Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Eswari Global Metal Industries Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on June 28, 2026 to raise funds through Initial Public Offer (IPO).
Eswari Global Metal Industries Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹500.00 crores and an offer for sale (OFS) of upto 1.32 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Dam Capital Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Eswari Global Metal IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹500 Cr) |
| Offer for Sale | 1,32,09,451 shares of ₹2 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 7,77,02,650 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sun, Jun 28, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35.00% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Eswari Global Metal Industries Ltd. is a manufacturer and exporter of stainless steel products, catering to a diverse range of industrial and commercial applications. The company specializes in producing stainless steel pipes, tubes, coils, sheets, circles, and other value-added products that are widely used across industries such as construction, infrastructure, engineering, automotive, food processing, pharmaceuticals, and oil & gas. Its manufacturing operations are equipped with modern machinery and quality control systems to ensure consistent product quality.
The company serves both domestic and international markets through an extensive distribution network and exports its products to several countries. Eswari Global Metal Industries focuses on offering customized solutions based on customer requirements while adhering to stringent quality standards. It sources high-quality raw materials and emphasizes operational efficiency to deliver durable and reliable stainless steel products.
The company product offerings include pure lead and lead alloys, aluminium alloys, copper ingots, tin products and plastic granules. These products cater to a wide range of end-use industries, including battery manufacturing, automotive, industrial and allied sectors, across domestic and international markets, and are tailored to meet specific industry and customer requirements.
Competitive Strengths:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 705.30 | 524.76 | 440.11 | 306.30 |
| Total Income | 1,431.92 | 1,457.58 | 1,241.79 | 985.24 |
| Profit After Tax | 83.92 | 30.16 | 30.44 | 28.65 |
| EBITDA | 147.75 | 74.22 | 68.82 | 60.49 |
| NET Worth | 267.22 | 102.47 | 67.19 | 38.22 |
| Reserves and Surplus | 266.34 | 102.25 | 67.03 | 38.13 |
| Total Borrowing | 360.75 | 294.94 | 239.42 | 148.61 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part-financing the capital expenditure requirements of the Company towards expansion of Phase 2 of the manufacturing facility situated at Mundra, Gujarat (“Mundra Project”) | 150.00 |
| 2 | Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company and/or investment in the Subsidiaries, for pre-payment/ re-payment, in full or in part, of certain outstanding borrowings availed by the Subsidiaries | 250.00 |
| 3 | General Corporate Purposes | |
| Total | 400.00 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 45.40% | 35.55% |
| ROCE | 20.04% | 3.66% |
| RoNW | 45.53% | 35.63% |
| PAT Margin | 5.99% | 2.14% |
| EBITDA Margin | 8.37% | 1.72% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 95% |
Eswari Global Metal IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Eswari Global Metal IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Eswari Global Metal IPO using UPI as a payment gateway. Zerodha customers can apply in Eswari Global Metal IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Eswari Global Metal IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Eswari Global Metal IPO dates are not announced. Please check back again after some time.
Eswari Global Metal IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Eswari Global Metal IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Eswari Global Metal IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Eswari Global Metal IPO allotment status.
The Eswari Global Metal IPO listing date is not yet announced. The tentative date of listing is .
