Elec Steel Processing Industries Ltd IPO
Pre Issue Shares
1,60,00,000
No. of Shares Issued
69,00,000
Pre Issue Equity Amt.
₹16 Cr
DP Filling Date
25 March 2025
Elec Steel Processing Industries Ltd IPO Timeline
Elec Steel Processing Industries Ltd IPO Details
| Elec Steel Processing Industries Ltd IPO Date | - |
| Elec Steel Processing Industries Ltd IPO Face Value | - |
| Elec Steel Processing Industries Ltd IPO Price | - |
| Elec Steel Processing Industries Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Harshad Narbherambhai Bagadia, Parasbhai Harshadbhai Bagadia, Dhyanesh Bagadia |
- Strengths
- Risks
- Opportunities
- Proven business model ensuring efficient operations.
- Long-standing customer base leading to stability in our business operations.
- Quality Assurance and Quality Control of our products.
- Strategically located manufacturing facilities with modern infrastructure.
- Well experienced management team with proven project management and implementation skills.
Company Financials
Elec Steel Processing Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 84.37 | 164.73 | 4.97 |
| 03-2023 | 51.97 | 149.06 | 6.50 |
| 03-2022 | 47.74 | 79.62 | 1.93 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- Funding capital expenditure requirements towards purchase of slitting and cut-to-length machines at Unit IV
- Repayment and/or pre-payment, in part or full, of certain borrowings availed by the company
- General corporate purposes
Elec Steel Processing Industries Ltd IPO Prospectus
Elec Steel Processing Industries Ltd IPO Listing Date
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| NSE Symbol | |
| Listing In | - |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Plot No.96 POR GIDCAt-POR Village Taluka,Vadodara-391243
Phone: +91 75740 01475
Email: investors@espi.co.in
Website: www.espi.co.in
Elec Steel Processing Industries Ltd IPO Registrar
Elec Steel Processing Industries Ltd IPO Lead Manager(s)
- Unistone Capital Pvt Ltd
How to Check the Allotment Status of Elec Steel Processing Industries Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Elec Steel Processing Industries Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Elec Steel Processing Industries Ltd IPO
Elec Steel Processing Industries Limited was initially established as Partnership Firm named Elec Steel Processing Industries', pursuant to a Deed of Partnership on April 1, 1994. The partnership Firm, Elec Steel Processing Industries' was thereafter converted to a Private Limited Company, Elec Steel Processing Industries Private Limited' vide certificate of incorporation dated August 8, 2022. Subsequently, the status of the Company was converted to a Public Limited Company and Company name was changed to Elec Steel Processing Industries Limited'. A fresh certificate of incorporation was issued on December 30, 2024, by the Central Processing Centre.