| Price | Gmp | Gmp In % | Total Gmp |
|---|---|---|---|
| ₹40 | ₹22 | 55.00% | ₹66,000 |
| Years | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March - 2021 | 24.57 | 21.15 | 2.67 |
| 31 March - 2022 | 49.07 | 38.17 | 7.45 |
| 25 September - 2022 | 48.24 | 40.41 | 5.80 |
| Open Date | 27 January 2023 |
|---|---|
| Close Date | 31 January 2023 |
| Issue Size | ₹12.96 Crore |
| Price | ₹40 |
| Market Lot | 3000 Shares |
| Listing Date | 08 February 2023 |
| Register | Bigshare Services Private Ltd |
| Listing At | BSE SME |
| Open | Close | Allotment | Listing |
|---|---|---|---|
| 27 January 2023 | 31 January 2023 | 03 February 2023 | 08 February 2023 |
| Retail (Min) | Retail (Max) | S-HNI (Min) | B-HNI (Min) |
|---|---|---|---|
| 3000 Shares - ₹1,20,000 | 3000 Shares - ₹1,20,000 | -- | -- |
Earthstahl & Alloys Limited is engaged in the business of manufacturing Cast Iron Lumps and Ductile Iron Pipe Fittings.
The company started its operations of manufacturing cast iron in the year 2012 with one submerged electric arc furnace with capacity of 3.6 MVA to manufacture 10,500 tonnes p.a. And in 2017 the company started its commercial production of Ductile Iron Pipes fittings segment to cater to the growing water infrastructure requirements.
The foundry is also capable of producing parts or components of plant and machinery/ automobiles using foam molds and therefore the company can produce various parts of Pellet plants, Cement plants, Sponge iron plants, Power plants, Automobile Sector, Railway & Ductile Iron Pipes Fittings.
Earthstahl & Alloys manufacturing unit is located in the village Duldula about 50 KMs from Raipur, Chhattisgarh and is spread across an area of around 4.73 hectares of land. The companies manufacturing facility is equipped with requisite infrastructure including machineries, testing laboratory other handling equipment to facilitate smooth manufacturing process.
Company Promoters Ravi Thakurdasji Laddha Rajesh Somani Prawin Somani Padam Kumar Jain