Earthstahl & Alloys Ltd Back Registered Office: Merlin Jayshree Vihar Mohani5B,Pandri Tarai Mandi Gate , Raipur - 492001 , Chattisgarh , India. Phone : 91-8120009626   Fax: Email :  secretarial@earthstahl.com   Website :  www.earthstahl.com Initial public offer of upto 32,40,000* equity shares of face value of Rs10/- each (the "Equity Shares") of Earthstahl & Alloys Limited ("The Company" or "ESAL" or "The Issuer") at an issue price of Rs40 per equity share for cash, aggregating up to Rs12.96 crores ("Public Issue") out of which 1,68,000 equity shares of face value of Rs10 each, at an issue price of Rs40 per equity share for cash, aggregating Rs0.67 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 30,72,000 equity shares of face value of Rs10 each, at an issue price of Rs40 per equity share for cash, aggregating upto Rs12.29 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.09% respectively of the post- issue paid-up equity share capital of the company. * Subject to finalization of basis of allotment. The face value of the equity shares is Rs10/- each. The issue price is 4 times with the face value of the equity shares. Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter. Issue Money Payable On Opens On Closes On Application Allotment 27-Jan-23 31-Jan-23 Rs40.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :3000  Further Multiples of :3000   Rs Cr Lead Managers to the Issue Project Cost 11.64 Hem Securities Ltd Project Financed through Current Offer 12.96   Post Issue Equity Share Capital 12.24   Issue Price Rs40.00

Projects

Funding capital expenditure towards chage in electricity supply voltage form 33 KV to 132 KV at manufacturing facility	General corporate purposes
To meet working capital requirements

Promoted By Ravi Thakurdasji Laddha Rajesh Somani Prawin Somani

Listing At BSE - SME

Registrar to the Issue Bigshare Services Pvt Ltd