requirements.
• General Corporate Purpose.
• To meet issue expenses

Earthstahl & Alloys SME IPO FAQs