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Earthstahl & Alloys Ltd.
Issue Open Date 27-Jan-23  
Issue Closing Date 31-Jan-23  
Application Money 100  
Allotment Money  
Price Band () 38 - 40  
Minimum Bid Quantity. 3000  
Issue Size (Shares) 3240000  
Market Lot 1  
Objective

1. Funding capital expenditure towards change in electricity supply voltage from 33 KV to 132 KV at our manufacturing facility at Village Duldula, Baloda Bazar (C.G.)2. To meet Working Capital requirements3. General Corporate Purpose4. To meet issue expenses

Business Description

We started our operations of manufacturing cast iron in the year 2012 with one submerged electric arc furnace with capacity of 3.6MVA to manufacture 10,500 tonnes p.a. of Cast iron Lumps and thereafter in the year 2017 our company forayed into theDuctile Iron Pipes fittings segment to cater to the growing water infrastructure requirements in the country for which wecommissioned Lost Foam based...

Promoter's Holding
Total Share Capital   9000000  
Offered to Public   3240000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   73.53  
Address
Address :Merlin Jayshree Vihar
Mohani
5 B
Pandri Tarai
Mandi Gate
City :Raipur, State :Chhattisgarh Pincode :492001 Phone :8126666604 / 8126666604 Email : secretarial@earthstahl.com Website : www.earthstahl.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
Hem Securities Ltd.
Promoters
Padam Kumar Jain
Prawin Somani
Rajesh Somani
Ravi Thakurdasji Laddha
BNK Securities Pvt. Ltd

CIN No.:U67120WB1995PTC071182 (ISO 90001:2015 & ISO 27001:2013 Certified Company)

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