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 name | Kalyani Cast Tech Limited |
| Sector | Iron & Steel |
| Industry | Cast |
| Company Website | https://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 date | 08 November 2023 |
| IPO Closing | 10 November 2023 |
| Basis of Allotment | 16 November 2023 |
| Initiation Refund | 17 November 2023 |
| Credit to Demat Account | 20 November 2023 |
| Listing Date | 21 November 2023 |
Kalyani Cast Tech IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹30.11 Cr – 2,166,000 shares |
| Fresh Issue | ₹30.11 Cr – 2,166,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹137 to ₹139 per share |
| Lot size | 1000 Shares |
| Market Maker portion | 362,000 shares |
| Shareholding pre-issue | 5,014,500 |
| Shareholding post-issue | 7,180,500 |
| Listing Exchange | BSE SME |
Kalyani Cast Tech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹139,000 |
| Retail (Max) | 1 | 1000 | ₹139,000 |
| HNI (Min) | 2 | 2,000 | ₹278,000 |
Kalyani Cast Tech IPO Reservation Details
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Kalyani Cast Tech Financial Performance
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 3,059.18 | 2,420.19 | 1,599.54 | 1,367.88 |
| Revenue | 6,336.46 | 6,336.46 | 4,947.12 | 1,135.26 |
| Profit After Tax | 293.64 | 803.79 | 117.33 | 35.36 |
| Net Worth | 1,717.65 | 1,424.01 | 620.22 | 502.89 |
| Reserves and Surplus | 1,216.20 | 922.56 | 118.77 | 1.44 |
| Total Borrowing | 581.92 | 342.05 | 269.87 | 498.54 |
Kalyani Cast Tech Valuations & Margins
| KPI | Values |
|---|---|
| P/E (x) | 8.67 |
| ROE | 78.64% |
| ROCE | 67.56% |
| Debt/Equity | 0.34 |
| EPS (Rs) | 16.03 |
| RoNW | 56.45% |
Company Promoters
- Mr Naresh Kumar
- Mr Javed Aslam
- Mr Nathmal Bangani
- Ms Kamala Kumari Jain
- Ms Muskan Bangani
Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 69.83% |
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
Website: https://ipo.bigshareonline.com/ipo_status.html
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
Website: https://kalyanicasttech.com/
Kalyani Cast Tech IPO Allotment Status
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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
