Elec Steel Processing Industries IPO Details
Elec Steel Processing Industries IPO Summary
Elec Steel Processing Industries IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
Offer for Sale consists of 9,00,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,60,00,000, which will increase to 2,20,00,000 post-issue.
Elec Steel Processing Industries IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
The Lead Managers for Elec Steel Processing Industries IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Unistone Capital Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Elec Steel Processing Industries Limited DRHP.
Elec Steel Processing Industries IPO Details
Elec Steel Processing Industries IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
Elec Steel Processing Industries IPO Reservation
Promoter Holding
Documents
Elec Steel Processing Industries IPO Valuations
Elec Steel Processing Industries Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 115.27 | 84.37 | 51.97 | 47.74 |
| Total Income | 106.98 | 164.73 | 149.06 | 79.62 |
| Profit After Tax | 9.31 | 4.97 | 6.5 | 1.93 |
| Net Worth | 25.73 | 16.42 | 11.45 | 13.33 |
| Reserves and Surplus | 17.73 | 8.42 | 3.45 | |
| Total Borrowing | 67.67 | 59.67 | 32.44 | 25.6 |
| Amount in ₹ Crore | ||||
About Elec Steel Processing Industries IPO
Incorporated in 1994, Elec Steel Processing Industries Ltd manufactures electrical steel products such as Transformer Laminations, Assembled Cores, Toroidal Cores, and Slit Coils using CRGO and CRNGO steel.
The company offers customized solutions for transformer design requirements. It has improved its processes for over thirty years to deliver quality components for efficient performance.
As of September 30, 2024, the company serves transformer manufacturers for products up to 400 kV, using 77.42% of its capacity.
All company products conform to IS 3024:2015 standards, ensuring quality and performance.
The company exports its products to 10 countries, with key markets including Oman and Canada.
The company's manufacturing units are situated in Vadodara, Gujarat.
As of January 31, 2025, the company had 218 full-time employees and 75 workers.
Competitive Strength:
- Established Business Operations.
- Long Standing Relationship with Customers.
- Strategically located manufacturing facilities.
- Experienced Leadership and Management.
Strength Of Elec Steel Processing Industries IPO
Risk Of Elec Steel Processing Industries IPO
Objectives Elec Steel Processing Industries IPO
1. Funding working capital requirements of the company
2. Funding capital expenditure requirements towards purchase of slitting and cut-to-length machines at Unit IV
3. Repayment and/or pre-payment, in part or full, of certain borrowings availed by the company
4. General Corporate Purposes
5. Net Proceeds
Company Contact Details
Elec Steel Processing Industries Ltd.
Plot No. 96, POR GIDC
At-POR Village,
Taluka
Vadodara, Gujarat, 391243
Phone: +91 75740 01475
Email: investors@espi.co.in
Website: http://www.espi.co.in/
Registrar Contact Details
Market Maker
Elec Steel Processing Industries FAQs
The Elec Steel Processing Industries IPO is a SME public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at TBA.
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