Adishakti Loha & Ispat Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Sep 2021

Close Date

05 Oct 2021

Allotment

11 Oct 2021

Listing Date

13 Oct 2021

Exchange

BSE SME

Price Band

₹11

Listing Price

See chart

Allotment Status

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Price Band

₹11

Per share

Face Value

₹10 per share

Lot Size

10,000 Shares

per lot

Issue Size

18,20,000 shares (aggregating up to ₹2.00 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹110,000

1 lot

Pre-IPO Holding

27,38,000 shares

Promoters

Post-IPO Holding

45,58,000 shares

Promoters

UPI Deadline

2021-10-05

Mandate

Anchor AllotmentWed, 29 Sep 2021

Basis of AllotmentMon, 11 Oct 2021

Refund InitiationTue, 12 Oct 2021

Demat CreditTue, 12 Oct 2021

Listing DayWed, 13 Oct 2021

UPI Mandate Deadline2021-10-05

Sale TypeFresh Capital

Net Offer to Public17,20,000 shares (aggregating up to ₹1.89 Cr)

Market Maker Quota1,00,000 shares (aggregating up to ₹0.1100 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Adishakti Loha & Ispat Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Oct 2021.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	100,000	—	₹0.11
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,820,000	100%	₹2.00

IPO Shares Offered

Adishakti Loha & Ispat Ltd. IPO total issue size: ₹2.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	100,000	₹0.11	5.49%
Total	1,820,000	₹2.00	100.00%

* Based on upper price band ₹11 per share

Lot Size & Investment

Lot Size

10,000

Shares per Lot

Issue Price

₹11.00

Upper Band

Min Investment

₹110,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	20,000	₹220,000
Retail (Max — 13 Lots)	13	130,000	₹1,430,000
S-HNI (Min — 14 Lots)	14	140,000	₹1,540,000
B-HNI (Min — 68 Lots)	68	680,000	₹7,480,000

* Issue Price ₹11 × Lot Size 10,000 shares

IPO Schedule

Anchor

29 Sep 2021

✓ Done

IPO Open

30 Sep 2021

✓ Done

IPO Close

05 Oct 2021

✓ Done

Allotment

11 Oct 2021

✓ Done

Refunds

12 Oct 2021

✓ Done

Demat Credit

12 Oct 2021

✓ Done

Listing Day

13 Oct 2021

✓ Done

₹11.00

INR · BSE

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Issue ₹11.00 Live Price

About Adishakti Loha & Ispat Ltd.

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 strengthsCompany’s promoters have strong network with the trading community of Delhi.Experienced and qualified management team.Repeat business from existing client.

Objects of the Issue

1 To meet the incremental working capital requirements

2 General Corporate Purpose

Adishakti Loha & Ispat Ltd. Financials (Amount in Crore)

Revenue from Operations

N/A

31-Mar-18

₹0.0

31-Mar-19

₹10.9

31-Mar-20

Profit After Tax (PAT)

N/A

31-Mar-18

₹0.0

31-Mar-19

₹0.0

31-Mar-20

Particulars	31-Mar-20	31-Mar-19	31-Mar-18
Revenue from Operations	10.94	0.02	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	0.02	0.01	0.00
Net Worth	N/A	N/A	N/A
Total Assets	9.35	0.04	0.02
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered18,20,000 (100.00%)

Net Offer to Public17,20,000 shares (aggregating up to ₹1.89 Cr)

Reserved for Market Maker1,00,000 shares (aggregating up to ₹0.1100 Cr)

Pre-Issue Promoter Holding27,38,000 shares

Post-Issue Promoter Holding45,58,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Turnaround Corporate Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Adishakti Loha & Ispat Ltd. IPO subscribed? ▲

Adishakti Loha & Ispat Ltd. IPO is subscribed 1.00 times by Oct 05, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Adishakti Loha & Ispat Ltd. IPO retail subscription status? ▼

The Adishakti Loha & Ispat Ltd. IPO retail category is subscribed 1.00 times as of 05 Oct 2021. The retail portion is oversubscribed.

How to subscribe Adishakti Loha & Ispat Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Sep 2021 and closes 05 Oct 2021. Min investment: ₹110,000 (1 lot = 10,000 shares). UPI mandate: 2021-10-05.

How many times Adishakti Loha & Ispat Ltd. IPO subscribed? ▼

The Adishakti Loha & Ispat Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Adishakti Loha & Ispat Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Oct 2021. Refunds: on 12 Oct 2021.

When Adishakti Loha & Ispat Ltd. IPO will be listed? ▼

The Adishakti Loha & Ispat Ltd. IPO listing date is 13 Oct 2021, Wednesday. Listed on: BSE SME. Issue price: ₹11. Estimated listing: ₹11. GMP: NIL.

When Adishakti Loha & Ispat Ltd. IPO close? ▼

The Adishakti Loha & Ispat Ltd. IPO closes on 05 Oct 2021, Tuesday. UPI mandate: 2021-10-05. Allotment: 11 Oct 2021. Listing: 13 Oct 2021.

Quick Actions

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Live Price LIVE

Last Price₹11.00

Change—

Issue Price₹11.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹11

Face Value₹10

Lot Size10,000 Sh

Min. Amount₹110,000

GMPNIL

Est. Listing₹11

Subscribed1.00x

Open Date30 Sep 2021

Close Date05 Oct 2021

Allotment11 Oct 2021

Listing Date13 Oct 2021

ExchangeBSE SME

UPI Deadline2021-10-05