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Open
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Close
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Allotment
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Listing
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Issue Size
69,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 115.27 | 84.37 | 51.97 | 47.74 |
| Total Income | 106.98 | 164.73 | 149.06 | 79.62 |
| Profit After Tax | 9.31 | 4.97 | 6.50 | 1.93 |
| NET Worth | 25.73 | 16.42 | 11.45 | 13.33 |
| Reserves and Surplus | 17.73 | 8.42 | 3.45 | |
| Total Borrowing | 67.67 | 59.67 | 32.44 | 25.60 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ashutosh Fibre Ltd. | SME | ₹56.35 Cr | ₹92 | 9.03 | ₹147.00 | +59.78% | ₹154.05 |
| Fascinate Textiles Ltd. | SME | ₹64.83 Cr | ₹151 | 10.33 | ₹114.80 | -23.97% | ₹58.80 |
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹117.35 |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹70.00 |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹40.60 |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.20 |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹113.00 |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹62.99 |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹26.50 |
| Alpine Texworld Ltd. | Mainboard | ₹126.25 Cr | ₹105 | 12.68 | ₹99.75 | -5.00% | ₹62.60 |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹565.80 |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹76.85 |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹37.61 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 32.00 |
| 2 | Funding capital expenditure requirements towards purchase of slitting and cut-to-length machines at Unit IV | 14.13 |
| 3 | Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company | 14.38 |
| 4 | General Corporate Purposes | |
| Total | 60.51 |
About Elec Steel Processing IPO
Updated on Jul 2, 2026
Contact Details
Elec Steel Processing Industries Ltd. AddressPlot No. 96, POR GIDCAt-POR Village,TalukaVadodara, Gujarat, 391243+91 75740 01475investors@espi.co.inVisit Website