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Home All IPOs Earthstahl & Alloys Ltd IPO
Earthstahl & Alloys Ltd IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹40
Issue Price
₹40
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹40
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹120,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
27 Jan 2023
Fri Completed
Done
Close Date
31 Jan 2023
Tue Completed
Done
Allotment
03 Feb 2023
Fri Completed
Done
Refund
06 Feb 2023
Mon Completed
Done
Demat Credit
07 Feb 2023
Tue Completed
Done
Listing Date
08 Feb 2023
Wed Completed
UPI Deadline: 31 Jan 2023
Issue Details
Pricing & Size
Issue Price
₹40 Face ₹10
Lot Size
3,000 shares
Min Investment
₹120,000
Total Issue Size
32,40,000 shares (aggregating up to ₹12.96 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,68,000 (5.19%)
QIB Portion
9,18,000 (28.33%)
NII / HNI
10,77,000 (33.24%)
Retail
10,77,000 (33.24%)
Employee
-
Net Offer to Public
30,72,000 shares (aggregating up to ₹12.29 Cr)
Shareholding Pattern
Pre-Issue Shareholding
90,00,000 shares
Post-Issue Shareholding
1,22,40,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,20,000
HNI / NII 2 6,000 ₹2,40,000
Objects of Issue
3 objectives
1
Funding capital expenditure towards change in electricity supply voltage from 33 KV to 132 KV at our manufacturing facility at Village Duldula, Baloda Bazar (C.G.)
9.44 Cr
2
To meet Working Capital requirements
1.00 Cr
3
General Corporate Purpose
1.19 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Hem Securities Ltd
Market Maker
Hem Securities Ltd
IPO Timeline
Open
27 Jan
✓ Done
Close
31 Jan
✓ Done
Allotment
03 Feb
✓ Done
Listing
08 Feb
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
secretarial@earthstahl.com
Phone
+91-8120009626
Address
Merlin Jayshree Vihar, Mohani 5 B, Pandri Tarai, Mandi Gate, Raipur- 492001 Raipur, Chhattisgarh
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹40
Est. Listing
₹40
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Earthstahl & Alloys Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
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| Price
Market Reference
IPO Issue Price
₹40
GMP
+₹0 (+0%)
GMP Est. Listing
₹40
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 9,18,000 (28.33%) ₹367.20 Cr
NII / HNI (Total) 10,77,000 (33.24%) ₹430.80 Cr
Retail Investors 10,77,000 (33.24%) ₹430.80 Cr
Total ** 32,40,000 (100.00%) ₹12,960.00 Cr
Market Maker * 1,68,000 (5.19%) ₹6.72 Cr
* Based on ₹40.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
9,18,000 (28.33%)
NII
10,77,000 (33.24%)
Retail
10,77,000 (33.24%)
Market Maker
1,68,000 (5.19%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30-Sep-2231-Mar-2231-Mar-21
Revenue4824.684907.542457.53
PAT580.47745.48267.31
EBITDA
Net Worth1637.501057.03311.55
Total Assets4303.343592.612817.23
Reserves1793.481213.01467.53
Borrowings1092.931399.971396.82
Key Financial Ratios
4.22
Pre P/E
P/E Pre-Issue
About Earthstahl & Alloys Ltd

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.

Frequently Asked Questions
What is the issue price of Earthstahl & Alloys Ltd IPO?
The issue price of Earthstahl & Alloys Ltd IPO is ₹40 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹120,000.
What are the IPO dates?
Opens 27 Jan 2023, closes 31 Jan 2023.
When is the listing date?
Tentative listing: 08 Feb 2023 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹40 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Earthstahl & Alloys Ltd IPO · Expected 03 Feb 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
03 Feb 2023
Refund Initiation
06 Feb 2023
Demat Credit
07 Feb 2023
Listing Date
08 Feb 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹40
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹40
GMP +₹0
Key Dates
Open
27 Jan Done
Close
31 Jan Done
Listing
08 Feb Done
Registrar
Bigshare Services Pvt.Ltd.
A
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