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.
The Promoters of the Company are:
Individual Promoter:
1. Mr. Mukesh Goel
2. Mr. Manoj Goel
Corporate Promoters:
3. Pratik Suppliers Private Limited
The object of the issue are to:
1. Expansion and modernizing by upgradation and automation of TMT Bar manufacturing facilities;
2. Meeting Additional Working Capital Requirements;
3. Meeting Public Issue Expenses.
| IPO Opening Date | Nov 24, 2014 |
| IPO Closing Date | Nov 26, 2014 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹20 per equity share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Issue Size | 8,004,000 Eq Shares of ₹10 (aggregating up to ₹16.00 Cr) |
The Aanchal Ispat IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹120,000 |
| Maximum | 1 | 6000 | ₹120,000 |
| Listing Date | Wednesday, December 10, 2014 |
| BSE Script Code | 538812 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE322R01014 |
| IPO Price | ₹20 per equity share |
| Face Value | ₹10 per equity share |
|
|
Aanchal Ispat Ltd
J.L. No. 5, National Highway No. 6,
Mouza Chamrail,
Howrah-– 711 114, West Bengal
Phone: +91 3212 246 121
Email: ipo@aanchalispat.com
Website: http://www.aanchalispat.com
Purva Sharegistry India Pvt Ltd
9, Shiv Shakti Industrial Estate,
JR Borica Marg,
Lower Parel (East), Mumbai - 400 011
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: http://www.purvashare.com
Aanchal Ispat IPO is a SME IPO of 8,004,000 equity shares of the face value of ₹10 aggregating up to ₹16.00 Crores. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares.
The IPO opens on Nov 24, 2014, and closes on Nov 26, 2014.
Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Aanchal Ispat IPO opens on Nov 24, 2014 and closes on Nov 26, 2014.
Aanchal Ispat IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.
You can apply in Aanchal Ispat IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Aanchal Ispat IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Aanchal Ispat IPO allotment status.
Useful Articles
Compare Share Broker in India
Download Mobile App
Our Websites
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Acct Best Broker for Beginners More Reports...Discount Broker Review
Zerodha (₹20/trade) Upstox (₹20/trade) Angel Broking (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Full-service Review
Angel Broking (₹20/trade) IIFL Securities (₹20/trade) Aliceblue (₹20/trade) ICICI Direct (₹20/trade) Edelweiss (₹10/trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading Homepage
Options Overview
Benefits & Risks of Options
Options Pricing
Options Trading FAQs
Options Trading Glossary
Broker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI Homepage
Best NRI Trading Account
Best NRI 3-in-1 Account
Top 10 Discount Brokers
Top 10 Full-Service Brokers
NRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc