Adishakti Loha and Ispat Ltd. IPO
Adishakti Loha and Ispat Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹11
Issue Price
Listing Price
-
Listing Price
Listing Gains
+₹ (+0.00%)
Listing Gains
IPO Details
Bidding Dates
30 Sep - 05 Oct '21
Bidding Dates
Min. Investment
₹110,000
Min. Investment
Lot Size
10000.00
Lot Size
Price Range
₹11.00 - ₹11.00
Price Range
Issue Size
2 Cr
Issue Size
About Company
Adishakti Loha and Ispat Limited is involved in trading metals with a special focus on steel and iron. Employing a B2B model, Adishakti Loha and Ispat Limited procures goods keeping in mind its orders and does not hold inventory for the same. This is owed to the fact that goods are provided directly via the supplier to interested customers. Clients of Adishakti Loha and Ispat Limited remain limited in number and handpicked by the company.
Adishakti Loha and Ispat Ltd. IPO Latest News and Subscription Status Today (Live)
Adishakti Loha and Ispat IPO details are as follows.
The Adishakti Loha and Ispat IPO date opened on September 30, 2021 and closes on October 5, 2021.
The Adishakti Loha and Ispat Limited IPO share price amounts to INR 11 per equity share.
The market lot for this IPO amounted to 10,000 shares. Retail individual investors were allowed to apply for only a single lot.
This means that at most, a retail individual investor could hold 10,000 shares valued at INR 110,000.
Why should you invest in Adishakti Loha and Ispat Ltd. IPO?
Adishakti Loha and Ispat IPO makes for a viable investment as its offerings have been well received thus far. This is evident from the fact that its profits after taxes have jumped over the past few years. In March 2018, their profits after tax amounted to INR 0.04 Million whereas, in March 2019, their profits after tax amounted to INR 0.19 Million. As of March 2020, Adishakti Loha and Ispat Limited’s profits after taxes amount to INR 0.21 Million. This hike in value is promising and indicates the viability of the IPO as an investment.
Adishakti Loha and Ispat Ltd. IPO - SWOT Analysis
Strengths:
The company’s strength lies in the following factors. Adishakti Loha and Ispat Limited’s promoters boast of a strong network within the trading community located in Delhi. The management team employed by the company is qualified and has experience. The company has received business from the same clients on a repeated basis indicative of their good work. Owing to the fact that it doesn’t hold an inventory, it does not need to spend any money on storing the same.
Weaknesses:
The steel and iron industry within which Adishakti Loha and Ispat Limited operates is extremely capital intensive and requires constant advancements in technology which each serve as weaknesses.
Opportunities:
Funds garnered via the IPO will allow for the company to grow and potentially expand.
Threats:
Adishakti Loha and Ispat Limited is heavily reliant on the trade of metals with a special focus on iron and steel. Each of these metals’ processing has been impacted by the Coronavirus pandemic.
How to apply for Adishakti Loha and Ispat Ltd. IPO?
You can apply for the Adishakti Loha and Ispat Ltd. IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Adishakti Loha and Ispat Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.
