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Ayaskriti is an ayurvedic formulation containing iron. It is a specific metal processing technique developed in ancient times to make iron suitable for internal use. Objective: To prepare and physicochemically evaluate lauha Ayaskriti (shusruta) and lauha bhasma. Materials and methods: lauha Ayaskriti (shusruta) and lauha bhasma was prepared as per ayurvedic text and characterized by Organoleptic characters, physico-chemical parameters. Results: This study clearly revealed bhasma prepared as per Sushruta and Rastangini are passed as per ayurvedic bhasma pariksha. Conclusion: The study of XRF of lauha Ayaskriti and lauha bhasma value of fe is persent in the elemental form along with other form of oxide. Further studies are required to prove the medicinal efficacy of this medicine.