Adishakti Loha and Ispat Limited is engaged in the business of trading metals with its core focus on trading in Iron and Steel. The company works on a B2B model where it procures goods on an order basis and does not maintain any inventory as the goods are supplied directly from the supplier to the customers. The company’s top management enjoys the confidence of several corporates and other clients. The company currently markets only to a selected setup of clients.
Competitive strengths:
- Company’s promoters have strong network with the trading community of Delhi.
- Experienced and qualified management team.
- Repeat business from existing client.
Objectives of the Issue:
The net proceed from the IPO will be utilized towards the following purposes;
- To meet the incremental working capital requirements.
- To meet general corporate purpose.
SMART IPO using UPI , you can now apply online https://ipo.gwcindia.in/client/index.php
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