Adishakti Loha and Ispat IPO is all set to make its debut on 30th Sept 21 with 2Cr is engaged in the business of trading metals with its core focus on trading in Iron and Steel.
Adishakti Loha and Ispat IPO – overview
| IPO Dates | 30 sept –5 Oct 2021 |
| IPO Price | INR 11 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,820,000 shares (INR 2 crore) |
| Minimum bid (lot size) | 10000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
Adishakti Loha and Ispat Limited is engaged in the business of trading metals with its core focus on trading in Iron and Steel.
The company works on a B2B model where it procures goods on an order basis and does not maintain any inventory as the goods are supplied directly from the supplier to the customers. The company’s top management enjoys the confidence of several corporates and other clients. The company currently markets only to a selected setup of clients.
Competitive Strengths
- Company’s promoters have strong network with the trading community of Delhi.
- Experienced and qualified management team.
- Repeat business from existing client.
Objectives of the issue
- Prepayment/Repayment of certain debt facilities availed by our company.
- To Meet Working Capital requirements.
- General Corporate purposes.
Company Financials
| Particulars | 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 |
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/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Lead Manager(s)
- Turnaround Corporate Advisors Private Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
