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Earthstahl & Alloys Limited

Incorporated in 2009, Earthstahl & Alloys Limited is engaged in the manufacturing of Cast Iron Lumps and Ductile Iron Pipe Fittings. The cast iron lumps serve as raw materials for products like cast iron pipe fittings, machine components (lathe machines, fan components, manhole covers, decorative cast iron pieces), and other steel or cast iron manufacturing units. Ductile iron pipe fittings are primarily used as connectors in public water supply systems. The company’s manufacturing facility is located in Duldula village near Raipur, Chhattisgarh, spread over approximately 4.73 hectares. Expanding its product portfolio, Earthstahl & Alloys also manufactures plant and machinery components using foam molds for sectors including pellet plants, cement plants, sponge iron plants, power plants, the automobile sector, railway systems, and ductile iron pipe fittings.

₹38 - ₹40235.18x sub
Listed Price55.00
Listing Gain+37.50%
TimelineBookbuilding IPO
Open27 Jan 2023
Close31 Jan 2023
Allotment03 Feb 2023
Listing08 Feb 2023

Quota Reservation Portions

QIBPortion: 9,18,000 shares
28.33%
Nii (hni)Portion: 10,77,000 shares
33.24%
RetailPortion: 10,77,000 shares
33.24%
Market MakerPortion: 1,68,000 shares
5.19%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,20,000
HNI2 lots / 6,000 shares
₹2,40,000

About the Company

Incorporated in 2009, Earthstahl & Alloys Limited is engaged in the manufacturing of Cast Iron Lumps and Ductile Iron Pipe Fittings. The cast iron lumps serve as raw materials for products like cast iron pipe fittings, machine components (lathe machines, fan components, manhole covers, decorative cast iron pieces), and other steel or cast iron manufacturing units. Ductile iron pipe fittings are primarily used as connectors in public water supply systems. The company’s manufacturing facility is located in Duldula village near Raipur, Chhattisgarh, spread over approximately 4.73 hectares. Expanding its product portfolio, Earthstahl & Alloys also manufactures plant and machinery components using foam molds for sectors including pellet plants, cement plants, sponge iron plants, power plants, the automobile sector, railway systems, and ductile iron pipe fittings.

Company Promoters

Ravi Thakurdasji LaddhaRajesh SomaniPrawin SomaniPadam Kumar Jain
Earthstahl & Alloys Limited IPO Details | GMP, Allotment & Financials | IPO Trending