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Elec Steel Processing Industries Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

Our company is engaged in the business of manufacturing electrical steel products like Transformer Laminations,Assembled Cores, Toroidal Cores, and Slit Coils using Cold Rolled Grain Oriented (“CRGO”) and Cold RolledNon-Grain Oriented (“CRNGO”) steel. We cater to domestic and international markets. These products serve asessential transformer components that enhance transformer efficiency by reducing energy losses through lowhysteresis and eddy currents. They ensure optimal performance in various transformers used for powertransmission and distribution. We provide customised solutions to our clients based on their specific designrequirements for transformers. Over the past three decades, we have continuously improved our processes todeliver quality components that support efficient transformer performance.

Projects

1. Project Name: Funding working capital requirements of the company

Project Cost: 320

2. Project Name: Funding capital expenditure requirements towards purchase of slitting and cut-to-length machines at

Project Cost: 141.297

3. Project Name: Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company

Project Cost: 143.794

Promoters

Prmoters Name

1. Harshad Narbherambhai Bagadia

2. Parasbhai Harshadbhai Bagadia

3. Dhyanesh Bagadia

Prmoters Holdings
  • Pre Share Capital: 14899600
  • Pre Promoter Holding: 93.12
  • Offer to Public:
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Unistone Capital Pvt Ltd.

Subscription Details