Kataria Industries IPO

Incorporated in 2004, Kataria Industries Limited is a prominent manufacturer and supplier specializing in Low-Relaxation Pre-Stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage Systems, HDPE Single-Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminum Conductors.

Their comprehensive product range serves diverse sectors, including infrastructure, roads, bridges, flyovers, metros, railways, high-rise buildings, atomic reactors, LNG tanks, power transmission, and distribution lines.

Kataria Industries’ product portfolio includes LRPC Strands, polymer-coated grease/wax-filled LRPC Strands, galvanised LRPC Strands, galvanised PE-coated LRPC Strands, and specialised LRPC Strands (19 strands and up to 23.00 mm).

The company operates two manufacturing plants in Ratlam, Madhya Pradesh, equipped with essential machinery, infrastructure, and in-house testing facilities to ensure products meet stringent quality standards. The manufacturing facility is certified under ISO 9001:2015 for quality management systems.

Serving both domestic and international markets, Kataria Industries has exported its products to countries such as Dubai, Qatar, Nepal, Iran, Oman, Bahrain, and Brazil.

As of December 31, 2023, the company employs 71 permanent workers across various departments, emphasising a strong commitment to quality and customer satisfaction. Kataria Industries continues to play a vital role in advancing infrastructure projects worldwide.

Kataria Industries IPO Strengths

• Approved supplier for key government and commercial infrastructure projects.
• Supplies for major metro projects like Bullet Train and Chennai Metro.
• ISO 9001:2015 certified manufacturing facility ensuring top quality control.
• Comprehensive product range, including PT anchorage and sheathing ducts.
• Wide geographical reach with exports to Dubai, Qatar, Iran, and Brazil.
• Achieved export revenue of 4.45% in FY 2023-24.

Kataria Industries IPO Risks

• Capital expenditure delays could lead to cost and time overruns.
• Raw material supply disruptions may affect operations and profitability.
• Contingent liabilities could negatively impact financial conditions if realised.
• Dependence on top 10 customers for 51.72% of revenue.
• Promoters’ personal guarantees revocation risks financial and operational impact.
• New public company status increases compliance and reporting requirements.
• Operational delays from obtaining and renewing necessary permits and licenses.