KVSP EarthStahl & Alloys IPO GMP, Date, Price, Review, Allotment – IPO Watch
Written by Lucky Wilson | KJMM.COM on January 31, 2023
EarthStahl & Alloys IPO Details: EarthStahl & Alloys IPO date is fixed, The IPO will open on January 27 and will close on January 31, 2023. EarthStahl & Alloys is a BSE SME IPO to raise ₹12.96 crores via IPO. The EarthStahl & Alloys IPO price band is fixed at ₹38 to ₹40 with a market lot of 3000 shares.
The company was incorporated in 2009 based in Chhattisgarh. They are manufacturer of Cast Iron Lumps and Ductile Iron Pipe Fittings. Their manufacturing plant is located in the village of Duldula nearby Raipur, Chhattisgarh.
Earth Stahl & Alloys Limited produce a verity of castings with different chemical compositions and sizes as per end use requirement including DI Castings / Steel Castings / Alloy Castings. We can produce various partsof pellet plants, cement plants, sponge iron plants, power plants, Sinter Plant, Automobile, Railway, Mining, Engineering items, pipes and fittings, Agriculture Equipment etc.
Objects of the Issue:
- Funding capital expenditure towards change in electricity supply voltage from 33 KV to 132 KV at the manufacturing facility at Village Duldula, Baloda Bazar (C.G.).
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet Issue Expenses.
EarthStahl & Alloys IPO Review
| Date | GMP | Kostak | Subject to |
| 31 January | ₹15 | ₹- | ₹20000 |
EarthStahl & Alloys IPO Date & Price Band Details
| IPO Open: | January 27, 2023 |
| IPO Close: | January 31, 2023 |
| IPO Size: | Approx ₹12.96 Crores, 32,40,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹38 to ₹40 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
EarthStahl & Alloys IPO Market Lot
The EarthStahl & Alloys IPO minimum market lot is 3000 shares with a ₹120,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹120,000 |
| Retail Maximum | 1 | 3000 | ₹120,000 |
| S-HNI Minimum | 2 | 6000 | ₹240,000 |
EarthStahl & Alloys IPO Dates
The EarthStahl & Alloys IPO date is January 27 and the IPO close date is January 31. The IPO allotment date is February 3 and the IPO might list on February 8.
| IPO Open Date: | January 27, 2023 |
| IPO Close Date: | January 31, 2023 |
| Basis of Allotment: | February 3, 2023 |
| Refunds: | February 6, 2023 |
| Credit to Demat Account: | February 7, 2023 |
| IPO Listing Date: | February 8, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
EarthStahl & Alloys 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 Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 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 Valuation – FY2022
Check EarthStahl & Alloys IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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
- Ravi Thakurdasji Laddha
- Rajesh Somani
- Prawin Somani
- Padam Kumar Jain
EarthStahl & Alloys IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
EarthStahl & Alloys IPO Allotment Status
Check EarthStahl & Alloys IPO allotment status on Bigshare website URL. Click Here
EarthStahl & Alloys IPO Lead Managers
Company Address
EarthStahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B,
Pandri Tarai, Mandi Gate Raipur,
Chhattisgarh – 492001
Tel No: +91-8120009626
E-mail: [email protected]
Website: www.earthstahl.com
EarthStahl & Alloys IPO FAQs
What is EarthStahl & Alloys IPO?
EarthStahl & Alloys IPO is a BSE SME IPO. They are going to raise ₹12.96 Crores via IPO. The issue is priced at ₹38 to ₹40 per equity share. The IPO is to be listed on BSE.
When EarthStahl & Alloys IPO will open?
The IPO is to open on January 27, 2023 for NII, and Retail Investors.
What is EarthStahl & Alloys IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the EarthStahl & Alloys IPO?
You can apply EarthStahl & Alloys IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the EarthStahl & Alloys IPO through Zerodha?
How to Apply the EarthStahl & Alloys IPO through Upstox?
How to Apply the EarthStahl & Alloys IPO through Paytm Money?
What is EarthStahl & Alloys IPO Size?
EarthStahl & Alloys IPO size is ₹12.96 crores.
What is EarthStahl & Alloys IPO Price Band?
EarthStahl & Alloys IPO Price Band is ₹38 to ₹40 per equity share.
What is EarthStahl & Alloys IPO Minimum and Maximum Lot Size?
The IPO bid is 3000 shares with ₹120,000.
What is EarthStahl & Alloys IPO Allotment Date?
EarthStahl & Alloys IPO allotment date is February 3, 2023.
What is EarthStahl & Alloys IPO Listing Date?
EarthStahl & Alloys IPO listing date is February 8, 2023. The IPO to list on BSE SME.
Note: The EarthStahl & Alloys IPO details are announced officially. The IPO grey market premium (EarthStahl & Alloys IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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