Kalyani Cast Tech IPO

Kalyani Cast Tech IPO will open for subscription from 08 November 2023. The company aims for an issue size of ₹30.11 Cr through this IPO.

Company Overview

Full nameKalyani Cast Tech Limited
SectorIron & Steel
Company Websitehttps://kalyanicasttech.com/

About Company

Incorporated in 2012,& Kalyani Cast Tech Ltd is engaged in the casting business with an in-house & machining facility. Kalyani Cast is engaged in the manufacturing of products such as Bearing housing for electrical loco,  MG Coupler Components, Adapters for WDG4 Loco, CI Brake Blocks, and so on. The company specializes in manufacturing cargo containers, including ISO containers (20′, 25′, 40′, 42′) and custom containers for parcel cargo, two & three-wheelers, dwarf, and cuboid containers. The company serves diverse clients including Indian railways, mining, cement, chemicals, fertilizer, and power plants.

The competitive strength of the company includes:

  • Experienced Promoter and Management Team
  • The company uses networking channels to identify its core customers and create effective marketing strategies for customized solutions.
  • The company distinguishes itself from competitors by providing exceptional services.

The Objectives of the Issue

Kalyani Cast Tech IPO Timetable

IPO Opening date08 November 2023
IPO Closing10 November 2023
Basis of Allotment16 November 2023
Initiation Refund17 November 2023
Credit to Demat Account20 November 2023
Listing Date21 November 2023
(Cut-off time for UPI mandate confirmation – 5 PM on November 10, 2023)

Kalyani Cast Tech IPO details

Issue typeBook Built Issue IPO
IPO issue size₹30.11 Cr – 2,166,000 shares
Fresh Issue₹30.11 Cr – 2,166,000 shares
Offer for saleNil
Face value₹10 per share
Price Band ₹137 to ₹139 per share
Lot size1000 Shares
Market Maker portion362,000 shares
Shareholding pre-issue5,014,500
Shareholding post-issue7,180,500
Listing ExchangeBSE SME

Kalyani Cast Tech IPO Lot Size

Retail (Min)11000₹139,000
Retail (Max)11000₹139,000
HNI (Min)22,000₹278,000

Kalyani Cast Tech IPO Reservation Details

QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Kalyani Cast Tech Financial Performance

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Profit After Tax293.64803.79117.3335.36
Net Worth1,717.651,424.01620.22502.89
Reserves and Surplus1,216.20922.56118.771.44
Total Borrowing581.92342.05269.87498.54
(Amount in ₹ Lakhs)

Kalyani Cast Tech Valuations & Margins

P/E (x)8.67
EPS (Rs)16.03

Company Promoters

  • Mr Naresh Kumar
  • Mr Javed Aslam
  • Mr Nathmal Bangani
  • Ms Kamala Kumari Jain
  • Ms Muskan Bangani

Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding69.83%

Lead Manager(s)

  • Gretex Corporate Services Limited

Kalyani Cast Tech IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Contact Details

Kalyani Cast Tech Ltd
B-144 Second Floor
DDA Shed Phase-1, Okhla Industrial Area
Phase-1 New Delhi, South Delhi, 110020
Phone: 011-26444400
Email: info@kalyanicasttech.com

Kalyani Cast Tech IPO Allotment Status

Final thoughts

Kalyani Cast Tech IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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