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Open
24 Nov 2014
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Close
26 Nov 2014
3
Allotment
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Listing
Wed, Dec 10, 2014
Price Band
₹20 per share
Issue Size
80,04,000 shares (agg. up to ₹16 Cr)
Lot Size
6,000 Shares
Listing Date
Wed, Dec 10, 2014
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.28x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bansal Roofing Products Ltd. | SME | ₹2.04 Cr | ₹30 | null | ₹30.50 | +1.67% | ₹119.55 (-0.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion and modernizing by upgradation and automation of the TMT Bar manufacturing facilities | 5.36 |
| 2 | Additional Working Capital Requirements | 10.15 |
| 3 | Public Issue Expenses | 0.50 |
About Aanchal Ispat IPO
Incorporated in 2012, Aanchal Ispat Ltd (AIL) is engaged in manufacturing of Mild Steel TMT Re-bars, Structural Re-bars, Round and other Sectional products as per orders that are used in infra projects. They are also engaged in the trading of the products like Mild Steel Billets, Cement & Clinker, Charcoal and TMT & Structural Re-Bars. Company launched its products under the brand name "RELICON".Currently they are having two manufacturing facilities, one for TMT Re-bars and other for Structural Re-bars. We are having an installed capacity of 21000 TPA for TMT Re-bars and 24000 TPA for Structural Re-Bars. AIL intend to convert their semi-automatic Rolling mill to fully automatic Rolling Mill by inter alia replacing Fiber Mill Stand to Roller Bearing Mill Stands.+ Read More
Contact Details
Aanchal Ispat Ltd. AddressJ.L.No.5National Highway No.6Mouza ChamrailHowrah, West Bengal, 711114+91 3212 246 121ipo@aanchalispat.comVisit Website