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Offer Date | Sep 19 - Sep 23, 2024 |
Offer Price | ₹ 66 |
Lot Size | 2000 |
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Kalana Ispat Limited IPO
NSE SME LiveOffer Date: Sep 19, 2024 - Sep 23, 2024
Exp. Premium: 9-10 (13.64%)
₹ 132000 /2000 Shares
Apply*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Kalana Ispat IPO Live Subscription Details
Date
:19-Sep-2024 17:01:41 hrs
NII
:0.18
Retail
:1.30x
Total
:0.74 times
Kalana Ispat IPO Details
19 Sep, 2024
Open Date23 Sep, 2024
Close Date24 Sep, 2024
Allotment Date26 Sep, 2024
Listing DateIssue Price
₹66 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdMarket Lot
2000 Shares (₹132,000/-)Lead Manager
Jawa Capital Services Private LimitedIssue Size
4,938,000 shares(aggregating up to ₹32.59 Cr)Retail Portion
50%Subscription
0.74 timesIPO Docs
Kalana Ispat Valuations
EPS Pre IPO
₹2.92/-EPS Post IPO
₹1.81/-P/E Pre IPO
22.59P/E Post IPO
36.37RoNW
21.88%Kalana Ispat Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 1,885.71 | 1,617.46 | 1,264.89 |
| Revenue | 7,394.46 | 8,335.87 | 5,793.32 |
| Profit After Tax | 236.7 | 50.09 | 13.66 |
About The Company
Kalana Ispat Limited is primarily involved in manufacturing M.S. Billets and Alloy Steel Billets of various grades.
The company's business can be divided into segments:
Sale of Products, and Sale of Services.
The manufacturing facility has been duly certified by international standards of quality management systems such as ISO 2830:2012.The company's manufacturing unit has an annual capacity of 38000MT/Annum.
Kalana Ispat - Promoter(s)
Pre Issue Share Holding: 82.72%
Post Issue Share Holding: 51.38%
Company Promoter(s)
- Mr. Aftabhusen S Khandwawala, Mr. Varghese Joseph Pottakerry, Mr. Gurubaxsing Jamiatsing Bagga and Mr. Sadik Nannabhai Qureshi.
Kalana Ispat IPO - Issue Objectives
- Capital Expenditure for Installation of 4 MW DC & 3.5 MW AC Ground Mounted Solar Power Plant - TPSAT Structure
- Capital expenditure for setting up of rolling mill at Survey No. 4/1 Taluka Sanand, Mouje Kala village, Ahmedabad by the construction of the industrial shed, purchase of equipment/machinery, other assets etc
- General Corporate Purpose
Kalana Ispat IPO - FAQs
Ans. Kalana Ispat Limited IPO is a SME IPO. The issue is priced at ₹66 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 19, 2024, and closes on Sep 23, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Kalana Ispat Limited IPO opens on Sep 19, 2024 and closes on Sep 23, 2024.
Ans. The size of Kalana Ispat Limited IPO is 4,938,000 shares(aggregating up to ₹32.59 Cr).
Ans. The IPO price band is set between ₹66 per equity share.
Ans. To apply for Kalana Ispat Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Kalana Ispat Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Kalana Ispat Limited IPO is Sep 24, 2024.
Ans. The Kalana Ispat Limited IPO will be listed on Sep 26, 2024.
Ans. Follow the steps to check the allotment status for Kalana Ispat Limited IPO here.
