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Earthstahl Alloys IPO

Open 27th Jan 2023 · Close 31st Jan 2023 · Listing 8th Feb 2023

Verified 2026-08-2383% data coverage
Issue Price₹40.00
Listing Price₹55.00
Current Price
Listing Gain37.50%
Current Return

IPO Objectives

Earthstahl Alloys IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding 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.)₹9.44 Cr
2To meet Working Capital requirements₹1.00 Cr
3General Corporate Purpose₹1.19 Cr