Kalana Ispat Limited

Kalana Ispat Limited

SMEClosed

₹1,32,000(2,000 Shares)

Minimum Investment

IPO Dates

Sep 19, 2024 – Sep 23, 2024

Price Band

₹66–66 per equity share

Lot Size

2000

Listing

Sep 26, 2024

Listing At

NSE SME

Sep 19, 2024Open DateCompleted
Sep 23, 2024Close DateCompleted
TBAAllotment DateUpcoming
Sep 26, 2024Listing DateCompleted

Kalana Ispat Limited Live Subscription Details

All IPOs
Retail74.54x
QIB / NII40.80x

Overall Subscription

Total Bids Received

57.67x

Kalana Ispat Limited IPO Issue Details

Issue Price
₹66 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
49,38,000 shares(aggregating up to ₹32.59 crore)
Listing At
NSE SME
Listing Date
Sep 26, 2024
Registrar
Skyline Financial Services Private Ltd

Reservation Details

Market Maker5.02%

Shares Offered

2,48,000

Company Information

Incepted in October 2012, Kalana Ispat Limited is mainly engaged in the production of M.S. Billets and Alloy Steel Billets of different grades.The company undertakes business through the following seg...

Valuations

EPS (Pre-IPO)

2.92

EPS (Post-IPO)

1.81

P/E (Pre-IPO)

22.59

P/E (Post-IPO)

36.37

RoNW

21.88%

PAT Margin

3.21%

P/B Value

4.76

Objectives of the Issue

  1. 1Capital Expenditure for Installation of 4 MW DC & 3.5 MW AC Ground Mounted Solar Power Plant - TPSAT Structure
  2. 2Capital 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
  3. 3General Corporate Purpose

Kalana Ispat Limited – Promoter(s)

Mr. Aftabhusen S Kh
wawala
Mr. Varghese Joseph Pottakerry
Mr. Gurubaxsing Jamiatsing Bagga
Mr. Sadik Nannabhai Qureshi.

Contact Details

Corporate Office

504, Ashwamegh Avnue, 5th Floor, Nr Mithakhali Underbridge, Mithakhali, Ahmedabad,-380009

+91-81418 48159

compliance@kalanaispat.com

Visit Website

Kalana Ispat Limited Allotment & Registrar Details

Check Allotment

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

Visit Registrar Website

Kalana Ispat Limited IPO Documents

Frequently Asked Questions — Kalana Ispat Limited IPO

The Kalana Ispat Limited IPO price band is set at ₹66.00 to ₹66.00 per equity share.

The lot size for Kalana Ispat Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,32,000.

The Kalana Ispat Limited IPO opens on Sep 19, 2024 and closes on Sep 23, 2024.

Kalana Ispat Limited IPO is expected to be listed on Sep 26, 2024 on NSE SME.

The current GMP for Kalana Ispat Limited IPO is ₹0, suggesting an expected listing price of around ₹66.00. Note: GMP is an unofficial market indicator.

The registrar for Kalana Ispat Limited IPO is Skyline Financial Services Private Ltd. You can contact them at ipo@skylinerta.com.

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