IPO Trending
ADISHAKTISME / BSEListed
Adishakti Loha and Ispat

Adishakti Loha and Ispat Limited is a metal trading company focused primarily on iron and steel. Operating on a B2B model, the company procures goods based on orders without maintaining inventory, supplying products directly from suppliers to customers. Its management has built strong trust with corporate clients, and the company currently serves a select group of clients.

DRHP
₹11 - ₹11Open
Listed Price₹12.00
Listing Gain+9.09%

IPO Schedule & Timeline

Fixed Price IPO
Open30 Sep 2021
Close05 Oct 2021
Allotment11 Oct 2021
Listing13 Oct 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,00,000 shares
5.49%
Nii (hni)8,60,000 shares
47.25%
Retail8,60,000 shares
47.25%

Minimum Application Lots

Retail1 Lot (10,000 shares)
₹1,10,000
HNI2 Lots (20,000 shares)
₹2,20,000

Company Promoters

Mr. Pawan Kumar Mittal

Company Background

Adishakti Loha and Ispat Limited is a metal trading company focused primarily on iron and steel. Operating on a B2B model, the company procures goods based on orders without maintaining inventory, supplying products directly from suppliers to customers. Its management has built strong trust with corporate clients, and the company currently serves a select group of clients.

Lead Managers & Bankers

Turnaround Corporate Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20)₹109.49 Cr
Revenue Trend (₹ in Crores)
0.042.083.9125.9Mar-18Mar-19Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-20109.490.2193.570
Mar-190.270.190.460
Mar-1800.040.210

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
11 Oct 2021
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
13 Oct 2021

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Adishakti Loha and Ispat. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization11 Oct 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date13 Oct 2021Trading commences on exchange

How to Check Adishakti Loha and Ispat Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Adishakti Loha and Ispat from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Adishakti Loha and Ispat IPO

Complete issue overview for Adishakti Loha and Ispat (ADISHAKTI) IPO. The issue features an equity share price band of ₹11 per share with a minimum retail lot size of 10000 Shares (minimum application amount of ₹1,10,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions