Issue Price
₹11
Per Share
GMP
NIL
Grey Market
Est. Listing
₹11
Expected Price
Min. Application
₹220,000
2 lots × 10000 shares
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.
Adishakti Loha & Ispat Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 100,000 | — | ₹0.11 Cr | — |
| TOTAL | 1,820,000 | 100.00% | ₹2.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹110,000 |
| Retail (Max) | 13 | 130,000 | ₹1,430,000 |
| sNII (Min) | 14 | 140,000 | ₹1,540,000 |
| bNII (Min) | 68 | 680,000 | ₹7,480,000 |
| 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 |
| Total Borrowings | N/A | N/A | N/A |