EARTHSTAHL & ALLOYS LIMITED IPO
EARTHSTAHL & ALLOYS LIMITED was a SME IPO, offered at ₹38–₹40 per share to raise ₹13 crore. The issue was subscribed 222.91× overall (QIBs 39.83×, NIIs 385.03×, retail 191.55×). It listed on 8 Feb 2023 and closed its first day at ₹58, a listing gain of +44.4% versus the ₹40 issue price. It now trades around ₹14 (-65.0% versus the issue price).
Frequently asked questions
- How many times was the EARTHSTAHL & ALLOYS LIMITED IPO subscribed?
- The EARTHSTAHL & ALLOYS LIMITED IPO was subscribed 222.91× overall — 39.83× in the QIB category, 385.03× among non-institutional investors, 191.55× in retail.
- What were the EARTHSTAHL & ALLOYS LIMITED IPO listing gains?
- EARTHSTAHL & ALLOYS LIMITED listed on 8 Feb 2023, closing its first day at ₹58 — a listing gain of +44.4% versus the ₹40 issue price.
- What were the retail allotment odds for the EARTHSTAHL & ALLOYS LIMITED IPO?
- Retail was subscribed 191.55×, so a single-lot application had roughly a 0.5% chance of allotment (about 1 in 192), and allotment was finalised on 2 Feb 2023.
- What was the price band and lot size of the EARTHSTAHL & ALLOYS LIMITED IPO?
- The price band was ₹38–₹40 per share.