Loha Ispat has filed draft red herring prospectus (DRHP) with capital market regulator SEBI for diluting 29.94 percent stake in the company by issuing 3,02,41,320 equity shares to the public for a face value of Rs 10 each.
The raised fund will be used for working capital requirements (post expansion at Khopoli and Taloja Plants); and general corporate purposes.
Loha provides services to automobile, bearing, fabrication, packaging, general engineering, pipe manufacturing, white goods, infrastructure, home appliances sectors etc.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: