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Adishakti Loha and Ispat IPO

SME IPO Status: Closed [30th Sep 2021 to 5th Oct 2021]

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Adishakti Loha and Ispat SME IPO Review

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Adishakti Loha and Ispat IPO of Rs. 200.20 Lakh comprising a fresh issue of 18,20,000 opens for subscription on 30 Sep and closes on 5 Oct to list on the BSE SME platform. It is a fixed price IPO, the price is fixed at Rs. 11 per share, 1.1 times the face value of Rs. 10. Bids can be applied for the lot size of 10000 shares or its multiple. Check out more about Adishakti Loha and Ispat IPO i.e. important dates, tentative timeline, minimum order quantity, company financials, live subscription, allotment status, and more.

Adishakti Loha and Ispat SME IPO Details

SME IPO Issue Opening Date: 30th Sep 2021
SME IPO Issue Closing Date: 5th Oct 2021
SME IPO Issue Price: ₹11
IPO Listing At: BSE SME
IPO Category: SME
SME IPO Issue Type: Fixed price IPO
SME IPO Issue Size: ₹200.20 Lakh
Fresh Issue: 18,20,000 shares at ₹11 per share [Aggregating to ₹200.20 Lakh]
Face Value: ₹10 Per Equity Share
SME IPO Discount: NA
Market Lot: 10000 Shares
Min Retail Qty: 10000 shares (1 lot)
Max Retail Qty: 10000 shares (1 lot)
Promoter Holding Pre IPO: 99.00%
Promoter Holding Post IPO: 59.47%
BSE Code: 543377
IPO Live GMP IPO Live GMP

Adishakti Loha and Ispat SME IPO Important Dates

In this section we have covered all important dates related to Adishakti Loha and Ispat SME IPO. Dates are updated as they are announced. The most noted dates are SME IPO start date and SME IPO end date, which one should use to participate in SME IPO.

Adishakti Loha and Ispat SME IPO important dates
SME IPO Activity Date
SME IPO Issue Open 30th Sep 2021
SME IPO Issue Close 5th Oct 2021
Basis of Allotment Finalisation Date* Not Yet Announced
Refunds Initiation* Not Yet Announced
Credit of Shares to Demat Account* Not Yet Announced
SME IPO Listing Date* Not Yet Announced

* - Tentative Dates

About Company - Adishakti Loha and Ispat

Adishakti Loha and Ispat Limited are engaged in the business of trading metal products, such as Iron and Steel. Initially, the firm was engaged in the business of managing, undertaking, carrying, and engaging in real estate development, land development, and associated entities.

Incorporation Sector IPO Issue Size Website
2015 Iron & Steel Products ₹200.20 Lakh http://adishaktiloha.com/;

Adishakti Loha and Ispat SME IPO Objective

  • Meet incremental working capital requirements.
  • General corporate purposes.

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Adishakti Loha and Ispat SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 860,000 Shares
  • Retail Individual Investor: 860,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day NIIRIITotal
 # of Shares Offered860,000 (50%)860,000 (50%)1,720,000
130th Sep 2021 05:160.12x0.23x0.17x
21st Oct 2021 06:560.12x0.83x0.47x
32nd Oct 2021 10:030.12x0.83x0.47x
44th Oct 2021 05:470.35x1.70x1.02x
55th Oct 2021 06:540.81x2.87x1.84x

Adishakti Loha and Ispat Financials for past 3 Years

Past performance and financial results of Adishakti Loha and Ispat.

Adishakti Loha and Ispat financial
Adishakti Loha and Ispat Financials (₹ in Lakh) 31-Mar-2021 31-Mar-2020 31-Mar-2019
Total Assets ₹633.10 ₹935.68 ₹4.56
Total Income ₹1138.00 ₹1094.86 ₹2.70
Net Profit/Loss ₹0.33 ₹(2.14) ₹2.38

Adishakti Loha and Ispat SME IPO Strengths

  • Highly experienced and qualified managerial team.
  • Strong client and supplier relationship.
  • A very strong network of promoters in the trading community.

Adishakti Loha and Ispat SME IPO Threats/Weaknesses

  • No long-term contract with customers, thus inability to maintain it will adversely affect business growth.
  • Limited operating history available hence, investors find it difficult to evaluate historical financial performance.
  • Geographical concentration in the Delhi region and failure to expand operations may affect future growth.
  • Losses in previous fiscal years and their sustainability will adversely affect business credibility and business operations.

Adishakti Loha and Ispat SME IPO Recommendations

Adishakti Loha and Ispat SME IPO DRHP >>Document

Adishakti Loha and Ispat SME IPO RHP >>Document

Adishakti Loha and Ispat SME IPO Allotment Status >>Link

Company Address

Adishakti Loha and Ispat Limited
Plot 3, Shop 325, DDA Community Centre, Aggarwal Plaza,
Sector-14, Rohini,New Delhi-110085
India
Website: http://adishaktiloha.com/;
Phone: 91-11-27860681
Email: [email protected]

Adishakti Loha and Ispat SME IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Website: http://www.bigshareonline.com
Phone: +91-22-6263 8200
Email: [email protected]

Adishakti Loha and Ispat SME IPO Lead Manager

  1. Turnaround Corporate Advisors Private Limited
Adishakti Loha and Ispat SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Adishakti Loha and Ispat? Should I apply in Adishakti Loha and Ispat SME IPO?

Last Updated on 2021-10-18T09:56:50+00:00


User Reviews

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5. TATHAPI 9/27/2021 8:42:15 AM Reply
Adishakti Loha and Ispat SME IPO expected listing gain.
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4. Abbey Philip 9/27/2021 8:42:15 AM Reply
Please confirm Adishakti Loha and Ispat SME IPO GMP (grey market premium) and kostak.
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3. Solanki Jitendra Dhirabhai 9/27/2021 8:42:15 AM Reply
Adishakti Loha and Ispat SME IPO good or bad.
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2. RAVIKUMAR SHUKLA 9/27/2021 8:42:15 AM Reply
Adishakti Loha and Ispat SME IPO whether to invest or not.
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1. jitender kumar gupta 9/27/2021 8:42:15 AM Reply
Adishakti Loha and Ispat SME IPO - CRISIL Rating, Apply or not?.