Adishakti Loha and Ispat Limited IPO
BSE SME₹110,000 / 10000 Shares
Adishakti Loha and Ispat Limited IPO Details
The Adishakti Loha and Ispat Limited IPO price band is set between ₹11 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 30 Sep, 2021 and closes on 5 Oct, 2021. Investors can check the allotment status on 11 Oct, 2021, while the listing date is tentatively scheduled for 13 Oct, 2021.
The total issue size is 1,820,000 Eq Shares of ₹10, aggregating up to ₹2.00 Cr. Stay tuned for the latest Adishakti Loha and Ispat Limited IPO review and GMP updates.
Adishakti Loha and Ispat Limited IPO Review, Rating & Analysis
Adishakti Loha and Ispat Limited IPO Review
NO REVIEWAdishakti Loha and Ispat Limited IPO Rating
Adishakti Loha and Ispat Limited IPO Highlights
IPO Date
Sep 30, 2021 - Oct 5, 2021
Listing Date
13 Oct, 2021
Face Value
₹10 Per Equity Share
Price Band
₹11 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Adishakti Loha and Ispat Limited IPO Lot Size
The minimum market lot for Adishakti Loha and Ispat Limited IPO is 10000 shares with an application amount of ₹1,10,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹1,10,000 |
| Retail (Max) | 1 | 10000 | ₹1,10,000 |
| S-HNI (Min) | 2 | 20000 | ₹2,20,000 |
| S-HNI (Max) | 9 | 90000 | ₹9,90,000 |
| B-HNI (Min) | 10 | 100000 | ₹11,00,000 |
Adishakti Loha and Ispat Limited IPO Timeline
Issue Price
₹11 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Turnaround Corporate Advisors Private LimitedIssue Size
1,820,000 Eq Shares of ₹10(aggregating up to ₹2.00 Cr)Promoters & Share Holding
Promoter(s) Name
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 60.07% |
About Company
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
Adishakti Loha and Ispat Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,60,000 | 8,60,000 | 17,20,000 |
Day 1 -30-09-21 06:00 PM | 0.12 x | 0.23 x | 0.17 x |
Day 2 -01-10-21 06:00 PM | 0.12 x | 0.83 x | 0.47 x |
Day 3 -04-10-21 06:00 PM | 0.35 x | 1.70 x | 1.02 x |
Day 4 -05-10-21 06:00 PM | 0.81 x | 2.87 x | 1.84 x |
Frequently Asked Questions about Adishakti Loha and Ispat Limited IPO IPO
When will Adishakti Loha and Ispat Limited IPO open for subscription?
The Adishakti Loha and Ispat Limited IPO opens on 30 Sep, 2021 and closes on 5 Oct, 2021.
What is the investors portion for Adishakti Loha and Ispat Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 860000.
How to apply for Adishakti Loha and Ispat Limited IPO?
You can apply for Adishakti Loha and Ispat Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Adishakti Loha and Ispat Limited IPO?
The issue size of Adishakti Loha and Ispat Limited IPO is approx ₹1,820,000 Eq Shares of ₹10(aggregating up to ₹2.00 Cr) crores.
What is the price band of Adishakti Loha and Ispat Limited IPO?
The price band for Adishakti Loha and Ispat Limited IPO is ₹11 per equity share to ₹undefined.
What is the lot size of Adishakti Loha and Ispat Limited IPO?
The minimum bid (lot size) for Adishakti Loha and Ispat Limited IPO is N/A shares with an investment of approx ₹110,000 .
What is the allotment date of Adishakti Loha and Ispat Limited IPO?
The allotment date for Adishakti Loha and Ispat Limited IPO is 11 Oct, 2021.
What is the listing date of Adishakti Loha and Ispat Limited IPO?
The listing date for Adishakti Loha and Ispat Limited IPO is expected to be 13 Oct, 2021.
What is the GMP of Adishakti Loha and Ispat Limited IPO?
The latest Grey Market Premium (GMP) for Adishakti Loha and Ispat Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.