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Earthstahl & Alloys Ltd

Earthstahl & Alloys Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹40
₹40
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹40
Based on GMP
Min. Investment
₹120,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Jan 2023
Close Date
31 Jan 2023
Allotment
03 Feb 2023
Listing Date
08 Feb 2023
Exchange
BSE SME
Price Band
₹40
Listing Price
See chart
Allotment Status
Price Band
₹40
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
32,40,000 shares (aggregating up to ₹12.96 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
90,00,000 shares
Promoters
Post-IPO Holding
1,22,40,000 shares
Promoters
P/E (Pre)
4.22x
 
UPI Deadline
2023-01-31
Mandate
Anchor AllotmentThu, 26 Jan 2023
Basis of AllotmentFri, 03 Feb 2023
Refund InitiationMon, 06 Feb 2023
Demat CreditTue, 07 Feb 2023
Listing DayWed, 08 Feb 2023
UPI Mandate Deadline2023-01-31
Sale TypeFresh Capital
Net Offer to Public30,72,000 shares (aggregating up to ₹12.29 Cr)
Market Maker Quota1,68,000 shares (aggregating up to ₹0.6720 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Earthstahl & Alloys Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 31 Jan 2023.
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
168,000
₹0.67
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,240,000
100% ₹12.96
IPO Shares Offered
Earthstahl & Alloys Ltd IPO total issue size: ₹12.96 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 168,000 ₹0.67
5.19%
Total 3,240,000 ₹12.96
100.00%
* Based on upper price band ₹40 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹40.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹240,000
Retail (Max — 13 Lots)1339,000₹1,560,000
S-HNI (Min — 14 Lots)1442,000₹1,680,000
B-HNI (Min — 68 Lots)68204,000₹8,160,000
* Issue Price ₹40 × Lot Size 3,000 shares
IPO Schedule
Anchor
26 Jan 2023
✓ Done
IPO Open
27 Jan 2023
✓ Done
IPO Close
31 Jan 2023
✓ Done
Allotment
03 Feb 2023
✓ Done
Refunds
06 Feb 2023
✓ Done
Demat Credit
07 Feb 2023
✓ Done
Listing Day
08 Feb 2023
✓ Done
Earthstahl & Alloys Ltd — Live Price LIVE
₹40.00
INR · BSE
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Issue ₹40.00 Live Price
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.
Objects of the Issue
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.)
2
To meet Working Capital requirements
3
General Corporate Purpose
Earthstahl & Alloys Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹2,457.5
31-Mar-21
₹4,907.5
31-Mar-22
₹4,824.7
30-Sep-22
Profit After Tax (PAT)
₹267.3
31-Mar-21
₹745.5
31-Mar-22
₹580.5
30-Sep-22
Particulars30-Sep-2231-Mar-2231-Mar-21
Revenue from Operations 4824.68 4907.54 2457.53
EBITDA N/A N/A N/A
Profit After Tax (PAT) 580.47 745.48 267.31
Net Worth 1637.50 1057.03 311.55
Total Assets 4303.34 3592.61 2817.23
Reserves & Surplus 1793.48 1213.01 467.53
Borrowings 1092.93 1399.97 1396.82
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered32,40,000 (100.00%)
Net Offer to Public30,72,000 shares (aggregating up to ₹12.29 Cr)
Reserved for Market Maker1,68,000 shares (aggregating up to ₹0.6720 Cr)
Pre-Issue Promoter Holding90,00,000 shares
Post-Issue Promoter Holding1,22,40,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Earthstahl & Alloys Ltd IPO subscribed?

Earthstahl & Alloys Ltd IPO is subscribed 1.00 times by Jan 31, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Earthstahl & Alloys Ltd IPO retail subscription status?

The Earthstahl & Alloys Ltd IPO retail category is subscribed 1.00 times as of 31 Jan 2023. The retail portion is oversubscribed.

How to subscribe Earthstahl & Alloys Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 27 Jan 2023 and closes 31 Jan 2023. Min investment: ₹120,000 (1 lot = 3,000 shares). UPI mandate: 2023-01-31.

How many times Earthstahl & Alloys Ltd IPO subscribed?

The Earthstahl & Alloys Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Earthstahl & Alloys 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: 03 Feb 2023. Refunds: on 06 Feb 2023.

When Earthstahl & Alloys Ltd IPO will be listed?

The Earthstahl & Alloys Ltd IPO listing date is 08 Feb 2023, Wednesday. Listed on: BSE SME. Issue price: ₹40. Estimated listing: ₹40. GMP: NIL.

When Earthstahl & Alloys Ltd IPO close?

The Earthstahl & Alloys Ltd IPO closes on 31 Jan 2023, Tuesday. UPI mandate: 2023-01-31. Allotment: 03 Feb 2023. Listing: 08 Feb 2023.