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Adishakti Loha and Ispat Limited IPO

Adishakti Loha and Ispat Limited IPO

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Listed Price: ₹ 12.00 (+9.09%)

Adishakti Loha and Ispat Limited's has transitioned to a publicly listed entity following its IPO debut on 13-10-2021 at the BSE exchange. The public offering successfully raised 18,20,000 Shares, consisting of TBDin new capital.

The IPO featured a competitive price range of ₹11 to ₹11 and minimum application size of 10000 shares. Market reception was evidenced through subscription activity between 30-09-2021 and 05-10-2021, reflecting investor appetite for the offering.

Allotment of shares was completed on 11-10-2021, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Adishakti Loha IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Adishakti Loha IPO Key Performance Indicator
Company Financials ( In Lakhs )

Adishakti Loha IPO About Company

Adishakti Loha and Ispat Limited is a metal trading company focused primarily on iron and steel. Operating on a B2B model, the company procures goods based on orders without maintaining inventory, supplying products directly from suppliers to customers. Its management has built strong trust with corporate clients, and the company currently serves a select group of clients.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Adishakti Loha IPO Strength Factors

Strong Promoter Network: Well-connected with Delhi’s trading community.

Experienced Management: Led by a qualified and skilled team.

Repeat Business: Maintains ongoing relationships with existing clients.


Adishakti Loha IPO Risk Factors

NA


Adishakti Loha IPO Lead Manager(s)

  • Turnaround Corporate Advisors Private Limited

Adishakti Loha IPO Promoter(s)

  1. Mr. Pawan Kumar Mittal

Adishakti Loha IPO Company Details

Adishakti Loha and Ispat Limited
Phone:
address:

Adishakti Loha IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Adishakti Loha IPO FAQs