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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
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✦ 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 |
|---|---|---|---|---|---|---|---|
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹76.40 (-6.83%) |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹81.89 (+2.36%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹38.00 (-1.17%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.67 (-4.22%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹96.00 (-3.99%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹58.58 (-0.71%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹29.20 (+1.39%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹206.95 (+3.53%) |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹588.70 (-2.62%) |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹122.25 (-4.97%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹41.32 (-1.27%) |
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
Incorporated in 1994, Elec Steel Processing Industries Ltd manufactures electrical steel products such as Transformer Laminations, Assembled Cores, Toroidal Cores, and Slit Coils using CRGO and CRNGO steel. The company offers customized solutions for transformer design requirements. It has improved its processes for over thirty years to deliver quality components for efficient performance. As of September 30, 2024, the company serves transformer manufacturers for products up to 400 kV, using 77.42% of its capacity. All company products conform to IS 3024:2015 standards, ensuring quality and performance. The company exports its products to 10 countries, with key markets including Oman and Canada. The company's manufacturing units are situated in Vadodara, Gujarat. As of January 31, 2025, the company had 218 full-time employees and 75 workers. Competitive Strength: Established Business Operations. Long Standing Relationship with Customers. Strategically located manufacturing facilities. Experienced Leadership and Management. + Read More
Contact Details
Elec Steel Processing Industries Ltd. AddressPlot No. 96, POR GIDCAt-POR Village,TalukaVadodara, Gujarat, 391243+91 75740 01475investors@espi.co.inVisit Website