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

IPO Doc

(D)RHP PDF  

(D)RHP PDF

About Adishakti Loha and Ispat Ltd. IPO

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.


SWOT Analysis - Adishakti Loha and Ispat Ltd. IPO

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.
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Frequently Asked Questions (FAQs) - Adishakti Loha and Ispat Ltd. IPO

What is the share price of the Adishakti Loha and Ispat Limited IPO?

The Adishakti Loha and Ispat Limited IPO price amounts to INR 11 per equity share.

What are Adishakti Loha and Ispat Limited IPO details pertaining to the dates of said IPO?

The Adishakti Loha and Ispat Limited IPO dates fall between September 30 and October 5, 2021.

Who are the promoters of the Adishakti Loha and Ispat Limited IPO?

The promoter of the Adishakti Loha and Ispat Limited IPO is Mr. Pawan Kumar Mittal.

What is the issue size of the Adishakti Loha and Ispat Limited IPO?

The issue size of the Adishakti Loha and Ispat Limited IPO is INR 2.00 Crores.

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