Ashoka Metcast Ltd IPO Allotment Status, Date, Listing Date & Expected Price

By | January 27, 2018

Ashoka Allotment status From Big Share Online & Karvy

This company IPO allotment status is not present at this time and IPO share allotment is taken place before two weeks from the date of the issue closing date. Hence the customer has to revisit the official link and website to get new updated of the Ashoka Metcast limited IPO allotment status can be checked in karvy and link intime. Even you can find out the IPO Allotment Date from the website that let to save time and collect the major new updated of the company. It is requested to note that the register of the company is responsible for the major stock allotment of the issue stocks and also refund process. Hence the customer has to contact the register with quires regarding the stock allotment. To get ideas of the allocation, just go with the Basic of allotment document on the official website which provides the right ideas for the customer. IPO – issue subscription status can view from the official website and it provides the right idea of ongoing IPO Allotment Status in a fine manner. Even the website gets updated with the new things so you need to stay on the official link to obtain the amazing support and solution for all you’re trading.

Ashoka Allotment Status

Get Complete Details Of The Ashoka Metcast Ltd Via Official Website

Ashoka Metcast Ltd has occupied the high position in the trading as well as the manufacture of the structural steel products such channel, bars, TMT, MS bars and much more. This company linked with the part of the Gujarat based business group and it is currently promoted by the Mr., shall in Ashok Shah and another family. This company promoters group runs a business in the different sectors like oil and gas, electronic equipment and steel, real estate and infrastructure. It commenced its trading operation in the structural steel market in the part of western India and Gujarat. This company has its trading process in September 2017 and it has a process of the building a new structural steel focuses trading and also works hard to develop the effective team. Additional, this firm obtain 100% stake in the company of the Shree Ghantakarna Rolling Mills Pvt Ltd and also subsidiary firm obtains rolling mills and install up to 12,000 tons.

Also Check: Upcoming IPO Allotment Status

Objects of the Issue:

The Objects of the Issue is to raise funds for:

  1. Investment in subsidiary company – SGRMPL for funding capital expenditure requirements in relation to revival and modernization of existing manufacturing facility at Kadi, Gujarat and working capital requirements;
  2. Repayment of loans;
  3. Funding expenditure for General Corporate Purposes.
 IPO Listing Date:

 

This company is happy to announce that IPO opening is on 23 January 2018 and close on the 25 January 2018. Then the finalization of basis of allotment is on 31 January 2018 and customer can get initiation of refund on 1 February 2018. Then the transfer of share demands account on 2 February 2018 and IPO Listing Date is on 5 February 2018.

IPO Listing Price:

Here listing price of IPO and closing price of the IPO is updated shortly over the official website. Hence the customer has to visit and get a first class website without any trouble with it. If you get to register with the email and another mobile number, you can get the notification that provides additional support and ideas for the customer to collect the pricing list at right time. The price list will be available on the Bigshare Services’ website so you stay tuned on this link and get the IPO Listing Price list.

 

Grey Market Premium:

The grey market is around Rs.5000 Subject to Sauda.

 

Ashoka Metcast IPO Subscription Status:

IPO Subscribed 1.49 times on day 3

 

Ashoka Metcast IPO Allotment Status:

Click Here

 

Company Promoters:

Mr. Shalin Shah

Shalin A. Shah (HUF)

IPO Registrar:

Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

 

IPO Lead Managers:

Aryaman Financial Services limited

 

Company Address:

Ashoka Metcast Limited
7th Floor, Ashoka Chambers, Opposite HCG Hospital
Mithakhali Six Roads, Mithakhali
Ahmedabad
Phone: +91- 79- 2646 3226
Fax: +91- 79- 2646 3226
Email: info@ashokametcast.in
Website: http://www.ashokametcast.in/