Kalana Ispat IPO Details
| IPO Size | 32.59 |
| Price Range | ₹66 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹132,000 |
| Pre IPO Promotor Holding | 82.72% |
| Post IPO Promotor Holding | 51.38% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Kalana Ispat IPO Timelines
19/09/2024
Start Date23/09/2024
End Date25/09/2024
Refund Initiation25/09/2024
Credit of Shares to Demat Ac26/09/2024
Listing DateKalana Ispat IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹132,000 |
| Retail Maximum | 1 | 2000 | ₹132,000 |
| HNI Minimum | 2 | 4000 | ₹264,000 |
Kalana Ispat IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 40.69x | 74.54x | -- | 59.92x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹45.15 | ₹47.40 | ₹47.40 | ₹43 |
Kalana Ispat IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹42.98 | ₹42.75 | ₹0.14 |
| FY 2022 | ₹57.93 | ₹57.74 | ₹0.14 |
| FY 2023 | ₹83.36 | ₹82.68 | ₹0.50 |
| FY 2024 | ₹73.94 | ₹70.69 | ₹2.37 |
About Company
Kalana Ispat Limited, established in October 2012, specializes in manufacturing M.S. Billets and Alloy Steel Billets. The company offers customized billet solutions tailored to specific client needs, with a focus on metallurgy, engineering, and sustainability. Its operations are divided into product sales and service sales, with an annual production capacity of 38,000 MT.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2012 | Iron & Steel | Varghese Pottakerry |
Know Before Investing
Kalana Ispat IPO Strengths
- Capable leadership ensures strategic decision-making, driving steady growth and stability.
- Dedicated marketing team builds strong relationships with customers and suppliers, securing consistent demand and supply.
- Manufacturing plant in Sanand, Ahmedabad, provides logistical advantages, enhancing operational efficiency.
Kalana Ispat IPO Risks
- Heavy reliance on scrap metal supply exposes the company to risks from supply chain disruptions and price fluctuations.
- Small core team and reliance on temporary manpower may limit the company’s ability to manage large-scale production or sudden demand spikes.
- Intense competition from larger manufacturers could pressure Kalana Ispat’s market share and pricing power.
Swot Analysis for Kalana Ispat IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Kalana Ispat Limited
504, Ashwamegh Avnue,
5th Floor, Nr Mithakhali Underbridge
Mithakhali, Ahmedabad,-380009
Phone: +91-81418 48159
Email: [email protected]
Website: https://kalanaispat.com/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Kalana Ispat IPO are:
- 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; and
- General Corporate Purpose
- Jawa Capital Services Pvt Ltd.
are the book-running lead managers for the Kalana Ispat IPO.