Adishakti Loha and Ispat Ltd

About the Company:

Adishakti Loha and Ispat Ltd is engaged in the business of trading in metals with its core focus on trading in Iron and Steel.

Initially Company was incorporated with the object of managing, undertaking, carrying on and engaging in the business of Real Estate Development, Land Development and associated activities.

The Company altered the main object clause of its Memorandum of Association vide shareholders resolution dated June 10, 2019, to enable it to pursue the business of trading in metals.

Company is Promoted by Mr. Pawan Kumar Mittal, who owns and controls the Company along with his family members.



Promoter’s network in the trading community.

Company’s Promoter has strong network with the trading community of Delhi.

He has circle of business associates who are into trading business. Owing to his already existing network, we are able to enter into the business of trading in metals.
Further, thePromoter’s network has been instrumental in scaling up the turnover of Company within short span of time.



Management Team:

  1. Mr. Pawan Kumar Mittal (Designation: Promoter Director)
  2. Mrs. Kiran Mittal (Designation: Non Executive Non Independent Director)




Objectives of the Issue:

  • To meet the incremental working capital requirements.
  • To meet General Corporate Purpose



Financials of the Company:

(in Crores) FY 19 FY 20 FY 21
Revenue 0.027 10.94 11.38
Net Profit 0.02 (-0.02) 0.003



Valuation of Peer Group Companies:

Company Name Face Value EPS PE Ratio RoNW NAV
Adishakti Loha and Ispat Ltd 10 0.01 902.97 0.11% 10.95
Incredible Industries Ltd (Formerly known as Adhunik Industries Ltd 10 0.78 37.63 3.07% 25.26
Kanishk Steel Industries 10 2.00 10.45 9.62% 20.77
Rathi Bars Ltd 10 1.42 18.63 2.72% 52.01
Sharda Ispat Ltd 10 6.80 10.74 12.48% 54.44



IPO Details:

Details Info
Issue Opens on 30th September 2021
Issue Closes on:. 5th October 2021
Issue Price Rs.11
Face Value Rs.10
Minimum Lot 10,000
Minimum Investment Rs.1,10,000
Issue Constitutes 39.92%
Issue Size Rs.2.00 cr
Market Cap Rs.5.01 cr
Listing at BSE SME
Equity Shares Offered (Fresh) 18,20,000
Equity Shares Prior to the Issue 27,38,000
Equity Shares after the issue 45,58,000

Also Read : List of Upcoming IPO’s in India.


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
0.01 902.97 0.11% 10.95



Check IPO Allotment Status:


BSE IPO Website:



Company Contact Info:
Adishakti Loha and Ispat Private Limited
Plot 3, Shop 325, DDA Community Centre, Aggarwal Plaza,
Sector-14, Rohini, New Delhi 110085;
Tel: +91-11-27860681;


IPO Registrar Info:
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East), Mumbai – 400059
Tel : +91-22-62638200;



Lead Manager to the Issue:
Turnaround Corporate Advisors Pvt Ltd
714, Vishwadeep Building, Plot No. 4,
District Centre, Janakpuri, New Delhi- 110058
Tel: +91-11-45510390