Earthstahl & Alloys Limited has completed an IPO in the amount of INR 129.6 million.

Earthstahl & Alloys Ltd is an India-based company, which is engaged in the production of Cast Iron Lumps. In addition, it is also engaged in production of high-end ductile iron, cast iron, steels, alloys, and non-ferrous castings. The Company’s segments include Cast Iron Lumps and Casting Articles (Foundry). It produces a variety of castings with different chemical compositions and sizes as per end use requirement including, DI Castings / Steel Castings / Alloy Castings. It also produces various parts of pellet plants, cement plants, sponge iron plants, power plants, sinter plant, automobile, railway, mining, engineering items, pipes and fittings, and agriculture equipment. Cast Iron Lumps are used as raw material in the steel foundries to manufacture products, including cast iron pipe fittings, machine components, such as lathe machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fitting and other units.